Feinberg Named Mediator for Bayer Roundup Liability Settlement May 23, 2019 By Tina Bellon A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation...
Clyde & Co. Launches Connected Parametric Insurance Contract May 23, 2019 Global law firm Clyde & Co has launched an off-the-shelf connected parametric insurance contract for use by insurers through its...
Argo Shareholder Voce Ends Battle over Board Members, Alleges ‘Underhanded Tactics’ May 23, 2019 An activist Argo shareholder that had accused the insurer of extravagant spending and other corporate missteps has ended its battle...
Verisk Reorganizes Geomni Business to Enhance UK and Europe Solutions May 23, 2019 Verisk’s GeoInformation Group, a provider of geospatial products, has been folded into Verisk’s Geomni business and renamed Geomni UK. The...
Liberty Mutual Reinsurance Launches Operation Using Lloyd’s Mexico Platform May 23, 2019 Liberty Mutual Reinsurance the reinsurance arm of Liberty Specialty Markets, announced it has launched a reinsurance operation under Lloyd’s registration...
Reinsurer SCOR Acquires Fund Manager Specializing in Insurance Linked Securities May 23, 2019 French reinsurer SCOR said it had agreed to buy 100% of Coriolis Capital, an asset manager specialized ininsurance-linked securities, for...
Allianz Invests in Canadian Robo Adviser Wealthsimple, Leading $75M Funding Round May 23, 2019 By Sandrine Rastello Wealthsimple, the Canadian robo adviser company controlled by Power Financial Corp., is gaining another behemoth shareholder as it slowly gears...
AXA XL Promotes Gauder in Illinois to Lead North Central Region May 23, 2019 AXA XL has promoted Brian Gauder to lead its North Central region out of Chicago, Ill. AXA also named Raymond...
Sand-Bag Barrier in Mississippi Overwhelmed by River Flooding May 23, 2019 By Jeff Amy Floodwaters overwhelmed a miles-long sandbag barrier over the weekend, drenching another community in the southern end of the Mississippi Delta....
HSB Launches Cyber Insurance Endorsement for Farmers May 23, 2019 Hartford Steam Boiler (HSB) has launched a new HSB Farm Cyber Insurance product designed to protect farmers and farm technology...