News
Planck Pulls in $20M, Plans to Expand AI Data Platform Globally
Planck has attracted $20 million in additional venture capital cash. The InsurTech startup - centered around an AI-based data platform for commercial insurance - plans to use the investment to expand ...
Workers Comp Performed Strongly During Pandemic Even With Premium Plunge
Because of job losses and shrinking payrolls during the pandemic recession, the workers compensation industry's net written premium dropped 10 percent to $42 billion in 2020. However, private ...
For years, the insurance industry has been working to reduce the friction that slows down underwriting, claims, and servicing. Now,...
Zurich Reports Solid Q1 Earnings, Limited Greensill Exposure
Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital, the insurer's chief financial officer said on Wednesday after it reported ...
Aon, Willis Towers Watson to Sell Some Assets to Gallagher for $3.6B
Aon plc and Willis Towers Watson will sell off some assets to Arthur J. Gallagher & Co. for nearly $3.6 billion, settling antitrust questions raised by European regulators in their meg-merger ...
Risk Alerts: Cyber Threats to Automated Electric Vehicles, U.S. Infrastructure
Automated electric vehicles exposed to cyber threats. Researchers from the University of Georgia have identified cybersecurity weaknesses that could threaten the safety of connected and automated ...
Employees Remained Resilient Despite COVID-19 Stress and Anxiety: Travelers Survey
U.S. employees confronted unprecedented work-related stress and anxiety during the COVID-19 pandemic over the last year, but most remain resilient, according to a new Travelers survey. Travelers ...
Reinstated: Actuarial Ratemaking Principles Are Back!
Less than a month ago, the prospect that long-held principles of actuarial ratemaking would survive an action by the Casualty Actuarial Society board of directors to rescind them late last year ...
American National Group Reportedly Up for Possible Sale
U.S. insurer American National Group Inc is exploring options that could include a sale of the company, people familiar with the matter told Reuters on Tuesday. The news sent shares of American ...