Lloyd’s Insurer AEGIS London Moves to New Office March 22, 2021 Top quartile Lloyd’s Syndicate 1225, managed by AEGIS Managing Agency Ltd. (AEGIS London), is moving to a new office to...
India Increases Limit on Foreign Direct Investment in Insurance Companies March 22, 2021 By Vrishti Beniwal India on Monday further opened up its insurance sector to foreigners, as the nation seeks to spur investments to give...
Man Admits Ransomware Plot Against Tesla in Nevada March 22, 2021 By Ken Ritter, Frank Bajak and Scott Sonner A Russian man has pleaded guilty in the U.S. to offering a Tesla employee $1 million to cripple the electric...
$3.2M in Damage from California Fireworks Explosion March 22, 2021 A massive fireworks explosion that left two people dead in Southern California earlier this week caused at least $3.2 million...
New Mexico Court Upheld Damages Cap in Medical Malpractice March 22, 2021 New Mexico’s highest court has ruled that monetary limits on some types of damages due to medical malpractice are not...
Insurance Technology: InsurTech NY Winners; $3M in GloveBox; Hippo’s Claims Partners; AXIS-Elpha Cyber Service March 22, 2021 The Winners Are InsurTech NY announced the winners of its 2021 Early-Stage InsurTech Competition at the InsurTech Spring Conference on...
Pennsylvania’s Bedivere Insurance Company to Be Liquidated March 22, 2021 The Pennsylvania Commonwealth Court has approved the liquidation of Bedivere Insurance Company, formerly One Beacon Insurance Company, recognizing that the...
Massachusetts Seeks Input on Use of Gas Explosions Settlement Money March 22, 2021 Massachusetts is asking residents and businesses in three communities affected by a series of natural gas explosions and fires in...
Two Arrested After Fire in Vermont Hotel Room That Injured Woman March 22, 2021 Two people have been arrested after police responded to what they called a suspicious fire at a hotel in Berlin...
Greensill Capital Collapse Exposes Less-Than-Adequate Technological Capabilities March 22, 2021 By Lucca de Paoli Lex Greensill promoted his business as the future of finance, talking up a technology superior to Wall Street rivals that...