Personal Lines
Climate Change Could Force 200 Million People to Abandon Their Homes by 2050
Climate change could push more than 200 million people to leave their homes in the next three decades and create migration hotspots unless urgent action is taken to reduce global emissions and bridge ...
Generali Reports Most Directors Want to Keep Donnet as CEO
Generali said a majority of its board members was in favor of keeping Chief Executive Philippe Donnet in his job for another mandate, as shareholders in Italy's biggest insurer spar over governance ...
Genworth Brings Back IPO Plans for Mortgage Insurance Unit; Goal of $3B Valuation
Genworth Financial Inc on Monday revived plans for an initial public offering (IPO) of Enact Holdings, aiming for a valuation of more than $3 billion for its mortgage insurance unit, according to a ...
Lemonade’s Latest Launch Protects Puppies and Kittens
InsurTech Lemonade is now offering a preventative care package designed specifically for dogs and cats under two years old. The new addition will be part of the company's Lemonade Pet insurance ...
InsurTech Five Sigma Raises $12M for Cloud-Based Claims Platform Expansion
Israel's Five Sigma raised $12 million to accelerate growth and expansion of its cloud-based claims platform. The investment firm 83North led the Series A round, which also included existing ...
Hurricane Ida Will be Historically Costly – One for the Record Books
Hurricane Ida will likely become one of the costliest U.S. mainland hurricanes on record both on a nominal and inflation-adjusted basis, according to Aon's monthly Global Catastrophe Recap report, ...
Jetty Raises $23M, Launches Product to Help Renters Cover Monthly Payments
Jetty has raised $23 million in additional venture capital and launched a new product that helps renters cover their monthly payments. Jetty's Jetty Rent coverage will pay rent on behalf of renters ...
Digital Auto Insurer Marshmallow Is One of First Black-Founded UK Unicorns
Digital motor insurer Marshmallow has raised $85 million from investors, valuing it at more than $1.25 billion and making it one of the first British Black-founded unicorns, the company said on ...