Specialty
Extreme Weather Makes Weather Trackers Valuable to Insurers, Banks, Commodity Traders
Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts. The senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an ...
Two Arch Capital Subsidiaries Finalize Post-Brexit Plans
Some subsidiaries of Arch Capital Group have finalized some changes to the European operations as part of the company's broader Brexit plans. Arch Insurance EU (formerly Arch Mortgage Insurance), won ...
Germany’s Merkel Dives Into Brexit Process to Help Shield EU From UK Turmoil
Angela Merkel will this week stage her most significant intervention in the Brexit process in more than two years, as the European Union moves to shield itself from the fallout of political chaos in ...
Crop Insurance Planting Deadlines Stressed by Massive U.S. Farmland Flooding: Reuters
At least 1 million acres (405,000 hectares) of U.S. farmland were flooded after the "bomb cyclone" storm left wide swaths of nine major grain producing states under water this month, satellite data ...
InsurTech Startup Sees Room for Chatbots for Workers Comp Claims
For years, automobile insurers have used automatic dialogue devices, called chatbots, to field calls from policyholders when they report claims. Last year, personal insurance startup Lemonade took ...
InsurTech Will Revolutionize Inland Marine by Cutting Costs for Customers, Carriers
InsurTech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place small or one-off inland marine risks at the best ...
The Latest Launches From Chubb and Nationwide
Chubb has enhanced its global digital platform with an eye on better serving its multinational clients and brokers. Nationwide's digital insurance platform designed for small business clients has ...
Shareholder Accuses Argo Group of Illegally Appointing Two Board Members
An Argo Group shareholder accusing the company and CEO Mark Watson III of extravagant spending practices now claims that the carrier illegally appointed two board members. Argo disagreed, continuing ...