Insurance News from June 11, 2021
National News
FBI Chief Wray Warns Cyber-Attacked Firms Not to Pay Ransoms
Companies and organizations that are victims of ransomware attacks shouldn't pay...
International & Reinsurance News
SCOR and Covéa Lay Down Legal Swords in Return to ‘Mutually Beneficial Relationship’
French mutual insurer Covéa and reinsurer SCOR finally laid down their legal swords...
We Can Work It Out: Negotiations Likely on COVID-19 Reinsurance Losses
Keystone XL Oil Pipeline Is Terminated After Years of Climate Activism
Brazil Judge Orders Vale to Pay Damages to Families of Victims of 2019 Mining Disaster
May’s Global Disasters Include Hailstorms, Floods, Cyclones, Quakes, Volcanic Eruption
East News
Proposed Bill Allowing Rider for Pandemic BI Coverage Moves Forward in New Jersey
A New Jersey bill that would allow business interruption insurers in the state to add a...
West News
Crest Acquires SJS Insurance in Arizona
Crest Insurance has acquired SJS Insurance LLC in Arizona. Owner and CEO Jason Sheahan,...
Southeast News
Newly-Enacted Florida Property Insurance Reform Bill Said to Be Already Working
Florida Gov. Ron DeSantis on Friday officially signed into law reform legislation on...
Texas / South Central News
AM Best Removes Ratings of Louisiana’s Gray Casualty & Surety from Under Review
AM Best has removed from under review with developing implications and affirmed the...
Midwest News
Judge Rules in Utility’s Favor in Suit over Deadly Indiana Explosion
A judge has ruled in favor of a utility in a lawsuit filed over a 2017 natural gas...