Personal Lines
Can InsurTechs Compete With Carriers and Agencies on Main Street?
As an industry, insurance has always been a technology pioneer of sorts—so it comes as no surprise that in these halcyon days of digital commerce, more than 700 new insurance technology vendors, ...
Ex-AIG Execs Kick Off New High-Net-Worth Insurer Vault in Fla.
It was a no-brainer for former thought-leaders from AIG to set up shop for their new high-net-worth insurer in the Sunshine State, known for beautiful beaches, a growing economy and lots of wealthy ...
Executives On The Move at Chubb, Sompo International and Tokio Marine HCC
Chubb made two executive appointments in its North America Insurance Operations. Sompo International, a Bermuda-based property/casualty specialty insurer and reinsurer, appointed two insurance ...
Chubb CEO Greenberg Sounds Off on NAFTA, China and ‘America First’
Chubb Chairman and CEO Evan Greenberg voiced dissatisfaction about the "America First" political direction of the United States and how it is causing damage to world trade and politics. "I am ...
WorkFusion Raises $50M; Process Automation Software Can Modernize Insurance Claims
Process automation software company WorkFusion raised a $50 million financing to help expand its global operations. WorkFusion's technology automates high-volume processes by combining artificial ...
March U.S. Storms Produced $3B in Economic Losses, Plenty of Business Interruption Problems
The U.S. dealt with $3 billion in economic losses during March, thanks to a number of winter storms that caused multistate damage, travel delays and business interruption problems, according to Aon ...
FEMA Shifts More Risk to Private Markets With First NFIP Catastrophe Bond
In another step shifting risk to private markets, the Federal Emergency Management Agency (FEMA) said it intends to secure additional reinsurance for the National Flood Insurance Program (NFIP) ...
14 Named Storms Predicted for ‘Above Average’ 2018 Atlantic Hurricane Season
After the costliest Atlantic hurricane season in history last year, early forecasts indicate 2018 will be above average. Look for 14 named storms, and there's a greater than normal chance of a major ...