Casualty Reinsurance Demand Rises in N. America Despite Hardening Primary Rates September 16, 2020 By L.S. Howard Although there is a significant market correction taking place in the North American liability insurance market, demand for casualty reinsurance...
Two Hole-in-One Insurance Programs to Become One September 16, 2020 American Hole ‘n One, a provider of hole in one coverage, announced it will combine its operations with its sister...
Boeing Crash Victims’ Families Want Congress to Lift Shield on Planemakers’ Liability September 16, 2020 By Tracy Rucinski Families of Boeing 737 MAX crash victims are urging U.S. lawmakers to ensure the planemaker is held accountable for accidents...
The Hanover Targets Home-Based Businesses with New Coverage Suite September 16, 2020 The Hanover Insurance Group, Inc. has launched a suite of coverages designed to protect homeowners who generate income through home-based...
Tracking Tool Spotlights Repetitive Flood Loss Homes Receiving U.S. Taxpayer Funds September 15, 2020 By Leslie Kaufman Passaic County in New Jersey is not in the hurricane belt nor is it on the banks of a major...
OneBeacon Acquires International Bond & Marine Brokerage September 15, 2020 OneBeacon Insurance Group said it has acquired International Bond & Marine Brokerage, Ltd., a privately held brokerage and risk management...
U.S. Court Upholds State Tax on Drugmakers to Defray Opioid Crisis Costs September 15, 2020 By Nate Raymond A federal appeals court on Monday cleared the way for New York state to collect about $200 million from drug...
Coronavirus Pandemic Will Have Severe Impact on Social Inflation: Fitch’s Mazzuoli September 15, 2020 By Robert Mazzuoli Claims inflation for the commercial liability business will increase through 2020, although it was accelerating even before the coronavirus pandemic...
COVID-19 Crisis Reveals Contract Clarity Lessons, Digital Opportunities: Flandro September 15, 2020 By L.S. Howard In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which...
Neptune Flood Expands Coverage to Include All NFIP Classes September 15, 2020 Neptune Flood, an AI-driven flood insurance company, has expanded its flood insurance products to now include all NFIP product types....