What Cyber Insurers Should Know About the Federal Ransomware Advisories May 13, 2021 By Elizabeth Blosfield As the COVID-19 pandemic and the switch to remote work have highlighted cyber risks and drawn attention to the various...
MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets May 13, 2021 By Mark Hollmer Pouch, an insurtech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing...
First Indemnity to Offer Excess Professional Liability Coverage for Law Firms May 12, 2021 First Indemnity Insurance Group, a specialty insurance agency providing professional liability products for lawyers and law firms, has launched Excess...
Starr’s Greenberg Initiates Group Letter Urging Biden to Speed Global Vaccination Effort May 12, 2021 A group of 16 international business and policy leaders today published an open letter to U.S. President Joseph R. Biden...
Workers’ Compensation Numbers Indicate Strong Performance During 2020 Pandemic May 12, 2021 Because of job losses and shrinking payrolls during the pandemic recession, the workers’ compensation industry’s net written premium dropped 10%...
eMaxx Platform Eases Insurer Entry Into Captive Market May 12, 2021 Commercial managing general agent eMaxx has expanded its turnkey platform for insurance companies to make it easier for them to...
They’re Back! Actuarial Society, Under Pressure, Reinstates Ratemaking Rules May 12, 2021 By Susanne Sclafane Less than a month ago, the prospect that long-held principles of actuarial ratemaking would survive an action by the Casualty...
Aon, Willis Towers Watson to Sell WTW Assets to Gallagher for $3.57 Billion May 12, 2021 Aon plc and Willis Towers Watson have agreed to sell Willis Re and a set of Willis Towers Watson corporate...
$2,300 Phone Call. $1,000 Cab Ride. Purdue Runs Up $400M Bankruptcy Tab. May 12, 2021 By Jeremy Hill and Dawn McCarty One phone call with the Department of Justice: $2,300. Two days at the Ritz-Carlton: $830. Oh, and a lengthy cab...
Insurer American National Group Exploring Options Including Possible Sale -Reuters May 11, 2021 By David French U.S. insurer American National Group Inc. is exploring options that could include a sale of the company, people familiar with...