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| | | | | | | IAA's Latest Whitepaper | | | | The future of EVs is upon us. What can we expect as they begin to take up a larger share of the vehicle ecosystem? | | | | | | | | IAA, Inc. | | |
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| Today's Headlines | March 14, 2022 |
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If the traditional in-office, nine-to-five workday led to employee burnout, many say the virtual work environment proliferated during the pandemic is leading to another type of exhaustion: Zoom fatigue. This is tiredness or anxiety brought on by the overuse of virtual platforms such as video conferencing, and Itai Ben-Zaken, co-founder and CEO of real estate... read more | | |
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InsurTech MGA Loadsure announced that it closed its $11 million Series A funding round, led by MMC Ventures. Other investors included Crowley, a global maritime, energy and logistics company, and existing investor InsurTech Gateway. Loadsure, which delivered the industry's first transactional cargo insurance platform and automated claims process, plans to rapidly scale its organization to... read more | | |
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The insurance industry is riding a wave of insurtech and other digital advancements because there is a dire need to transform manual processes that have long hampered carriers, MGAs, agencies, and their producers. And, if you thought you could ostrich-in-the-sand away from the tech revolution ... read more | | |
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Berkshire Hathaway Inc. on Friday urged the rejection of four shareholder proposals recommending that it replace Warren Buffett as chairman, report on its plans to handle climate risk and reduce greenhouse gases, and improve diversity. The company, run by Buffett since 1965, also said the 91-year-old received $373,204 in compensation for 2021, down from $380,328... read more | | |
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SiriusPoint Ltd., a global insurer and reinsurer, announced it has entered into a strategic partnership with Mosaic Insurance. SiriusPoint will invest in Mosaic to support growth, provide underwriting capacity to Mosaic's syndicated capital program, and provide access to global licenses and infrastructure through a fronting arrangement. Sid Sankaran, chairman and chief executive officer of SiriusPoint,... read more | | |
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Hackers working on behalf of the Chinese government broke into the computer networks of at least six state governments in the United States in the last year, according to a report released Tuesday by a private cybersecurity firm. The report from Mandiant does not identify the compromised states or offer a motive for the intrusions,... read more | | |
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State Farm said Thursday that metal thieves in search of platinum, rhodium and palladium are stealing catalytic converters in ever-greater numbers, sending auto-insurance claims soaring across the U.S. Last year, State Farm paid $62.6 million for 32,265 catalytic converter theft claims nationally—a 1,173 percent increase from 2019. "It's the metals in general that are valuable,"... read more | | |
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Chubb has expanded its commercial leadership team with the appointment of Ketan Vaidya as division president of North America Small Commercial Insurance. Vaidya will report to John Lupica, vice chairman, Chubb Group and president of North America Insurance. He will also work closely with Chubb's Digital Business teams with matrix reporting to Sean Ringsted, executive... read more | | |
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| | In just the last decade, we are seeing a historic shift in the insurance ... read more | |
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| | Today, there are four major forces that are putting pressure on the property ... read more | |
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| | This must-read white paper illuminates the role technology plays in solving two ... read more | |
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| | Recent studies indicate that consumers are willing to switch insurance ... read more | |
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| | A 2020 U.S. P&C insurance performance analysis performed by EY showed that ... read more | |
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