Fed Leader Says ‘Pernicious’ Effects of Redlining Against Blacks Still Persist September 21, 2020 By Howard Schneider The “pernicious and persistent” impact of long-outlawed policies like “redlining” Blacks out of white neighborhoods continues to influence the ability...
How Insurance Industry Might Respond if a Pandemic Is an Act of Terror September 21, 2020 By L.S. Howard Imagine a scenario where COVID-19 was manufactured in a lab and was released as an act of terror. Tracey Gibbons,...
Startups Developing Technologies to Clean Air in Workplaces of Coronavirus September 21, 2020 By Larissa Zimberoff Smithfield Foods Inc. thought it was doing great. In the first quarter of this year, the pork giant’s earnings were...
USI, Crum & Forster Offer Cyber Coverage to Bar Association Law Firms September 21, 2020 USI Affinity and the American Bar Association (ABA) have partnered with Crum & Forster to offer a cyber liability insurance...
MetLife Looks to Sell P&C Auto and Home Insurance Business: KBW Analysts September 20, 2020 By Andrew G. Simpson MetLife is pursuing a sale of its property/casualty auto and home insurance business, according to a report by analysts following...
Next Funding Round for Next Insurance May Double Insurtech’s Valuation to $2.25 Billion September 20, 2020 By Gillian Tan and Katie Roof Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about...
Is It Covered? Frozen Pipes. September 18, 2020 By Bill Wilson This “Is It Covered?” column will examine two real-life claims from the Dakotas involving frozen pipes – one personal lines...
Great American, VGM Insurance Launch Golf & Country Club Program September 18, 2020 Great American Insurance Group’s Alternative Markets Division has launched a new program for golf and country clubs across the United...
InsureTech Connect Delays Virtual Conference Until October for Networking Signups September 18, 2020 By Mark Hollmer Four days before it was scheduled to go live, organizers of the popular annual insurance and technology conference, InsureTech Connect,...
NFIP’s Flood Losses Expected to Be ‘Significant’ from Hurricane Sally: AM Best September 18, 2020 Hurricane Sally is not expected to cause a major insurance loss – compared to events such as the ongoing wildfires...