Industry News
AIG Life and Retirement Biz Files for IPO; Rebranding as Corebridge
The holding company of U.S. insurer American International Group Inc's AIG life and retirement business, SAFG Retirement Services Inc, filed for an initial public offering in the United States on ...
Tech Bytes: New Partnerships at Cowbell Cyber, Nationwide, CAPE Analytics
Cowbell Cyber, an artificial intelligence-powered cyber insurance provider for small to medium enterprises (SMEs), last month announced its partnership with Trend Micro as it works to improve access ...
Executives on the Move at AGCS, Alliant, NAU Country Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz Group, has appointed Phil Curtis as global head of Human Resources effective April 1. He succeeds Dr. ...
New Homeowners Repair Finance Platform, Captain, Raises $104M
Emerging from stealth mode last Thursday, Captain, a fintech platform that helps homeowners rebuild after natural disasters, announced that it raised $104 million. The total financing consisted of ...
Consumer Group Demands Probe After NY Times Reports on Alleged Bias at State Farm
A national consumer rights group on Thursday called on state insurance commissioners to investigate racial bias in claims handling after the New York Times reported on discrimination lawsuits filed ...
Generali Fires CEO’s Internal Rival in Power Struggle
Generali has fired executive Luciano Cirina, who is challenging incumbent Philippe Donnet for the role of chief executive, with immediate effect for alleged breach of contract, Italy's largest ...
London Insurance Brokers Probed for Bribery and Corruption by UK Serious Fraud Office
A handful of London insurance firms are being investigated for bribery and corruption by the UK's Serious Fraud Office, according to people familiar with the probe. The fraud cops are examining the ...
Court Denies Insurer Use of Multiple Exclusions to Dodge Defending Insured
Everest Indemnity Insurance Co. is on the hook to defend an insured alleged to have improperly installed a fire suppression system under its errors and omissions policy because its various exclusions ...