Markets
Usage-Based Insurance Apps: Opportunity or Obstacle?
It's been almost a decade since Progressive launched its usage-based insurance (UBI) program, Snapshot, aimed at more closely aligning driving behavior with auto insurance rates. And although other ...
2017 Atlantic Hurricane Prediction: A Slightly Below-Average Season
Colorado State University hurricane researchers are predicting a slightly below-average Atlantic hurricane season in 2017, citing the potential development of El Niño as well as recent anomalous ...
A Surge in Dog Bite Claims Stems Partially From Larger Settlements
Fido's getting more aggressive. Insurance claims for dog bites jumped 18 percent to 18,123 last year in the U.S., according to an industry group. The average attack cost $33,230, a decline from 2015, ...
Twitter Drops Lawsuit After U.S. Govt. Withdraws Quest to I.D. Trump Critic
Twitter Inc on Friday dropped a lawsuit it filed the previous day against the U.S. Homeland Security Department, saying the government had withdrawn a summons for records about who was behind an ...
Insurance Insiders Voice Optimism About Trump’s Tax, Regulatory Positions
Less than 100 days into the U.S. Presidency of Donald Trump, the ultimate shape of regulatory and tax reform remains very much in question. P/C insurance trade associations have expressed hope that ...
The Latest Launches From AXIS and Willis Towers Watson
AXIS Capital Holdings launched a new flexible management liability insurance policy targeted to privately held companies. Willis Towers Watson came out with a product designed to address cyber ...
Storing Telematics Data in the Cloud Puts Driver Privacy at Risk: Research
Drivers' private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using connected-device, or telematics, functions in ...
Executives On The Move at Chubb, XL Catlin, QBE North America and More
A former Swiss Re executive is joining XL Catlin in a leadership role. QBE North America said it will appoint a former CNA executive as its new chief underwriting officer for North America. Chubb ...