May 1, 2020
Columbus, Ohio-based insurtech, Branch, has opened operations in Texas, the company’s fifth statewide expansion since launching in Ohio in August 2019. Branch says it is shaking up the insurance industry providing a way to bundle home and auto insurance in …
May 1, 2020
Sumit Dangi has joined the leadership team of Neenah, Wisconsin-based Jewelers Mutual Group as chief financial officer (CFO) and treasurer. Dangi comes to Jewelers Mutual from HSBC Global, where he was senior vice president and CFO. While in this role, …
May 1, 2020
The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most discounts are for personal lines auto customers, however …
May 1, 2020
Britain’s financial watchdog said on Friday it would urgently ask the courts to clarify uncertainty over whether businesses can claim compensation for disruption caused by the coronavirus pandemic. The Financial Conduct Authority (FCA) also told all insurers to assess whether …
May 1, 2020
COVID-19 cases at a JBS meatpacking plant in Colorado have more than doubled “in a number of days” and a sixth employee died of the virus, a union official said on Thursday, underscoring the risks of U.S. meat plants reopening. …
May 1, 2020
Pinnacol Assurance donated nearly $2 million to an array of funds that support businesses and workers in Colorado impacted by the COVID-19 pandemic. Through its philanthropic giving program, Pinnacol donated the following amounts to the following funds: $1 million to …
May 1, 2020
Willis Towers Watson is withdrawing its 2020 guidance due to the uncertainties caused by the COVID-19 pandemic. The broker said it will re-assess the guidance once it has a clearer understanding of the depth, duration, and geographic reach of the …
May 1, 2020
Berkshire Hathaway Inc.’s annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his cash-rich conglomerate may be to the coronavirus pandemic, and the investment opportunities it offers. …
May 1, 2020
Managing general underwriter Carbon Underwriting has received in-principle approval from Lloyd’s to launch a syndicate-in-a-box, Syndicate 4747. Carbon will start writing business, effective July 1, 2020, with stamp capacity of £15 million (US$18.4 million) in year one, estimated to rise …
May 1, 2020
EverQuote Inc., a Cambridge, Mass.-based online insurance marketplace, has hired Lee Bossio as executive vice president of Insurance Data Services. In this role, Bossio will focus on improving consumer experience by building integrated AI-driven solutions that connect insurance shoppers with …