Industry News
General Motors Debuts Usage-Based Auto Insurance Supported by OnStar Vehicle Data
General Motors Co on Wednesday launched an auto insurance program with the help of its OnStar subsidiary, joining a growing field of companies hoping to cash in on the vast amounts of data generated ...
Introducing Skyward Specialty (Formerly Known as HIIG)
Houston International Insurance Group's new CEO Andrew Robinson has taking a big step: Changing the company's name. Going forward, HIIG is now Skyward Specialty Insurance Group, or Skyward Specialty ...
Businesses Rank Cybersecurity as Top Worry in Risky Age: Marsh & McLennan CEO
Cybersecurity has emerged as the most pressing exposure for business confronting a new "age of risk," topping the coronavirus pandemic and climate change, in part because cybercrime is so pervasive, ...
Buffett’s Berkshire Hathaway Bets on Big Pharma
Warren Buffett's Berkshire Hathaway Inc said on Monday it has begun investing in the stocks of four large drugmakers, betting on an industry that could benefit when the world begins emerging from the ...
Zywave Snatches Up Advisen in Move to Accelerate Global Growth
Insurance technology company Zywave snatched up Advisen, a global insurance data provider, in a deal expected to fuel more rapid international growth. The acquisition includes WCL, a UK-based Advisen ...
U.S. Insurers Made Slow Diversity Gains Over Last Decade: S&P Global
Diversity in the U.S. insurance industry has made only modest gains over the last 10 years, according to government data compiled by S&P Global Market Intelligence. S&P found that the ...
III CEO Kevelighan: The Institutes Affilliation Brings Group Into 21st Century
Affiliating with The Institutes provides an opportunity for the industry's Insurance Information Institute (III) to become more of a 21st Century trade association, rather than one suited for the ...
AXA Fights Order to Pay Millions of Euros in Back Taxes: Report
AXA SA was ordered to pay tens of millions of euros in back taxes last year after French fiscal authorities deemed a Luxembourg-based structure was improperly used to avoid tax payments in France, ...