News
Young Agents Want the Tech Tools Needed to Compete Against InsurTechs
With so much attention lavished on InsurTech startups that vow to replace them, young insurance agents feel they are being shortchanged in the race to invest in insurance technology. Just give them ...
Insurance Insiders Voice Optimism About Trump’s Tax, Regulatory Positions
Less than 100 days into the U.S. Presidency of Donald Trump, the ultimate shape of regulatory and tax reform remains very much in question. P/C insurance trade associations have expressed hope that ...
The Latest Launches From AXIS and Willis Towers Watson
AXIS Capital Holdings launched a new flexible management liability insurance policy targeted to privately held companies. Willis Towers Watson came out with a product designed to address cyber ...
Storing Telematics Data in the Cloud Puts Driver Privacy at Risk: Research
Drivers' private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using connected-device, or telematics, functions in ...
Executives On The Move at Chubb, XL Catlin, QBE North America and More
A former Swiss Re executive is joining XL Catlin in a leadership role. QBE North America said it will appoint a former CNA executive as its new chief underwriting officer for North America. Chubb ...
Wells Fargo Board Blames Ex-CEO, Other Exec for Much of Fake Account Scandal
Wells Fargo & Co.'s board clawed back an additional $28 million from former Chief Executive Officer John Stumpf and canceled about $47 million of ex-community bank head Carrie Tolstedt's stock ...
NY Regulator: States Should Use Its Cybersecurity Rules as Template
A group of U.S. state insurance regulators should use New York's sweeping cyber security rules as a model for how insurers must protect their networks from hackers and when they must disclose cyber ...
China’s Top Insurance Regulator Under Investigation in Corruption Probe
China's anti-graft agency is probing the nation's top insurance official Xiang Junbo as the government steps up a bid to rein in financial risks amid an economic slowdown. Xiang, chairman of the ...