Supreme Court May Overturn Tradition of Courts Deferring to Regulatory Agencies March 28, 2019 By Greg Stohr and Jennifer A. Dlouhy The U.S. Supreme Court’s conservative justices expressed doubts about a precedent that business groups and the Trump administration say gives...
HDI Global Specialty to Launch Australia General Aviation Team, Led by QBE’s Bowes March 28, 2019 HDI Global Specialty SE – Australia, the new specialty lines insurer, has recruited Jamie Bowes as head of Aviation as...
UK Insurers Pay Record £1 Million ($1.3 Million) Each Day for Vehicle Thefts: ABI March 28, 2019 A surge in vehicle thefts, including keyless car crime, has led to motor insurers paying out a record £1 million...
SCOR Investment Partners Promotes Rostan as Head of Insurance-Linked Securities March 28, 2019 SCOR Investment Partners announced the promotion of Sidney Rostan as head of Insurance-Linked Securities (ILS), effective April 1, 2019. Sidney...
Neon Leads New London Political Risks Consortium, Offering $100M Limit Per Policy March 28, 2019 Specialist Lloyd’s insurer Neon announced it will lead a newly established London Political Risks Insurance Consortium, with MS Amlin becoming...
Engine Failure on Luxury Cruise Ship Blamed on Low Level of Engine Lubricating Oil March 28, 2019 The engines of a luxury cruise ship that narrowly escaped disaster during a storm off Norway on Saturday failed because...
China Pledges Expanded Market Access for Foreign Investors in Banking, Insurance March 28, 2019 By Kevin Yao and Dominique Patton China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector,...
Seeman Holtz P&C Acquires Assets of Wisconsin’s Prey Insurance Services March 28, 2019 Florida-based Seeman Holtz Property & Casualty LLC announced the asset acquisition of Prey Insurance Services LLC, headquartered in Shawano, Wisconsin....
Sayata Labs Raises $6.5M for Cyber Risk Underwriting Service March 28, 2019 Tel Aviv-based Sayata Labs has raised $6.5 million in seed funding for its cybersecurity and data science capabilities that give...
Distracted Driving Habit Is Proving Tough for Americans to Break March 28, 2019 Nearly eight in 10 consumers talk on the phone while driving and more than 30 percent admit to having been...