Personal Lines
The Latest Launches From CNA and Starr Insurance Companies
CNA Hardy beefed up its cyber policy with a new pre-breach service and additional coverages. Starr Insurance Companies and SkyWatch Ltd. have expanded their drone insurance program. *** CNA Hardy, a ...
Liberty Mutual Sees Net Income Expand, Underwriting Margins Improve
Liberty Mutual Holding Company reported an increase in net income for its 2019 first quarter, thanks to improved underwriting margins and fewer catastrophe losses. The Boston-based insurer booked ...
Determining Lemonade Investors’ Likely Exit Strategy
Now that Lemonade has raised nearly $500 million in financing to date and is pursuing an international expansion, speculation has begun as to what the exit strategy will ultimately be for investors ...
Design Flaws in ‘Smart Home’ Devices Threaten Sense of Security They Bring
Researchers at North Carolina State University have identified design flaws in "smart home" Internet-of-Things devices that allow third parties to prevent devices from sharing information. The flaws ...
Brexit Could Hamper EU AI Technology Development: Official
The loss of the U.K.'s financial power and expertise as a result of Brexit is likely to exacerbate the European Union's lag in the global technological arms race, according to Anders Borg, a former ...
AIG’s Duperreault Promises a Full Year of General Insurance Underwriting Profit, Catastrophes or Not
American International Group President and CEO Brian Duperreault insists that the insurer's General Insurance unit will generate an underwriting profit through all of 2019. During the insurer's May 7 ...
Acquisition Alert: Generali Seeking Small and Medium-Sized Targets
Italy's biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the region, it said on Tuesday. Generali said in November it had up ...
At Long Last, AIG Achieves a General Insurance Unit Underwriting Profit
Insurer American International Group Inc reported first-quarter earnings that trounced Wall Street estimates on Monday, as its general insurance business posted its first underwriting profit since ...