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Lloyd’s Lab Innovation Program Chooses 11 InsurTech Startups for Next Cohort
Lloyd's announced the next 11 InsurTech start-ups that are participating in the sixth cohort of its Lloyd's Lab innovation accelerator program. These InsurTechs will be focused on creating simpler ...
Climate Change Law for Financial Firms Introduced in New Zealand, a Global First
New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister for climate ...
AIG, Lemonade, Among Insurers Who Signed Letter Opposing Laws Restricting Voting Rights
A handful of insurance industry executives signed a letter from hundreds of major companies, corporate leaders and celebrities released on Wednesday stating opposition to laws restricting voting ...
Florida Property Lawsuits Encompass 76% of Insurer Litigation in U.S.: NAIC Data
New information from Florida's insurance regulator paints a stark picture of the extent of litigation facing the state's domestic insurers. The information comes as numerous stakeholders push for ...
COVID Shutdowns Drive Demand Surge for Allstate’s Pay-Per-Mile Insurance
The COVID-19 shutdowns that swept the U.S. have been a boon for a newer auto-insurance product: pay-per-mile coverage. During the pandemic, Allstate Corp. has seen interest surge in its Milewise ...
Global Regulators Pressured to Refine Climate Change Risk Rules for Banks
Global banking rulemakers need to undertake further analysis to clarify if lenders need to build up bigger capital buffers to cover possible environmental risks, the Swiss-based Basel Committee of ...
Chubb CEO Greenberg Reiterates a Call for Litigation Reform
Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to address what he said is a "systemic" worsening of the legal environment and its ...
Executives On The Move at Hippo, Chubb and Buckle
Hippo hired four new executives in its legal department who will help the company hit the public markets through a reverse merger transaction announced in March. Chubb appointed a rising executive ...