Social media influencers and an insurance industry think tank are giving Hyundai and Kia vehicles the worst kind of publicity: Many of the cars the company sold are easy ...
Although insurance companies that may have wanted more reinsurance coverage going into the 1/1 renewals elected to close their wallets in the face of rising rates, they will ultimately seek that ...
One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young company has done it again.
Coalition announced it has launched a full-stack cyber insurance carrier. Coalition Insurance Company (CIC), which the InsurTech calls the "the first full-stack, active ...
A hard market in short-tail lines — such as property and property catastrophe — across global geographies is likely to continue throughout 2023, after beginning the ...
A new excess layer cyber facility, called CyXS, was launched by WTW, providing excess layer cyber capacity for global clients.
Key elements of the facility ...
The most challenging January reinsurance renewals in nearly two decades saw global property-catastrophe rate increases of 25-60 percent, with loss-affected clients facing ...
When it comes to climate impacts, the front line of the finance industry is insurance. Last year's payout from damages caused by extreme weather events totaled $120 ...
Tesla Inc.'s electric vehicles are expensive to repair — so much so that the automaker and insurers are addressing the issue in sharply different ways.
Chief Executive ...
In a report on financial results for the month of December, which was published on Tuesday, Progressive revealed that the company met its frequently stated goal of posting a 96 combined ratio again ...