Personal Lines
Hurricane Delta Could Cost Insurers $1.25 Billion: KCC
Hurricane Delta could end up costing insurers close to $1.25 billion, according to a new report from catastrophe risk modeling firm Karen Clark & Company. The loss estimate includes $950 million ...
Financial System Risks Initially Contained, but IMF Warns Vulnerabilities Are Rising
Policymakers' unprecedented response to the global health crisis has contained risks to the financial system, but a prolonged recession or policy missteps could ignite growing vulnerabilities ...
Executives On The Move at Munich Re, BHSI and Willis Towers Watson
Munich Re Specialty Insurance has a new Chief Underwriting Officer. Berkshire Hathaway Specialty Insurance named an underwriting executive in Ireland. Willis Towers Watson hired a director for ...
Widespread Working From Home Won’t Go Away: Viewpoint
The Covid-19 pandemic has crushed the economy, sent joblessness soaring, and killed over a million people worldwide. But there are a few ways in which the pandemic may prompt society to improve, and ...
Swiss Re, Auto Maker Daimler Launch MGA Focused on Auto and Mobility Insurance
Swiss Re and Daimler Insurance Services are jointly launching a managing general agent focused on automotive and mobility insurance. Dubbed Movinx, the aim of the 50/50 joint venture is to develop ...
InsurTech Views of COVID Claims Trends in Auto and HO
With business models centered around pay-per-mile insurance and digital distribution of modern homeowners insurance, InsurTech leaders from Metromile and Hippo recently provided their assessments of ...
A Look at What InsurTech Investors Should Embrace and Leave Behind
Which technology should InsurTech investors move away from, and what should they embrace instead? These are typical questions investors in the space (and others) must ask themselves over time, in ...
Progressive Blends Home Insurance Quoting Into Mortgage Lending Program
Progressive Insurance is now serving home buyers in the digital mortgage process by using information they've already entered for their loans to deliver homeowners' insurance quotes with a single ...