U.S.
CNA Searching for New CFO After Miralles Resigns
CNA has begun searching for a new mhief financial officer. The Chicago-based property/casualty insurer said that Al Miralles, its current executive vice president/CFO has resigned, with plans to ...
InsurTechs Targeting Car Insurance Comparisons, Reinsurance and Income Protection Raised New Financing
Jerry, a digital car insurance comparison-and-buy startup, raised $75 million in new financing designed to fuel a broader expansion. Vesttoo, an Alternative Reinsurance and Investment platform, ...
Chubb, Liberty Mutual, More Participate in Amazon’s New Insurance Network Cover for Online Sellers
Amazon has launched a new digital insurance network designed to help small businesses selling on its platform more easily purchase affordable product liability coverage. Dubbed the Amazon Insurance ...
U.S. Explores Authority Businesses Have to Mandate Vaccines
The Biden administration is examining what authority businesses have to mandate vaccines, a top U.S. official told Reuters on Friday, as it considers what more steps can be done to halt the spread of ...
Amazon Will Pay Shoppers Injured by Others’ Products Without Admitting Liability
Amazon.com Inc on Tuesday said it would pay customers who suffer injuries or property damage from defective goods others sell on its U.S. platform, in a new policy that could reduce litigation. For ...
IVANS Buys Ask Kodiak to Accelerate Commercial Lines Digital Distribution Efforts
Applied Systems' IVANS division has acquired Ask Kodiak, a Massachusetts-based InsurTech that provides commercial lines market appetite and search capabilities for the independent agency channel. ...
CNA, Software Maker Overhaul Team on Beefed Up Motor Carrier Coverage
CNA is collaborating with software maker Overhaul to beef up offerings for motor carriers. Specifically, CNA will use Overhaul's new risk management app TruckShield for its motor carrier coverage. ...
Progressive Insurance Dinged by Q2 Rise in Auto Claims, Low Premiums
Progressive Corp. reported a 56 percent decrease in net income to $790.1 million for the second quarter. Net income was down 9 percent for the first six months. The company said the largest ...