Personal Lines
Americans Don’t Expect Normal Travel Until 2022: Generali Survey
Most Americans don't expect a return to normal travel until 2022, according to a new Generali survey, which mean smaller numbers will take a summer vacation this year than before COVID-19 hit. The ...
Weekend Storm Warnings Issued For Gulf Coast: Louisiana to Florida
The National Hurricane Center's updated its tropical storm warning for the Gulf Coast is in effect for east of Morgan City, Louisiana to the Okaloosa/Walton County line in Florida. The center has ...
InsurTechs Help Carriers Bridge the Digital Divide in Multiple Ways
As the COVID-19 pandemic has pushed many insurers to embrace more technology, there has been some talk of how InsurTechs can step in and help insurers navigate the ever-changing digital space. "I ...
Tractable Attracts $60M to Fuel Further Expansion of AI-Focused Disaster Recovery Tech
The InsurTech Tractable has pulled in $60 million in fresh venture capital. Executives expect to use the money to further the company's artificial intelligence technology for accident and disaster ...
Cambridge Mobile Telematics Acquires Rival TrueMotion in Major Expansion Push
Cambridge Mobile Telematics has acquired rival TrueMotion for an undisclosed price in a deal that give it an expanded presence and capabilities in the global auto insurance market. The cash and stock ...
Executives On The Move at Hamilton Insurance and Hippo
Hamilton Insurance brought in a rising executive to be Head of Mergers and Acquisitions Insurance, a newly-created position. Hippo Enterprises named a new board member – a veteran insurance ...
COVID Crisis Hurts Global Macro Resilience, Widens Insurance Protection Gap: Swiss Re
The COVID-19 crisis reduced overall global macro resilience – or the ability of societies to absorb shocks – by 18% in 2020 from 2019, according to a sigma report published by Swiss Re Institute. ...
Many Consumers Never Knew About Pandemic Auto Insurance Premium Givebacks: J.D. Power
During the COVID-19 pandemic, auto insurers voluntarily returned more than $18 billion in premiums to address the drastic reduction in driving. It turns out all that extra money didn't make consumers ...