Personal Lines
Canada P/C Giant Desjardins Seeks Acquisitions
Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the dominance of Canada's big financial services firms, Chief ...
The Hartford CEO Swift Open to Larger Acquisitions That ‘Accelerate’ Existing Growth Plans
The Hartford Chairman and CEO Christopher Swift said he remains interested in potential acquisitions – even large ones – less than a year after completing a noteworthy M&A deal in mid-2016. ...
The Hartford Performs Well in Q1, Despite Higher Personal Auto Losses
The Hartford scored with its 2017 first quarter net income, despite higher weather, fire and personal auto loss costs. Investment income and lower net realized capital losses helped shape the better ...
Insurance Startup Root Hires Ex-State Auto Exec Powell as Its CFO
Insurance startup Root is tapping a former State Auto executive Cindy Powell as its chief financial officer. Powell had been at State Auto Insurance Companies for 26 years, and served as its first ...
Senate Bill Would Extend Flood Insurance Program for a Decade, With Changes
U.S. Senators Bill Cassidy (R-La.) and Kristen Gillibrand (D-N.Y.) have released draft legislation to reauthorize the National Flood Insurance Program (NFIP) for 10 years. The NFIP is currently set ...
InsurTech Hippo Debuts With Promise of Bound Homeowners Policy in 3 Minutes
An InsurTech company launched in California today with the promise of providing online homeowners insurance quotes in 60 seconds in what the Mountain View, Calif.-based company is calling "the most ...
Hackers Seek Increasingly Pricy Ransoms to Free up Tainted Computers
Hackers are demanding increasingly hefty ransoms to free computers paralyzed with viruses, as cyber criminals seek to maximize profits from large numbers of victims willing to pay up, according to ...
Israeli Cybersecurity Company Sees Autos as Significant Growth Market
The Israeli cybersecurity company that pioneered corporate firewalls is making deeper inroads with the auto industry. Check Point Software Technologies Ltd., the world's second-biggest provider of ...