News
Life Insurance Next for Lemonade: Auto on the Horizon
Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report released late ...
Derez, Covéa Fined Over $20M for Misconduct in SCOR Takeover Bid
The Paris Commercial Court ruled against Covéa and Chief Executive Thierry Derez, fining Derez personally and Covéa as well for misconduct related to the Paris-based mutual insurer's 2018 takeover ...
American Politics Has Become Increasingly Moralistic: Study
American politics has grown increasingly polarized for decades, but recently it's reached a tipping point, say researchers from Northwestern University. Rather than simply disagreeing about policies, ...
EU Warning: New Wave of COVID Brings Resurgence of Online Scams
The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of COVID-19 infections in Europe and said they need to work harder against ...
U.S. Election Outcome: Divided Government Seen Reigniting M&A
Joe Biden's projected win of the U.S. presidency and the Republican Party potentially retaining control of the U.S. Senate could drive a pickup in mergers and acquisitions (M&A) that took a hit ...
COVID Challenges of Workforce Mgmt., Risk Aggregation Continue for P/C
Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face challenges related to virus-related insurance losses and ...
Allianz, Other Institutional Investors Warn Firms to Cut Ties to Coal
Some of the world's largest insurers and pension schemes are warning companies they invest in not to finance, insure, build, develop or plan new thermal coal plants or face sanctions, including ...
Companies Hope to Take California Gig Worker Classification Law Nationwide
Gig economy companies want to turn California voters' decision to make ride-service drivers contractors into a model for the nation, as several states consider requiring drivers from Uber, Lyft and ...