Personal Lines
Swiss Re Backs Cover of U.S. Solar Power Output Risks
A tool designed as an insurance policy for solar-power generation will be used to manage the risk associated with U.S. residential systems for the first time as part of a financing agreement backing ...
Global Insurance Regulators Delay Applying ‘Too Big to Fail’ Label to Carriers
Global insurance regulators will put off singling out insurers deemed so important to the financial system that they are required to hold extra capital, in a victory for companies such as American ...
Hippo, Seller of Online Homeowners Insurance, Attracts $70M in New Financing
Hippo, a provider of super-quick homeowners insurance, said it has pulled in a new $70 million financing round designed to fuel an ongoing expansion of its customer-focused online products and ...
New Global Insurance Accounting Rule Could Be Delayed One Year
A global standards body has proposed a one-year delay to implementing its new accounting rule aimed at increasing visibility in how insurers earn money. A spokeswoman for the International Accounting ...
The Latest Launches From Root and GuideOne
Root Insurance said it will start giving its customers who prove they're not using cellphones while driving additional savings on their insurance policies. GuideOne Insurance debuted an online ...
Assurant Revamps With an Eye on Growth and Greater Technology Use
Assurant revamped its operating structure and made a new senior management appointments – changes designed to help the company grow more quickly and increase its use of technology. "As the needs of ...
WebMD, CVS, Trump Donors Among Those at Risk From Lax Web Security
Six months ago, the European Union's General Data Protection Regulation, or GDPR, took effect, threatening companies worldwide with massive fines if they didn't look after customer data properly. ...
Home Insurance Blues: Tens of Thousands of Pricy Homes Threatened by California Wildfires
Malibu resident Lance Schultz was jolted awake at 2 a.m. Friday with word that he needed to evacuate. With a roaring fire approaching the coastal community, he gathered his girlfriend, dog and ...