Mark Hollmer
Insurance Journal
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Past articles by Mark:
Despite Mitigation Efforts, Cyber Attacks and Rate Hikes to Continue in 2022
As dramatic as escalating ransomware attacks and rapidly climbing cyber insurance rates have been in 2021, both trends will continue to be a nuisance in → Read More
Heading Into 2022, P/C Insurers Face ‘Massive’ Political Risks, Economic Uncertainty
Property/casualty insurers head into 2022 facing "massive" political risks, an expert with the Insurance Information Institute said on Dec. 2. Economic → Read More
Lemonade to Acquire Auto Insurer Metromile in Merger of Insurtechs
Digital insurer Lemonade plans to acquire California-based pay-per-mile auto insurance startup Metromile in an all-stock transaction as it continues to → Read More
How Regulation, Technology Know-How Are Delaying Embedded Insurance’s Full Potential
Embedded insurance has made substantial gains in 2021, but the technology faces regulatory and other roadblocks that could postpone its full potential, a → Read More
Government Can and Should Help Reduce Cyber-Security Risks: ITC Highlights
It's no secret that cyber insurance rates keep rising into the stratosphere. But the U.S. government can take specific actions to help reduce risk and → Read More
Chubb CEO Greenberg Says Some Insurtechs Are More About Hype Than Transformation
Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently before an audience of → Read More
Chubb’s Digital Platform Blink Partners With USAA on Cyber Insurance
Insurer Chubb's new digital platform Blink is partnering with its first insurance carrier to offer cyber insurance to military families. The arrangement → Read More
Cyber Insurer Coalition Raises $205M
Coalition, a San Francisco-based cyber insurance and security company, has already been focused on rapid growth. Its new $205 million venture capital → Read More
Writing Cyber Is Key to Survival, Munich Re Exec Says
Trumpeting a message that he conceded might be different from peers, Stefan Golling, a member of Munich Re Board of Management, said that Munich Re → Read More
Volatile Cyber Market Struggles to Boost Reinsurance Capacity
The cyber insurance market could benefit greatly from more reinsurance cover but it has been a challenge to attract interest. Part of the reason is → Read More
For Now, No Need for Federal Cyber Reinsurance Backstop: Experts
Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market, a panel of → Read More
Digital Auto Insurer Root Will Add Independent Agents to Its Distribution
Digital auto insurer Root saw its loss ratio spike in the 2021 second quarter as higher costs for repairs, used vehicles and miles driven rose above → Read More
Chubb CEO Greenberg Stresses Need to Address Ransomware and ‘Systemic’ Cyber Risk
Chubb Chairman and CEO Evan Greenberg is doubling down against outlawing ransomware payments to address the the growing threat of ransomware. He appears → Read More
In Its Quest for Diversity, Insurance Industry Finds One Size Does Not Fit All
In the wake of massive protests last year focused on racial equity and social justice, insurers are among the many industries confronting the need to → Read More
Insurers’ Own Infrastructure Could Be Text Targets of Cyber Criminals
As "the next digital pandemic," cyber risks are increasingly becoming a problem for insurers themselves, according to an industry expert. With "a lack of → Read More
MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets
Pouch, an insurtech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing that will help → Read More
CEO Swift Optimistic About The Hartford’s Position as Economic Recovery Begins
The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and that → Read More
Chubb CEO Greenberg Reiterates Call for Litigation Reform
Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to address what he said is a → Read More
Next Insurance Funding Hits $881M After Latest $250M Round
Next Insurance raised $250 million in new venture financing – a major cash infusion after a year of acquisitions and other actions to further growth. → Read More
Chubb Bids for The Hartford’s ‘Crown Jewel’ and More
Five years ago, Evan Greenberg led ACE's nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty → Read More