NYC Comptroller Urges Major Insurance Companies to Cut Ties with Coal Industry April 30, 2020 By Elizabeth Blosfield New York City Comptroller Scott M. Stringer has called on three multi-national insurance companies to end business ties with the...
Lockton Re in London Taps Aon Re’s Mallon, Neon’s Foxall for North America, Int’l Teams April 30, 2020 Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, announced two new appointments in...
Swiss Re Reports Q1 Loss of $225M as Impact of COVID-19 Crisis Begins to Hit April 30, 2020 Reinsurer Swiss Re swung into a net loss in the first quarter of 2020 as the impact of the coronavirus...
UK Regulator Probes Events Firms for Failure to Pay Refunds During COVID-19 Crisis April 30, 2020 Britain’s competition regulator said it has opened investigations into thousands of complaints about companies refusing to pay refunds for canceled...
Top Insurers Face Lawsuit from UK Hospitality Sector on Rejected Biz Interruption Claims April 30, 2020 By Kirstin Ridley and Carolyn Cohn Top insurers such as AXA, RSA, QBE and Zurich face a potential multi-million-pound lawsuit from British pubs, hotels, restaurants and...
Georgia Coronavirus Deaths Top 1,000 Amid Reopening Effort April 30, 2020 By Russ Bynum and Jeff Amy Georgia officials reported Tuesday the coronavirus has killed more than 1,000 people statewide as some local officials urged people to...
NTSB: Failure to Heed Warnings Led to Missouri Duck Boat Sinking April 30, 2020 The primary cause of the sinking of a tourist-carrying duck boat on a Missouri lake in July 2018, in which...
Court Nixes $64M Award Against Fireman’s Fund in Reinsurance Spat with Utica Mutual April 30, 2020 By Jim Sams A federal appellate court on Tuesday overturned a jury’s award of $64 million against Fireman’s Fund Insurance Co. for allegedly...
After Crisis, It Won’t Be Business as Usual – It Will Be Business Done Better: Opinion April 30, 2020 By Rupin Mago As the insurance industry begins to settle into the new norm of working from home (WFH), most companies will be...
Most Firms Have Some Cyber Insurance But Gaps in Coverage Remain: Survey April 30, 2020 The majority of businesses are insured against traditional cyber risks, such as breaches of personal information, but most remain vulnerable...