U.S.
Executives On The Move at Alliant and Insurance Information Institute
Alliant hired a Willis Towers Watson veteran as Senior Vice President. The Insurance Information Institute hired a new Vice President and Senior Economist, who will handle areas including research, ...
U.S. Drivers Sue Hyundai, Kia, Alleging Engine Defect Caused Fires
Hyundai Motor Co. and Kia Motors Corp. were sued by U.S. drivers over an alleged defect that could cause certain engines to catch fire, adding pressure on the South Korean automakers being probed by ...
The Latest Launches From Zurich Insurance and JLT Re North America
Zurich Insurance is launching a new app designed to help give distributors its general risk appetite across multiple industries. JLT Re North America is partnering with personal auto InsurTech Pact ...
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 ...