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Research by ACORD covering 10 years of M&A activity by insurance carriers found that property and casualty deals did best at deriving value, while life insurers saw the most value destruction from mergers.
May 12 -
There's temporary leeway on formal compliance with replacement-cost value requirements in order to sort out insurer concerns with a recent re-emphasis on them.
May 10 -
Electric vehicles have less data available and higher repair costs.
May 9LendingTree -
By leading with a human-centric model and weaving in technological advancements to improve the process, you're setting yourself up for success.
May 9Boston Mutual Life Insurance Company -
What began out of frustration with waiting to be verified to buy a car turned into an insurtech startup that now serves most of the U.S. for both auto and home insurance verification.
May 8 -
Peter Diamandis opened this year's RISKWORLD event with a keynote address that identified four mega-trends impacting insurance over the next six years.
May 8 -
Insurance companies applying AI to handle claims functions are seeing changes for both their staffs and policyholders.
May 6 -
Berkshire Hathaway Inc.'s cash pile hit yet another record as billionaire investor Warren Buffett confronted a dearth of big-ticket deals. Operating earnings also rose, buoyed by his collection of insurance businesses.
May 6 -
There were about 39 funding events in the insurtech sector in April, according to a review by Digital Insurance.
May 6 -
As elections may increase political violence, specialty insurance is crucial for businesses at risk of related damage or trade disruption.
May 5