California Firefighters Battling Blazes in North and South July 7, 2020 California firefighters are battling large wildfires in Santa Clara and Los Angeles counties. A fire that has burned more than...
Chubb Estimates $1.4 Billion in Q2 Global Losses Tied to Coronavirus July 7, 2020 Chubb’s disclosure of second quarter 2020 global net catastrophe losses underscores the damage COVID-19 is doing to some carriers’ bottom...
Brooklyn Building Collapses After Being Cited by Inspectors July 7, 2020 A multistory health club shuttered by the coronavirus pandemic collapsed into a heap of rubble on a Brooklyn street Wednesday,...
Aon’s Jackson Joins TigerRisk in New York July 7, 2020 Industry advisory firm TigerRisk Partners announced that Joe Jackson has joined its North American team. Jackson joins TigerRisk from Aon,...
Beazley Launches Booking System for Virtual Broker Meetings in New Business Reality July 7, 2020 Specialist insurer Beazley has launched an online booking system to make it easier and quicker for brokers to arrange virtual...
Insured Losses for 2019/2020 Australia Bushfires Estimated at A$1.9B (US$1.3B): PERILS July 7, 2020 The insurance industry’s loss footprint for the Australian bushfires of 2019/2020 is estimated at A$1.9 billion (US$1.3 billion), according to...
Argo’s CFO to Depart as Insurer Updates Executive Leadership Team July 7, 2020 Argo Group International Holdings Ltd., the Bermuda-based specialty re/insurer, announced an update to senior leadership team responsibilities and the launch...
New Business Interruption Insurance Class Action Launched in Canada July 7, 2020 Koskie Minsky LLP and the Merchant Law Group have launched a proposed national class action lawsuit alleging that Canadian insurance...
Russian Regulator Seeks $2B in Damages from Nornickel for Arctic Fuel Spill July 7, 2020 Russia’s environmental watchdog has asked a power subsidiary of Russian mining giant Norilsk Nickel (Nornickel) to pay almost 148 billion...
Forest Service Orders Colorado Train to Halt Wildfire Mitigation July 6, 2020 The U.S. Forest Service shut down an extensive fire mitigation project after raising concerns about the number of trees being...