Some Auto Insurance Pandemic Rebates Are Too Small: U.S. Consumer Groups

Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett's Geico Corp, are short-changing customers on premium rebates as Americans drive ...

The Latest Launches From Beazley and Erie Insurance

Beazley is launching a new product recall insurance policy for private enterprises in the United States. Erie Insurance is adding gift card and gift certificate reimbursement coverage to the ...

House Judiciary Committee Chair Eyes Ban on Mergers to Protect Small Firms During Pandemic

The chair of the House Judiciary Committee's antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related ...

China’s Ping An Insurance Sees Massive Profit Drop

Ping An Insurance (Group) Co of China Ltd, on Thursday reported a 42.7% drop in first-quarter profit, its biggest fall in quarterly profits in more than eight years, as the coronavirus outbreak ...

The Hanover CEO Roche on Working From Home: Adjust and Adapt

When the pandemic-related lockdowns came into force, John Roche shifted gears like legions of other workers globally and started working from home. Roche, president and CEO of Massachusetts-based The ...

Chubb CEO Greenberg: Degree of Future COVID-19 Revenue Impact Is ‘Simply Unknowable’

Chubb Chairman and CEO Evan Greenberg insists the global P/C insurer has strong fundamentals, but warned at the same time that the ongoing pandemic crisis will spur unpredictable revenue challenges ...

Auto Insurance Customers Shop for Better Deals Even With Pandemic Rate Givebacks

The legions of temporary auto insurance discounts and premium givebacks issued recently to help customers deal with pandemic financial fallout fell short in ensuring customer loyalty, J.D. Power ...

UK InsurTech Links With Maltese Insurer to Offer Bicycle Insurance

Babel Cover, a British insurtech start-up, is working with Maltese insurer Atlas and emerging technology firm Piprate to insure bicycles of competitive cyclists, triathletes and commuters of Malta. ...