Congress Parks Self-Driving Car Regulation Until 2021 September 24, 2020 By David Shepardson The U.S. Congress will try again in 2021 to try to approve long-stalled reforms to speed the adoption of self-driving...
Home Insurtech MGA Hippo, Topa Insurance End Their 3-Year Partnership September 23, 2020 By Andrew G. Simpson Property/casualty insurer Topa Insurance Co. and Hippo Enterprises, a technology-driven managing general agency offering homeowners insurance, announced their mutual decision...
For Carnival Cruise Lines, 1920 ‘Death on the High Seas Act’ Curbs Coronavirus Damages September 23, 2020 By Christopher Yasiejko Carnival Corp. is poised to dramatically curb monetary damages for passengers killed by the coronavirus under the latest court decision...
Juul’s Defense of Marketing E-Cigarettes to Youth Targets Use of Organized Crime Law September 23, 2020 By Edvard Pettersson Juul Labs Inc. has the Mafia to thank for the most potent legal claims accusing the e-cigarette maker of igniting...
Justice Department Set to Unveil Plan to Limit Internet Firms’ Liability Protections September 23, 2020 By David Shepardson The U.S. Justice Department will unveil later on Wednesday a proposal that seeks to limit legal protections for internet platforms...
House Votes to Extend Flood Insurance Program 1 Year; Senate Yet to Vote September 23, 2020 By Andrew G. Simpson The House of Representatives yesterday extended the National Flood Insurance Program until Sept. 30, 2021 as part of a measure...
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change September 23, 2020 By L.S. Howard Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed,...
Labor Department Eyes Simpler Rule for Classifying Independent Contractors September 23, 2020 By Daniel Wiessner The U.S. Department of Labor on Tuesday said it would soon propose a rule that could make it easier to...
Thoma Bravo Completes Acquisition of Insurance Software Firm Majesco September 22, 2020 Private equity firm Thoma Bravo has completed the acquisition of insurance software firm Majesco. Under the terms of an amended...
Beazley Beefs Up Executive Risk Team in U.S. with 6 More Recruits September 22, 2020 Specialty insurer Beazley has expanded its underwriting and claims presence in the U.S. with new hires for its Executive Risk...