Addressing the various insurance executives in attendance, Carnegie-Brown said the event was a probability to sit up for a hopeful future while looking back on what he called a “cherished” life. “[The Lutine Bell’s] note provided a moment for us all...
Guidewire, an answer ecosystem for the property-casualty industry, and Earnix, a provider of real-time rating, analytical underwriting, dynamic pricing, personalization and telematics services for the insurance industry, have announced a collaboration to facilitate faster adoption and increased ongoing performance of their...
AXA announced it has accomplished the sale of its Singapore operations to HSBC for US$529 million. HSBC Insurance (Asia Pacific) Holdings Ltd., an indirect wholly-owned subsidiary of HSBC Holdings plc, accomplished the acquisition of 100% of the issued share capital of...
TypTap, a five-year old Florida-based author of personal market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners. The corporate plans to make use of the cash to expand nationally. TypTap said it has obtained...
It’s necessary for people living in earthquake-prone areas to do not forget that standard homeowners and renters insurance don’t cover most earthquake damage. For that reason, Janet Ruiz, Triple-I’s California-based director of strategic communication, advises people within the state to think about buying a...
Data is each a present and a curse. Across all industries, corporations have more information at their fingertips than ever before. Yet not all organizations have the infrastructure or tech-savvy resources needed to efficiently exchange and unlock the advantages of all...
Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. were ordered to pay a complete of $650 million over their failure to properly monitor opioid prescriptions in Ohio, within the drug industry’s latest setback within the sprawling litigation over the...
If the past two years have taught us anything, it’s that anything can occur. There are dozens of unexpected possibilities that might leave what you are promoting financially liable or could otherwise discourage guests from returning. And within the restaurant industry,...
India’s cabinet approved on Saturday a policy amendment allowing foreign direct investment of as much as 20% in Life Insurance Corp of India (LIC), a government source said, a change aimed toward easing the listing of the state-run insurer. India’s biggest...
Insurers must plug data gaps to be higher prepared for the impact of climate change on their operations and further work could also be needed on how much capital they need to hold, the Bank of England (BoE) said on Wednesday....