Underwriting
Carriers Marketing Usage-Based Auto Insurance Have Multiple Obstacles to Overcome: S&P Analysis
Usage-based personal auto insurance may be drawing ever-increasing attention. Its wider adoption is stymied, however, by customer age and demographics, privacy concerns, misunderstanding about the ...
As COVID Cases Rise Again, U.S. Business Travelers Scale Back Travel Plans
With the COVID-19 Delta variant pushing infections higher again, U.S. business travelers are scaling back their travel plans, a new survey has determined. Approximately 67 percent of respondents said ...
Chubb Unit Disputes Aspect of Boy Scouts Sex Abuse Settlement, Complicating Resolution
A dispute over whether a unit of insurance giant Chubb Ltd. must contribute to a trust fund for sexually abused Boy Scouts is complicating talks to end the youth group's bankruptcy case. Lawyers for ...
‘Mission: Impossible’ Film Studio Sues Insurer Over Lack of COVID Shutdown Payments
Production on the new "Mission: Impossible" movie was shut down seven times due to the coronavirus pandemic, according to a lawsuit filed on Monday that accuses the film's insurance company of ...
Allstate, State Farm Top J.D. Power’s 2021 U.S. Small Commercial Insurance Customer Satisfaction Ranking
Allstate scored highest in J.D. Power's annual customer satisfaction ranking for U.S. Small Commercial insurers. The property/casualty insurer landed an 848 out of 1,000 points. State Farm grabbed ...
Slope Software Raises Money to Ramp Up Cloud System for Actuarial Modeling
Slope Software, an Atlanta InsurTech Startup focused on actuarial modeling for insurers, has raised a $2 million early-stage investment designed to fuel product development and growth. "It is time ...
Evidence From Collapsed Condo Reportedly Shows Extensive Corrosion and Concrete Issues
Video released by a team of federal investigators shows more evidence of extensive corrosion and overcrowded concrete reinforcement in a Miami-area condominium that collapsed in June, killing 98 ...
Tesla Driving in Autopilot Rams Into Florida Highway Patrol Cruiser
A Tesla driving in autopilot mode slammed into a Florida Highway Patrol cruiser on an interstate near downtown Orlando and narrowly missed its driver, who had pulled over to assist a disabled ...