With Claims Rising, Cyber Insurers Need More Than Sizable Rate Increases: Fitch April 20, 2021 Cyber insurance underwriters are reporting substantially higher claims losses in 2020 than in prior years and as a result face...
Digital E&S Broker Pathpoint Releases Lessor’s Risk Commercial Package April 20, 2021 Pathpoint, a digital excess and surplus lines insurance distributor, has launched its Lessor’s Risk Only (LRO) Commercial Package for agents...
70 Homes Across Mississippi Damaged by 4 Tornadoes April 20, 2021 Four tornadoes that moved across Mississippi earlier this month caused damage to around 70 homes, emergency officials said Thursday. Four...
California Welder Arraigned on Felony Workers’ Comp Fraud Charges April 19, 2021 Ahmad Zaki Noori, 41, of Sacramento, Calif., was arraigned on two felony counts of workers’ compensation insurance fraud after allegedly...
No Charges in New York Fatal Crash Involving Sleeping Deputy April 19, 2021 A sheriff’s deputy who fell asleep at the wheel of a patrol vehicle near the Vermont border and slammed into...
Transportation Insurer Lancer to Merge Into Core Specialty April 19, 2021 Commercial auto insurer Lancer Insurance Co. has agreed to merge with another specialty insurer, Core Specialty, where it will operate...
Arch Capital Estimates Q1 Catastrophe Losses Could Reach $190 Million April 19, 2021 Arch Capital Group Ltd. estimated a range of pretax catastrophe losses of $180 million to $190 million for the first...
Helix Underwriting to Write Excess Casualty, Forming Agency Agreement with Watford April 19, 2021 Helix Underwriting Partners Ltd., the Bermuda-based managing general agency, has expanded its agency platform into the excess casualty insurance segment....
China Launches 1st Class-Action Lawsuit as Regulators Vow to Fight Accounting Fraud April 19, 2021 SHANGHAI – China launched the country’s first class-action lawsuit against a listed company on Friday, targeting Kangmei Pharmaceutical Co, as...