Applied Underwriters’ Centauri Files $30M ‘Poaching’ Suit Against Wellington Insurance May 14, 2020 By Amy O'Connor A Florida-based managing general agency has filed a $30 million poaching lawsuit against three former executives and the agency they...
Lloyd’s Insurer Antares Names Campbell as Head of Specialty, Succeeding Taylor May 14, 2020 Antares, the Lloyd’s managing agent and subsidiary of QIC Global, announced the appointment of Martin Campbell as head of Specialty...
Insurtech Zego Expands Partnership with RSA to Provide Cover for UK Van Fleets May 14, 2020 London-based insurtech Zego has expanded its partnership with RSA Insurance to provide flexible cover for van fleets. Zego is offering...
Exor Plays Hardball with French Insurer Covéa as PartnerRe Deal Collapses: Opinion May 14, 2020 By Chris Hughes, Bloomberg Opinion Renege on a deal with the Agnellis and you can expect to pay for it. Scion John Elkann has refused...
Typhoon Vongfong Hits the Philippines with Evacuations Expected May 14, 2020 By Brian K. Sullivan Typhoon Vongfong, the Northern Hemisphere’s first named storm [of 2020], is rapidly intensifying east of the Philippines, where it could...
Lloyd’s Expects US$4.3B in COVID-19 Claims – On Par with Costs of 9/11 Terror Attacks May 14, 2020 By L.S. Howard Lloyd’s of London revealed it will pay claims in the range of $3 billion to $4.3 billion as a result...
More Restrictions Eased in Georgia; AG Asks Congress for Business Lawsuit Protections May 14, 2020 By Jeff Amy Georgia Gov. Brian Kemp eased a few restrictions Tuesday on businesses and child care operations, but said he was keeping...
23 Killed of COVID-19 in Alabama Veterans Nursing Home May 14, 2020 About two dozen people have died at an Alabama veterans nursing home because of COVID-19, the illness caused by the...
Financial Trade Group, Stock Exchanges Resolve Broker Liability Database Dispute May 14, 2020 By John McCrank A financial industry trade group said on Wednesday it resolved a dispute with U.S. stock exchanges that had threatened to...
Fitch Sees Little Stress on Insurer Ratings From Pandemic. Thus Far. May 14, 2020 By Andrew G. Simpson Having reviewed 70% of all of the North American insurers it rates for the effects of the coronavirus and economic...