Insurers Have Not Yet Embraced Cryptocurrency Craze Despite Demand April 1, 2021 By Noor Zainab Hussain and Carolyn Cohn If Elon Musk’s Tesla wanted to insure all of its recent $1.5 billion bitcoin investment against the myriad of pitfalls...
Suez Blockage Claims Expected to Hike Marine Reinsurance Rates, Says Willis Re April 1, 2021 By Carolyn Cohn The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine...
American Family’s Stauffacher, Yancy, Others Assume Key Leadership Posts April 1, 2021 The American Family Insurance group has announced leaders in several new and existing key positions. Jessie Stauffacher, president and CEO...
People Moves: Aon’s Cook to Carpenter; Meyer Promoted to Chord Re CEO; Rocco Leads Everest Transformation April 1, 2021 This wrap-up of International People Moves details recent appointments at Guy Carpenter, Chord Re, and Everest Re. A summary of...
London Market Insurers’ 2020 Profits Canceled by COVID-19 but Rates Are Rising April 1, 2021 Pandemic-related losses in 2020 were substantial for London market insurers and offset most underwriting and investment returns, according to a...
Zurich Insurance Deepens Climate Change Strategy April 1, 2021 Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the...
South Carolina Senate Passes Bill to Ticket Slow Drivers in Left Lane April 1, 2021 The South Carolina Senate has passed a bill to fine people who don’t get over from the left lane of...
What The Telecommuting Trend Could Mean for Florida Workers’ Comp Claims April 1, 2021 By Indira Marin As companies continue to adapt to COVID-19, it is evident that one of the long-lasting effects of the novel coronavirus...
Ohio Manufacturing Facility Cited for Unsafe Conditions; Fined $119K April 1, 2021 A Ohio manufacturer of power distribution products has been cited for 11 serious workplace safety violations and faces $119,000 in...
K2 Insurance Services Acquires Montana’s Loss Run Pro April 1, 2021 K2 Insurance Services, based in San Diego, Calif., has invested in Loss Run Pro LLC, headquartered in Missoula, Montana. LRP,...