Root Reports $64M Q3 Net Loss

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 Gets Regulatory Nod to Raise Stake in China’s Huatai to 83.2%

Chubb Ltd. announced it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company's ownership in Huatai ...

Lemonade Records Q3 Net Loss of $91.4M

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 ...

The Latest Launches from HUB, Coalition, RT Specialty

Lloyd’s Ian Claims More Than $2B

Could Blockchain Make Data Integration a Reality for Insurers?

When most of us hear the word "blockchain," we think about cryptocurrencies like bitcoin.

But could blockchain technology be used to ...

Executives on the Move at Chubb, Westfield, Branch

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 ...

Commercial P/C Rates Up for 20th Straight Quarter: CIAB

Third-quarter 2022 marked the 20th consecutive quarter of increased premiums for commercial property/casualty, according to the latest report from the Council of ...

Gayner to Become Markel’s Sole CEO on Jan. 1, 2023

Markel Corporation announced that Thomas S. Gayner, co-chief executive officer, will become sole CEO upon the retirement of Co-CEO Richard R. Whitt III on Jan. 1, ...

Studies Find Automatic Braking Can Cut Crashes over 40%

Two new U.S. studies show that automatic emergency braking can cut the number of rear-end automobile crashes in half and reduce pickup truck crashes by more than 40 ...