Industry News
Kemper Eyes Rate Hikes, Agency Cancellations After Q4 Fall
Kemper Corp. said it is taking rating and other actions, including canceling some agents, as it seeks to recover from inflation-riddled fourth-quarter financial results. Kemper Corp. reported a net ...
How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers
Self-driving vehicle companies from Tesla Inc. to General Motors Co.'s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of ...
Hunter to Retire as CFA Director of Insurance
The man who served as the conscience of the property/casualty insurance industry for nearly three decades is retiring from a long-held post as director of insurance for the Consumer Federation of ...
Chubb Net Income Drops in Q4, More Than Doubles for Year
Chubb reported fourth-quarter 2021 net income of $2.1 billion, a decrease of 11.5 percent compared to the same period the prior year. Nevertheless, the insurer had what CEO Evan G. Greenberg called ...
Selective Challenges College Students to Run a Virtual Insurance Agency
Selective Insurance is kicking off Insurance Careers Month with its third annual College Competition, which connects employees and independent insurance agencies to teams of students from around the ...
Tech Bytes: New Partnerships at Send, HawkSoft, Betterview
InsurTech Send Technology Solutions Ltd, based in the UK, announced its first U.S. partnership with Bowhead Specialty Underwriters Inc., a provider of specialty liability coverages. The deal sees ...
Climate Change Litigation: Why Better Disclosure Is Vital as Cases Rise
Climate change is one of the greatest challenges we currently face. As the situation escalates, nations and corporations are increasingly being held accountable for their actions (or lack thereof) to ...
Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh
Global commercial insurance prices increased 13 percent in the fourth quarter of 2021, a decline from the 15 percent increases seen in both the second and third quarters, according to Marsh's latest ...