Many Insurtechs Exit the Marketplace, and Other 2023 Predictions From Forrester December 6, 2022 By Chad Hemenway More than a quarter of insurtechs will leave the insurance marketplace in 2023 – just a couple years after investments...
Hertz to Settle Most False-Arrest Claims for $168 Million December 6, 2022 By Steven Church Hertz Global Holdings Inc. will spend $168 million to settle hundreds of claims that it falsely reported rental customers to...
Global P/C Insurance Outlook Now Negative: Moody’s December 6, 2022 High claims inflation and rising reinsurance costs are among the factors that prompted analysts at Moody’s Investors Service to change...
Viewpoint: It’s A Wonderful Life’s Lessons Ring True in BlockFi Bankruptcy December 6, 2022 By Jonathan Reid Reich We are heading into the holiday season. It’s a Wonderful Life will be on television. And cryptocurrency bankruptcies will be...
People Moves: Hartford Chief Sustainability Officer; Amwins New Transportation Role; Deputy Exec Director at Coalition Against Insurance Fraud; Chubb Names N.A. Financial Lines President December 5, 2022 The Hartford Names Shields Chief Sustainability Officer The Hartford has appointed Terence Shields to the newly created role of chief...
Call to Phase Out ‘Forever Chemicals’ Gains Investor Momentum December 5, 2022 By Simon Jessop Investors managing $8 trillion in assets have written to the world’s biggest chemicals companies urging them to phase out the...
The Future of Insurance: PLUS Conference Recap December 5, 2022 By Jahna Jacobson Technology is on everyone’s mind. Whether it’s using big data, AI or tackling the world of cybersecurity, technology tops the...
Sanitizer Spat Entangles Members of American Dream Mall’s Ghermezian Family December 5, 2022 By Elise Young The Ghermezian family is best known for owning some of the world’s biggest shopping complexes, including New Jersey’s American Dream...
U.S. Supreme Court Hears Arguments Over Anti-Gay Marriage Web Designer December 5, 2022 By Andrew Chung and Nate Raymond The U.S. Supreme Court on Monday began hearing arguments in a major case pitting LGBT rights against a claim that...
Lapsus$ Hacking Group Will Be Focus of DHS Cyber Review Board December 5, 2022 By William Turton The Department of Homeland Security’s Cyber Safety Review Board said it will study the Lapsus$ hacking group, which has been...