Insurtech funding levels, reaching almost $4.4 billion in worldwide funding commitments through three quarters of the year, has already surpassed the 2018 full-year total, Willis Towers Watson announced Wednesday. According to the new Quarterly InsurTech Briefing published by the global …
Florida businesses can expect an even greater decrease in workers’ compensation insurance next year, thanks to an order by the state regulator for a further decrease to the recent rate filing proposed by the National Council on Compensation Insurance (NCCI). …
Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers compensation profit measures, according to a new report from Guy Carpenter. “Competition and change are the only certainties” for …
Climate change protesters outside a Manhattan courthouse this week expressed overwhelming support for New York’s landmark securities fraud lawsuit against Exxon Mobil, even if they weren’t entirely sure what the case was actually about. Several participants at a rally on …
A.M. Best plans to start assessing innovation as part of the credit rating methodology it uses to evaluate carriers in the first half of 2020, Chief Rating Officer Stefan Holzberger said. The initiative, disclosed earlier this year, won’t affect a …
San Francisco, Calif.-based Direct Connection Advertising & Marketing has named Kristen Nevins director of marketing and operations. Nevins joined the firm in 2018. She was previously at Scottsdale Insurance Co. (now Nationwide). Her most recent position was at a digital …
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has partnered with SecurIT360, a full-service security consulting firm, and The Crypsis Group, a cyber risk management firm, to offer all eligible cyber policyholders in …
A Miami university bridge that collapsed and killed six people last year showed significant design errors and should have been more carefully monitored by the state government because of the project’s complexity, federal officials said Tuesday. The National Transportation Safety …
A south Georgia city is putting a temporary halt to the opening of new vape shops. The Valdosta City Council approved a moratorium that puts permits for new vape shops on hold for the next six months. Council members cited …
Insurance adjusting firm CNC Catastrophe & National Claims has added George Kattermann as senior vice president of Claims Operations. He joins the team with more than 30 years of experience in catastrophe claims and business development. Kattermann began his catastrophe …
