Ruling Against Dentist’s COVID Business Interruption Could Be Key Win for Insurers August 4, 2021 By Jim Sams A federal appellate court ruling that dismissed a dental practice’s COVID-19 business interruption claim might be the beginning of the...
Philips Breathing Ventilator Recall Rated as Most Serious August 4, 2021 By Mrinalika Roy The U.S. Food and Drug Administration on Tuesday classified the recent recall of some of Philips’ ventilators as Class 1,...
Crime App Citizen Offers to Connect Users to Its ‘Protect Agents’ August 4, 2021 By Elizabeth Culliford U.S. crime alert app Citizen is launching its first paid feature, offering subscribers access to a live safety agent when...
Sale of Willis Re Still Possible After Collapse of Aon Merger, Gallagher Deal August 3, 2021 By Alwyn Scott Insurance broker Willis Towers Watson PLC said on Tuesday it is weighing strategic alternatives for its reinsurance unit, Willis Re,...
Rokstone Adds U.S. Agriculture Division August 3, 2021 Rokstone, an international specialty re/insurance MGA, part of the Aventum Group, has launched a specialist agriculture division for the U.S....
7 Insurtechs With Multibillion-Dollar Valuations August 3, 2021 By Alwyn Scott A number of insurtech startups are coming to market through blank-check companies. Here are valuations of several that have announced...
People Moves: Hartford Names Burns to Lead Marketing/Comms; Beazley Promotes Beerli for Specialty Risks, U.S. Programs; Purtill Is CRO at AIG August 3, 2021 Hartford Names Burns as Head of Marketing and Comms, Succeeding Bromage The Hartford has appointed Claire Burns chief marketing and...
AM Best Assigns Credit Ratings, Stable Outlook to Workers’ Comp Writer SUNZ August 3, 2021 AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent)...
Homeowner Insurtech Hippo to Go Public Today as Real Estate Market Remains Hot August 3, 2021 By Alwyn Scott Hippo Enterprises Inc. wants to change homeowners’ insurance by using customer data to make it faster and easier to get...
Infrastructure Bill Includes Safety Technology Mandates for Cars, Trucks August 3, 2021 By Keith Laing and Lillianna Byington New cars will be required to have technology to detect drunk drivers and a system to keep children from being...