Insurers Seek to Find Ways to Make Pandemics Insurable May 10, 2021 By Carolyn Cohn LONDON – When much of the global economy locked down last year, insurers, facing estimated losses of more than $100...
Jailed Ex-Wirecard CEO Files Lawsuit Against Chubb to Get D&O Coverage May 10, 2021 By Karin Matussek Markus Braun, the former chief executive officer of scandal-ridden Wirecard AG who has been in jail for almost a year,...
Insurer Sues West Virginia Gov.’s Company for Failure to Pay Deductibles May 10, 2021 An insurance company alleges in a federal lawsuit that a company run by West Virginia Gov. Jim Justice and his...
Medical Marijuana Approved by Alabama Legislature After Years of Resistance May 10, 2021 By Kim Chandler Alabama lawmakers overcame years of resistance and gave final passage to medical marijuana legislation on Thursday, capping a long and...
Texas Judge Refuses to Dismiss Theater Chain’s COVID Lawsuit May 10, 2021 By Jim Sams A federal judge in Sherman, Texas on May 5 ruled against an insurer that sought to dismiss a $500 million...
Insurer AXA to Stop Paying for Ransomware Crime Payments in France May 9, 2021 By Frank Bajak In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France...
Broker Gallagher in Talks to Buy Aon, Willis Assets for $3 Billion May 9, 2021 By Aaron Kirchfeld, Aoife White and Jan-Henrik Förster Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and...
U.S. Working With Colonial Pipeline to Restore Operations After Cyber Attack May 9, 2021 By Laura Sanicola, Doina Chiacu and Laila Kearney The White House was working closely with top U.S. fuel pipeline operator Colonial Pipeline on Sunday to help it recover...
RMS Unveils Significant New Event Response Innovations in ExposureIQ May 8, 2021 By Newswire New Innovations Enable Rapid Assessments of Potential Losses Before, During, and After an Event Newark, Calif., May 6, 2021 –...
How Sureties and Contractors Can Mitigate Performance Defaults May 7, 2021 By Alan Pavlic This post is part of a series sponsored by Old Republic Surety. When contractors have a project that is in...