Businesses Face Fewer Cyber Events, But the Attacks Are More Costly September 24, 2020 By Meghan Hannes The stakes are higher than ever for businesses when it comes to cyber risk, especially with the added complexity of...
Insurers, Policyholders, Analysts React to UK’s COVID-19 Business Interruption Ruling September 15, 2020 Insurers and observers are weighing in on the ruling by a London court in a test case brought by Britain’s...
Major UK Ruling on Business Insurance for COVID-19 Claims Expected Tuesday September 14, 2020 By Benjamin Robertson and Lucca de Paoli Insurers battered by coronavirus are about to find out how much worse the damage could get. A London court is...
British Theatres, Concerts Say Shows Will Go on Only With Insurance Help September 8, 2020 By Carolyn Cohn and Barbara Lewis British theaters and live music venues say the show will only go on if the government provides a financial backstop,...
One80 Launches Transportation Threat Protect Program for Commercial Auto Operations August 21, 2020 One80 Intermediaries (One80), a national wholesale insurance broker and program manager headquartered in Boston, has launched the Transportation Threat Protect...
Krefta, CEO of Hiscox Re & ILS, to Exit Hiscox to Pursue Interests Outside of Insurance August 3, 2020 Hiscox, the global specialist insurer, announced that Mike Krefta has decided to return to the UK in early 2021, having...
Insurer Hiscox Reserves $232 Million for Coronavirus-Related Claims in First Half August 3, 2020 By Muvija M and Carolyn Cohn Hefty payouts for sports events and holidays canceled due to the coronovirus crisis helped send insurer Hiscox deep into the...
Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case July 20, 2020 By Lucca de Paoli and Benjamin Robertson UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol,...
Hiscox Appoints Petrone as Senior Vice President Based in Manhattan July 15, 2020 Hiscox, the international specialist insurer, has appointed Adam Petrone as senior vice president and Northeast regional executive in the U.S....
Insurers Are Creating Products for World Where Pandemics Could Become New Norm July 10, 2020 By Noor Zainab Hussain Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left...