UK Insurer Brit and Google Collaborate to Launch 1st Fully Digital Lloyd’s Syndicate May 13, 2020 Brit Ltd. announced plans to launch Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, in collaboration with Google...
Everest Insurance Taps Patel from AIG Europe as UK Head of Transactional Risk May 13, 2020 Everest Insurance announced the appointment of Sujal Patel as the UK Head of Transactional Risk for Everest Global Markets, which...
California Retailer Sues Travelers for Denied COVID-19 Business Interruption Claims May 12, 2020 San Francisco-based children’s clothing boutique Mudpie Inc. has filed a class action lawsuit on behalf of California-based retail stores against...
French Mutual Covéa Scraps $9 Billion Purchase of PartnerRe from Exor May 12, 2020 French insurer Covéa has walked away from its planned $9 billion purchase of PartnerRe, the Bermuda-based reinsurer owned by Exor,...
Insurers Must Re-Think Pandemic Response or Risk Reputational Damage: UK’s Airmic May 12, 2020 Airmic, the UK association for risk and insurance professionals, has urged the insurance market to adopt a more responsible and...
New Mexico Man’s Body Mutilated to Fit in Coffin, Lawsuit Charges May 12, 2020 A New Mexico funeral home broke the legs of the body of a tall man so he could fit into...
M4.5 Earthquake Confirmed in Southern California Desert May 12, 2020 A moderate earthquake shook a remote desert area east of San Diego Sunday, but there were no immediate reports of...
Commercial Insurance Rates in Q1 Rise 14%, Even Before Impact of COVID-19: Marsh May 12, 2020 Global average commercial insurance prices increased 14% in the first quarter of 2020 – but the rate hikes were not...
California Taking Steps to Reopen Businesses, Public Spaces May 12, 2020 A beach bordering two Southern California counties reopened Monday with some restrictions as parts of the state slowly reopened public...
New Jersey Woman Struck by Telephone Pole to Receive $125M from Verizon May 12, 2020 The family of a woman who was paralyzed when she was struck by a falling telephone pole as she waited...