Industry News
NAIC President Nickel: Regulators Must Do Better Understanding Technology and Innovation
State regulators must better understand understanding technology and innovation trends increasingly driving the industry so they can do their jobs better, NAIC president Ted Nickel said. Nickel, who ...
Executives On The Move at Chubb, Tokio Millennium Re and PartnerRe
Chubb made a number of new executive appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division. A Lloyd's veteran will become Tokio ...
The Fall of Anbang Insurance Caps Short, Wild Period for P/C Industry in China
The revolution in China's insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended with a bang. With little fanfare, China's top insurance official, ...
Any Brexit Deal Must Protect Insurance Sector’s Benefits to UK Economy: ABI
The insurance and long-term savings sector is one of the UK's most productive industries, adding more than £40 billion (US$51.5 billion) a year to the economy and helping Britain thrive, according ...
5.4M U.S. Homes at Risk From Sea-Level Rise: Report
Nearly 10 million people living in 5.4 million homes have a high risk from rising sea levels and will be adversely impacted by climate change, according to a new report that takes data from U.S. ...
Apple Will Debut China Data Center to Comply With China’s Tougher Cyber-Security Laws
Apple Inc on Wednesday said it is setting up its first data center in China, in partnership with a local internet services company, to comply with tougher cyber-security laws introduced last month. ...
New U.S. Ban on Forced Arbitration May Die in Republican Congress
Republicans lawmakers on Tuesday started trying to kill a brand-new U.S. rule prohibiting banks and credit card companies from requiring customers who open new accounts to sign an agreement that they ...
Powered by Homegrown InsurTech, HCI to Expand Flood Insurance Sales to 9 States
As Congress tries to figure out how to change the federal flood insurance program to encourage more private insurer involvement, one insurer isn't waiting to wade deeper into the private flood ...