Industry News
Older and Younger Executives Disagree About Remote Work Arrangements
Bosses and workers rarely agree on what matters when it comes to the future of work. But there's division even within the C-suite, particularly regarding the disparate treatment remote and in-office ...
Tech Bytes: New Partnerships at Betterview, Gradient AI, Kentucky Employers’ Mutual
Betterview, an InsurTech provider of intelligence to property/casualty insurance companies, announced a new partnership with location intelligence and aerial imagery company Nearmap. This partnership ...
RLI Bullish on Southeast Property Market as Others Exit
RLI Corp. has been hiring teams of property insurance professionals as the specialty insurer embraces opportunity in the southeastern U.S. market that others are fleeing, executives said Thursday ...
Travelers Beats Profit Estimates on Record Premium Growth
Travelers Companies Inc. reported a smaller-than-expected fall in quarterly profit on Thursday, as record premium growth cushioned a hit from higher catastrophe-related claims and lower returns on ...
Allianz Notes Rising Business Interruption Costs in Global Claims Report
The number of contingent business interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state's power grid and a fire at a semi-conductor plant in Japan ...
Inside Out: How Exit Crime, Insider Threats Create Challenges for Insurers
There has been a lot of talk about how insurance companies are increasingly falling victim to outside cyber attacks, but the risk of insider threats can be just as scary and perhaps a little more ...
Hippo Intends Reverse Stock Split After NYSE Non-Compliance Notice
Hippo Holdings Inc. announced that it intends to file a proxy statement with the Securities and Exchange Commission that includes a proposal for a reverse stock split. This move comes in connection ...
Calif. Court Breaks String of COVID Biz Interruption Case Wins For Insurers
A California appellate court broke from its sister jurisdictions—as well as state and federal courts across the nation—and ruled that a hotel owner's lawsuit seeking coverage for a COVID-19 ...