News
EverQuote, Bold Penguin Team to Launch Commercial Lines Marketplace
EverQuote, a Massachusetts-based online personal insurance marketplace, is pairing with technology platform provider Bold Penguin to launch a commercial lines marketplace. EverQuote said it will use ...
Insured Losses From Japan’s Typhoon Hagibis Could Reach $11B: RMS Estimate
Insured losses stemming from Typhoon Hagibis in Japan will hit between $7 billion and $11 billion, catastrophe modeling firm RMS is estimating. While last month's Typhoon Faxai was a wind-driven ...
Facebook Sued Over Allegations of Age and Gender Bias in Financial Services Ads
Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, ...
Q3 Catastrophes Push AIG’s P/C Underwriting Results Into the Red
Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year, following many years of losses. AIG said that its ...
The Measles Could Give You ‘Immune Amnesia,’ and More CM Risk Alerts
Getting the measles could leave you vulnerable to other infections for years. Poor sleep habits may play a role in developing dementia later in life. Higher air pollution could cause heart attacks, ...
The Hanover’s Momentum Continues in Q3
The Hanover Insurance Group produced higher net income and experienced lower catastrophe losses in its 2019 third quarter. Investment income growth, premium hikes and growth in more profitable ...
Executives On The Move at Ironshore, Capital Insurance and Willis Towers Watson
Liberty Mutual's Ironshore chose a new head of its professional and management liability division. Capital Insurance Group promoted one of its veteran executives to the position of senior vice ...
PCS Extends Catastrophe Methodology to More Asia/Pacific Countries
Property Claims Services (PCS), a Verisk subsidiary, has extended the catastrophe loss aggregation methodology, previously developed for use in Japan, to cover more territories in the region. ...