S. African Regulator Says Business Interruption Virus Claims Don’t Pose Systemic Risk July 16, 2020 By Roxanne Henderson South Africa’s Prudential Authority expects that business-interruption claims linked to the Covid-19 pandemic poses little systemic risk to the insurance...
Reinsurance Capital Dips 6%, Tightening of Capacity Accelerates: Aon July 16, 2020 By Susanne Sclafane Global reinsurance capital fell 6% to $590 billion for the first quarter of 2020, Aon reported in its June/July Reinsurance...
North Carolina Supreme Court Blocks Order Allowing Bowling Alleys to Reopen July 16, 2020 North Carolina’s highest court has temporarily blocked a judge’s ruling that allowed dozens of North Carolina’s bowling alleys to reopen...
Viewpoint: Changing How We Recruit – The Future of Insurance Post COVID-19 July 16, 2020 By Tracy Thom Typically each spring, a crop of fresh college graduates enters the workforce, making the critical first steps to determine personal...
Insurance Agency and Brokerage M&A Trends to Watch Amid the COVID-19 Pandemic July 16, 2020 By Thomas Trullinger The COVID-19 pandemic has created challenges for many businesses across the globe, including the insurance industry. But so far, the...
Warning of ‘Trivial’ Suits, Judge Dismisses Cruise Passengers’ COVID-19 Claims July 16, 2020 By Tom Hals A federal judge dismissed lawsuits by Grand Princess cruise ship passengers who sued for emotional distress caused by their fear...
The Class of 2020: Capital Raising for Existing Firms or Insurance Startups? July 16, 2020 By Susanne Sclafane Even though accelerating hard market conditions may seem ideal for a growing crop of professionals with designs on starting up...
High-Tide ‘Nuisance’ Flooding to Continue to Grow and Plague U.S. Communities: NOAA July 16, 2020 Coastal communities in the U.S. continued to see record-setting high-tide flooding last year, forcing their residents and visitors to deal...
Coalition in California Names Weryk Head of Business Development July 16, 2020 San Francisco, Calif.-based Coalition has named Marcin Weryk head of business development. Weryk will support growth by driving the company’s...
CIA-Leavitt Insurance Agency Acquires Goetz Insurors in Colorado July 15, 2020 CIA-Leavitt Insurance Agency has acquired Goetz Insurors in Fort Morgan, Colo. Terms of the deal were not disclosed. Goetz Insurors...