Pie Insurance, an online seller of workers’ compensation policies to small-and-medium-sized businesses, reported it has completed an $11 million Series A funding round. The company, a full stack managing general agent (MGA) operation, currently offers its online buying process that …
G2 Insurance Services has partnered with Urgent.ly, a global, digital roadside assistance platform, to offer roadside assistance services to G2’s high net worth clients. G2’s Personal Risk Management clients will be assigned a dedicated phone number that will allow access …
After a disappointing second quarter, AIG CEO Brian Duperreault restated his pledge that the struggling insurer would reach an underwriting profit after 2018. He also cautioned that the road to profitability will continue to be a bumpy one. “It’s not …
A divided federal appeals court on Thursday ordered the U.S. Environmental Protection Agency to ban a widely-used pesticide that critics say can endanger children and farmers. The 2-1 decision by the 9th U.S. Circuit Court of Appeals in Seattle overturned …
Swiss Re Corporate Solutions has named Chris Grabowksi as head of Middle Market Casualty, responsible for overseeing a team of middle market underwriters across North America and working with brokers and clients. Based in Chicago, he succeeds Diane Link, who …
Conditions in the ocean and the atmosphere are producing a less active Atlantic hurricane season than initially predicted in May. Forecasters with NOAA’s Climate Prediction Center said the likelihood of a below-normal Atlantic hurricane season is now 60 percent, up …
Former U.S. Securities and Exchange Commission chairman Arthur Levitt and former Federal Deposit Insurance Corp. chair Sheila Bair have joined the board of advisors of cryptocurrency trading platform Omniex, the company said on Tuesday. Omniex also said it had hired …
The nightmare scenario for computer security – artificial intelligence programs that can learn how to evade even the best defenses – may already have arrived. That warning from security researchers is driven home by a team from IBM Corp. who …
Drone inspection company Betterview has released Property Profile – a new way to get a deep understanding of the characteristics and risks of a property and its roof. Betterview’s Property Profile uses satellite & aerial imagery, along with a growing …
After three banner years, the U.S. workers compensation market will face increasing pricing pressure and an erosion in results heading into next year. That means 2019 will be closer to a break-even combined ratio rather than a profitable one, Fitch …
