Commercial Lines
InsurTech Oyster Insurance Heads West With Pay-As-You-Go Workers Comp Launch
A new InsurTech wants to provide pay-as-you-go workers compensation to as many small businesses in California as possible, and it hopes to use the momentum it's built following a quiet launch in the ...
Dell Stops Hack Attack on Online Electronics Store, Resets Customer Passwords
Dell Inc said on Wednesday that it reset passwords for all accounts on its Dell.com online electronics store on Nov. 14, five days after it discovered and stopped hackers who were attempting to steal ...
AXIS Consolidates 4 Businesses Into Single Global Cyber and Technology Unit
AXIS Insurance said it is merging its U.S. Cyber, Technology, Media and Miscellaneous Professional Liability businesses into one major division to better address "borderless risks." Dan Trueman has ...
The Latest Launches From PURE and Ironshore
The PURE Group of Insurance Companies is beefing up the protection it offers for jewelry theft from the home. Ironshore's Environmental unit has enhanced its Contractors Environmental Legal Liability ...
Experts Predict Another Short-Term Renewal for National Flood Insurance Program
With the clock ticking on the National Flood Insurance Program's authorization that is set to run out this Friday, Nov. 30, Congress is expected to renew the program short-term by taking one of ...
AXA’s $15B XL Acquisition Enables It to Raise Profit Goals, Target Asia Markets
AXA, Europe's second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, and said it would now focus on expanding in ...
PG&E Declined to Cut Power During Windstorm as California Wildfire Ramped Up
In the days before California's deadliest wildfire erupted near a PG&E Corp. power line during a windstorm, the company kept a close eye on the weather, warned customers it might shut off ...
Like Tech Entrepreneurs, Carriers Should Closely Track a Rapidly Changing World
For carriers seeking to innovate and digitize their operations, an awareness of a rapidly changing world and the need to continually adapt to it can help ensure success. Maintaining a strategic ...