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...
About-Face: IBM to Exit and Oppose Facial Recognition Technology June 9, 2020 International Business Machines Corp. will no longer offer general purpose facial recognition or analysis software, new Chief Executive Officer Arvind...
Facing Workers Compensation Challenges During the Pandemic: NCCI June 9, 2020 By Bill Donnell The COVID-19 pandemic has upended lives, families, business routines, and the economy. Today, despite an uptick in May, 21 million...
Commercial Lines Prices Rose 6% in Q1- Except Workers’ Compensation June 9, 2020 U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year,...