Entrepreneurs Raise $13 Million to ‘Reinvent’ U.S. P/C Insurance with Peer-to-Peer Insurer December 8, 2015 By Andrew G. Simpson The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy. Two tech entrepreneurs have raised...
Obamacare Turns to Start-Ups to Boost Enrollment in Marketplaces December 8, 2015 By Justin Sink Two health-care startups will work with the White House to boost the number of Americans who obtain insurance through marketplaces...
Softening of P/C Commercial Markets, Including D&O, to Continue: Fitch December 8, 2015 U.S. commercial insurance market segments, including directors and officers (D&O) liability insurance, are continuing to soften and are likely to...
Cyber Insurance Underwriting Moves from ‘Toddler’ to ‘Teen’ As Insurers Learn from Claims December 8, 2015 By Stephanie K. Jones Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims...
Karen Clark Adds US Earthquake Reference Model to Modeling Platform December 7, 2015 Karen Clark & Company (KCC) has released a new US earthquake Reference Model as part of the RiskInsight open loss...
Former Liberty Mutual, Progressive IT Executive Ruzicka Joins Novarica December 7, 2015 Novarica, a Boston-based insurance technology research and advisory firm, reported that Chuck Ruzicka has joined the firm as a vice...
New Credit Card Chips Shift Liability to Retailers December 7, 2015 By Andrew Cohn On Oct. 1, 2015, many of the insurance industry’s clients took on a lot more risk, and may not even...
Supreme Court Lets Stand State, Local Bans on Assault Weapons December 7, 2015 By Greg Stohr A divided U.S. Supreme Court steered clear of a politically charged fight over gun rights, turning away a challenge to...
U.S. Hospitals Improve Patient Safety: Report December 7, 2015 By Andrew G. Simpson Fewer patients are dying from conditions acquired while staying in the nation’s hospitals, according to a new federal report. Statistics...
P/C Insurers Told ‘Fresh Approach’ Needed to Face Coming Disruption December 7, 2015 U.S. property/casualty insurers should expect disruptive changes in a number of areas in 2016, including technology, pricing, customer demand, and...