U.S. Agencies Split Over Cell Phone Cancer Risk November 6, 2018 By Lauran Neergaard and Seth Borenstein Two U.S. government agencies are giving conflicting interpretations of a safety study on cell phone radiation: One says it causes...
Confie Secures $220M Credit Facility for Continued Expansion November 6, 2018 Personal lines insurance broker Confie said it has closed on a new $220 million credit facility, led by Goldman Sachs...
Insurtech Profile: The Evolution of Slice and Future of Insurance November 6, 2018 By Andrew G. Simpson Insurtech Slice, which offers its own on-demand rideshare and homeshare products, now also provides cloud services for carriers wanting to...
AXA XL, Slice Labs Launch On-Demand Cyber Coverage for Small, Mid-Size Businesses November 5, 2018 Slice Labs Inc., an on-demand insurance cloud provider, and AXA XL, a division of AXA, have launched a new cyber...
Insurance Technologies Corp. Acquires Assurance Systems November 5, 2018 Texas-based Insurance Technologies Corporation (ITC), a provider of websites, marketing, rating and management software and services, has acquired Assurance Systems...
Kemper’s Strong Third Quarter Includes Infinity Results November 5, 2018 Kemper Corp. reported net income of $92.2 million for the third quarter of 2018, compared to $47.7 million for the...
Berkshire Hathaway Insurance Underwriting Gains in 3Q November 5, 2018 By Katherine Chiglinsky Berkshire Hathaway Inc.’s insurers dodged the worst of losses caused by Hurricane Florence as the businesses kept up their rebound...
Winning, Sharing, Trusting, Failing, Losing: 10 Insuretech Connect Takeaways November 5, 2018 By Andrew G. Simpson Pulling together some loose threads from October’s Insuretech Connect Conference, here are 10 takeaways: Innovation Rap. “I actually feel the...
States Urge Insurers to ‘Spread the Word’ on Flood Insurance to Boost Sales November 5, 2018 By Mark Hollmer It might be time for carriers and agents to encourage their clients to buy flood coverage even if they’re not...
Critics Say Bond Rating Agencies Ignore Municipalities’ Climate Risk November 5, 2018 By Christopher Flavelle Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change...