Industry News
Some Argue Blockchain Enthusiasm Is Fading Quickly
For a technology that was supposed to transform and solve seemingly every problem in the world, the enthusiasm is fading pretty quickly. Blockchain, the underlying technology that powers ...
Sexual-Harassment Whistle-Blower Sues Lloyd’s Insurer Tokio Marine Kiln
A senior lawyer who blew the whistle on alleged sexual harassment and bullying at a top Lloyd's of London insurance company is suing his employer for what he called a campaign of harassment, racial ...
N.D. Insurance Commissioner Named World’s Tallest Politician
North Dakota Insurance Commissioner Jon Godfread has been named World's Tallest Politician (male) by Guinness World Records. Godfread is 6 feet 10 inches (210.767 centimeters) tall as verified in ...
Argo Group Hit With Ratings Agency Black Marks Over Governance Controversy
Standard & Poor's hit Argo Group International Holdings Lt. with a negative ratings outlook, due to an SEC subpoena about executive compensation and the abrupt "retirement" of longtime CEO Mark ...
California Utility Offers $13.5B in Compensation for Wildfire Victims; Shares Surge
Bankrupt utility giant PG&E Corp. is trying to offer $13.5 billion in compensation to the victims of wildfires sparked by its power lines as part of a restructuring plan, according to people with ...
Weather-Tech Startup Understory Launches Auto Dealer Policy Formed Around On-the-Ground Data
Nick Pacifico has been working at his family's Cadillac dealership in Denver since 2003. He's never seen insurance costs this bad. "Getting coverage is nearly impossible," said Pacifico, vice ...
Zego Becomes First UK InsurTech to Win Its Own Insurance License
Zego has become the first U.K. InsurTech to be awarded its own insurance license, which will enable it to build and sell its own products. While Zego will still work in tandem with its growing ...
Neptune Flood’s Albert: InsurTech Enables Cheaper and More Efficient Flood Coverage
While few carriers are in the flood insurance market, Neptune Flood Insurance sees opportunity. Most of the market is covered by the National Flood Insurance Program, but founder and CEO Jim Albert ...