U.S.
U.S. Insurers Slammed in May by Hail, Tornado, Wind and Floods
Many U.S. insurers face a multi-billion-dollar payout from May's convective storms, which spawned extensive hail, tornado, wind and flood damage across a series of separate events during the month, ...
USAA Will Snatch Up Noblr, a Digital Usage-Based Auto Insurer
USAA plans to snatch up Noblr, an InsurTech digital insurer offering usage-based auto insurance. The company declined to disclose its purchase price, though the deal is expected to close later in ...
Corvus Insurance CEO Edmundson on Pandemic Opportunities and Major Hiring Plans
Corvus Insurance already pulled in a $100 million Series C venture financing in March. Within two months, more money came through. In late May, the InsurTech startup raised another $15 million, from ...
Partnerships – Embedded Services Edition: The Zebra/Cinch and Coalition/Intuit
Insurance comparison site The Zebra has partnered with Cinch Home Services to provide home services to P/C insurance policyholders nationwide. Coalition, a cyber insurance managing general agency and ...
Nationwide, Insurify Link on Car Insurance Comparison Quote Tech
Nationwide's customers will gain the ability to get car insurance quotes from multiple insurers through a new digital partnership with Insurify, an insurance comparison platform. The partnership ...
Keystone XL Pipeline Project Canceled After Biden Blocks Project
A $9 billion oil pipeline that became a symbol of the rising political clout of climate change advocates and a flash point in U.S.-Canada relations was officially canceled on Wednesday. Keystone XL, ...
U.S. Cyber Insurance Premiums Doubled Over 5 Years: Aon
U.S. cyber insurance premiums doubled over the previous five years, climbing 21 percent in 2020 alone, a new Aon study has found. At the same time, loss ratios have soared. Premiums in the sector ...
U.S. Commercial Insurance Price Hikes, as Predicted, Start Slowing Down in Q1
U.S. commercial insurance price hikes showed no sign of letting up in the 2021 first quarter, though a predicted moderating of the increases is starting to happen. Willis Towers Watson calculated ...