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Global insurance, editors' picks

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Essential IR Insights Newsletter - June 2023

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A sustainable tomorrow starts with actionable intelligence today.

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Global insurance, editors' picks

Editors' picks for the week include the latest ESG Insider newsletter and a story on Progressive's mammoth ad spending.

Top-line headwinds evident as California's State Fund reports Q1 premium drop

The State Compensation Insurance Fund increased its share of the California workers' compensation market in 2018, but its top-line momentum appears to be short-lived.

ESG Insider: Smart speaker data under fire; gender pay gap fixes heat up

Silicon Valley is facing a slew of questions over the smart speaker systems that have become big business for technology giants such as Amazon.com Inc. and Google LLC.

Cyber, data and tech can be a double-edged sword for insurance bosses

The dual nature of technology as both opportunity and threat to the insurance field is among the main things that a quartet of insurance CEOs said can "keep them up" at night.

Citizens seeks to spend up to $110M on traditional catastrophe reinsurance cover

Citizens Property Insurance Corp. officials plan to outline during a board meeting a $1.58 billion program of risk transfer to the global reinsurance and capital markets for the 2019 hurricane season.

Progressive passes $1B mark in advertisement spending for 1st time

Progressive Corp.'s spending on advertising skyrocketed in 2018, topping the $1 billion mark for the first time in company history.