New You can now listen to Insurance Journal articles!Though insurers do a good job attracting new customers shopping for policies via their digital channels, they fall short when it comes to servicing existing customers, a new industry report shows. Overall satisfaction with the P&C shopping experience is up 22 points – to just 521 […]
Category: INSURANCE
New You can now listen to Insurance Journal articles! Four people were injured when a crane partially collapsed at a construction site in Atlanta, police said. Police and firefighters rushed Monday to the site in the city’s Midtown area. The four people who were hurt were taken to a hospital with injuries that did […]
[ad_1] AXA Venture Partners announced a new €1.5 billion ($1.6 billion) late-stage fund to invest in European and North American tech startups, targeting companies that expect to go public within three to four years. French insurance company AXA SA, AVP’s biggest source of capital, plans to make a €750 million anchor investment, the fund said […]
[ad_1] New You can now listen to Insurance Journal articles! An Alabama couple has been arrested after authorities said they dumped oil over 33 miles of road around Decatur, in the northern part of the state. The news outlet AL.com reported that crews in Lawrence County had to spread 37 tons of sand and expend […]
[ad_1] New You can now listen to Insurance Journal articles! Meta Platforms Inc started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles. Meta in March became the first Big Tech […]
[ad_1] New You can now listen to Insurance Journal articles! An analysis from S&P Global Market Intelligence found that the finger can be pointed at personal lines carriers for most of the property/casualty industry underwriting red ink during the first quarter. The U.S. P/C industry posted its first and largest net underwriting loss – $7.34 […]
[ad_1] New You can now listen to Insurance Journal articles! The Texas Windstorm Insurance Association Board of Directors met in Austin Tuesday to finalize financial preparations for the 2023 storm season. The Board previously established $4.5 billion as the association’s 1:100 probable maximum loss for 2023. In April, the Board approved total funding of that […]
[ad_1] CABOT, Ark. (AP) – Two teenagers have died after being struck by a train while walking on the tracks near a park in a central Arkansas town. Liam Harrison and Charlie Elliott, both 16, died in Cabot on Saturday evening, police told local news outlets. Officers said they found one of the dead teens […]
[ad_1] New You can now listen to Insurance Journal articles! The White House said on Tuesday it would ask workers how their employers use artificial intelligence (AI) to monitor them, as it allocates federal investments in the technology, which is expected to change the nature of work. The White House will hold a listening session […]
[ad_1] Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire Kentro Capital Ltd. in the UK. The transaction is expected to close in the fourth quarter of 2023, subject to certain closing conditions, including the receipt of required regulatory approvals. Financial terms of the deal were […]