U.S.
MGA Honeycomb Launches With Bet on Multi-Family Property Insurance
An InsurTech MGA with a focus on multi-family property insurance has raised $3.3 million in initial venture capital insurance and formerly launched in North America. Honeycomb, formerly Agilius, drew ...
Wholesaler Ryan Specialty Group Eyes IPO for up to $100M
The Chicago-based specialty wholesale brokerage Ryan Specialty Group has filed with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of up to $100 million. ...
Title Insurer Settles SEC Charges On Cyber Controls, Pays Nearly $0.5M
Last week, the Securities and Exchange Commission announced the resolution of charges against First American Financial Corporation alleging lax cybersecurity controls and procedures, with the federal ...
7 Major Cyber Insurers Join in Cyber Analysis, Mitigation Effort
With cyber attacks and insurance claims on the rise, leading cyber insurers AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers have formed a company to pool their data ...
U.S. Auto Buyers Not Sold on Electric Vehicles
The world's major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. Yet for that to happen, they'll need to sell the ...
Americans Don’t Expect Normal Travel Until 2022: Generali Survey
Most Americans don't expect a return to normal travel until 2022, according to a new Generali survey, which mean smaller numbers will take a summer vacation this year than before COVID-19 hit. The ...
Weekend Storm Warnings Issued For Gulf Coast: Louisiana to Florida
The National Hurricane Center's updated its tropical storm warning for the Gulf Coast is in effect for east of Morgan City, Louisiana to the Okaloosa/Walton County line in Florida. The center has ...
InsurTechs Help Carriers Bridge the Digital Divide in Multiple Ways
As the COVID-19 pandemic has pushed many insurers to embrace more technology, there has been some talk of how InsurTechs can step in and help insurers navigate the ever-changing digital space. "I ...