News
2021 InsurTech NY Early-Stage Competition Looks to Bermuda
InsurTech NY and the Bermuda Business Development Agency are teaming up for the 2021 InsurTech Early-Stage Competition. Bermuda's lucrative reinsurance market could benefit from the arrangement, ...
Google Antitrust Cases Move Forward With Document Ruling
The federal judge who is hearing both the U.S. Justice Department and state antitrust cases against Google said on Thursday that he wanted the states to begin turning documents over to the search and ...
Travelers Q4 Earnings Jump With Bigger Investment Returns, Lower CAT Claims
Property and casualty insurer Travelers Cos. Inc. reported a jump in quarterly profit that beat analysts' estimates on Thursday, helped by an increase in returns from investments and lower ...
The Latest Launches From Liberty Mutual and W.R. Berkley
A Liberty Mutual division launched new terrorism insurance coverage in Germany. W.R. Berkley Corp.'s Berkley One unit added or introduced new coverage to a number of states. *** Liberty Mutual's ...
P/C InsurTech Lemonade Quietly Debuts Term Life Insurance
Lemonade has quietly debuted term life insurance, according to its website. The New York-based InsurTech appears to be going the soft-launch route without major promotion of the launch, after first ...
P/C Industry COVID Survivor Warns About Pandemic Continuity Risks
In the wake of COVID-19, property/casualty insurance senior executives should consider deputizing underlings to completely take over if they become ill or incapacitated, a veteran insurance and ...
Ford Ordered to Recall 3 Million Vehicles Over Takata Air Bag Issues
Ford Motor Co. must recall 3 million vehicles with potentially defective driver-side Takata air bags, the U.S. auto safety regulator said on Tuesday, rejecting a bid by the second-largest U.S. ...
AXA Explores Sale of Singapore Unit; Transaction Could Raise $700M
HSBC Holdings Plc and Malayan Banking Bhd.'s insurance venture are among shortlisted bidders for AXA SA's business in Singapore, which could raise about $700 million in a sale, according to people ...