U.S.
The Latest Launches From CSAA Insurance Group and Aon
CSAA Insurance Group is partnering with an analytics startup in order to improve its home inspections and boost the quality of its underwriting. Aon said it has partnered with an InsurTech digital ...
California Utility Expects to Make $4.8B Initial Contribution to Wildfire Fund
Power producer PG&E Corp said on Thursday its initial contribution to California's wildfire fund would be about $4.8 billion, and annual contribution about $193 million. The company said ...
Global Insured Losses From Natural Disasters Reached $20B in H1: Aon
Global insured losses from natural disasters during the 2019 first half reached an estimated $20 billion, according to Aon's "Global Catastrophe Recap: First Half of 2019." The report noted that the ...
W.R. Berkley Rate Increases Fuel Robust Q2 Net Income and Premiums Written
Rate increases are a big factor behind W.R. Berkley Corp.'s mostly stellar Q2, with the insurer and reinsurer reporting a robust jump in net income, net investment income and premiums written. ...
A Hardening P/C Insurance Market Has Accelerated and Gone Global: Chubb CEO Greenberg
It is becoming increasingly clear that a hardening property/casualty insurance market has accelerated and gone global after initial signs first materialized earlier in 2019, Chubb Chairman and CEO ...
Facebook Agrees to Pay Record $5B to Settle Privacy Violation Claims
Facebook Inc. agreed to pay a record $5 billion to resolve a U.S. investigation into years of privacy violations, a settlement that increases the board of directors' responsibility for protecting ...
The Latest Launches From Hiscox, Roost and AXA XL
Hiscox has a new security product designed to help protect shipping targeted by nation states. A small carrier in North Dakota will start offering home telematics products from Roost. AXA XL's U.S. ...
Hippo Pulls in $100M Financing Round; Broader U.S. Expansion Planned
Hippo Insurance said it has secured a $100 million financing round that will help propel a broader U.S. expansion of its super-quick online homeowners insurance. Global technology investment firm ...