News
Notion, an Internet of Things Home Security Startup, Raises $10M
XL Catlin's venture capital arm is among firms helping to back a $10 million financing for Notion, an Internet of Things-related startup focused on a smart home sensor that enables lower-cost home ...
Brokers vs. Carriers: ‘A Classic Sign of a Soft Market’
Chief executive officers of property/casualty insurance brokers and P/C insurance carriers called each other out last week for engaging in activities they said were "classic signs of a soft market." ...
JLT Specialty USA Teams With Altumai to Develop IoT-Related Workers Comp Products
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, is partnering with InsurTech startup Altumai to develop products aimed at reducing worker injuries in the food/agriculture industry. ...
Wage-Loss Workers Comp Benefits Fall Short: WCRI Study
Adequacy of income benefits is one of the long-standing concerns about the performance of workers compensation systems. However, there is little known about whether income benefits (also called ...
U.S. P/C Insurance Groups: House NFIP Reform Bill Would Harm Private Flood Market
The U.S. P/C industry's major trade associations say they oppose several provisions in draft legislation that would revamp the National Flood Insurance Program. Their big worry: that the revamp as it ...
Electric Grid Faces New Potential Cyber Attack Threat
Two cyber security companies said they have uncovered a sophisticated piece of malicious software capable of causing power outages by ordering industrial computers to shut down electricity ...
Executives On The Move at Argo Group and Swiss Re
An ex-Chubb executive is now with Argo Group International Holdings Ltd., slated to lead its Latin America business. Swiss Re Corporate Solutions appointed an executive to lead its new office in ...
RMS Rolls Out Updated North America Earthquake Models
RMS has released a new version of its North American Earthquake Models for the United States, Canada and Mexico. The updated version 17.0 model will enable RMS clients to manage their risk ...