What ‘Follow the Fortunes’ Means for COVID-19 Reinsurance Claims July 8, 2020 By Susanne Sclafane How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance...
Miami Halts Indoor Dining as Florida Hospitals Approach Capacity July 8, 2020 By Adriana Gomez Licon and Lisa Marie Pane Hospitals rapidly approached capacity across the Sunbelt, and the Miami area closed indoor dining at restaurants and gyms again because...
TrueNorth Adopts First MainStreet Insurance Name; Acquires Hylant of Nashville July 8, 2020 The TrueNorth Companies Nashville branch will adopt the name of its affiliate, First MainStreet Insurance (FMSI), as part of its...
Aviva’s New Boss Has One of Toughest Jobs in European Finance: Opinion July 8, 2020 By Chris Hughes, Bloomberg Opinion It’s time for someone else to have a go at one of the toughest jobs in European finance: deciding the...
AXA XL Names McGovern as CEO UK & Lloyd’s Market July 8, 2020 AXA XL announced that Sean McGovern has been appointed as CEO UK & Lloyd’s market, subject to regulatory approval. McGovern...
New Ventures Seize Opportunities as Insurers Cope with Coronavirus Losses July 8, 2020 By Carolyn Cohn Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums –...
Rice to Retire from Ryan Specialty Group at Year-End July 8, 2020 Mike Rice Sr. will retire from Chicago-based Ryan Specialty Group LLC (RSG) at the end of the year, the company...
Cannasure Adds McErlean in California as Director of Business Development July 8, 2020 Cannasure Insurance Services has named Jim McErlean director of business development. McErlean will be based in the Redondo Beach, Calif.,...
Losses From Civil Protests May Cause Insurers to Rethink Property Coverage July 8, 2020 By Jim Sams The civil disturbance that started in Minneapolis after the killing by police of George Floyd spread to 20 other states,...
After CoreLogic Rejects Their Takeover Bid, Investment Firms Vow to Press Ahead July 7, 2020 The board of data analytics firm CoreLogic yesterday unanimously rejected an acquisition offer from an investment firm and hedge fund,...