U.S.
U.S. Insurance Results Will Largely be Shaped by Hail, Pummeled Cars
A hailstorm that pounded down on a Subaru dealership in Plano, Texas, barely lasted 30 minutes, but left behind a trail of smashed windows, dented hoods and millions of dollars' worth of claims for ...
Executives On The Move at GEICO, Great American, Ironshore and Markel
Great American Insurance Group hired three new executives for its Singapore branch. GEICO promoted two executives in its general council and claims divisions. Markel International named a new ...
Q2 InsurTech Funding Hovers Close to $1B as Demand Grows Unabated
InsurTech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from ...
Allianz Renews Advertising Sponsorship in FIA Formula E Racing Championship
Allianz SE, a big player in motor insurance, extended its sponsorship as an Official Partner of the FIA Formula E Championship for another five seasons. ra With its worldwide presence, constantly ...
Judge Dismisses $18B UK Mastercard Class Action Suit
A London judge rejected an application by a group representing 46 million consumers to pursue a lawsuit against Mastercard Inc. that would have been the largest of its kind since U.S.-style class ...
Allianz Global Corporate & Specialty Teams With InsurTech in Aircraft Insurance Partnership
Allianz Global Corporate & Specialty teamed with InsurTech startup Visicover on a partnership to sell airplane insurance and related products. Neither side is disclosing financial terms. The ...
White House Tally: Over 800 Proposed Regulations Killed So Far
The White House said Thursday it had withdrawn or removed from active consideration more than 800 proposed regulations that were never finalized during the Obama administration as it works to shrink ...
Heavy California Rains Ironically Set Stage for Robust Fire Season
Forest fires are picking up once again in California. The cause this time: rain and snow. Really, rain and snow? OK, perhaps not exclusively, but yes, as counterintuitive as it would seem, the weeks ...