U.S.
P/C Insurers See $ in IoT, Smart Home Tech; Limited Data Access Hampers Potential
Internet of Things and smart home technology offer significant growth potential for property/casualty insurers, but data access limits could restrict how big the boom becomes, according to a new ...
The Latest Launches From Lemonade, QBE, FM Global and More
P2P startup Lemonade gained its license to start selling renters and homeowners insurance in Illinois. QBA North America and a few partners will start offering a new national workers' compensation ...
Frivolous Lawsuit? Wise Sued for Allegedly Underfilling Potato Chip Bags
The maker of Wise potato chips has been sued by two consumers who said it fills bags less than halfway, deceiving them into overpaying. Wise Foods systematically underfills bags and has left them 58 ...
AIG’s Turnaround Plan Is at Risk Due to Morale Crisis: UBS Analysis
A morale crisis at American International Group Inc could prevent the U.S. insurance company from keeping and hiring the talent it needs to propel it through its financial turnaround, UBS said in an ...
AIG Chairman Backs Departing CEO’s Strategy, Opposing Breakup
American International Group Inc.'s chairman reaffirmed support for the course charted by Peter Hancock, even after the CEO announced he was stepping down because of insufficient investor backing. ...
AmTrust Soars on NASDAQ After Filing Delayed 2016 Annual Report
After two delays, AmTrust Financial Services has finally released its 2016 annual report and updated financials dating back to 2014. Investors appear to be elated by the news. AmTrust's stock soared ...
The Hartford Launches Customer-Focused Insurance Apprenticeship Program
The Hartford, with an eye on generating its next generation of customer service and claims employees, is beginning an insurance apprenticeship program. The property/casualty insurer is launching the ...
2017 Insurance Industry Mergers Could Reach Record Levels: Conning
Signs point to 2017 being another year of "robust" mergers and acquisitions, thanks in part to a number of ongoing industry trends and a current government climate that show no sign of letting up, ...