Washington Insurance Commissioner-Backed Bill to Ban Use of Credit Scores Amended February 19, 2021 A Washington bill to ban insurers from using consumers’ credit scores to determine auto and homeowner insurance premiums was gutted...
Zurich Insurance Appoints De Nil as CEO of Nordics February 19, 2021 Zurich Insurance Group has appointed Dirk De Nil as CEO of Nordics, in addition to his current role as CEO...
Policygenius Hires Shepherd as Chief Financial Officer February 19, 2021 Policygenius has hired Bill Shepherd as the company’s chief financial officer. In this role, Shepherd will oversee all of the...
Sovereign Claims Appoints Humphreys, Conolly to its Executive Team February 19, 2021 Sovereign Claims LLC, an insurance risk management consultancy serving underwriters in the real estate development, general contracting and construction industries,...
Lloyd’s Expects to Reopen Underwriting Room in April or May February 19, 2021 By L.S. Howard Lloyd’s expects to reopen its underwriting room on Lime Street in London after Easter from April 12, or after the...
Viewpoint: Biometric Information Privacy Statutes Could Be a Minefield for Insurers February 19, 2021 By Brett A. Scher and Jean Y. Liu In recent years, there has been a dramatic increase in private entity use of biometric-dependent technology to assist with employee...
AM Best Upgrades E&S Outlook; Praises Resiliency, Clear Terms Amid Pandemic February 19, 2021 A.M. Best has upgraded its outlook for the U.S. excess & surplus lines insurance sector citing its resiliency in the...
Fitch Sees ‘Modest’ Homeowners Insurance Underwriting Loss for 2020 February 19, 2021 The homeowners insurance industry is poised to shift to a modest underwriting loss for 2020, reports Fitch Ratings, citing losses...
UK to Set Up Green Finance Hubs to Encourage Banks, Insurers to Invest in Renewables February 19, 2021 By Alex Morales The UK will set up green finance hubs in Leeds and London as part of efforts to encourage lenders and...
Insurers Expect ‘Hundreds of Thousands’ of Claims from Texas Storm February 19, 2021 By Suzanne Barlyn U.S. property insurers are bracing for claims for damage from collapsing roofs, bursting pipes and lost business as Texas takes...