Markets
Federal Flood Insurance Program Wins Short Extension
Having failed several times to pass a $19 billion disaster aid bill with a federal flood insurance reauthorization provision by unanimous consent, the House of Representatives managed on Thursday to ...
Allianz Grabs Two U.K. Insurance Businesses for $1 Billion Price Tag
Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming the firm into the second-biggest general insurer in the country. The ...
How to Make It Personal: Online Sales in Insurance
Insurers are realizing the increasing need for a more impactful and tailored approach to their online sales process. A brochure-website doesn't cut it anymore, as customers are expecting to encounter ...
Executives On the Move at Starr, Willis Towers Watson and AIG
Starr Insurance Companies appointed a former Marsh executive to a leadership role involving the UK and Europe. Willis Towers Watson named an executive to oversee Corporate Risk and Broking for the ...
U.S. D&O Premiums Inch Higher in 2018: A.M. Best
Directors & officers insurance written premiums rose slightly in 2018 after four previous years of stable numbers, A.M. Best said in a new market segment report. The line produced nearly $6.6 ...
The Latest Launches From Duck Creek Technologies/Roost, International Marine Underwriters and At-Bay
Duck Creek Technologies will offer Roost's telematics technology to its claims management software users. International Marine Underwriters beefed up its ocean cargo policy with new coverages and a ...
Brexit Uncertainties Trigger Sharp Drop in European Business Confidence
Uncertainty over Britain's departure from the European Union has triggered a sharp drop in business confidence in Europe over the past six months, a survey showed on Thursday. Only 50% of European ...
A Record? 500 U.S. Tornadoes in 30 Days
The U.S. has been rocked by 500 tornadoes in the past 30 days with a trapped jet stream in the atmosphere "stuck in neutral," the U.S. Storm Prediction Center said. In the past seven decades, only ...