Personal Lines
In 2019, Cyber Threats Are Increasingly Targeted and Evolving Quickly
Cyber threats continue to evolve rapidly in 2019, and that means the battle to stop and protect against them needs to adapt just as quickly, according to Matt Cullina, CyberScout's Managing Director ...
Executives On The Move at Sompo International and Liberty Mutual
Sompo International Holdings Ltd. promoted two executives. Liberty Mutual named a financial industry executive to its board of directors. *** Sompo International Holdings Ltd. named Thomas Brazil ...
After several years in which much of P&C was focused on restoring rate adequacy and profitability, the market is finally...
Travelers Reports Improved Underwriting, Lower Catastrophe Losses
Insurer Travelers Companies Inc.'s quarterly profit beat analysts' estimates on Thursday, as improved underwriting and lower catastrophe losses offset a decline in net investment income. New ...
Distracted Driving Proliferates Well Beyond Cellphone Use: Survey
Carriers may be concerned about drivers using their cellphones or succumbing to other distractions while behind the wheel, but the behavior remains entrenched in daily life. Sometimes, it is even ...
Palomar Specialty’s IPO Rockets Above $15 Per Share Price Launch
Palomar Specialty launched an initial public offering on April 17, with the California-based specialty catastrophe insurer starting to sell on the Nasdaq Global Select Market at $15 per share. Shares ...
State Auto, Google Help Back AI Startup Flyreel’s New Financing Round
Flyreel, an artificial intelligence InsurTech startup focused on property insurance, recently raised $3.85 million in new financing from State Auto and several other investors. Gradient Ventures, ...
California Gov. Newsom Proposes Fund to Cover Wildlife Liabilities
California Governor Gavin Newsom on Friday proposed a new fund to pay for wildfire liabilities and said he would hold the state's largest utility more accountable for insuring safety against the ...
Allstate, Starr Companies Join $18M Financing for Amenity Analytics
Hank Greenberg's Starr Companies and Allstate contributed to a new $18 million financing round for Amenity Analytics, a startup developing cloud-based analytics designed to help businesses analyze ...