Industry News
Fewer Than 10% of CEOs in Britain’s Largest Companies Are Women
Even as Britain's largest companies are hiring women in executive leadership roles at the fastest pace in five years, there's a big hurdle to cross: they are still unlikely to be in influential roles ...
Climate Activists, Companies Lawyer Up for Courtroom Battles
As global temperatures and emissions climb, people are increasingly turning to courtrooms to challenge fossil fuel companies' activities, leading to wins on issues like "climate-washing" but also ...
Governments Increasingly Will Foot Bill for Climate Risks as Insurers Exit: Report
As insurers start to pull out from markets battered by the fallout of climate change, governments are increasingly at risk of having to foot the bill, according to the Bank for International ...
What to Expect: 8 InsurTech Predictions for 2024
2023 has been a tough year for InsurTechs to raise the Venture Capital they need to grow. Investors turned their backs on whole categories like full-stack carriers and direct-to-consumer startups. ...
Reinsurers’ Earnings Rise on Lower Disaster Losses, Improved Investment Results: Fitch
Lower natural catastrophe losses, better investment results and strong revenue growth in property/casualty reinsurance led to strong earnings' increases for the four main European reinsurers in the ...
Reinsurers Cautious About U.S. Regional Property Cat as Storm Losses Rise: Gallagher Re
After a costly 2023 severe convective storm season in the U.S., reinsurers underwriting in the regional property-catastrophe market are skeptical about providing frequency cover, but their overall ...
Tesla Launched Its Own Car Insurance. These Drivers Say It’s a Lemon.
In February, Mark Bova purchased a used 2018 Tesla Model S. Before leaving the dealer, he bought insurance from Tesla, finding the initial $93 monthly premium "really reasonable." Sixteen days later, ...
Details of Calif. Wildfire Plan Sketchy, but a Useful Marketing Tool for Data Vendors
A proposal by California's insurance regulator to require insurers to write more policies in areas at risk of wildfires is more a promise than a plan, but the announcement is giving data analytics ...