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Today's Headlines | March 2, 2022 |
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As the world enters the third year of the pandemic, employees in the insurance industry expect to maintain workplace flexibility—a hybrid model—even after COVID-19 infection rates dwindle to safe levels. Now companies will have to navigate this new environment—to find how to maintain employee morale and loyalty while continuing to innovate and attract and new... read more | | |
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Brokerage Hub International and InsurTech Bold Penguin have agreed to acquire digital agency Insureon Holdings. Chicago-based Insureon calls itself the top independent marketplace for online delivery of small-business insurance. It was one of the original InsurTechs launched to serve small-business owners who wanted to buy coverage online. Pending the closings of two separate transactions, Hub,... read more | | |
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Third-party tracking cookies have been declining in efficacy for several years now, and they'll likely become all but obsolete by January 2022. That's the deadline for when Google plans to shut down support for third-party cookies in its Chrome browser, a move that will follow ... read more | | |
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American International Group said it is committed to achieving net-zero greenhouse gas emissions across its global underwriting and investment portfolios by 2050. AIG already made a commitment last year to achieve net-zero GHG emissions within its operations by 2050 and is planning to use 100 percent renewable energy for its operations by 2030. "AIG is... read more | | |
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Liberty Mutual Insurance said it completed the all-cash deal of about $1 billion for super-regional insurer State Auto Group. The transaction was originally announced in July 2021. Now that it gained all required regulatory approvals, Liberty Mutual said it adds $2.3 billion in premiums and becomes the second-largest carrier in the independent agent channel with... read more | | |
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SPONSORED BY: Korem Over-pricing policies could trigger the loss of high-quality, lower risk customers, while underpricing may cause high-risk and low margin customers to be retained. More accurately and efficiently identifying policyholders is critical to maintaining a healthy and balanced book of business. This free webinar on Geospatial Technology explains how to integrate geoprocessing solutions into... read more |
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Climate change is already disrupting billions of lives and humanity is not doing enough to limit the suffering, the United Nations climate science panel warned in a major report on Monday. Noting that nearly half the world's population was already vulnerable to increasingly dangerous climate impacts, the report calls for drastic action on a huge... read more | | |
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A burnt-out cargo ship carrying thousands of luxury cars, including Porsches and Bentleys, sank on Tuesday off the Portuguese Azores archipelago nearly two weeks after it caught fire, a port official said. Joao Mendes Cabecas, the captain of the nearest port on the island of Faial, told Reuters the Panama-flagged Felicity Ace had sunk as... read more | | |
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Swiss Re Corporate Solutions and The Hartford entered into a strategic agreement that expands The Hartford's network of global partners, giving the company's multinational customers broader access to insurance coverage around the world. This collaboration supports The Hartford's service commitment to its international customers. In countries where The Hartford will use Swiss Re carriers to... read more | | |
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Cowbell Cyber, an AI-powered cyber insurance provider for small-to-medium enterprises (SMEs), has appointed Kara Owens as its first chief insurance officer. She will oversee reinsurance partnerships, risk and portfolio management and drive new product development and innovation. Owens' prior positions include global executive underwriting officer for Cyber and ESG at Markel Corporation, global head of... read more | | |
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| Join Us Wed. April 6 at 10 am PST, 1pm EST In just the last decade, we are ... 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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| Join us on Wed. March 9th, 10 am PST, 1 pm EST Over-pricing policies could ... 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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| This must-read white paper illuminates the role technology plays in solving two ... read more | |
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