Industry News
Belgian Insurer Ageas Draws Renewed Acquisition Interest From Investor Group
BE Group, an investor group fronted by former financial services dealmakers, is exploring the feasibility of a fresh pursuit of Belgian insurer Ageas after a previous attempt was rebuffed, people ...
P/C Insurance Digital Claims Management Stalling: J.D. Power
The property/casualty insurance industry is falling behind financial services and utilities providers when it comes to the digital customer experience, according to the J.D. Power 2021 U.S. Claims ...
Risk Alerts: Dangers on the Roadway
The new infrastructure bill will allow teens to make interstate trips. A software update over the summer gave many Tesla drivers the ability to play video games while the vehicle is in motion.
InsurTech Buckle Inks MGA Agreement With Amwins Specialty Auto
Buckle, an InsurTech with a full-stack insurance-as-a-service platform for the gig economy, has inked a managing general agency (MGA) agreement with Amwins Specialty Auto, a non-standard auto ...
Facebook Faces $150M Class-Action Lawsuit From Rohingya Refugees Over Myanmar Violence
Rohingya refugees from Myanmar are suing Meta Platforms Inc, formerly known as Facebook, for $150 billion over allegations that the social media company did not take action against anti-Rohingya hate ...
As Ransomware Attacks Rise, U.S. Bank Regulator Urges Vigilance
A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying it is seeing an uptick in ransomware attacks, it said in a report ...
Fitch Predicts Double-Digit Rate Increase for Property Cat Reinsurance in 2022
Fitch Ratings predicts reinsurance rates will increase by more than 10 percent in catastrophe-related lines of business for January 2022 renewals, which supports the improving sector outlook for ...
Diversity a Big Part of Post-Pandemic Hiring: III Joint Industry Forum
Victor Terry has a simple tip for insurers hiring new, younger employees: They don't have any particular desire to fit in. "Gen X, which I am a part of, [has] learned how to figure out how to ...
U.S. SEC Investigating Tesla Over Whistleblower Claims on Solar Panel Defects
The U.S. securities regulator has opened an investigation into Tesla Inc over a whistleblower complaint that the company failed to properly notify its shareholders and the public of fire risks ...