Industry News
State Farm Gets FAA Clearance for Drone Takeoff
Bloomington, Ill.-based State Farm announced yesterday that it is the first insurer in the United States to receive FAA permission to test Unmanned Aircraft Systems (UAS) for commercial use. ...
JLT Re Expands Regional Practice with Robertson as SVP
JLT Re (North America) announced the appointment of Matthew Robertson as Senior Vice President and part of the regional team led by John DeMartini. DeMartini, executive vice president, JLT Re (North ...
Commercial Lines Insurance Pricing Grew Modestly in Q4: Towers Watson
A moderation of commercial lines insurance pricing that began in early 2013 continued close to two years later, Towers Watson determined in its latest survey of the sector. Specifically, prices grew ...
Guy Carpenter Rolls Out Casualty Cat Model
Guy Carpenter has launched a new data-driven casualty catastrophe model, GC ForCas, developed to help insurers better understand their exposure to casualty catastrophe losses resulting from the ...
Uber Sued Over Driver Data Breach
Uber Technologies Inc. has been hit with a proposed class action lawsuit over a recently disclosed data breach involving the personal information of about 50,000 drivers, the latest in a series of ...
Former Zurich Insurance Exec Joins Berkshire Hathaway Specialty’s Singapore Team
Berkshire Hathaway Specialty Insurance continues to build its Singapore executive team, this time with a new hire from Zurich Insurance Group. Min Ong will serve as Asia Regional Head of Energy and ...
Google Compare May Go Beyond Auto Insurance
The way Valen Analytics President and CEO Dax Craig describes it, Google's move into insurance with Google Compare for auto insurance is an "all-aboard, wake-up-and-smell-the-coffee" call to the ...
Amlin Sets Sights on Latin American Growth With New Miami Beachhead
Amlin Plc, a Lloyd's of London insurer and reinsurer, is the latest carrier to expand its focus on Latin America by way of Miami. The new Amlin office had a soft launch last October and formally ...