Personal Lines
Veteran Assurant CEO Colberg to Retire at Year-End; Demmings to Replace Him
Assurant CEO Alan Colberg plans to retire at the end of 2021, and the company has designed Keith Demmings to replace him. Demmings, currently the leader of Assurant's Global Lifestyle segment, has ...
Private Firefighters Highlight Inequities in California Wildfire Battles
Last October, firefighter Ryan Bellanca and his crew battled to keep the raging Glass Fire from devastating an upmarket Napa Valley vineyard. But Bellanca wasn't working for any fire department. He ...
Buffett’s Berkshire Hathaway Buys Big Aon Stake
Berkshire Hathaway Inc said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp and Wells Fargo & Co. The changes ...
Car Insurance Comparison Site Jerry Raises $28M
Jerry- a car insurance comparison site centered around AI and machine learning – has raised $28 million in new financing. The Palo Alto, Calif.-based startup, which operates as a licensed insurance ...
New Post-COVID Hybrid Work Arrangements May Not Be Flexible or Functional
Fourteen months after coronavirus confined the world's office-workers to their homes, companies are embarking on another great experiment — how to get their teams back together, in-person, at least ...
New Spinnaker CEO Ostergaard Embraces Synergy Hippo Ownership Brings
Hippo-owned Spinnaker Insurance Company appointed a former USAA executive as its new president and CEO. Torben Ostergaard is signing onto Spinnaker after more than a decade in various c-suite ...
Metromile Hires Capital One Vet to Guide National Digital Insurance Growth Efforts
Metromile, a digital insurance platform and pay-per-mile auto insurer, hired a Capital One marketing veteran to help shepherd national growth. Troy Dye, who was with the credit card giant for 20 ...
April Hailstorms Jolted U.S. Insurers With Multibillion-Dollar Losses: Aon
Insurers face multibillion-dollar losses from U.S. hailstorms during April, according to Aon's Global Catastrophe Recap report, which each month analyzes the impact of natural disaster events ...