Commercial Insurance Prices Rose 22% in Q4, but Some Lines Began to Plateau: Marsh February 4, 2021 Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released...
RMS Updates Cyber Application Offerings, Targets ‘Silent’ Cyber Risks February 4, 2021 Catastrophe modeler RMS has made updates to its cyber offerings to target emerging cyber risks. Among the updates is the...
Fed Survey Shows Most Small Businesses Lost Sales Due to Pandemic February 4, 2021 By Jonnelle Marte The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic,...
Bayer Strikes $2 Billion Deal to Resolve Future Roundup Cancer Claims February 4, 2021 By Tom Hals Bayer AG struck a $2 billion deal to resolve a class action of future claims relating to allegations that its...
AXA XL Launches Builders Risk Coverages for Mass Timber Construction Projects February 3, 2021 AXA XL’s North America Construction business has launched builders risk insurance programs to address mass timber project risks for construction...
Aon’s Norris Jumps to Marsh to Lead U.S. Healthcare Practice February 3, 2021 Gisele Norris has joined global insurance broker Marsh to lead its U.S. Healthcare Practice. In this role, Norris is responsible...
Insurance Verification Startup TrustLayer Raises $6.6M from BrokerTech, Ventures February 3, 2021 TrustLayer, developer of a proof-of-insurance risk management platform, has raised $6.6 million in seed funding from venture investors, insurance brokers...
Olympic Officials Unveil Rules on Masks, Singing, Transport for COVID-19 Games February 3, 2021 By Jack Tarrant and Sakura Murakami Olympic officials on Wednesday unveiled the first of many COVID-19 rules for the Tokyo Games this summer, banning singing and...
CCC Information Services Going Public in $7 Billion Blank Check Transaction February 3, 2021 By Niket Nishant CCC Information Services said on Wednesday it was going public through a merger with blank-check firm Dragoneer Growth Opportunities Corp.,...
Chubb’s Q4 ‘Excellent’ Results Boosted by Commercial Lines Price Hikes February 3, 2021 Global insurer Chubb reported fourth quarter results for 2020 significantly better than the same period in 2019. For the 2020...