There were 63 insurtech investment deals worth nearly $1.6 billion in the 2018 fourth quarter, according to a new Willis Towers Watson report. That’s a 24 percent jump in deal count compared to the 2017 fourth quarter, and funding volume …
Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They’re generally happy with their business insurance. Each owns a business at the downtown pedestrian mall in Charlottesville, Va. They’re all in their early 30s …
National MetLife has named Darla Finchum as head of the company’s U.S. property/casualty business, MetLife Auto & Home. Finchum had been serving in this role on an interim basis since last August. She will be responsible for growth and management …
Court Says Only Congress Can Extend the ADEA in Ruling Involving 58 Year Old Law Firm Job Seeker A divided U.S. appeals court has dealt a setback to older job applicants, saying they cannot invoke a federal law against age …
Mistakes happen. After all, we are human. That is why insurance agencies have agency errors and omissions (E&O) coverage. Even with the support of E&O coverage, an E&O claim can take its toll on the people involved and the agency. …
New research suggests that drivers who use hands-free electronic devices, as opposed to handheld ones, are not increasing their risk of getting into a crash. According to the research from Virginia Tech Transportation Institute, with hands-free technology, drivers can make …
Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis Towers Watson. In the …
Why family farms dance between the line of personal and commercial coverage Nowhere is insurance more complicated than when you mix two exposures that don’t “traditionally” go together, like business and personal exposures. The original family business is the family …
Idling in a long highway line of slowed or stopped traffic on a busy highway can be more than an inconvenience for drivers and highway safety officers. It is one of the most vulnerable times for “secondary accidents,” which often …
Whenever agency principals get together, the topic of agency valuations is sure to come up. Someone will start talking about an agency that sold at an unbelievably high multiple. Pretty soon, everyone’s nodding their head and saying there’s a killing …
