Personal Lines
Most Execs Pursue Work-Life Balance After Suffering From the ‘Pandemic Blues’
Nearly eight out of 10 corporate executives have experienced poor mental health during the coronavirus crisis, prompting a number of them to re-evaluate and improve work-life balance, a survey showed ...
A.M. Best said Spinnaker Will Benefit From Hippo’s Acquisition
Hippo's acquisition of Spinnaker Insurance drew favorable attention from A.M. Best. The ratings agency removed Spinnaker from under review with developing implications and affirmed both it's A- ...
NAMIC Names Merchants Mutual CEO Zak as New Chairman
The National Association of Mutual Insurance Companies named Robert Zak, president and CEO of Merchants Mutual Insurance Company, as its new chairman. NAMIC announced the news on Sept. 23 during its ...
Hippo and Topa Insurance End Their 3-Year Partnership
Property/casualty insurer Topa Insurance Co. and Hippo Enterprises, an InsurTech MGA offering homeowners insurance, announced their mutual decision to end their three-year partnership. The move comes ...
Insurers May Slash Allocations for Hedge Fund Investments After Dismal Pandemic Performance
Having complained for years about hedge funds' high fees and lackluster performance, insurance firms may be preparing to cut allocations to the sector after its poor performance during recent market ...
The Latest Launches From West Point Insurance Services, Axon and AAIS
West Point Insurance Services debuted a testing and automation service designed for smaller insurance carriers, managing general agents and program administrators. Axon Underwriting Services added ...
P/C Mutual Insurers Improved Results in 2019 Despite Heavy Competition
Despite a highly competitive property/casualty insurance industry and pressures on operating performance, U.S. mutual insurance companies reported continued improvement in underwriting performance in ...
EasySend Raises $16M for ‘No Code’ Digitization Platform
InsurTech EasySend has raised $16 million, and the startup will use the money to fuel a global expansion of its AI-based platform designed to help insurers and others digitize their processes without ...