U.S.
Airlines Prepare for Heightened, Climate Change-Related Weather Risks
Extreme weather is no longer exceptional, and that's forcing changes at some of the world's most diligent storm trackers: airlines. Weather delays in the U.S. have been trending higher the past four ...
Digital Platform Operator Wefox Raised $235M This Year for Global Expansion
German insurance technology firm Wefox said on Wednesday it had attracted an additional $110 million of investment in its second funding round, bringing the total amount of money raised this year to ...
Longtime EMC Insurance Leader Kelley Plans to Retire in March 2020
Bruce Kelley, EMC Insurance's longtime president and CEO, and a great-grandson of its founder, plans to retire in March 2020. "I have been honored to lead the company that was founded by my great ...
Beazley Goes After Life Sciences Startups With New, Targeted Liability Cover
Specialist insurer Beazley now sells life sciences liability coverage specifically designed for small businesses and startups in the sector. "As the life sciences sector continues to expand at a ...
U.S. Commercial Lines Market Has Stable Outlook for 2020: A.M. Best
The market outlook on the U.S. commercial lines industry for 2020 is stable. according to analysts at ratings firm A.M. Best who cite "improved market conditions and solid levels of risk-adjusted ...
Brit Debuts First ILS Fund in Lloyd’s of London Market
Specialty insurer Brit Ltd. has launched Sussex Specialty Insurance Fund to offer insurance linked securities (ILS) investors access to Lloyd's risk. It is the first ILS fund in the Lloyd's of London ...
Hippo Reaches Out to Mortgage Clients With Home Point Financial Partnership
Hippo Insurance is expanding its market reach through a new partnership with Home Point Financial, a national mortgage provider. The partnership gives Hippo access to Home Point customers so it can ...
U.S. Commercial Insurance Prices Accelerated Higher in Q3: Willis Towers Watson
U.S. commercial insurance prices continued to accelerate in the 2019 third quarter at a pace not seen for years, Willis Towers Watson said in a new report. "This quarter we saw the largest overall ...