Personal Lines
Latest Launches From Verisk, CSAA, American Modern
Verisk is offering a new usage-based program for auto insurers. CSAA Insurance Group has started a new network that highlights environmental sustainability. American Modern has launched an augmented ...
Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses
If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured through the National Flood Insurance Program, the NFIP rates would need to ...
AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round
A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to use the money, in part to propel its North American expansion, ...
Shareholders Push Companies to Tackle Climate Change Shortfalls
In the past, shareholder votes on the environment were rare and easily brushed aside. Things could look different in the annual meeting season starting next month, when companies are set to face the ...
Generali Unveils $4.3B Plan to Support COVID-Hit Euro Economies
Italy's top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19. The plan, ...
The Latest Launches From Chubb, Hippo and HSB
Chubb has launched a new cyber insurance brand. Hippo is partnering with ADT to offer access to smart home services. HSB has introduced new workplace violence coverage for small and midsize ...
Insurance Industry Adds Nearly 20K Jobs During Pandemic
Levels of employment for the insurance industry are "holding up much stronger than the overall economy," the leader of an insurance search firm said recently, reporting that insurers have added ...
Polluted Skies Over Texas: Emissions Soar as Freeze Shuts Refineries
The largest U.S. oil refiners released tons of air pollutants into the skies over Texas this past week, according to figures provided to the state, as refineries and petrochemical plants in the ...