News
Shopping Safely: Managing Cybersecurity, Insurance in E-Commerce
Online retailers will need to remain as resilient as possible to combat increasing cyber crime in the wake of a pandemic surge in online shopping, according to David Emm, senior security researcher ...
California Climate Bills Requiring Broad Disclosures Have National Implications
A pair of California bills requiring large companies to report emissions from across their supply chains and creating more stringent reporting of climate-related impacts could have implications ...
Allstate Reports $310M Q4 Loss as Auto Claims Costs Motor Past Rate Hikes
As it had warned last month, Allstate Corp. reported a fourth-quarter 2022 loss of $310 million as losses from auto insurance outpaced an increase in revenue. Results were in comparison to net income ...
The Hanover Reports $11M Q4 Loss
The Hanover Insurance Group reported a fourth-quarter 2022 loss of $11.6 million, driven by widespread catastrophic losses from Winter Storm Elliott. Results were in comparison to net income of ...
Insurance Groundhogs Have Their Day: Some Primary Prices Need to Go Higher
Sure, it's nice to know whether Spring is around the corner or more than a month away, but what about insurance market conditions? How long will a hard market last in many lines? Are insurance prices ...
Marsh: Global Commercial Insurance Pricing Up 4% in Q4 2022
Global commercial insurance prices increased 4% in the fourth quarter of 2022, down from a 6% increase in the third quarter and a 9% increase in the second quarter, according to the Global Insurance ...
Gallagher Re: InsurTech Funding Falls to Lowest Quarterly Level Since 2020
At $1.01 billion, global InsurTech investment fell in the fourth quarter of 2022 to its lowest quarterly level since the first quarter of 2020 and declined 57.0% from the third quarter of 2022, ...
The Latest Launches from ExecutivePerils, Corvus, Hippo
ExecutivePerils, a DOXA Insurance Holdings company and independent wholesaler, announced the launch of its new insurance policy, EPL+WHIP. This new product combines wage and hour insurance protection ...