Markets
CoverHound Small Biz Commercial Site Goes Live
CoverHound, an InsurTech company that allows customers to compare and purchase personal auto insurance online, is adding a full suite of business insurance offerings—including workers compensation ...
P2P Insurance Startup Lemonade Makes New York Debut; Further Expansion ‘In Due Course’
Peer-to-peer insurance startup Lemonade is open for business in New York, nine months after the startup's debut and initial venture funding announcement. The New York-based company said that it now ...
When Vehicle Claims Surge: How to Weather the Storm
Unpredictable and severe weather patterns are a continuous and growing concern for property/casualty insurance companies. In fact, data findings from a new study in the journal Naturedemonstrate that ...
Zurich Combines Corporate/Commercial Arms Into Single Unit; Ex-AIG Exec to Lead It
Zurich Insurance Group disclosed plans to combine its Corporate and Commercial businesses into a single Commercial Insurance unit, and a former AIG executive will help lead it. James Shea will be ...
Berkshire Hathaway’s Combs Named to JPMorgan’s Board as Banking Ties Grow
Berkshire Hathaway Inc.'s Todd Combs has been named to the board of JPMorgan Chase & Co., helping him build expertise beyond investment management and expanding the ties of Warren Buffett's ...
Racketeering Suit Alleges State Farm Bankrolled Judge
Some customers of State Farm Mutual Automobile Insurance Co. claim the company conspired to help elect an Illinois Supreme Court candidate so he could vote to throw out a $1 billion award against the ...
Self-Driving Cars Would Face 15 Benchmarks to Pass in Proposed U.S. Guidance
The Obama administration's proposed guidelines for self-driving cars, formally unveiled Tuesday, include 15 benchmarks automakers will need to meet before their autonomous vehicles can hit the road. ...
Wells Fargo Lesson: Culture Work Hard for Growing Cos., Says Markel CEO
It's not uncommon for one of the leaders of Markel Corp. to be greeted by an employee intent on giving him "what for" about something going on at the company as he exits his car in the morning. ...