Personal Lines
Argo Group CEO Watson: InsurTechs Are Better Versions of 1990s Startups
Argo Group CEO Mark Watson compared InsurTech companies to the dot-com startups from the late 1990s, many of which crashed and burned. He argued that these newer models, however, come with a lot more ...
Calif. Mudslides Devastate Billionaire Enclave; Insurance Damage Could Be Massive
The mudslides on the California coastal town of Montecito have devastated a wealthy enclave where billionaires including Charlie Munger, Eric Schmidt and Oprah Winfrey own properties, with hundreds ...
La Nina Appears Likely for Remaining Winter
A U.S. government weather forecaster said on Thursday that La Niña conditions are likely to persist through the Northern Hemisphere winter. La Niña is characterized by unusually cold ocean ...
The Hartford, Travelers Among Companies Offering Trump Tax Law-Related Bonuses
Hartford, Conn.-based The Hartford and New York City-headquartered Travelers confirmed they are among several companies giving their employees bonuses of $1,000 each if they earn $75,000 or less ...
The Latest Launches From Liberty Mutual and QBE North America
QBE North America is part of a new alliance designed to market broader insurance policies for commercial janitorial and related building service business. Liberty Mutual Insurance unveiled two new ...
Hippo, an InsurTech Focused on the Homeowners Market, Readies an Expansion
Hippo, an InsurTech focused on providing super-quick homeowners insurance, said it is gearing up for U.S. expansion enabled by a new strategic partnership. The California-based startup said it has ...
AIG Reportedly Weighed $10B Bid for Voya Financial
American International Group Inc. may be back in the market for large-scale deals. The insurer was in talks to buy Voya Financial Inc. in a transaction valued at more than $10 billion before ...
Berkshire Hathaway Promotes Likely Buffett Successors Abel and Jain
Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its board and cementing their status as the most likely successors to Warren Buffett ...