Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently before an audience of insurtech entrepreneurs, Chubb CEO Evan Greenberg was having none of that. “It’s just hype,” Greenberg said …
While some property and casualty insurers have pulled out of the troubled Florida market, Associated Insurance Administrators sees strong potential in the workers’ compensation and commercial specialty sectors. AIA, a program administrator and wholesale supplier of comp and specialty products, …
Former Georgia Insurance Commissioner Jim Beck will have to wait a little longer to learn his fate, after his sentencing date was postponed until Tuesday. Federal prosecutors are now asking that he serve 10 years in prison and pay fines …
Tesla will launch its own brand of auto insurance in Texas this week, founder Elon Musk said during a Oct. 7 shareholders call addressing the company’s headquarters relocation from Silicon Valley to Austin, Texas. In January the state insurance department …
The U.S. has endured 18 major weather and climate disasters so far this year that killed a combined 538 people and inflicted more than $100 billion in damage, according to the National Oceanic and Atmospheric Administration. The calamities that each …
Allstate Corp. plans to sell its headquarters building, marking the U.S. finance industry’s firmest endorsement yet of the desire to offer hybrid work after the pandemic. With many employees choosing to work remotely, the insurance giant will sell its offices …
A Missouri woman is suing GEICO after contracting a sexually transmitted disease in a car insured by the company. The woman, identified in District Court documents as M.O., had a sexual relationship with the insured, M.B., in late 2017 including …
North Carolina lawmakers hope a bill that creates a “regulatory sandbox” will spur innovation in the insurance and financial sectors in the state, particularly in the use of blockchain technology. The North Carolina House last week unanimously approved House Bill …
It may not come as much of a surprise to those who know about insurance and cannabis that the business is written mostly by the surplus lines market. Just how much is written there vs. the admitted market? Estimates range …
Richardson, TX, October 11, 2021 – Genesis Resources acquires Randall Hedlund and his myriad of Insurance expertise. Randall will be driving organizational change and process improvement across all Genesis brands while building interdepartmental success within Genesis and their partners. His …
