Industry News
Women’s History Month: Honoring Women in the Insurance Industry
When Barbara Bufkin started in the insurance industry nearly four decades ago, she didn't think about women's roles. She started her career as a commercial underwriter, then a casualty facultative ...
Executives On The Move at Root and Allianz
A former Facebook executive joined digital auto insurer Root as its first Chief People Officer. Allianz's Australian operations hired a new chief risk officer. *** Root Inc., the parent company of ...
QBE Withdraws 2020 Financial Targets Over COVID-19 Uncertainty
QBE, in a potential harbinger of things to come from other carriers, has withdrawn its 2020 financial targets due to COVID-19 uncertainty. "In light of the unprecedented COVID-19 pandemic and ...
Hippo Partners With SimpliSafe to Give Customers Home Alarm Options
Hippo Insurance will enhance its customer offerings through a new partnership with home alarm company SimpliSafe. Hippo, an InsurTech and managing general agent, said the arrangement will add ...
A Longer Coronavirus Crisis Creates Greater Underwriting Loss Uncertainty: Fitch
North American property/casualty insurers will likely face increasing coronavirus-related financial challenges as the pandemic crisis drags on, Fitch Ratings said in a new report. "Claims experience ...
From Free Coverage to Masks, P/C Insurers Try to Alleviate Coronavirus Pressures
While the property/casualty insurance industry is fighting attempts to force it to pay for the huge business income losses that it says most policies were never intended to cover, some individual ...
Lloyd’s Underwriters Say Hello to Working at Home
Thousands of London's underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won't need them. Working at home due to the coronavirus ...
New Argo Group CEO Rehnberg Aims for Transparency and Straight Shooting
Argo Group had been under fire for months over allegations that its board spent excessively on executive compensation when Kevin Rehnberg became interim CEO in November 2019. Three months later, ...