Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change September 23, 2020 By L.S. Howard Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed,...
Texas Auto Insurance Plan Association Requests 4.8% Commercial Rate Hike September 23, 2020 The Texas Automobile Insurance Plan Association (TAIPA) has filed a request with the Texas Department of Insurance to charge new...
Lockton Pacific Promotes Hostovich and Barnes in California September 23, 2020 Lockton Insurance Brokers LLC, the Pacific region of global insurance broker Lockton Cos., has named Teena Hostovich vice chair of...
Shopify Customer Data Likely Exposed by 2 Employees Attempting to Steal Records September 23, 2020 Shopify Inc. said on Tuesday data of customers who shopped at fewer than 200 merchants listed on the company’s e-commerce...
Confident Russia Vows to Shoulder Some of the Legal Liability of Its COVID-19 Vaccine September 23, 2020 By Polina Ivanova and Anthony Boadle Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go...
Toyota Insurance in Europe Joins Swiss Re’s Vehicle Risk Rating System September 23, 2020 Toyota is the newest partner in the Swiss Re platform that provides a risk score on vehicles so insurers can...
Labor Department Eyes Simpler Rule for Classifying Independent Contractors September 23, 2020 By Daniel Wiessner The U.S. Department of Labor on Tuesday said it would soon propose a rule that could make it easier to...
Arch Insurance Forms Single Managing Agency to Manage 4 Lloyd’s Operations September 23, 2020 Arch Insurance International has formed Arch Managing Agency Limited to mange its Lloyd’s units. Arch Managing Agency Limited, which brings...
Copperpoint in Arizona Names Pytel Vice President, Marketing Chief September 23, 2020 CopperPoint Insurance Cos. has named Thomas Pytel vice president, chief marketing and corporate communications officer. Pytel ‘s responsibilities include leading...
On Inland Crawl, Beta Dumps Heavy Rains, Floods Streets on Texas Coast September 22, 2020 Beta weakened to a tropical depression on Sept. 22 as it crawled inland along the Texas coast south of Houston,...