Markets
Q1 Loss Ratios Unsustainably High for InsurTech Carriers Root and Metromile
Considering differences in "share of voice" commanded by InsurTechs Lemonade and Root, a surprise of first-quarter 2018 is the fact that the Columbus, Ohio-based Root has squeezed past Lemonade in ...
Hands Still Tied at Lemonade, CEO Says
When two InsurTech watchers tallied up underwriting results for Lemonade recently to conclude that the company's annual "Giveback" to policyholders' selected charities might shrink in coming years, ...
Digital Tech Helps Auto Insurers Achieve Record Customer Satisfaction Levels: J.D. Power
Auto insurers have something to celebrate: Overall customer satisfaction with the sector has reached a record high. J.D. Power's 2018 U.S. Auto Insurance Study found that overall customer ...
The Latest Launches From Beazley, XL Catlin and Sompo International
Beazley beefed up its coverage options for businesses seeking to address their evolving cyber exposures. A new partnership allows XL Catlin's North America Construction insurance business to give ...
Science Advisors Accuse Regulators of Hindering Spread of Commercial Drones
Science advisers to the federal government say safety regulators are hindering the spread of commercial drones by being too cautious about the risks posed by the flying machines. The National ...
Unsafe Charters Allowed to Handle U.S. Commercial Flight Operations: Watchdog Probe Allegation
Government aviation inspectors allowed unsafe aircraft to operate in U.S. commercial flight operations, a whistle-blower investigation has concluded. The Federal Aviation Administration's own review ...
Oil Companies Seek Dismissal of Suit Holding Them Liable for Global Warming Damages
Lawyers for major oil companies on Wednesday urged a federal judge to throw out a lawsuit filed by New York City seeking to hold them financially liable for damages caused by global warming. Theodore ...
Convergence of Tech and Insurance Will Transform Rather Than Disrupt Industry: Munich Re’s Hochburger
The insurance industry is experiencing a convergence with technology that is transforming the way it develops products, underwrites, prices and sells policies, and services its customers. This change ...