Personal Lines
Nationwide, State Auto, Liberty Mutual Contribute to Snapsheet’s New $29M Financing
Snapsheet, a virtual claims technology provider, raised $29 million in new funding, and the growing InsurTech plans to invest its cash infusion into furthering a global expansion. New investors ...
The Hartford Completes Its $2.1B Acquisition of Navigators on May 23
The Hartford said it has received all regulatory approvals needed to complete its acquisition of specialty insurer Navigators Group on May 23. "This acquisition is a significant milestone for our ...
Wild U.S. Weather Switcheroo Could Further Soak Midwest, Dry Out South
Different parts of the U.S. are set to see wildly disparate weather conditions next week, potentially rattling energy and agricultural markets. A potentially record-setting heat wave will probably ...
Real Estate Data/Analytics Outfit Attracts $12M in Financing, Targets Insurers for Expansion
A company that gathers data and analytics for real estate customers has raised $12 million in new financing, with plans to grow its business further among financial firms and insurance companies. ...
Generali Sees Large Profit Increase, but Regulatory Changes Hit Capital Reserves
Generali, Italy's biggest insurer, reported a larger-than-expected 28 percent rise in first-quarter net profit helped by asset sales, though capital ratios fell due to regulatory changes. Generali's ...
RMS Unleashes Open Data Modeling Standard With No License or Fee Required
Catastrophe modeler RMS said it is debuting an open data standard that doesn't require a license, fees or permissions for usage. Known as the Risk Data Object, or RDO, the data structure is designed ...
Chubb Boosts Efforts to Slash Greenhouse Gas Emissions
Chubb is accelerating plans to go green within its own operations in a big way. The property/casualty insurance giant said it has a new companywide goal to slash its global greenhouse gas emissions ...
Munich Re, Telematics Company The Floow Will Partner Globally
Munich Re disclosed it will partner globally with telematics provider The Floow. The deal will help strengthen Munich Re's telematics consulting offering but also allow The Floow's products and ...