U.S.
For Lemonade, Pink in Germany Is (at Least Temporarily) Verboten
Just months after expanding into Germany, the InsurTech Lemonade is in a tussle there over rights to use the color pink. Lemonade, which sells home and renters insurance electronically and relies on ...
Argo Group Reorganizes Americas Executive Structure
Argo Group International Holdings Ltd is reorganizing its executive structure in the Americas, made possible by the appointment of three new executive vice presidents. Each will report to Kevin ...
Insurers, Others Face New EU Disclosure Rules on Responsible Investments
European Union finance ministers are set to adopt new rules this week that will require asset managers, insurers and pension funds to disclose environmental and social risks in their investments from ...
Berkshire Hathaway Reinsurance P/C Premiums Jump, and Other Q3 Earnings Takeaways
For Berkshire Hathaway Inc., profits from its stake in Kraft Heinz Co. were better late than never. Almost a third of the jump in Berkshire's third-quarter earnings came from finally recording its ...
EverQuote, Bold Penguin Team to Launch Commercial Lines Marketplace
EverQuote, a Massachusetts-based online personal insurance marketplace, is pairing with technology platform provider Bold Penguin to launch a commercial lines marketplace. EverQuote said it will use ...
Facebook Sued Over Allegations of Age and Gender Bias in Financial Services Ads
Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, ...
Q3 Catastrophes Push AIG’s P/C Underwriting Results Into the Red
Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year, following many years of losses. AIG said that its ...
The Hanover’s Momentum Continues in Q3
The Hanover Insurance Group produced higher net income and experienced lower catastrophe losses in its 2019 third quarter. Investment income growth, premium hikes and growth in more profitable ...