September 20, 2021
AXA XL Names Clark as Marine Liabilities Global Practice Leader AXA XL’s Global Marine insurance business has appointed Stephen Clark as its Marine Liabilities Global Practice leader. Based in Chicago, Clark assumes this new role in addition to retaining his …
September 20, 2021
Three western Massachusetts towns are looking for a new home for their senior center after an environmental assessment found asbestos, lead paint and mold in the 90-year-old building they had been using. The South County Senior Center in Deerfield, Massachusetts, …
September 20, 2021
A woman who said her father, a former pastor of a Delaware church, sexually abused her as a child and trafficked her to other men, was awarded $1.5 million by a federal jury on Friday. Alicia Cohen, 41, said in …
September 20, 2021
Cover Whale Insurance Solutions Inc., a Rancho Santa Margarita, Calif.-based insurtech, is partnering with excess and surplus lines insurer Everspan Indemnity Insurance Co., to offer a commercial trucking insurance program. Cover Whale offers underwriting and data tracking via its proprietary …
September 20, 2021
Insurers have revealed a cautious willingness to underwrite fire safety risks on new projects to remove defective cladding from high rise buildings. Around two-thirds of respondents to a survey by the International Underwriting Association (IUA) stated they would provide a …
September 20, 2021
Self-driving startup Argo AI, automaker Ford Motor Co. and Walmart Inc. will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday [Sept. 15]. Initial integration testing is expected to begin later …
September 20, 2021
Foxquilt, a Toronto-based insurtech, announced it has raised an $8 million financing round led by Luge Capital with participation from AmTrust Financial, Extreme Venture Partners and Side Door Ventures. The new capital will be used to support talent acquisition, product …
September 20, 2021
Convex Group Ltd. announced the launch of a Luxembourg-based European insurance entity, Convex Europe SA (CES). Convex received regulatory approval on Sept. 15, 2021 from the Luxembourg regulator, the Commissariat aux Assurances (CAA). CES has received an “A-” rating from …
September 20, 2021
Two Italian tycoons who are leading investors in Generali are looking for allies after joining forces in a bid to have a say over the choice of the insurer’s next chief executive, a document showed on Friday. Construction magnate Francesco …
September 20, 2021
On the lower floors of HSBC Holdings Plc’s Canary Wharf headquarters, the desks are filling up. Traders, salespeople and close support staff not currently in the office have been told they are expected to be at their workstations on the …