U.S.
Allstate Only Hires Banks for Bond Sale Owned by Minorities, Women or Veterans
Allstate Corp. hired solely banks owned by minorities, women or veterans for its bond sale, in the biggest corporate deal yet managed only by diverse firms. The insurer enlisted Loop Capital Markets, ...
Financial Lobbyists Begin Feeling Out Biden Transition Team
Financial lobbyists, kept at arm's length by Joe Biden's campaign, have begun engaging with the Democratic president-elect's transition team on issues including economic stimulus, pandemic aid ...
Fast Action and Comas: Talking Points At Pandemic Backstop Hearing
Can insurers help "bend pandemic risk curves" for future events? Or is the goal of any government-insurance industry partnership program simply to replace some of the economic losses of businesses, ...
Americans More Likely to Buy Travel Insurance: Study
Despite the pandemic risk, the majority of Americans are still planning to travel during the 2020 holiday season. However, many say they are going to hedge their bets from now on by purchasing travel ...
Flyreel Raises $10M for AI Underwriting and Claims Technology
Flyreel, an artificial intelligence startup focused on claims technology for residential and commercial property insurers, raised $10 million in Series A financing from investors including Guidewire ...
Board Appointments at Markel and The Hanover
Markel Corp. appointed a new board member. The Hanover accelerated appointment of a new board chair to accommodate its transition plan. *** Markel Corp. appointed Mark Besca to its board of ...
U.S. Insurance Execs Insist They Are Working to Fix Diversity Shortcomings
When Jerald Tillman and Mike James started their careers more than 20 years ago, working in the U.S. insurance industry was not on their radar, but programs to attract Blacks and other minorities ...
Starr CEO Greenberg: Biden Could Generate Fresh Start in U.S.-China Relations
U.S. President-elect Joe Biden has an opportunity to start fresh with China, a move that would benefit both nations, Maurice "Hank" Greenberg, chairman of Starr Insurance Companies, told Reuters on ...