News
Chubb, Arch, MassMutual Partner With Newly-Launched Digital Agency Waffle
The InsurTech Waffle has raised $5 million in seed funding, with plans to offer cyber, renters, pet, travel and life insurance in the initial launch of its new virtual agency platform. Auto and home ...
AXA’s Asia Units, New Zealand Health Provider Struck by Ransomware Attacks
The Thai affiliate of Paris-based insurance company AXA said Tuesday it is investigating a ransomware attack by Russian-speaking cybercriminals that has affected operations in Thailand, Malaysia, ...
Warming Arctic Tundra Will Make It Tougher to Curb Climate Change: Study
The warming Arctic tundra will make it harder for the world to curb climate change, as thawing permafrost and wildfires release greenhouse gases that are not fully accounted for in global emissions ...
Metromile, Hippo Partner on Home/Auto Bundled Insurance Cover
Metromile and Hippo Insurance are partnering to offer consumers home and auto insurance protection by way of a new bundled discount. Hippo, based in Palo Alto, is an MGA focused on digital homeowners ...
SCOR’s Kessler to Leave CEO Slot in June in Revamped Succession Plan
Denis Kessler, SCOR's chairman and chief executive officer, is stepping down for personal reasons from his CEO role at the end of June, much earlier than expected. The company is replacing him in a ...
Veteran Assurant CEO Colberg to Retire at Year-End; Demmings to Replace Him
Assurant CEO Alan Colberg plans to retire at the end of 2021, and the company has designed Keith Demmings to replace him. Demmings, currently the leader of Assurant's Global Lifestyle segment, has ...
Private Firefighters Highlight Inequities in California Wildfire Battles
Last October, firefighter Ryan Bellanca and his crew battled to keep the raging Glass Fire from devastating an upmarket Napa Valley vineyard. But Bellanca wasn't working for any fire department. He ...
Buffett’s Berkshire Hathaway Buys Big Aon Stake
Berkshire Hathaway Inc said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp and Wells Fargo & Co. The changes ...