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Spanish insurer Mapfre on Friday signed a contract to make a $983.8 million contingency payout to Colombia's Empresas Publicas de Medellin (EPM) over issues with the construction of the massive ...
The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. ...
North American commercial insurance prices should soften gradually in the coming months, bringing a slowdown in many premium rate hikes and more stability in 2022, Willis Towers Watson said in a new ...
Chubb released extremely positive Q2 results on July 27, driven in particular by strong gains in its commercial property/casualty business and related rate hikes in the sector. The company used words ...
Hippo, an InsurTech MGA known until now for digital homeowners insurance, is jumping into the commercial insurance market. The company's initial focus in the space still involves residences, however. ...
A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in March on Wednesday said that an agreement in principle had been reached in a compensation dispute ...
An InsurTech MGA with a focus on multi-family property insurance has raised $3.3 million in initial venture capital insurance and formerly launched in North America. Honeycomb, formerly Agilius, drew ...
A former AIG chief data officer is the new CEO at CLARA Analytics, a provider of artificial intelligence technology for the commercial insurance industry. The company's board of directors chose ...
A $9 billion oil pipeline that became a symbol of the rising political clout of climate change advocates and a flash point in U.S.-Canada relations was officially canceled on Wednesday. Keystone XL, ...
Embroker, a digital platform focused on business insurance, aims to become a full-stack carrier – an expansion of its strategy enabled by $100 million in new venture capital financing. The money ...
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