Full-Year Commercial Lines Combined Ratio May Be Lowest in 15 Years: Moody’s September 15, 2022 By Susanne Sclafane With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct...
Insurance Technology Firm Xceedance Opens Global Headquarters in Massachusetts September 15, 2022 Xceedance, a global provider of technology and data services to insurance organizations, has open a new global headquarters in central...
MGAs: An All-Weather Distribution Channel for Soft and Hard Markets September 15, 2022 By L.S. Howard Many reinsurers across the globe increasingly have been doing business with certain select managing general agents (MGAs), seen as market...
People: IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London; Gallagher Re Names Swiss Re’s Choniski as Head of Embedded Insurance September 15, 2022 IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London Property and specialty re/insurer IQUW has named Dan Warburg as its...
Greek-Managed Vessel Shipped Coal From Russia Despite EU Sanctions September 15, 2022 By Áine Quinn and Alberto Nardelli A vessel managed by a company based in Greece transported coal from a port in Russia late last month, after...
NFL Is Latest Target in Lawsuits Over Data-Sharing With Meta September 15, 2022 By Joe Schneider The National Football League was sued for allegedly sharing digital subscribers’ personal data with Meta Platforms Inc.’s Facebook, becoming the...
Tesla Sued by Drivers Over Alleged False Autopilot, Full Self-Driving Claims September 15, 2022 By Jonathan Stempel Tesla Inc. was sued on Wednesday in a proposed class action accusing Elon Musk’s electric car company of misleading the...
Dental Provider Sued Over Retaliatory Firing of Texas Sales Rep September 15, 2022 Dental Health Products, Inc. (DHP), a nationwide provider of supplies and equipment to dental practices, violated federal law by firing...
Fire at E-scooter Showroom in India Kills 8, Adding to Vehicles’ Safety Concerns September 15, 2022 MUMBAI – A fire that started at an electric scooter showroom in India killed at least eight people and injured...
Singapore Plans Financial Services Overhaul to Boost Sustainable Finance, Reinsurance September 15, 2022 By Chen Lin Singapore announced plans on Thursday to overhaul its financial services industry by 2025 in a bid to cement its position...