Underwriting
Virtual Claims Startup Snapsheet Raises $20M Round; Liberty Mutual, USAA Among Backers
Liberty Mutual and USAA are among the backers behind Snapsheet, a startup developing virtual auto claims technology and services that recently closed on $20 million in new financing. Snapsheet ...
British Banks Underplay Cyber Attacks, Fearing Bad Publicity or Punishment
Britain's banks are not reporting the full extent of cyber attacks to regulators for fear of punishment or bad publicity, bank executives and providers of security systems say. Reported attacks on ...
Berkshire Hathaway’s Gen Re Promotes Brogan to Lead Aircraft Risk Unit
Gen Re promoted John Brogan to chief executive officer of an aviation unit as the reinsurer at Warren Buffett's Berkshire Hathaway Inc. phases in a new generation of leadership. Brogan replaces David ...
Hurricane Nicole Hits Bermuda, Barely a Week After Matthew Went Away
Hurricane Nicole made landfall in Bermuda on Oct. 13 as a Category 3 storm, less than a week after Hurricane Matthew plowed through the island nation and Haiti before slamming into the U.S. Southeast ...
InsurTech Startup Launches Lease Guarantee Platform in New York
TheGuarantors, a New York-based insurance tech startup founded in 2014, is seeking to make renting an apartment in New York easier for landlords, brokers and renters through its newly launched, ...
British Government’s Planned Brexit Trigger is Unconstitutional Power Grab: Attorney
Lawyers seeking to force the government to hold a Parliamentary vote on whether to leave the European Union told a panel of three senior judges that Prime Minister Theresa May's bid to trigger Brexit ...
Millions of North Carolina Chickens Killed in Hurricane Matthew Floods
Flooding from Hurricane Matthew has killed up to 5 million poultry birds in North Carolina, most of them chickens, the state's top environmental official said on Wednesday, hurting a major ...
Swiss Re, Brazilian Conglomerate to Launch Commercial Large-Risk Insurer
Swiss Re Group and a South American conglomerate are jointly launching a commercial large-risk insurer in Brazil, and the reinsurer plans to own a majority stake. The actual partnership, which goes ...