Personal Lines
China’s Anbang Insurance Reportedly Close to Selling Health Insurance Arm
Anbang Insurance Group Co., the acquisitive Chinese insurer that's scaling back its global empire, is nearing its first major domestic divestment since the government seized control last year, people ...
Boeing’s Flying Car Prototype Hovers Briefly in Air During Initial Test Flight
Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world's largest plane maker bids to revolutionize ...
Regulators Clear California Utility of 2017 Wildfire Liability
As PG&E Corp. barreled toward bankruptcy last week, just one analyst kept a "buy" rating on the shares, largely on valuation. On Thursday, the stock surged by the most ever, rising 75 percent to ...
White House Is Major 2019 Geopolitical Risk: I.I.I. Joint Industry Forum
As insurers track both old and new risks heading into 2019, here's one that carriers don't typically consider: The White House. David Wessel, director of The Hutchins Center on Fiscal and Monetary ...
The Latest Launches From Bunker, BHSI, AXA and USAA
Bunker is now offering a real-time proof of insurance process for on-demand workers. Berkshire Hathaway Specialty Insurance is expanding its North American Transactional Liability Insurance business ...
Travelers Seeking Higher Premiums in California After Two Years of Fire Losses
California's deadly wildfires are raising the specter of higher insurance premiums for homeowners in the state. After "two significant years in a row of losses, I think the discussion and the debate ...
InsurTech MGA Clearcover Pulls in $43M Series B; American Family Among Investors
American Family Insurance joined onto a new $43 million financing round for Clearcover, a managing general agent with an artificial intelligence-driven platform focused on car insurance. The Chicaco, ...
2018 Catastrophe Losses Faced 60 Percent Protection Gap: Aon
Economic costs of 2018's 394 natural catastrophe events came to $225 billion with insurance covering $90 billion of the overall total. The results reflect the fourth costliest year on record of ...