U.S.
Insurers Reluctantly Will Abide by New Credit Scoring Ban
The American Property Casualty Insurance Association said its insurers will following the law where it concerns Washington Insurance Commissioner Mike Kreidler's emergency regulation banning the use ...
The Latest Launches From USAA and Neptune Flood
USAA expanded its safe driving app into 10 additional states. Neptune Flood has launched its latest capacity program, which is designed to help provide a private flood insurance alternative to the ...
U.S. D&O Underwriting Losses Continue Despite Record Premiums: Fitch Ratings
Record premiums haven't been enough to reverse U.S. D&O insurers' underwriting losses, and the sector will still lose money in the near term as a result, Fitch Ratings said. Premium growth for ...
SEC Mulls New Guidance to Rein in Growth Projections for Reverse Merger Companies
U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when they qualify for certain legal protections, according to ...
Aon’s $30B WTW Bid Will Reportedly Win EU Approval Without More Concessions
Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson without having to offer more concessions, people familiar with the matter said. ...
Big Commercial Rate Hikes Continue at Chubb; Investment Portfolio Takes Hit
Chubb's 2021 first quarter landed with massive net income. The company alsi benefited from double-digit commercial premium rate hikes and a healthy P/C combined ratio. COVID-19 continued to adversely ...
Arch Partners With Non-Profit to Increase Women in Technology Positions
Arch Capital Group will partner with a non-profit dedicated to boosting the number of women in insurance technology positions. The Bermuda-based insurer and reinsurer said it would link up with Women ...
EU Asks Several Aon Rivals Which One Should Buy Assets in Aon-Willis M&A Deal
EU antitrust regulators are asking Aon rivals and customers who is the best buyer for assets the insurance broker has offered to sell to address competition concerns about its $30 billion Willis ...