Willis Towers Watson announced the launch of CyNav, a new type of cyber insurance cover designed specifically for shipowners. The new product addresses the growing need for an explicit marine cyber solution, built from the ground up to specifically address …
A New Jersey appeals court has upheld a trial court’s ruling that Chubb Insurance Co. is not responsible for damages to two insureds’ homes caused by Superstorm Sandy because of a flood exclusion in their policies. In October 2012, Superstorm …
Canopius announced the appointment of Craig Elliott as casualty underwriter for the region, effective May 4, 2020. He reports to Claudio Saita, head of Australia & Pacific, and is based in the company’s Sydney office, established last June as part …
A Paris court ruled last week that AXA should pay a restaurant owner two months of revenue losses caused by the virus pandemic. AXA had argued its policy did not cover business disruption caused by the health crisis. Stephane Manigold, …
With forecasters predicting another intense Atlantic hurricane season with as many as 13 to 19 named storms, disaster preparedness experts say it’s critically important for people in evacuation zones to plan to stay with friends or family, rather than end …
This summer, the National Aeronautics and Space Administration will launch a rover designed to collect samples of the Martian surface and store them until they can eventually be brought back to Earth. When they arrive, according to a former NASA …
An NFL player is suing United Airlines, saying he was harassed and sexually assaulted by an intoxicated female passenger on a red-eye flight in February. The player said in a lawsuit that soon after boarding the cross-country flight, a woman …
CREST Insurance Group of Colorado has added Lyal Stephen and Dylan Vallino to the fir in the new Ft. Collins location. Both will be producers in the employee benefits division. Lyal was previously a broker at PFS Insurance Group. Dylan …
Berkshire Hathaway Specialty Insurance (BHSI) is now offering Defense Base Act (DBA) insurance on a global basis through its DBA-dedicated underwriting and claims team in Dubai. According to Neeraj Yadvendu, head of Third-Party Lines, BHSI Middle East, the mandatory coverage …
CFC has released an insurance product for licensing agreements that expands on the company’s suite of media and intellectual property insurance products. According to the company, the global licensing industry is rapidly expanding as brand owners increasingly monetize their intellectual …
