Chubb CEO Greenberg Reiterates Call for Litigation Reform April 14, 2021 By Mark Hollmer Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to...
Court Orders Chubb Subsidiary to Pay for Merchandise Lost in Warehouse Bankruptcy April 14, 2021 By Jim Sams Chubb’s Federal Insurance Co. must pay more than $2 million to a fabric company that lost 22 trailer loads of...
Insuring Cyber Podcast: What the ‘New Normal’ Means for Cyber Insurers, Coverage April 14, 2021 By Elizabeth Blosfield More than a year has passed since pandemic-related government restrictions began, causing many businesses around the world to shift their...
Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers) April 14, 2021 Xenia Broking Group, the London-based credit insurance and surety specialist, announced it has entered into an agreement to acquire Credit...
EU Antitrust Regulators Extend Deadline to July 27 for Decision on Aon-Willis Deal April 14, 2021 BRUSSELS – European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon’s $30 billion...
Russia Vulnerable to Climate Change, Causing Expensive Natural Disasters April 14, 2021 By Olga Tanas and Dina Khrennikova The residents of Irkutsk, one of Russia’s coldest regions, are used to harsh winters. But when the temperature dropped to...
NAIC Data: Florida Property Lawsuits Total 76% of Insurer Litigation in U.S. April 14, 2021 By Amy O'Connor New information from Florida’s insurance regulator paints a stark picture of the extent of litigation facing the state’s domestic insurers....
7 European Countries Commit to Halt Export Finance for Fossil Fuel Projects April 14, 2021 Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel...
Allstate Sees Surge in Demand for Pay-Per-Mile Insurance During COVID Shutdowns April 14, 2021 By Katherine Chiglinsky The COVID-19 shutdowns that swept the U.S. have been a boon for a newer auto-insurance product: pay-per-mile coverage. During the...
Aon’s Concessions to EU May Not Be Enough to Close $30B Willis Deal: Sources April 14, 2021 By Foo Yun Chee BRUSSELS – Insurance broker Aon’s offer to sell assets in five EU countries and takeover target Willis Towers Watson’s reinsurance...