Personal Lines
North American Commercial Insurance 2020 Rate Hikes Likely; Overall Market Hardening Unlikely
Rate increases are likely for North American commercial insurance buyers in 2020, but the trend won't likely lead to an overall hardening market, according to reports from Willis Towers Watson and ...
Insurance Premiums Will Grow 3 Percent Despite Economic Slowdown: Swiss Re
Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report. Rising loss costs will fuel ...
Executives On The Move at Chubb and AmTrust
Chubb promoted an executive to be division president for Chubb Global Markets. AmTrust Financial Services hired a new head of Litigation. *** Chubb appointed Jason Keen as division president, Chubb ...
Nationwide’s Latest Digital Platform Designed to Quicken Agent Quote Process
Nationwide has rolled out yet another digital platform, one designed to help agents quote policies for auto, homeowners and renters insurance in as little as two minutes. The platform, named ...
Some Argue Blockchain Enthusiasm Is Fading Quickly
For a technology that was supposed to transform and solve seemingly every problem in the world, the enthusiasm is fading pretty quickly. Blockchain, the underlying technology that powers ...
California Utility Offers $13.5B in Compensation for Wildfire Victims; Shares Surge
Bankrupt utility giant PG&E Corp. is trying to offer $13.5 billion in compensation to the victims of wildfires sparked by its power lines as part of a restructuring plan, according to people with ...
Neptune Flood’s Albert: InsurTech Enables Cheaper and More Efficient Flood Coverage
While few carriers are in the flood insurance market, Neptune Flood Insurance sees opportunity. Most of the market is covered by the National Flood Insurance Program, but founder and CEO Jim Albert ...
Insurance Distribution Platform Cover Genius Plans Expansion With $10M Financing
Cover Genius, an InsurTech centered around an insurance distribution platform, has raised $10 million in new financing designed to fuel hiring and further global growth. King River Capital, a Sydney ...