U.S. property and casualty insurers overall saw better underwriting results in 2023, but performance worsened in certain important business lines, according to an analysis by S&P Global Market Intelligence.
Author: Annie George
Berkshire Hathaway Reveals $6.7B Investment in Chubb Stock
Berkshire Hathaway Inc. has purchased nearly 26 million shares of Chubb Ltd. stock, totaling just over $6.7 billion, the company revealed in a regulatory filing.
U.S. Lawmakers Seek $32B to Keep American AI Ahead of China
A bipartisan group of senators, including Majority Leader Chuck Schumer, on Wednesday called on Congress to approve $32 billion in funding for artificial intelligence research to keep the U.S. ahead of China in the powerful technology.
New INSTANDA, UnderwriteMe Collaboration Enables Greater Scalability, Agility and Reach for Life Insurers
INSTANDA, the global provider of no-code insurance platform technology, today announces an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.
Gen Z Is Lying to Insurance Companies
Gen Z isn’t above lying to insurance companies to get better rates, and they feel the least guilty about it.
18 States Challenge EEOC Guidance on Harassment Based on Gender Identity
Tennessee — along with 17 other states — filed a lawsuit Monday against the U.S. Equal Employment Opportunity Commission, alleging the agency’s recently released harassment guidance unlawfully expands Title VII of the Civil Rights Act of 1964.
Berkley Service Professionals Announces New Manufacturers E&O Product
Berkley Service Professionals, a division of Berkley Alliance Managers, a Berkley company, specializing in professional liability insurance products for miscellaneous non-medical service professionals, announces the launch of their new Manufacturers E&O product.
Roamly Launches Open Platform ‘Roamly Carshare,’ with Getaround as Flagship Customer
Roamly, the leading API-enabled digital insurance platform, today announced the launch of its proprietary Carshare Insurance product designed specifically for commercial fleet vehicle operators.
WTW Announces Market First Facility for Cargo and War-on-Land Risks in Ukraine
WTW, a leading global advisory, broking and solutions company today announced a partnership with Ukrainian insurer, VUSO, to provide a London market backed facility covering cargo and, crucially, war-on-land risks.
IICF to Gather Industry Leaders for Five Regional Forums on Future of Work and Belonging
The Insurance Industry Charitable Foundation (IICF) will host the IICF Regional Forums throughout June in five cities for greater local participation.