Personal Lines
FEMA Postpones Switch to New Risk-Based Flood Insurance Rating Until 2021
The federal government is delaying implementation of a major change to its pricing formula for federal flood insurance that bases rates on a more accurate assessment of the real flood threat for each ...
Typhoon Hagibis Could Be One of 2019’s Costliest Catastrophe Events: Aon
Typhoon Hagibis is likely to become one of 2019's costliest events, with economic costs of more than $10 billion and insured losses minimally in the billions, according to Aon's monthly catastrophe ...
Lemonade, Root and Metromile: Can David Challenge Goliath With No Sling?
Continuing a series in which we evaluate and discuss the financial performance and operating results of the InsurTech carrier trio of Lemonade, Root and Metromile, we find continued growth and ...
Digital Auto Insurer Root Jumps Into Rental Insurance Market
Root Insurance, an InsurTech startup known for selling auto insurance, is expanding into the renters market. The Ohio-based InsurTech is launching a renters insurance product it bills as "affordable" ...
Former AIG Executive Wins Legal Bid for $9 Million Crisis-Era Bonus
A former American International Group Inc. senior trader won his bid for 8.3 million euros ($9.2 million) in bonuses in a dispute at France's highest court that dates back to the financial crisis a ...
Encourage Your Team to Tackle the Hard Tasks First
Picture a busy staff with a heavy workload. To get through it, they tackle easy tasks first before jumping onto the hard stuff. In terms of efficiency and productivity, that's the wrong way to go, ...
GEICO Looking to Hire Hundreds of Associates for Kansas City Office
GEICO said it is looking to add about 400 new associates to its one-year-old Kansas City office over the next 12 months. The insurer is accepting applications for sales and customer service reps, ...
For Lemonade, Pink in Germany Is (at Least Temporarily) Verboten
Just months after expanding into Germany, the InsurTech Lemonade is in a tussle there over rights to use the color pink. Lemonade, which sells home and renters insurance electronically and relies on ...