Some States Still Weigh Mandating Business Interruption Coverage March 16, 2021 By Andrew G. Simpson Since about a year ago when their business constituents began complaining that their insurance companies were telling them their policies...
Google Hires Deloitte’s Walsh to Lead North American Insurance Business March 11, 2021 By Andrew G. Simpson Google has hired former Deloitte Digital partner Nigel Walsh to lead its insurance business in North America. Walsh disclosed the...
Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses March 8, 2021 By Andrew G. Simpson If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured...
Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities March 5, 2021 By Andrew G. Simpson The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the...
Next Insurance to Acquire Affinity Agency AP Intego March 3, 2021 By Andrew G. Simpson Digital commercial insurance company Next Insurance has agreed to acquire AP Intego, a Massachusetts-based digital insurance agency providing small commercial...
Court Up’holds’ Insurers’ Denial of $6M Crime Claim for Phishing Loss March 1, 2021 By Andrew G. Simpson Real estate software maker RealPage has been denied a $6 million computer crime insurance coverage claim because the stolen funds...
Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses February 22, 2021 By Andrew G. Simpson If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured...
It Could Have Been Worse. COVID-19’s Impact on Workers’ Compensation February 22, 2021 By Andrew G. Simpson While it obviously presented challenges, 2020 is looking like it may not have been such a bad year for workers’...
Future of the Insurance Industry and Who Owns It: 3 Scenarios From Verisk’s Anquillare February 17, 2021 By Andrew G. Simpson The question is not whether the future of the insurance industry is bright. “Few industries are better positioned for outstanding...
Progressive to Buy Transportation Insurer Protective for $338 Million February 16, 2021 By Andrew G. Simpson The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake...