Markets
State Farm Will Start Hiking Auto Rates, Allstate CEO Predicts
Allstate's chief executive officer said his company will likely continue pushing for auto insurance rate hikes next year, and he expects the carrier's largest mutual competitor—State Farm—to move ...
Florida Special Session Agenda Calls for Claims Process Changes, More Carrier Oversight
Florida legislative leaders posted a proclamation Tuesday painting the broad outlines of the special session scheduled to begin Monday, Dec. 12. And it quickly had tongues wagging around the ...
Embroker: Cybersecurity a Top Investment Focus for Startup Founders in 2023
Cybersecurity concerns will likely remain a focus for startup founders in 2023, according to the recent Embroker Cyber Risk Index: Startup Edition, published today. The report said startup founders ...
Apple Sued by Women Who Say Airtag Lets Stalkers Track Victims
Apple Inc. has been sued by two women who said its AirTag devices have made it easier for their former partners and other stalkers to track down victims.
Parametric flood insurance is still in its infancy in the United States, but one index-based insurer is preparing to make a splash in five states in early 2023. According to new data from Corvus Insurance, fraudulent funds transfer (FFT) continues to generate substantial losses for organizations. Apparently, nothing has changed within the last several months to change AM Best's negative outlook on the U.S. personal lines insurance segment. If fortune favors the brave, trepidation in the insurance-linked securities market may be dampening investor profits. Recent outlier ...
FloodFlash Eyes Parametric Splash in U.S.
Fraudulent Funds Transfer, Ransomware Are Main Drivers of Cyber Loss: Corvus
A Near-Term Return to Underwriting Profit in Auto ‘Highly Unlikely’: AM Best
Is ILS Missing the Mark on Cyber?
AM Best Assigns Positive Segment Outlook to MGAs, Other DUAEs
Technology, talent and diverse sources of capital continue driving growth for managing general agencies and other delegated underwriting authority enterprises globally, according to AM Best, which ...