Markets
Metromile Will Let Customers Use Bitcoin to Buy Insurance, Get Claims Payments
Metromile plans to start letting customers use bitcoin to buy insurance or receive payments for insured claims, beginning later this year. The San Francisco-based InsurTech said the use of bitcoin ...
Hiscox Q1 Overall Growth Offsets U.S., Cyber Repositionings
Hiscox Ltd reported gross written premiums up 6.3 percent to $1,3 billion, with growth in Hiscox London Market, Hiscox Europe and direct and partnerships business more than offsetting planned ...
Jobs Might Be in Jeopardy if Workers Refuse COVID Vaccine
Texas nurse Jennifer Bridges plans to go to work on June 7, like it's any other day. The only difference is, when she gets there she expects to be fired. That day is the deadline her employer, ...
Cyber Attack Strikes Billion-Dollar Spanish Delivery Startup
A hacker broke into the systems of Spanish rapid-delivery startup Glovo last week, it said on Tuesday, without specifying what information might have been accessed. Valued at over $1 billion, ...
Liberty Mutual and TuSimple to Assess Autonomous Truck Safety
Liberty Mutual Insurance plans to work with TuSimple, a self-driving technology company, to assess if autonomous trucks are safer than human-driven vehicles. Specifically, the companies will compare ...
How COVID Impacts Insurance in Unforeseen Ways
Having recently marked the one-year anniversary of the COVID-19 pandemic, it seems like an opportune time to consider how the pandemic has impacted the insurance industry. While business interruption ...
Global P/C Insurance M&A Activity Soared Even With Pandemic Obstacles: Conning
Global P/C insurance M&A activity was "surprisingly rigorous" in 2020 despite significant challenges created by the coronavirus pandemic, Conning said. Conning tracked $28.6 billion in ...
New FAA Rules Should Expand Commercial Use of Drones
New Federal Aviation Administration rules are expected to clear the way for expanded commercial use of drones, which are increasingly being used by insurers to assess property damage. The updated ...