Luxury Yacht, Owned by Third Point Re’s Loeb, Damages Belize Coral Reef February 14, 2020 By Laura Millan A luxury yacht owned by hedge fund manager Daniel Loeb damaged a pristine reef atoll in Belize near the famous...
With Ultimate Frisbee Sport Catching On, Researchers Track Pro Athletes’ Injuries February 14, 2020 Researchers at the University of Alabama at Birmingham have published what they believe is the first look by medical science...
AIG Maps Out Major Investment in Technology, Core Processes February 14, 2020 By Mark Hollmer American International Group said it will invest $1.3 billion over the next three years in its massive AIG 200 initiative,...
Deepwater Horizon Oil Spill in 2010 Was Bigger Than Satellite Images Showed February 14, 2020 Toxic and invisible oil spread well beyond the known satellite footprint of the 2010 Deepwater Horizon oil spill, according to...
AssuredPartners Acquires Nevada West Business Insurance Agency, Inc. February 14, 2020 AssuredPartners Inc. has acquired Nevada West Business Insurance Agency Inc. in Las Vegas, Nev. The team of five will remain...
4.0-Magnitude Earthquake Hit Central California Coast February 14, 2020 An earthquake with a preliminary magnitude of 4.0 shook California’s central coast on Wednesday but no damage or injuries were...
Analyst Warns Regulatory Battle Over AI Bias to Grow; Lemonade Argues It’s Fair February 14, 2020 By Susanne Sclafane As insurers introduce artificial intelligence into pricing and claims handling activities, regulatory focus on disparate impact will grow into “one...
SCOR Buys Majority Stake in Brazil MGA with Agricultural Specialty February 14, 2020 Global reinsurer SCOR said it has acquired a majority stake in AgroBrasil, an MGA focused on distributing fruit and grain...
Insured Losses for Europe’s Storm Ciara-Sabine Could Hit $2 Billion: Modeling Firms February 14, 2020 Catastrophe risk modeling firm AIR Worldwide estimates that insured losses due to wind from Europe’s winter storm Ciara (also known...
B3i’s Blockchain Platform Places 30 Reinsurance Contracts, Including Cat XoL Treaties February 14, 2020 B3i Services AG, a two-year-old company owned by members of the insurance industry, announced that 30 contracts of reinsurance have...