Auto-insurance startup Root Insurance Co. is completing a new round of capital raising that would value the company at $3.65 billion, a person familiar with the situation said.
New investors DST Global...
Many insurers remain under-reserved against the losses associated with long-term care (LTC) insurance, according to new analysis by Fitch Ratings.
"Exposure to the long-term care market remains a...
Small business owners have never been more satisfied with their insurance providers, according to the J.D. Power 2019 U.S. Small Commercial Insurance Study,SM. The all-time high satisfaction score of 844...
Businesses and organizations paid nearly two percent more in 2018 than they did in 2017 to cover the total cost of risk (TCOR), according to the 2019 Risk & Insurance Management Society (RIMS)...
Oscar Health reported an “underwriting profit” of $128 million and disclosed a key new reinsurance partner as the health plan prepares to expand deeper into the business of providing individual coverage...
Hannover Re can look back on a successful first half-year both in property and casualty reinsurance and in life and health reinsurance. The investments also continued to develop favourably despite the...
Chubb has launched its Overland Water Coverage offering to Canadian homeowner insurance clients. This newly-enhanced and expanded water risk management solution is designed to offer an add-on coverage for...
Great American Life is pleased to announce it received a Private Letter Ruling (PLR) from the IRS that changes the tax treatment of advisory fees.
The PLR was issued on August 6 and states that...
Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance, has announced that James Goodliffe has joined the firm’s Financial Risk Solutions (FRS) Multi-Buyer Trade Credit practice as Senior...
