Insurance News from February 10, 2021
National News
Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies
The SPAC boom is overwhelming a key player in the creation of a blank-check companies:...
International & Reinsurance News
UK Insurers Not Likely to See Cuts in Capital Requirements After Brexit: Bank of England
The Bank of England told insurers on Wednesday not to expect any big reduction in...
Fossil Fuel Pollution Kills 8.7 Million People Annually Across the Globe: Research
Construction of Controversial UK Coal Mine Now Under Review After Climate Backlash
Brazilians Bring Lawsuit Against Norsk Hydro over Alleged Pollution
Facebook Faces 2nd UK Class Action Lawsuit over Data Harvesting Scandal
East News
Boston Hospital Valet Shot in Eye Sues His Employer
A valet at a Boston hospital who was shot in the eye by police as officers confronted a...
West News
Heffernan Acquires Micor Insurance Brokers in California
Heffernan Insurance Brokers has acquired Micor Insurance Brokers in San Jose, Calif....
Southeast News
Hacker Breaches Florida Treatment Plant Software, Tries to Taint Water
A hacker gained unauthorized entry into a remote access software system shared by...
Texas / South Central News
Texas Bill Would Mandate Business Interruption Cover for Pandemic Losses
A bill filed in Texas would require business interruption insurance policies to cover...
Midwest News
Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims
Target Corp. has been denied its $138 million insurance claim against ACE (now Chubb)...