Personal Lines
Travelers’ Longtime President/COO MacLean Will Retire in Early 2018
Brian MacLean, The Travelers Companies' longtime president and chief operating officer, plans to retire in early 2018. MacLean, a 30-year Travelers veteran, has served as president and COO since June ...
Extreme Weather Linked to Man-Made Warming: Weather Researchers
Some of last year's crazy weather -- including extreme heat around the world to unusually warm waters in the Bering Sea -- can be blamed on man-made climate change, according to a report from a group ...
American Family Beefs Up Data/Analytics Capabilities With Networked Insights Acquisition
American Family Insurance has purchased a data and analytics software company in a move it said will help accelerate its digital transformation. Financial terms were not disclosed for American ...
InsurTech Acceleration Program in Hartford Chooses Startups for Inaugural Effort
Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will ...
Cyber Attack Sponsored by Nation-State Halts Plant Operations
Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators ...
La Nina Will Likely Be Here Through Entire Winter
Looks like a potentially market-roiling La Nina will last through the new year, threatening to bring a colder, snowier winter to the northern U.S., drought to Latin America's soybean-growing regions ...
Digital Insurer Lemonade: License Not Needed by Those Who Adopt Its API Sales Platform
Digital insurer Lemonade says companies that integrate its insurance sales platform, or API, into their own apps and web sites "generally speaking do not have to be licensed as insurance agents or ...
Does the Digital Insurer Spell the End of Agents and Brokers?
Does the digital insurer spell the end of agents and brokers? Not at all, according to some speakers at the InsureTech Connect Conference in October. While the roles of agents and brokers in personal ...