Personal Lines
Experts Say Insurers Focusing on Diversity, Inclusion Have No Time to Waste
Diversity and inclusion initiatives are vital for insurers that want to close the talent gap and tackle any branding issues the industry faces, and there is no time to waste. That's according to ...
Zurich, Farmers Complete Acquisition of MetLife’s U.S. P/C Business
Zurich Insurance Group and Farmers Insurance have completed their nearly $4 billion acquisition of MetLife's U.S. property/casualty business. Zurich, which made the purchase through subsidiary ...
Indian Online Insurance Platform Policybazaar Plans Mumbai IPO
Indian online insurance platform Policybazaar is planning to file a draft prospectus as soon as next month for its Mumbai initial public offering that could raise about $500 million, according to ...
Connected Car Tech Creating Anxiety Over Cyber Attack Risks: Munich Re
Consumers are increasingly worried about cyber attack vulnerabilities with connected and automated vehicles, according to a new Munich Re/HSB survey. Approximately 37 percent of consumers responding ...
PwC Will Establish Hybrid Post-COVID Work Schedule for UK Staff
PricewaterhouseCoopers will give UK staff Friday afternoons off this summer and allow them to choose the amount of time they spend working from home as part of a post-pandemic shakeup of working ...
Feds Could Step in to Fix Racial Bias in Insurance Pricing
If the National Association of Insurance Commissioners doesn't act this year to correct systemic racial bias in insurance ratemaking and other processes, Congress may pass anti-discrimination laws ...
Carrier M&A Activity Could Reach Record Levels in 2021: S&P
Carrier mergers and acquisitions could reach historic levels in 2021 based on early indications from a robust first quarter, according to a new Standard & Poor's report. U.S. and Bermuda-based ...
P/C InsurTech Venture Capital Surpasses $1B in Q1; Several Startups Raise Large Rounds
Property/casualty related InsurTech financings in the 2021 first quarter came together at a healthy clip, as startups focused on addressing needs in an insurance industry facing accelerated ...