News
Slide Acquires Renewal Rights on 86,000 Florida Farmers Insurance Customers
Slide Insurance, an insurtech offering homeowners coverage in Florida, announced the acquisition of renewal rights for 86,000 Florida homeowners insurance policies previously insured by Farmers ...
Generali to Sell TUA Assicurazioni to Allianz in $295M Deal
Generali said on Thursday that it has reached an agreement with German insurance heavyweight Allianz for the sale of TUA Assicurazioni for 280 million euros ($295 million) in cash. Mediobanca, Banca ...
Most Commercial Auto Insurers Researching Telematics: Survey
Approximately 78 percent of commercial auto insurers are in the research phase of preparing for usage-based insurance (UBI) products, according to a new report from The National Alliance for ...
Buffett Watchers Tout Japan Insurers, Banks as Next Potential Value Targets
Warren Buffett's buying of Japanese trading firms helped propel the nation's stocks to multi-decade highs. Six months on, insurers and banks are emerging as the next potential value targets. Insurers ...
Israel to Provide $6B War Insurance Cover for Israeli Airlines
Israel's parliamentary finance committee approved a plan to provide a state guarantee of $6 billion to cover insurance against war risks to Israeli airlines, the Finance Ministry said on ...
75% of Small Businesses Are Underinsured; 70% Use Agents: Survey
Small businesses may be growing their revenue, but the vast majority–75 percent–are not adequately protecting themselves and their assets. Small businesses are an essential part of the U.S. ...
California County Sues Power Company Alleging Equipment Sparked Wildfires
A Southern California county has filed lawsuits alleging a major power company's negligence caused two wildfires that collectively burned thousands of acres and prompted the evacuation of tens of ...
500K Vehicles Stolen in H1 2023, Dodge Muscle Cars Top List
Vehicle thefts continue to plague the nation, according to a new report released by the National Insurance Crime Bureau (NICB). The report was released to coincide with National Crime Prevention ...