Personal Lines
AIG President Zaffino: COVID-19 Creating ‘Flight to Quality’
AIG President and Chief Operating Officer Peter Zaffino said that the insurer has seen accelerated rate improvements and other gains as clients react to the ongoing COVID-19 pandemic. "We believe ...
Buckle Raises $31M; Seller of Digital Rideshare Insurance Is Going National
Buckle disclosed it has raised $31 million in new venture financing, and the digital seller of rideshare insurance will use the money to expand operations nationally. HSCM Bermuda and Eos Venture ...
Acuity CEO, Others Explain How Pandemic May Forever Alter ‘Work-Life Balance’
When it comes to helping employees balance work hours with relaxation, Acuity Insurance Chief Executive Officer Ben Salzmann has a unique tool at his disposal: a 65-foot Ferris wheel. Before the ...
How to Compute Car Insurance Discounts for Automated Safety: Enter Swiss Re
A car owner should be able to pay lower insurance premiums for driving a car with safety features, such as automated braking that stops the car when the driver is distracted or lane keep assist ...
The Hartford Produces Q2 Profit; Announces Job Cut, IT Investment Plans
The Hartford survived second quarter COVID-19 related challenges by producing an overall profit, though the property/casualty insurer announced plans to reduce expenses through job cuts and other ...
Cyber Attacks and Identity Fraud Continue to Rise: Munich Re’s HSB
Consumer-focused identity theft, cyber attacks and online fraud are continuing to rise or remain at robust levels, a new national survey by Munich Re's HSB has found. Nearly 16 percent of individuals ...
CoreLogic Bidders Seek Shareholder Backing to Replace 9 Directors
The investors seeking to take over CoreLogic Inc. plan to solicit support from fellow shareholders to replace nine directors, after the company rejected their $7 billion proposal to take it private. ...
Generali Continues Search for M&A Bargains as Profits Drop
Insurer Generali expects lower profits this year after COVID-19 hit first-half results, but will still keep an eye open for M&A opportunities that might arise from the crisis, it said on ...