Sovereign Claims LLC, an insurance risk management consultancy serving underwriters in the real estate development, general contracting and construction industries, has appointed John Humphreys and Neal Conolly to its executive team. Humphreys steps into the newly created role of chief …
Lloyd’s expects to reopen its underwriting room on Lime Street in London after Easter from April 12, or after the early May UK holiday on May 4. The decision will depend on the UK government’s update on the roadmap out …
In recent years, there has been a dramatic increase in private entity use of biometric-dependent technology to assist with employee timekeeping, financial transactions and security. In turn, privacy concerns regarding biometric information have intensified, prompting legislators to enact statutory protections …
A.M. Best has upgraded its outlook for the U.S. excess & surplus lines insurance sector citing its resiliency in the face of pandemic challenges. A.M. Best revised its outlook for U.S. E&S to Stable from Negative. “Despite the widespread impact …
The homeowners insurance industry is poised to shift to a modest underwriting loss for 2020, reports Fitch Ratings, citing losses from natural catastrophes and managing operations amid the global pandemic. However, barring another overly severe catastrophe season in 2021, the …
The UK will set up green finance hubs in Leeds and London as part of efforts to encourage lenders and insurers to invest in renewable energy and sustainable agriculture. The two cities will host the new UK Centre for Greening …
U.S. property insurers are bracing for claims for damage from collapsing roofs, bursting pipes and lost business as Texas takes stock of its losses from a winter storm that has crippled its electrical grid. Insurers’ losses could stretch into billions …
LONDON – A group of Uber drivers are entitled to worker rights such as the minimum wage, Britain’s Supreme Court ruled on Friday in a blow to the ride-hailing service that has ramifications for millions of others in the gig …
A blank-check firm, backed by AmTrust Financial Services Chief Executive Officer Barry Zyskind, is looking to raise $300 million through an initial public offering, a regulatory filing showed on Friday. Pine Technology Acquisition Corp. said it plans to sell 30 …
SAN JUAN, Puerto Rico – Agricultural workers who have long sought compensation for contamination from a pesticide banned in France but used in the country’s Caribbean islands of Martinique and Guadeloupe have finally had a day in court after a …
