Industry News
RIMS Sends Letter to FIO in Support of Cyber Insurance Backstop
RIMS said it issued a comment letter to the Federal Insurance Office in response to legislative dialogue regarding a federal backstop for large-scale catastrophic cyber ...
Report: 90% of US Counties Hit with Disaster in Last Decade
Ninety percent of the counties in the United States suffered a weather disaster between 2011 and 2021, according to a report published last Wednesday.
Root Inc. reported a third-quarter net loss of $64 million, down from a net loss of $133 million during the same quarter last year. Year-to-date losses sit at $230 ... Chubb Ltd. announced it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company's ownership in Huatai ... InsurTech Lemonade booked a third-quarter net loss of $91.4 million compared with a net loss of $66.4 million during the same quarter last year, but in a letter to ... When most of us hear the word "blockchain," we think about cryptocurrencies like bitcoin. But could blockchain technology be used to ... Chubb Limited has appointed Darryl Page as vice president, Chubb Group and chief culture officer, succeeding Ivy Kusinga. In this role, he will oversee Chubb's culture ...
Root Reports $64M Q3 Net Loss
Chubb Gets Regulatory Nod to Raise Stake in China’s Huatai to 83.2%
Lemonade Records Q3 Net Loss of $91.4M
The Latest Launches from HUB, Coalition, RT Specialty
Hub International Limited, a global insurance brokerage and financial services firm, launched its Professional & Executive Risk Specialty Practice. The new practice brings together more than 100 ...
Lloyd’s Ian Claims More Than $2B
On Friday, Lloyd's announced that claims to the Lloyd's market arising from Hurricane Ian are estimated to be in the range of $2.3 billion to $3 billion. The estimate is based on third-quarter data ...
Could Blockchain Make Data Integration a Reality for Insurers?
Executives on the Move at Chubb, Westfield, Branch