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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 9
LendingTree -
By leading with a human-centric model and weaving in technological advancements to improve the process, you're setting yourself up for success.
May 9
Boston Mutual Life Insurance Company -
The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers.
May 9 -
Heavy rains in Rio Grande do Sul, Brazil's southernmost state, left entire cities under water and shut down its main airport indefinitely.
May 9 -
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 -
The risk of state-sponsored cyberattacks and new legislation are changing the cyber risk landscape.
May 7
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AIG leadership changes and Ascot Group's head of U.S. excess casualty, plus more career moves.
May 7 -
Climate-related disasters rank as just one of the leading factors.
May 7 -
AI governance can help minimize potential risks from bias, help identify fraud and maximize benefits for customers.
May 6
Mind Foundry -
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 -
At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.
May 6 -
As elections may increase political violence, specialty insurance is crucial for businesses at risk of related damage or trade disruption.
May 5 -
Applying AI to insurance claims processing improves its predictive analytics, use of predictive models and control of costs.
May 5 -
Almost 80% of survey respondents were very dissatisfied with the current political climate.
May 5 -
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.
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