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Telematics data is categorically different than anything many insurers have likely dealt with before. Think about the raw telemetry that a vehicles accelerometer generates, which indicates forces acting on a car in each of three dimensions at a moment in time.
Allied World Assurance Co., the seller of aviation and environmental insurance, fell the most since February as second-quarter profit missed analysts estimates amid a decline in sales.
MGIC Investment Corp. promoted Patrick Sinks to chief executive officer as the mortgage insurer looks for ways to raise capital to meet new industry standards proposed by a U.S. regulator.
MGIC Investment Corp. promoted Patrick Sinks to chief executive officer as the mortgage insurer looks for ways to raise capital to meet new industry standards proposed by a U.S. regulator.
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