Markets
AIG Will Move to New Manhattan HQ in 2021
American International Group is moving its global headquarters in 2021 as part of a continued push to modernize its operations, the company disclosed on July 21. The property/casualty insurance giant ...
InsurTech Hippo Eyes 2021 IPO After Landing $150M in New Financing
Hippo Enterprises Inc., hot on the heels of rival home insurance technology business Lemonade Inc. going public, has closed a $150 million financing round. The Palo Alto, California-based startup is ...
Executives On The Move at BHSI and Guy Carpenter
Berkshire Hathaway Specialty Insurance made an insurance industry veteran head of Financial Institutions in Germany. Guy Carpenter announced the appointment of three senior executives within its GC ...
The Latest Launches From Farmers Insurance and Berkshire Hathaway/GUARD
Farmers Insurance has started selling customizable auto, home, condo and renters policies in Kentucky. Berkshire Hathaway GUARD Insurance Companies added Missouri, Washington and Wisconsin to the ...
U.S. Companies Struggle to Address Airborne Coronavirus Risk in Reopening Efforts
U.S. companies are raising new questions about how they can make workplaces safe after the world's top public health agency acknowledged the risk that tiny airborne droplets of the novel coronavirus ...
On the Docket: Who Will Pay UK Coronavirus Business Interruption Claims?
A trial to decide who should pay for the rising costs associated with the coronavirus pandemic is about to start in London. The UK financial regulator took Europe's largest insurers to court in a ...
Insurance Software Firm Majesco Will Be Acquired by Private Equity Outfit for $594M
Cloud insurance software firm Majesco said it has agreed to be acquired by Thoma Bravo, a private equity firm focused on the software and technology services sectors, in a transaction valuing the ...
Twitter Discloses Hackers Downloaded Data From Several Non-Verified Accounts
Twitter Inc said on Saturday that hackers were able to download account information for up to eight accounts involved in the hack of its systems this week, but said none of them were verified ...