Insurers Begin to Offer Cryptocurrency Theft Cover, Tackling Risks of Growing Sector February 1, 2018 By Suzanne Barlyn Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than...
Personal Auto Insurance Business Performed Better in 2017: A.M. Best February 1, 2018 The underwriting profitability of the U.S. personal auto line showed signs of improvement in 2017 as rate hikes have been...
Insurtech Slice Wants to Rent Its On-Demand Platform to Others to Launch Products February 1, 2018 By Mark Hollmer Slice Labs, the developer of on-demand, pay-per-use insurance for homeshare companies and others, has started offering use of the platform...
New Cannasure Program to Offer All Coverage Lines to Cannabis Industry February 1, 2018 By Amy O'Connor Cannasure Insurance Services, an cannabis insurance MGA and wholesale broker, is launching a new comprehensive coverage program for the cannabis...
Risk Theory Launches Auto Service, Repair Garage Program January 31, 2018 Risk Theory, LLC, underwriter for a nationwide dealer open lot program for independent agents, has launched a new garage package...
Alfa Names Chancey P/C Insurance Operations Chief January 31, 2018 Alfa Insurance has promoted Beth Chancey to senior vice president of the company’s Property & Casualty Operations effective Feb. 1....
Court Upholds Consumer Financial Bureau Structure Over Trump, Business Complaints January 31, 2018 By Andrew Harris, Bloomberg The Consumer Financial Protection Bureau director’s job regained a measure of security Wednesday when a U.S. appeals court said the...
Allianz Acquires Liberty International’s U.S. Product Recall Business Renewals January 31, 2018 Allianz Global Corporate & Specialty (AGCS) is acquiring the renewal portfolio of Liberty Mutual Insurance’s U.S. product recall and special...
Chubb Records Solid Q4 and Year Despite Catastrophe Losses January 31, 2018 Chubb had a solid last quarter of 2017 and year even though challenged by wildfire and other catastrophe costs. Fourth...
Casualty Catastrophe Modeler Praedicat Raises $6 Million January 31, 2018 Praedicat said it has completed a $6 million, early-stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use...