Total Return Reinsurers Underperform Traditional Bermuda Reinsurers: AM Best August 31, 2020 Although total return reinsurers, which like to take more risk on the investment side of their balance sheets than other...
Insured Loss for UK’s February Floods Estimated at £375 Million August 31, 2020 The updated estimate of the insured property market loss for floods that hit February 9 to 29, 2020, across the...
Safety Agency Offers App for Alerts on Vehicle Recalls August 31, 2020 The U.S. government’s road safety agency is offering a smartphone app that will alert drivers if their vehicles are recalled....
California Issues Cease and Desist for Illegal Extended Warranties August 28, 2020 The California Department of Insurance issued a cease and desist order on Elite Integrity LLC, doing business as Auto Protection...
China’s Ping An Reports Steady Results for First Half August 28, 2020 Ping An Insurance Company of China announced its 2020 interim results for the six month period ended June 30, 2020....
Germany’s Merkel Urges Stronger Global Effort on Climate Change August 28, 2020 German Chancellor Angela Merkel said on Friday that global efforts to combat climate change were insufficient, and that she would...
Honolulu Flooding Control Plan Updated August 28, 2020 The Army Corps of Engineers released a revised flood protection plan for Honolulu neighborhoods that includes fewer impacts on natural...
UCLA Suing Under Armour, Seeking Damages in Excess Of $200 Million August 28, 2020 UCLA filed a lawsuit against Under Armour this week in U.S. District Court in Los Angeles for breach of contract,...
New Zealand’s Stock Exchange Resumes Trading After Cyber Attacks August 28, 2020 New Zealand’s stock exchange resumed trading on Friday, after facing disruptions for four consecutive days in the wake of cyber...
UK Supreme Court Denies Patent Appeals by Huawei and ZTE Over Mobile Technology August 28, 2020 The United Kingdom’s Supreme Court on Wednesday unanimously dismissed appeals by China’s Huawei and ZTE in patent disputes over mobile...