Industry News
How Insurers Can Harness the Power of AI
There is a lot of talk about the insurance industry being slower to adopt new technologies such as artificial intelligence, but Counterpart CEO Tanner Hackett and Socotra ...
Catastrophe Losses Hinder Chubb Q1 Net Income
First-quarter net income at Chubb Ltd. fell several percentage points to about $1.9 billion as catastrophe losses evened gains in premiums written.
Online insurance marketplace Policygenius is being acquired by Zinnia, a life and annuity insurance technology and digital services company. Munich Re Specialty Insurance (MRSI) appointed Sabrina Hart as president and chief executive officer, effective May 1. Hart has served as ... Altria Group Inc. didn't benefit from its $12.8 billion investment in Juul Labs Inc., the tobacco giant's lawyers told a jury in a trial over whether it helped the ... W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers market "down the drain."
Roof Damage Research: Small Hail Matters
New analysis by the Insurance Institute for Business & Home Safety (IBHS) and ZestyAI, a climate and property risk analytics provider, finds property/casualty insurance carriers need to broaden ...
Poll Finds Extreme Weather an Almost Universal Experience in the U.S.
An overwhelming majority of people in the United States say they have recently experienced an extreme weather event, a new poll shows, and most of them attribute that to climate change. The findings ...
Policygenius to Be Acquired by Zinnia
Montana Pollution Lawsuit Could Limit Aerial Fire Retardant Use
A legal dispute in Montana could drastically curb the government's use of aerial fire retardant to combat wildfires after environmentalists raised concerns about waterways that are being polluted ...
Munich Re Specialty Appoints New CEO; Executive Moves at Chubb, Ascot
Altria Tells Jury It Didn’t Benefit From Juul’s Marketing to Young Users
W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’