Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of...
Markets/Coverage News
Ratings for the U.S. property/casualty industry returned to pre-pandemic levels with some companies strengthening balance sheets and improving operating results,...
Allstate Corp. said fourth quarter 2021 net income plummeted 50% compared to results of the prior year quarter as auto...
Chubb reported fourth quarter 2021 net income of $2.1 billion, a decrease of 11.5% compared to the same period the...
Automaker Toyota’s insurance arm has begun selling its first branded insurance coverage, Toyota Auto Insurance, in Arizona, Illinois, Indiana, Ohio...
Insurer Chubb’s new digital platform Blink is partnering with its first insurance carrier to offer cyber insurance to military families....
Mobility insurtech VOOM and specialty insurer Markel have teamed up to launch a per-mile insurance offering for motorcycles in select...
General Motors Co. plans to offer subscriptions for its Onstar Guardian security services to anyone in the United States or...
Evertas, a cryptoasset insurance company, said it has raised nearly $5.8 million in seed funding, which it will use to...
Global insurance broker Brown & Brown has consolidated its broad wholesale operations under one brand name, Bridge Specialty Group. As...