Personal Lines
State Auto Shareholders Back Liberty Mutual’s $1B Acquisition Plan
Shareholders at State Auto Group voted overwhelmingly to approve Liberty Mutual Holding Company's $1 billion plan to buy the company. The Ohio-based super-regional insurance holding company said the ...
Climate Change Returns as a Top Insurance Industry Concern
Climate change has returned to the top of the list of insurers' biggest concerns as the vaccine roll-out and gradual lifting of health restrictions see pandemic fears ease in many countries. Global ...
Buckle Secures $60M Financing to Scale Gig Economy Digital Platform
Buckle Corp. has nailed down $60 million in new venture capital financing, money that will help scale its full-stack insurance-as-a-service platform for the gig economy. "This new raise helps ...
Chubb’s Blink Digital Platform Partners With USAA, Its First Incumbent Carrier
Blink by Chubb, Chubb's new digital platform launched earlier this year, is partnering with its first incumbent insurance carrier. The arrangement allows USAA Insurance Agency to offer a Chubb-backed ...
United Nations Development Arm Starts Disaster Insurance Program
The United Nations Development Programme has launched an initiative to help governments and the private sector in developing countries provide insurance for crises such as pandemics and natural ...
Generali CEO Wins Board Backing Despite Opposition From Two Leading Shareholders
The board of Assicurazioni Generali on Monday threw its weight behind the reappointment of Chief Executive Philippe Donnet, overlooking opposition from two leading shareholders in Italy's top ...
InsurTech NY Debuts Index Scoring Carrier Willingness to Partner With Startups
InsurTech NY is debuting an index that scores insurance and reinsurance companies on their willingness and ability to partner with industry-related tech startups. The organization, which bills itself ...
CEO Viewpoint: Jewelry Insurance Is a Carrier Growth Opportunity
With losses from Hurricane Ida and its aftermath reaching $25-$30 billion, far too many homeowners don't realize they may not have insurance coverage for flooding. While tens of thousands of flood ...