News
Zurich North America Appoints Head of Claims Judicial and Legislative Affairs
Zurich North America has created a new position to address social inflation and tort reform, naming Allen Kirsh as head of Claims Judicial and Legislative Affairs. As part of his new role, Kirsh will ...
Google Dealt Amended Antitrust Complaint From U.S. States
A group of U.S. states led by Texas have filed an amended complaint against Alphabet Inc's Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boost ...
Steadily, a Digital Landlord Insurance MGA, Raises New Funding
Steadily, an InsurTech MGA focused on landlord insurance, has raised $27.2 million in new venture capital designed to help expand the reach of its digital platform. Matrix Partners and Zigg Capital ...
Samsung Fire & Marine Will Underwrite Canopius U.S. Admitted Specialty Lines
Canopius Group, a global specialty (re)insurer, announced an agreement with Samsung Fire and Marine Insurance (SFMI), its substantial minority shareholder and business partner, to underwrite U.S. ...
Buffett’s Berkshire Hathaway Pulls Back from U.S. Drugmaker Investments
Warren Buffett's Berkshire Hathaway Inc said on Monday it eliminated its investment in Merck & Co and reduced its stakes in AbbVie Inc and Bristol-Myers Squibb Co, as it pared its overall stock ...
Hippo Lost Less Money in Q3, Boosted Premiums and Continued Diversifying Distribution Options
Digital home insurer Hippo reduced net losses during the 2021 third quarter and boosted premiums substantially. The California-based InsurTech said it also made progress with its "omni-channel ...
Argo Group Will Sell U.S. Specialty Property Renewal Rights to Westfield Insurance
Specialty insurer Argo Group International Holdings has agreed to sell the renewal rights of its U.S. specialty property business to Westfield Insurance of Ohio. This transaction includes Argo's ...
The Latest Launches From BHSI and American Family/Bold Penguin
Berkshire Hathaway Specialty Insurance Launched two new D&O products in Germany. American Family-owned Bold Penguin debuted two new artificial intelligence-related products designed to help ...