ILS Capital’s Prospero Re Gets Bermuda Regulator Nod to Write Traditional Reinsurance December 3, 2020 Prospero Re Ltd., a reinsurance company wholly owned by ILS Capital Management with $250 million in statutory capital, has received...
Tropical Cyclone Burevi Heads to Southern India After Ramming Sri Lanka December 3, 2020 By Waruna Karunatilake COLOMBO — The Burevi tropical cyclone is headed towards southern India, authorities said on Thursday, after it slammed Sri Lanka’s...
New Insurance Group Inigo Gets Approval from Lloyd’s to Start Underwriting in January December 3, 2020 Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip...
Huber to Lead Southeast Expansion for Core Assurance Partners December 3, 2020 Core Assurance Partners, Inc. has hired Rob Huber to the firm as deputy managing director of Core Assurance Atlanta, LLC,...
Small Business Insurtech Huckleberry to Offer Pandemic Business Interruption Plan December 3, 2020 Huckleberry, a small business insurance purchasing platform, has launched a new offering designed for small businesses impacted by pandemic-related stressors...
Fired Employees Accuse Google of Labor Violations Over Handling of Protests December 3, 2020 By Paresh Dave The National Labor Relations Board will file a complaint accusing Alphabet Inc.’s Google of unlawfully monitoring and questioning workers, who...
Chubb’s Keogh Adds Title of President to Chief Operating Officer December 3, 2020 Global insurer Chubb announced that John Keogh, executive vice chairman of Chubb Group and chief operating officer, has been appointed...
Palomar Holdings in California Names Grant Chief Legal Officer December 3, 2020 La Jolla, Calif.-based Palomar Holdings Inc. has named Angela Grant chief legal officer. Grant will oversee all in-house and corporate...
Automakers Unveil Steps for U.S. to Speed Up Self-Driving Vehicle Deployment December 3, 2020 By David Shepardson A group representing major automakers is unveiling a detailed proposal Wednesday aimed at making it easier to deploy thousands of...
2020 Hurricane Season Set Multiple Records December 3, 2020 A record-setting Atlantic hurricane season that saw the highest number of named storms officially came to a close Monday. The...