News
A Gemba Walk Helps Leaders Lead Better: American Family CEO Salzwedel
Take a Gemba walk. That's a leadership tip from Jack Salzwedel, chairman, president and CEO of American Family Insurance. In a Dec. 1 LinkedIn blog posting, Salzwedel outlined what the word means and ...
Global Warming Could Be Much Worse Than Expected: Study
World temperatures could rise 15 percent more than expected this century, obliging governments to make deeper cuts in greenhouse gas emissions to limit global warming, scientists said on Wednesday. ...
Insurance/Reinsurance Rate Hikes in 2018 Are Increasingly Likely: Morgan Stanley
Rate hikes are on the way for reinsurers and insurers, Morgan Stanley asserts in a new research note, echoing predictions of others in the wake of record catastrophe losses for 2017. Morgan Stanley ...
InsurTech MGA Wrisk Gains UK Regulatory Authorization
On the heels of its recent successful crowdfunding raise, the app-based InsurTech managing general agent Wrisk has made another major step forward, receiving full authorization from the UK's ...
New Explosion of Calif. Wildfires Threatens Homes and More
Once again, thousands are fleeing wildfires in California. And, once again, the worry on Wall Street is that a major electric utility might end up on the hook for the damages. Shares of Edison ...
Wells Fargo Risks Calif. Suspension of Licenses Over Insurance Sales Practice Controversy
The California Department of Insurance is seeking to suspend or revoke Wells Fargo & Co's licenses for alleged improper insurance sales practices related to the company's online insurance ...
Artificial Intelligence Startup Cytora Raises $5.9M From QBE, Starr, Others
Artificial intelligence startup Cytora has raised $5.9 million in new financing from investors including divisions of QBE's venture arm and Starr Companies. QBE Ventures, Starr Global Holding, ...
FEMA Plans Reinsurance Claim to Recover $1B-Plus in Hurricane Harvey-Related Losses
The Federal Emergency Management Agency said it plans to submit a claim to recover $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. FEMA also is working to nail down a new ...