U.S.
Metromile, Hippo Partner on Home/Auto Bundled Insurance Cover
Metromile and Hippo Insurance are partnering to offer consumers home and auto insurance protection by way of a new bundled discount. Hippo, based in Palo Alto, is an MGA focused on digital homeowners ...
Veteran Assurant CEO Colberg to Retire at Year-End; Demmings to Replace Him
Assurant CEO Alan Colberg plans to retire at the end of 2021, and the company has designed Keith Demmings to replace him. Demmings, currently the leader of Assurant's Global Lifestyle segment, has ...
Private Firefighters Highlight Inequities in California Wildfire Battles
Last October, firefighter Ryan Bellanca and his crew battled to keep the raging Glass Fire from devastating an upmarket Napa Valley vineyard. But Bellanca wasn't working for any fire department. He ...
Buffett’s Berkshire Hathaway Buys Big Aon Stake
Berkshire Hathaway Inc said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp and Wells Fargo & Co. The changes ...
Car Insurance Comparison Site Jerry Raises $28M
Jerry- a car insurance comparison site centered around AI and machine learning – has raised $28 million in new financing. The Palo Alto, Calif.-based startup, which operates as a licensed insurance ...
New Post-COVID Hybrid Work Arrangements May Not Be Flexible or Functional
Fourteen months after coronavirus confined the world's office-workers to their homes, companies are embarking on another great experiment — how to get their teams back together, in-person, at least ...
Does Cyber Insurance Protect Against Hackers or Attract Them?
The ransomware attack on Colonial Pipeline Co. that caused gasoline shortages along the U.S. East Coast also sparked a debate about whether cyber insurance helps protect against marauders — or ...
‘Modest Improvement’ for Commercial Auto Could Lead to Break-Even 2021: Fitch
Commercial auto insurance is on the road to "modest improvement" for 2021, thanks to both rising rates and a pandemic-related reduction in driving, according to a new Fitch Ratings report. Fitch said ...