Commercial Lines
E&S Insurer Ategrity Raises $75M, Plots Next Phase of Growth
Ategrity Specialty Insurance Co. sad it has completed a $75 million capital raise led by Sequentis Financial LLC to support its continued growth. Ategrity is a Scottsdale, Arizona-based specialty ...
Shareholder Backing for U.S. Climate Measures Rose Significantly This Year
Support for climate-related shareholder resolutions at U.S. companies rose significantly this year, according to a report released on Wednesday, as investors focused on economic threats posed by ...
Digital Property Claims Marketplace Startup Wins ACORD’s InsurTech Innovation Challenge
ACORD, the global standards-setting body for the insurance industry, picked the startup handdii as the winner of its 2021 ACORD InsurTech Innovation Challenge New York. The winner is a digital ...
Generali Reports Most Directors Want to Keep Donnet as CEO
Generali said a majority of its board members was in favor of keeping Chief Executive Philippe Donnet in his job for another mandate, as shareholders in Italy's biggest insurer spar over governance ...
The Hartford Agrees to $787M Settlement for Boy Scouts Sex Abuse Claims
The Hartford announced a new agreement in the Boy Scouts of America (BSA) bankruptcy in which it will pay $787 million for sexual abuse claims under policies mostly issued in the 1970s. The new ...
Cowbell Cyber Debuts Cyber Risk Exchange Marketplace
Cowbell Cyber is launching what it bills as the first-of-its-kind cyber risk exchange marketplace. The marketplace, dubbed Cowbell Rx, is designed to close insurability gaps by providing cyber ...
U.S. P/C Mutual Insurers Still Saw Premium Growth Despite 2020 Pandemic Givebacks: AM Best
U.S. P/C mutual insurance companies held their own in 2020 despite returning significant levels of premiums during the pandemic. In fact, net premiums written grew by 1.4 percent even with all the ...
The Latest Launches From JetSure USA and Embroker
A specialist private jet cancellation provider will be marketing Flight Cancellation insurance in the United States. Digitial business insurance platform Embroker will now be offering Cyber Insurance ...