Markets
Kemper, After Tough Q4, Will Pay $1.3B for Infinity Property and Casualty
Insurer Kemper Corp will acquire Infinity Property and Casualty Corp for about $1.3 billion in cash and stock to boost its nonstandard auto insurance business, the two companies said on Tuesday. ...
The Latest Launches From QBE, GuideOne/Roost and Zurich/CoverWallet
QBE North America has teamed up with a company to expand access to some of its professional liability coverage. GuideOne Insurance has started offering Roost Smart Water Leak and Freeze Detectors in ...
Weather Analytics Company Understory Wins Patent for Proprietary Sensor Tech
Understory secured a patent for sensor technology used as part of its private network to collect real-time weather data on the ground in great detail. Alex Kubicek, CEO of the Wisconsin-based weather ...
Workers Compensation Rates Should (Selectively) Run the Gamut in 2018
Workers compensation rates in 2018 will be mixed, with pricing for some programs expected to be flat to down and others seeing spikes, according to a market prediction from the broker USI. In other ...
Executives On The Move at Hiscox and Swiss Re
Hiscox named a new chief financial officer for its U.S. business. Swiss Re has a new head of sales in North America for its Corporate Solutions unit. *** International specialist insurer Hiscox ...
March 1 Autonomous Car Summit Planned by U.S. Transportation Dept.
Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, ...
‘Olympic Destroyer’ Malware Likely Used to Target Pyeongchang Games
Several U.S. cyber security firms said on Monday that they had uncovered a computer virus dubbed "Olympic Destroyer" that was likely used in an attack on Friday's opening ceremony of the Pyeongchang ...
Tech Innovation Moves From Coalition/HackerOne and Munich Re/StarMind
Coalition will partner with HackerOne to offer its cyber insurance small business clients programs to reduce hacking risks. Munich Re will start using artificial intelligence technology from Starmind ...