New York City to Provide Inflatable Dams to Homeowners at Risk for Floods July 8, 2022 By Marie Rose Sheinerman Homes at high risk for flooding in New York City will receive free inflatable dams in a new plan rolled...
Florida’s Capacity Insurance Gets Downgraded, Stops Writing New Business July 8, 2022 By William Rabb AM Best has withdrawn its financial strength rating for Capacity Insurance, a commercial insurer with a small footprint in Florida,...
Insurtech Venture Capital Fund Seeks Digital MGA Startups for Lab July 8, 2022 InsurTech Fund, a venture capital fund associated with InsurTech NY, has announced that it will be accepting applications for its...
Cowbell Doubles Underwriting Capacity With Palomar July 8, 2022 Cowbell Cyber said it reached an agreement with Palomar Excess & Surplus Insurance Company to double the available reinsurance capacity...
U.S.-Based 3M Faces More Costs After $581M Chemical Cleanup Pact in Belgium July 8, 2022 By Stephanie Baker 3M Co. still faces the prospect of additional costs to resolve contamination liabilities in Belgium after reaching an agreement to...
Tech Giants Brace for Legal Mess of Abortion Data Subpoenas July 8, 2022 By Dina Bass and Mark Bergen Technology giants including Apple Inc., Microsoft Corp. and Google, facing questions about whether they’d hand over users’ personal data to...
People Moves: Lloyd’s Europe Hires Heugues From Ageas as Chief Underwriter; Parsyl Staffs London Marine Cargo Office July 8, 2022 Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July. He will be responsible for...
Appeals Court Upholds Dismissal of Alabama Judge’s Suit Against ‘Borat’ Comedian July 8, 2022 Sacha Baron Cohen on Thursday defeated an appeal by former Alabama Chief Justice Roy Moore who had accused the British...
Vermont Man Facing Murder, Insurance Fraud Charges Seeks Release From Custody July 8, 2022 The Vermont man charged with killing his mother at sea in a plot to inherit millions of dollars has asked...
UK Judges Clear Path for $7B Suit Against BHP Over Deadly Brazil Dam Collapse July 8, 2022 By Jonathan Browning and Katharine Gemmell UK judges paved the way for a group of more than 200,000 people to bring a suit against BHP Group...