Lloyd’s Insurer Lancashire Holdings Raises US$352M to Target Hard Market Opportunities June 10, 2020 Lancashire Holdings Ltd. has completed an equity capital raise of approximately £277 million (US$352 million) through the placement of new...
New York DFS Launches Program to Drive Innovation Post-Pandemic June 10, 2020 The New York State Department of Financial Services (DFS) has launched DFS FastForward, a new program to support innovators seeking...
California School Districts Lining Up to Fight JUUL in Lawsuits June 10, 2020 A national coalition of law firms has filed suit on behalf of the Pomona Unified School District against JUUL Labs...
A.M. Best Affirms North American Casualty Group Companies’ Ratings June 10, 2020 Ratings issuer A.M. Best said it has removed from under review with negative implications and affirmed the Financial Strength Rating...
Insured Losses from Storm Cristobal Estimated at $150 Million June 10, 2020 Catastrophe modeling firm Karen Clark & Company (KCC) said on Wednesday it expects insured losses of close to $150 million...
New York’s ReSource Pro Hires Jain as Carrier Practice Leader June 10, 2020 ReSource Pro has hired Anuj Jain as its Carrier Practice leader. In this role, Jain will be responsible for developing...
Pennsylvania Provides Guidance for Businesses Damaged During Civil Unrest June 10, 2020 Pennsylvania Insurance Commissioner Jessica Altman has released guidance to Pennsylvania businesses damaged during the civil unrest across the state. The...
Florida Supreme Court Suspends Attorney Behind Thousands of Insurer Lawsuits June 10, 2020 By Amy O'Connor The Florida Supreme Court has granted an emergency request by The Florida Bar to immediately suspend an attorney who, with...
Fidelis Insurance Raises $500 Million of Equity Capital for Growth in Hardening Market June 10, 2020 Fidelis Insurance Holdings Ltd. announced it has raised $500 million of equity capital from existing investor relationships. On top of...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory June 10, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift....