U.S.
American Family Invests in TicketGuardian, Provider of Specialty Insurance for Events, Ticket Holders
American Family Insurance co-led the $8 million Series A financing round for TicketGuardian, an InsurTech startup that helps insure concert and event organizers, as well as customers who buy tickets ...
U.S. P/C Insurers’ Interest in Hedge Fund Investments May Be Waning: Fitch
U.S. property/casualty insurer interest in hedge fund investments may be waning, according to a new Fitch report. Fitch said that the industry's investment position in other alternative investments ...
Cyber Attacks on Connected Cars See Substantial Increase
Hopping into an Uber or a Car2Go is a great way to get around. Unfortunately, hackers agree, exploiting weaknesses in apps to go on "phantom rides" with someone else's profile. From such trips—like ...
Executives On The Move at Munich Re, Ascot and Zurich Insurance
Munich Re, U.S. hired a former Everest Re executive to lead a newly created commercial unit in North America. Ascot brought on two ex-Navigators executives to join its U.S. marine team. Zurich ...
Commercial Lines, Reinsurance Should See Modestly Improved 2019 Pricing: KBW Prediction
Expect modestly improved reinsurance and commercial lines pricing in 2019, particularly in the specialty lines area, Keefe, Bruyette & Woods is predicting in a new report. At the same time, the ...
Impairment Ratings in Workers Compensation Lowered in Latest Edition of AMA Guides
For workers injured at work, the amount of compensation they receive depends on which edition of the medical guidelines on evaluating impairments is used. The American Medical Association (AMA) ...
Possible Midair Drone Strike Investigated Regarding Aeromexico 737 Jetliner Damage
Grupo Aeromexico SAB is investigating whether a drone slammed into a Boeing Co. 737 jetliner as the aircraft approached its destination in Tijuana, Mexico, on the U.S. border. Images on local media ...
It’s Not Just the Marriott: Hotels Are Vulnerable to Hackers
Long before Marriott International Inc. disclosed a massive security breach, the hotel industry had earned the dubious reputation as a hospitable place for hackers. Thieves have skimmed credit cards, ...