Slice Labs Inc., a technology startup featuring an on-demand insurance platform for people who share or rent their homes, is now offering its pay-per-use insurance coverage on a limited basis in five additional states: Colorado, Maryland, Massachusetts, Texas and Washington. …
State Farm joined the ranks of property/casualty insurers reporting challenges in their auto insurance line of business. State Farm said it lost $7 billion on its auto insurance underwriting in 2016. The State Farm property/casualty (P/C) companies reported an overall …
Marketers love to bundle products and for good reason. Bundling encourages consumers to buy more. However, new research suggests that it’s not quite that simple. While bundling gets buyers to buy more, it can also make them less willing to …
“Looking for a professional agent in the Chicago area who is in good financial shape, wants a long-term relationship, and is seriously into habitational risks. Must be Cubs fan.” Welcome to match.com for the property/casualty insurance industry. The insurance data …
A national consumer group has charged that innocent drivers in most states are being forced to pay more for auto insurance for accidents in which they are not at fault. The report from the Consumer Federation of America (CFA) further …
A national consumer group has charged that innocent drivers in most states are being forced to pay more for auto insurance for accidents in which they are not at fault. The report from the Consumer Federation of America (CFA) further …
Markel Corp. ended 2016 with a drop in net income and increase in the combined ratio, with Hurricane Matthew and the Canadian wildfires to blame for higher catastrophe losses. At the same time, the insurer experienced gains in premium and …
The U.S. Equal Employment Opportunity Commission (EEOC) said it resolved 97,443 charges of employment discrimination in fiscal year 2016 and secured more than $482 million for victims of discrimination in private, federal and state and local government workplaces. Charges of …
CNA reported fourth quarter and full year 2016 results, with its new CEO indicating that while there is a strong foundation at the insurer, the company has work to do in improving underwriting discipline and results and that is his …
Munich Reinsurance America has created a new strategic position in its Reinsurance Division to help clients seize opportunities resulting from the rapidly developing field of insurtech. Robert Mozeika will assume the new role as innovation executive. Steve Levy, president, Reinsurance …
