Executives On The Move at BHSI and Liberty Mutual
Berkshire Hathaway is bringing on a former Swiss Re executive in a leadership role. Liberty Mutual has a new senior vice president and treasurer.***
A former Swiss ...Markets
Metromile Exploring Roads to Renters, Homeowners, Commercial Auto
Customers who have been buying personal auto insurance from Metromile may have the option of adding homeowners or renters to a coverage package in the not-too-distant future, the CEO revealed ...
How Pay-Per-Mile Insurance Is Evolving
As automakers race to develop and test autonomous vehicles for longer and more complex trips, insurers offering unique types of auto insurance coverage aren't worrying about disruption. Dan Preston, ...
Buffett’s Berkshire Hathaway Invests in Biogen and Kroger
Warren Buffett's Berkshire Hathaway Inc. piled funds into biotechnology company Biogen Inc. and supermarket operator Kroger Co. as it trimmed some of its bank wagers in the last few months of 2019. ...
AIG CEO Duperreault on P/C Insurance Turnaround: ‘This Inflection Point Was Critical to Achieve’
In a world of giant public companies with a global reach, $12 million may not seem like much. For American International Group, it's a very big deal. In the 2019 fourth quarter, AIG reported $12 ...
New InsurTech Financings: Software, SaaS Platform and Bicycle Insurance
Recent InsurTech funding announcements include a French company developing enterprise software products and services for credit and surety insurers; a Nevada-based SaaS-based digital insurance ...
Ironshore Expands, Realigns Wholesale Distribution Platform
Ironshore, the Liberty Mutual specialty insurance company, has expanded and realigned its wholesale distribution platform with local offices headed by branch managers. The company believes the new ...
Storm Ciara (AKA Sabine) Could Cause $2B in Insured Losses: RMS
Total insured property losses from storm Ciara, which was named Sabine in Germany, could be between 1.1 billion and 1.8 billion euros ($1.2 billion-$1.95 billion), catastrophe risk modeling firm RMS ...
Delta Will Invest $1B to Limit Global Air Travel Climate Impact
Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a ...