Specialty
U.S. Insurance Results Will Largely be Shaped by Hail, Pummeled Cars
A hailstorm that pounded down on a Subaru dealership in Plano, Texas, barely lasted 30 minutes, but left behind a trail of smashed windows, dented hoods and millions of dollars' worth of claims for ...
Executives On The Move at GEICO, Great American, Ironshore and Markel
Great American Insurance Group hired three new executives for its Singapore branch. GEICO promoted two executives in its general council and claims divisions. Markel International named a new ...
Q2 InsurTech Funding Hovers Close to $1B as Demand Grows Unabated
InsurTech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from ...
U.K. Reportedly Exploring Switch to Softer, Longer Brexit Process
Theresa May's U.K. government is drawing up plans to extend the timetable for negotiating and completing the Brexit process, which could see a long transition period lasting until 2022, according to ...
Markel Tells Super Regional Insurers: ‘Specialize and Diversify’
Insurance is a very simple business. "You take in some money, you spend some money and you lose some money, and God willing, you have some left at the end of the day," according to Anthony (Tony) ...
Allianz Renews Advertising Sponsorship in FIA Formula E Racing Championship
Allianz SE, a big player in motor insurance, extended its sponsorship as an Official Partner of the FIA Formula E Championship for another five seasons. ra With its worldwide presence, constantly ...
Historic Drought Devastates South Europe Crops
Italian durum wheat and dairy farmer Attilio Tocchi saw warning signs during the winter of the dramatic drought to come at his holding a mile away from the Tuscan coast. "When it still hadn't rained ...
Judge Dismisses $18B UK Mastercard Class Action Suit
A London judge rejected an application by a group representing 46 million consumers to pursue a lawsuit against Mastercard Inc. that would have been the largest of its kind since U.S.-style class ...