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| | | | | | | IAA's Latest Whitepaper | | | | With a greater number of EVs on our roads by 2040, more and more of them will be available for resale and salvage. | | | | | | | | IAA, Inc. | | |
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| Today's Headlines | March 24, 2022 |
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Merger and acquisition activity in the insurance sector accelerated in 2021. That trend is expected to continue through 2022 as acquiring companies seek to enter new markets, access additional products that enable them to diversify their offerings and reduce operational costs (which provide a competitive edge by enabling insurers to offer lower prices to customers).... read more | | |
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| | | Advertisement | | |  | | | | Free Webinar featuring Michael DeGusta // April 6 | | | See how a flexible approach to insurance technology can help you grow your business in a time
where minor specialty lines (e.g., cyber, cannabis, flood) are re-emerging as major coverages. | | | | | | | | ClarionDoor |
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Last week, information services firm Verisk said it had taken steps that align with one investor's call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk promised several additional changes and publicly committed to a "pure-play" insurance path after the private equity firm D.E. Shaw said the previous steps were not... read more | | |
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After an absence of more than four years, the leading insurance publisher All Web Leads resumed selling its auto insurance inventory on the MediaAlpha platform in July 2020. In the months since, its return has made a big impact on both companies. With the addition ... read more | | |
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Berkshire Hathaway Specialty Insurance (BHSI) announced that Sanjay Godhwani has been named president, North America Region, and David Bresnahan will take on the role of global chief operating officer. Both were previously executive vice presidents at BHSI. "Sanjay and Dave have been pivotal in the building of BHSI since our launch in 2013, helping to... read more | | |
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Acrisure, the Grand Rapids, Mich.-based financial services and insurance brokerage firm, announced it is acquiring Volante Global, a multi-class, multi-territory international managing general agent (MGA). Headquartered in London with a presence in seven countries, Volante provides niche, specialist re/insurance products across a wide distribution network. Its 2021 premiums were approximately $350 million and are forecasted... read more | | |
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Shares in Okta Inc. fell 9 percent on Wednesday after the U.S. digital authentication firm said hundreds of its customers may have been affected by a security breach involving hacking group Lapsus$. The breach sparked concern as the cyber extortion gang had posted what appeared to be internal screenshots from within the organization's network roughly... read more | | |
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U.S. drillers and refiners will likely need to report estimated greenhouse gas emissions from the cars, trucks, planes and ships that use their fuel if a rule proposed by U.S. regulators on Monday passes later this year, according to industry analysts. Climate-conscious investors have long called for publicly traded companies to be transparent about the... read more | | |
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Two property/casualty insurers and two brokers were included within a list compiled by Ethisphere of the most ethical companies in the world. The 16th annual report from Ethisphere, a company that defines and measures corporate ethical standards and promotes best practices in corporate ethics, includes Allstate and The Hartford as well as Gallagher and Marsh... read more | | |
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Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been proposed by a leading shareholder for the role of chief executive in a challenge to incumbent Philippe Donnet. The top Italian insurer is facing a power struggle over its board composition at a shareholder vote... 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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| | Michael DeGusta (who started his career at Apple.com and later co-founded the ... read more | |
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