Brazil Reinsurer IRB Rises 18% as Some Retail Investors Mimick GameStop January 29, 2021 By Carolina Mandl and Tatiana Bautzer SAO PAULO – Brazilian reinsurer IRB Brasil Resseguros rose 18% on Thursday, closing at 7.67 reais, as some Brazilian retail...
Judge to Rule on Maine Property Boundary Dispute January 29, 2021 A Maine judge will hear arguments in a property boundary dispute that resulted in a Dover-Foxcroft garage being cut in...
Court Rules New Jersey Transit Due $300M in Sandy Damage Coverage January 29, 2021 New Jersey’s Supreme Court ruled Wednesday that New Jersey Transit has the right to an additional $300 million in insurance...
Insurtech Trov Partners with UFODRIVE to Insure London-Based Electric Vehicles January 29, 2021 Trov, the San Francisco-based insurtech company, announced that UFODRIVE, a frontrunner in sustainable car rental, has selected Trov’s Mobility Insurance...
Dutch Court Orders Shell Nigeria to Pay Damages from Oil Pipeline Leaks January 29, 2021 By Diederik Baazil and Laura Hurst A Dutch court has ordered Royal Dutch Shell Plc’s Nigerian unit to compensate for oil spills in two villages over...
China Emphasizes Communist Party Leadership in Governance of Insurers, Banks January 29, 2021 China’s banking and insurance regulator issued draft rules on Friday in which emphasized stronger Communist Party leadership in both state-owned...
Businesses Should Take the Lead on COVID-19 Recovery, Climate Crisis: UN Chief January 29, 2021 By Michelle Nichols UN Secretary-General Antonio Guterres on Monday [Jan. 25] urged businesses to lead the way to a fair and sustainable recovery...
Coalition Adds 5 Hires to Middle Market Production Underwriting Team January 29, 2021 Coalition has appointed five new production underwriters to help grow and serve the company’s middle market relationships. New Coalition production...
Low-Level Jobs, Less School Could Mean Costly Auto Policies January 29, 2021 By Katherine Chiglinsky Drivers with less education and lower-ranking jobs could wind up paying more for auto insurance, magnifying the impact of systemic...
Industry Underestimating COVID-19 Biz Interruption Losses: RenRe CEO January 29, 2021 By Susanne Sclafane During an upbeat earnings call focused on how RenaissanceRe is using $1 billion of capital it raised last year in...