EagleView Wins $125M Patent Infringement Award, Sales Halt Against Verisk September 30, 2019 By Andrew G. Simpson A New Jersey jury last week ordered insurance data services firm Verisk to pay $125 million to aerial imaging firm...
New York Court Denies Industry Request to Delay E-Cigarette Ban September 30, 2019 A state judge has denied the vaping industry’s request to delay a New York emergency ban on flavored e-cigarette sales....
London Market’s Early Modernization Program, LM TOM, Is Being Wound Down September 30, 2019 The Board of the London Market Group (LMG) announced that the London Market Target Operating Model (LM TOM) has been...
Massachusetts Man Indicted for $45K Insurance Fraud Scheme September 30, 2019 A Salem, Mass., man was indicted in connection with a scheme to set up a shell company to fraudulently collect...
Massachusetts’ EverQuote Hires Watt as Senior VP of Distribution Services September 30, 2019 EverQuote Inc., a Cambridge, Mass.-headquartered, online insurance marketplace in the U.S., has hired Jay Watt as senior vice president of...
Risk Strategies Acquires New York’s Bedrick-Kaitz Agency September 30, 2019 Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Bedrick-Kaitz Agency Inc. (BKA), a New...
Switzerland’s Helvetia to Begin Underwriting Worldwide Aviation Insurance in October September 30, 2019 Helvetia Specialty Lines CH & International announced it will begin writing aviation insurance in October. Helvetia’s aviation team will offer...
Update on Lawsuits Targeting Vaping; Litigation Expected to Grow September 30, 2019 By Brendan Pierson Several deaths and potentially hundreds of illnesses tied to e-cigarettes, which allow users to inhale nicotine vapor, often flavored, without...
Insured Losses from Typhoon Faxai Estimated at US$5 Billion to US$9 Billion: RMS September 30, 2019 RMS, the Newark, Calif.-based risk modeling and analytics firm, has estimated that the insured loss from Typhoon Faxai will be...
U.K. Embraces E-cigarettes, as U.S. Scrambles to Crack Down on Vaping September 30, 2019 By Maria Cheng While the U.S. scrambles to crack down on vaping, Britain has embraced electronic cigarettes as a powerful tool to help...