A.M. Best Affirms North American Casualty Group Companies’ Ratings June 10, 2020 Ratings issuer A.M. Best said it has removed from under review with negative implications and affirmed the Financial Strength Rating...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory June 10, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift....
Captives Can Be an Insurtech Accelerator June 10, 2020 By Stephen R. DiCenso With the immense financial and operational challenges brought on by the spread of the COVID-19 pandemic, many insurers have had...
Measuring the Moment: How Will George Floyd’s Death Matter to Insurance Industry? June 10, 2020 By Andrew G. Simpson The marches and protests across the globe sparked by the death of George Floyd by Minneapolis police are presenting the...
Neptune Flood Expands With Product for Small, Mid-Sized Commercial Lines June 10, 2020 Neptune Flood, a digital flood insurance company. has launched a commercial flood insurance product for small and mid-sized businesses in...
The BIG Idea for Business Interruption Coverage: What It Is and Isn’t June 10, 2020 By Susanne Sclafane Good faith coverage disputes over pandemic-related business interruption coverage don’t have to be fought out in courts, and retroactive rewrites...
Oil & Gas Companies Seek More D&O Insurance as Bankruptcies Loom June 10, 2020 By Laura Sanicola and Shariq Khan The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and...
Starr Launches Usage-Based Aviation Insurance for Pilots Who Rent June 9, 2020 Starr Insurance Companies has launched Starr Gate, a new general aviation policy for pilots who rent aircrafts. The coverage offers...
Lemonade Files Planned IPO Worth Up to $100M June 9, 2020 By Mark Hollmer Home and renters insurer Lemonade disclosed plans for an initial public offering worth as much as $100 million. The New...
S&P Pegs Coronavirus Losses at $15-$30B. Chief Risk Officers Think That’s Low. June 9, 2020 By Susanne Sclafane Analysts for Standard & Poor’s Global Ratings shared a view that U.S. underwriting losses from COVID-19 would fall in the...