Kentucky Lawmakers Plan to Move Quickly on Tornado Recovery Package January 11, 2022 Kentucky lawmakers, back in session, are planning to take up tornado-recovery legislation this week, with the goal of quickly distributing...
People Moves: BHSI Promotes Kidd to Country Mgr., Ireland; BMS Iberia Hires WTW’s Melero for Affinity Practice; Fidelis Promotes Jarvis to Deputy Dir. of Underwriting January 11, 2022 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, BMS and Fidelis Insurance. A summary of...
Insurer Need Not Defend Drug Chain in Opioid Suits Claiming Economic, Not Personal, Injury January 11, 2022 By Andrew G. Simpson In the latest turn in litigation over the opioid crisis, a state’s high court has found an insurer does not...
Florida OIR Says Claims Info Data Call Coming Early Next Year January 11, 2022 Florida’s insurance commissioner announced that his office had begun a rulemaking process to draft a form insurers should use to...
MGA First Underwriting Forms £1B, 5-Year Capacity Deal With R&Q’s Accredited January 11, 2022 First Underwriting Ltd., the London-based specialist MGA that is part of Kingfisher UK Holdings, announced a five-year capacity deal to...
Legacy Specialist Enstar and Aspen Insurance Agree to $3.12B Loss Portfolio Transfer January 11, 2022 Enstar Group Ltd. announced that one of its wholly owned subsidiaries has reached an agreement for a ground-up loss portfolio...
Stay Home or Go to Work Sick? Omicron Poses a Conundrum. January 11, 2022 By Dee-Ann Durbin and Anne D'Innocenzio As the raging omicron variant of COVID-19 infects workers across the nation, millions of those whose jobs don’t provide paid...
Sister of Slain Federal Officer Files Wrongful Death Suit Against Facebook January 11, 2022 By Daisy Nguyen The sister of a slain federal security officer is suing Facebook, alleging the tech giant played a part in the...
Virginia Raises Minimum Auto Insurance Limits January 11, 2022 Virginia has increased the liability insurance coverage required for vehicles in Virginia. The new law applies to vehicle insurance policies...
Israeli Cyber-Security Startup Pentera Raises $150M in Funding, Weighs IPO January 11, 2022 By Krystal Hu Israeli cyber-security firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion,...