Finance

Assured's controlling vote is "important to investors who were reassured to hear that there would be a large sophisticated party with a significant economic interest in the success of the project," the insurer said.

The Biden Administration's title waiver pilot has started a broader discussion on whether the product is worth the money paid or even needed at all and can be replaced by an alternative.

Extreme weather could aggravate growing property insurance pressures on governments.

The conglomerate reported fourth-quarter operating earnings of $8.48 billion on Saturday, versus $6.63 billion for the same period a year earlier, helped by an increase in insurance underwriting earnings and investment income amid higher interest rates and milder weather.

The home maintenance and management company Fixle, incubated by American Family, will retain the support of the insurer's venture capital arm as a minority investor.

February 5 is the last day to apply. Finalists will present at the group's March conference and compete for product and service prizes.

Financial institutions move slowly but they respond with greater urgency when there's a consequence to not adopting technology.

Athene, an Apollo unit, is one of several insurers ramping up their participation in net asset value financing, an increasingly popular form of borrowing for private equity funds that need liquidity amid a tough market for cashing out holdings

Also, rising claims and risky driving create an uncertain road for auto insurers.

Brittany Clements, managing director at American Family Ventures (AFV), the venture capital arm of insurer American Family, spoke about how the fund evaluates insurtech startups to back or partner with, and partnership and disruption trends.