MetLife Looks to Sell P&C Auto and Home Insurance Business: KBW Analysts September 20, 2020 By Andrew G. Simpson MetLife is pursuing a sale of its property/casualty auto and home insurance business, according to a report by analysts following...
Federal Judge Dismisses Florida Dentist’s Coronavirus Business Interruption Claim September 4, 2020 By Andrew G. Simpson A federal judge in Florida has dismissed a suit for business interruption insurance payments by a Florida dentist who claimed...
Insurance Plays Key Role in Civil Rights Settlements Against Law Enforcement September 2, 2020 By Andrew G. Simpson Municipalities, their insurers and risk pools should be heeding the current public re-examination of police and prosecutorial actions taking place...
Why Some Organizations Are Managing Coronavirus Risk Better Than Others September 1, 2020 By Andrew G. Simpson While few, if any, organizations saw the coronavirus pandemic and all of its death and disruption coming, some were better...
China Reinsurance Group’s Premiums Rise 20% in First Half September 1, 2020 By Andrew G. Simpson In the first half of 2020, China Re Group Corp. enjoyed rapid growth in premiums and steady profitability despite the...
Uber Vows Better Disclosure of Safety Data on Self-Driving Cars August 31, 2020 By Andrew G. Simpson Uber Technologies Inc. vowed to make public more safety information regarding its self-driving cars after the National Transportation Safety Board...
Teens and Seniors More Likely to Drive Less Safe Cars August 27, 2020 By Andrew G. Simpson Teen drivers and drivers 65 years and older – two age groups at a higher risk of being involved in...
Analysts Warn of Effects of Hurricane Laura Losses on P/C Insurers August 27, 2020 By Andrew G. Simpson Ratings analysts A.M. Best and Moody’s are expecting property/casualty insurers and reinsurers to suffer meaningful losses from Hurricane Laura. A.M....
P/C Insurance First-Half Underwriting, Net Income Drops Tied to COVID August 27, 2020 By Andrew G. Simpson U.S. property/casualty insurance underwriting income dropped 5.5 percent in the first half of 2020 versus the same period last year....
Alphabet’s Verily to Launch Insurer Focused on Employer Medical Stop Loss Market August 25, 2020 By Andrew G. Simpson San Francisco-based Verily, an Alphabet company, is creating a subsidiary, Coefficient Insurance Co., to compete in the medical stop loss...