Cyber Seller Coalition Counters Insurtech Funding Dip, Raises $90 Million for Expansion May 21, 2020 By Mark Hollmer Coalition, an insurtech managing general agency focused on cyber insurance and security, disclosed it raised $90 million in new venture...
States Will Not Win in Mandating Coronavirus Business Interruption Coverage: S&P May 18, 2020 By Mark Hollmer Standard & Poor’s said it does not expect state legislators to succeed in their efforts to retroactively expand business interruption...
The Hartford Reports Q1 Net Income Drop; Minor Coronavirus Impact Thus Far May 4, 2020 By Mark Hollmer The Hartford’s 2020 first-quarter numbers are yet another example of the coronavirus pandemic not yet affecting underwriting results in a...
S&P Expects States to Lose Bids to Mandate Coronavirus Business Interruption Coverage May 4, 2020 By Mark Hollmer Standard & Poor’s said it does not expect state legislators to succeed in their efforts to retroactively expand business interruption...
How Chubb Is Navigating Coronavirus and Its Impact on Growth April 27, 2020 By Mark Hollmer Chubb Chairman and CEO Evan Greenberg insists his global P/C insurer has strong fundamentals, but warned at the same time...
Chubb Reports Q1 Net Income Drop; Sees ‘Meaningful’ Coronavirus Impact Ahead April 22, 2020 By Mark Hollmer Chubb said that the coronavirus pandemic’s effects on its bottom line were relatively benign in the 2020 first quarter. But...
Analysts See Auto Insurers’ Coronavirus Rebates As a Solid Short-Term Move April 16, 2020 By Mark Hollmer Auto insurers have seen something new with the coronavirus pandemic: an historic reduction in driving due to millions of customers...
New Argo Group CEO Rehnberg Aims for Transparency and Straight Shooting March 31, 2020 By Mark Hollmer Argo Group had been under fire for months over allegations that its board spent excessively on executive compensation when Kevin...
Chubb Investigating Possible Cyber Attack; Says Network Unaffected March 27, 2020 By Mark Hollmer Chubb confirmed that is looking into a possible hack attack, though a spokesperson said the insurance giant’s network appears at...
Lemonade Starts Fund to Encourage Socially Positive Use of AI, Data and Technology March 5, 2020 By Mark Hollmer Digital insurer Lemonade has established a nonprofit foundation designed to promote the use of AI, data and software to build...