With a Few Exceptions, Personal Insurance Shopping Subdued in Q2 2022 August 25, 2022 Auto insurance shopping was down 3% overall in Q2 2022 compared to Q2 2021. That trend was primarily driven by...
Amazon Keeps Growing, and So Does Its Cache of Data on You August 25, 2022 By Haleluya Hadero From what you buy online, to how you remember tasks, to when you monitor your doorstep, Amazon is seemingly everywhere....
State Farm to Pay $100 Million to Federal Government for Hurricane Katrina Claims August 25, 2022 By Chad Hemenway State Farm Fire and Casualty Co. and two former claims-adjuster sisters, who more than 16 years ago filed a lawsuit...
Weather Whiplash: Summer Lurches From Drought to Flood August 25, 2022 By Seth Borenstein Parts of northern Texas, mired in a drought labeled as extreme and exceptional, are flooding under torrential rain. In a...
US Pandemic-Era Inflation Mostly Driven by Demand Surge, NY Fed Study Finds August 24, 2022 By Jonnelle Marte The majority of US pandemic-era inflation came from a surge in demand, but supply-chain constraints stoked it further, Federal Reserve...
‘Hating ESG’: Advocates Are Looking to Replace the Label August 24, 2022 By Saijel Kishan and Frances Schwartzkopff A number of sustainable investing champions say it’s time for the “ESG” label to be shelved and replaced by something...
Man-Made Crises Threaten P/C Markets, Says Joint Report From Trade Associations August 24, 2022 By Chad Hemenway Several insurance industry trade associations used the 30th anniversary of Hurricane Andrew – a storm that upended and transformed insurance...
InsurTech Founders Say Launching an MGA Means Learning to Juggle August 24, 2022 By Elizabeth Blosfield Any founders considering launching an InsurTech MGA should learn how to juggle, panelists said during a discussion hosted by Socotra...
Twitter Misled Regulators on Hackers and Spam, Whistleblower Claims August 24, 2022 Twitter Inc. misled federal regulators about its defenses against hackers and spam accounts, the social media company’s former security chief...
Small Business Satisfaction With Commercial Insurers Resurges: J.D. Power August 24, 2022 A toxic combination of business disruption and economic uncertainty strained the relationship between small businesses and their commercial line insurers...