Latest Carriers Headlines
All the headlines from our Carriers Topic Page, ordered by recency.
Tech Update: Risk Solved and expert.ai Offer Language-to-Data Solution for Insurers; Zurich Insurance Launches Global API Marketplace
Nov 10 2022 // Risk Solved and expert.ai Offer for Language-to-Data Solution for Insurers Risk Solved Ltd, a global risk management platform provider, and expert.ai, an artificial intelligence (AI) specialist in natural language...
Insuring Cannabis Summit: Making Carriers Comfortable, Ensuring Clients Sleep Well
Nov 10 2022 // Powered by InsuranceJournal.tv Making sure carriers are comfortable and your clients sleep well at night could be the key definition of what an insurance broker does. However, in the business of selling insurance to...
Washington AG Investigating ‘Possible Discrimination’ for Insurers Using Credit Scores
Nov 9 2022 // Attorney General Bob Ferguson announced that a Thurston County Superior Court judge rejected an attempt by PEMCO Mutual Insurance Company and subsidiaries of the Progressive Corporation to stop his office’s...
African Insurers Pledge $14 Billion of Cover for Climate Disaster Risks
Nov 9 2022 // A group of over 85 insurers in Africa has pledged to create a financing facility to provide $14 billion of cover to help the continent’s most vulnerable communities deal with climate disaster risks such as floods and...
Data Stolen From Australian Health Insurer Medibank Posted on Dark Web
Nov 9 2022 // Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted to a forum on the so-called dark web. The files appear to be a sample of the data that...
The Tiny Insurance Company Standing Between Taxpayers and a Costly Coal Industry Bailout
Nov 8 2022 // In a quiet commercial strip in an upscale suburb of Nashville, there’s a single-story brick building housing a company that may determine whether another billion-dollar taxpayer bailout of the coal industry is...
Insuring Cannabis Summit: Carriers Seeing Evolution of the Space
Nov 7 2022 // Powered by InsuranceJournal.tv Michael Hall was an early insurance carrier entrant into the insuring cannabis space. Yet, even as it has grown and his competition increases, he doesn’t seem to worry about losing...
Cyber Attack on Australian Insurer Medibank Far Bigger Than Initially Thought
Nov 7 2022 // A hack on an Australian health insurer appears to be far larger than initially suspected, with the company saying it will refuse to pay a ransom for the theft of data. The attack on Medibank Private Ltd. exposed the data...
Robust Business Continuity Plans Need Regular Updates – and Insurers Play Vital Role
Nov 4 2022 // Having a robust, fit-for-purpose business continuity plan (BCP) should be a central part of risk mitigation at any major organization, yet far too often companies don’t give enough consideration to the matter, and...
Lloyd’s Insurer Ascot Resumes Quoting Cargo Insurance for Black Sea Grain Shipments
Nov 2 2022 // Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor, the facility’s lead underwriter said on Wednesday after Russia announced it would resume...
Insurers Stop Offering Cargo Insurance for Ukraine Grains Shipments: Sources
Nov 2 2022 // Insurers are no longer offering new cargo insurance cover for shipments out of Ukraine through a U.N.-backed safe corridor after Russia suspended its participation, industry sources said on Tuesday. An export deal, agreed...
Carlyle Aviation Sues Insurers Over Seized Planes Leased to Russian Airlines
Nov 1 2022 // Carlyle Aviation Partners said it sued a group of insurance companies and re-insurers claiming they failed to pay for losses stemming from the seizure of planes leased to Russian airlines following the invasion of...
Update: Lloyd’s Insurer Ascot Pauses Writing New Cover for Ukrainian Grain Shipments
Oct 31 2022 // Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black Sea until it has more clarity about the situation there, a senior official said on...
Dubai Aerospace Sues 11 Insurers, Including Lloyd’s, AIG, Chubb, for Jets Stuck in Russia
Oct 28 2022 // Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd’s of London, AIG, Chubb and Swiss Re, two months after it wrote off almost $600 million for 19...
Aegon to Merge Dutch Arm With Insurer ASR Nederland in $4.9 Billion Deal
Oct 27 2022 // Aegon NV is combining its operations in the Netherlands with insurer ASR Nederland NV, in a bid for market dominance in the pension, life and non-life insurance sectors. Aegon agreed to a conditional deal for a total...
Rhode Island Bus Service, Health Insurer Sued Over Data Breach
Oct 27 2022 // Two people whose personal information was compromised in a data breach at Rhode Island’s public bus service that affected about 22,000 people sued the agency and a health insurer this week seeking monetary damages...
Carolina Company CFO Ordered to Pay Restitution to Insurer in $2 Million Embezzlement
Oct 26 2022 // The former chief financial officer for a Carolina-based manufacturing supply company must spend more than three years in prison and repay $2 million he embezzled, which includes payments made by the firm’s insurance...
New England Patriots Owner Alleges Insurer Fumbled Media Liability Claims
Oct 26 2022 // Kraft Sports and Entertainment, owner of the NFL’s New England Patriots, has sued Hiscox Insurance alleging the insurer has failed to respond under media liability insurance policies to multiple claims of copyright...
Florida High Court: Settlement Stands, Even Though Comp Insurer Named on Check
Oct 25 2022 // Adam Sounders agreed to settle his personal-injury lawsuit against a trucking company for $500,000, but pulled out of the deal when he received a settlement check that included a workers’ compensation lien holder as...
Re/Insurers Grapple With How to Respond to Claims From Nord Stream Pipeline Blasts
Oct 25 2022 // With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1’s insurers and reinsurers are grappling with how to respond to hundreds of millions of dollars...
