Personal Lines
Near-Normal Tropical Storm Activity Predicted Through Sept. 1
Researchers from Colorado State University see near-normal tropical storm activity in the Atlantic Ocean, Caribbean and Gulf of Mexico through Sept. 1, according to a forecast update issued on ...
‘Have Your Computer Talk to My Computer’: Caribou Honig Dissects Embedded Insurance Trends
Embedded insurance is becoming increasingly ubiquitous. But it is important to remember the concept isn't exactly new, nor is it likely to be fleeting, according to an industry expert. "It's ...
Haiti Earthquake Caused $250M in Insured Losses
The large 7.2 magnitude earthquake, which hit Haiti on Aug. 14, is likely to cost insurers around $250 million, according to catastrophe modeling firm Karen Clark & Co. While the insured losses ...
DigiSure Raises $13M, Rolls Out Platform for Individualized Microinsurance Policies
InsurTech startup DigiSure raised $13 million in fresh financing and is now rolling out a digital platform designed to offer individualized microinsurance policies for mobility and shared economy ...
COVID-19 Helping to Push Millennials Out of Housing Market: Legal & General Study
Home insurers should take note: the COVID-19 pandemic has apparently helped to dampen home ownership plans for U.S. millennials, according to a new Legal & General Study looking at the market ...
Ohio Mutual Insurance Group and SimpliSafe to Partner on Risk Mitigation Initiative
Regional insurer Ohio Mutual Insurance Group is partnering with home security systems maker SimpliSafe to offer preventative smart home protection against major insurance perils to homeowners in ...
Kin Insurance Upgrades Reinsurance Program to Beef Up Disaster Protection Capacity
Kin Insurance said it has upgraded its reinsurance program to enhance its disaster protection and beef up its ability to serve catastrophe prone regions, particularly in light of worsening climate ...
Switzerland Lays Out Climate Risk Disclosure Timeline, Joining an Elite Group
The Swiss government on Wednesday joined a small number of rich countries that have set a timeline for major companies to disclose the risks they face from climate change. Global powers have been ...