Personal Lines
Online Insurance Marketplace Policygenius Pulls in $100M From AXA and Others
Online insurance marketplace Policygenius raised $100 million in new financing. The company plans to use the money for hiring, to propel growth and for broader consumer financial protection products ...
Brexit Arrives, While Scotland Keeps Fighting for Independence
As jubilant Brexit supporters gather to celebrate the U.K.'s departure from the European Union, Scotland is digging in to its position as the last bastion of political resistance. First Minister ...
Insurer Group Says Proposed California Regs Could Ax Discounts for Millions
The American Property Casualty Insurance Association testified in opposition to draft regulations they say could eliminate many affinity group insurance discount programs during a pre-notice workshop ...
European Carriers May Need More Protection for Policyholders if Insolvency Happens: EU
Insurers in Europe may need to put aside money to protect their policyholders should they become insolvent, and regulators should be able to be shut them down swiftly without the need for taxpayer ...
Business Interruptions Spread Globally as Coronavirus Cases Grow
Facebook Inc. is restricting employee travel to China, while other big companies including and Nissan Motor Co. and Starbucks Corp. are taking measures to shield employees in areas hardest hit by a ...
Recent Cyber Attacks in Europe, Middle East Reportedly Connected to Turkey
Sweeping cyberattacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three ...
Insurance Jobs Increase Even as Overall Hiring Momentum Starts Slowing
There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the ...
Australian Insurers Strong Enough to Handle Recent Bushfire Losses: A.M. Best
Australian insurers are well-capitalized and should be able to withstand losses from the 2019/2020 bushfire season, aided by strong capital positions and support from reinsurance partners, said AM ...