Norwegian Cruise Ship Operator SeaDream Cancels All Sailings After Virus Outbreak November 18, 2020 By Nora Buli Norwegian-owned cruise ship operator SeaDream Yacht Club has canceled all sailing for the remainder of 2020 after positive COVID-19 test...
Aon Launches Asia Pacific Capital Advisory Unit to Assist Re/insurer Clients November 18, 2020 Insurance broker Aon plc has launched an Asia Pacific Capital Advisory unit within Reinsurance Solutions to deliver a holistic approach...
The Insuring Cyber Podcast Episode 2: Forget the Stars, Insurers are Shooting for the Cloud November 18, 2020 Recent research shows that more insurers are taking advantage of Cloud technology for data storage and managing business functions. According...
UK Insurer RSA Accepts $9.6 Billion Cash Takeover Offer November 18, 2020 By Iain Withers and Carolyn Cohn Canada’s Intact Financial and Denmark’s Tryg on Wednesday said they had reached an agreement to buy British insurance group RSA...
South African Insurer Santam Loses COVID-19 Business Interruption Test Case November 18, 2020 By Roxanne Henderson A Cape Town court ordered Santam Ltd. to pay out business-interruption claims to two South African hospitality companies, potentially opening...
Atlanta-Based INSUREtrust Adds Waldrep as Account Manager November 18, 2020 Atlanta-based INSUREtrust has added Patrick Waldrep as an account manager in Georgia. Before joining INSUREtrust, Patrick worked as a sales...
West Virginia Boarding School Settles Abuse Lawsuit for $52M November 18, 2020 A lawsuit alleging widespread abuse at a now-closed northern West Virginia boarding school has been settled for $52 million. The...
HSCM Bermuda Takes Majority Stake in Florida Insurer Southern Fidelity After Merger November 18, 2020 By Amy O'Connor After a tumultuous year that included double-digit rate increases, an intervention by the state regulator and a merger, Florida-based insurer...
Insurers Using Counter-Intuitive Arguments to Escape COVID Liabilities: UK Regulator November 18, 2020 By Kirstin Ridley and Carolyn Cohn Insurers are trying to escape liability for pandemic-related business losses with counter-intuitive arguments that go against the essential purpose of...
Gray Surplus Lines Insurance to Launch Dec. 1 in Louisiana November 18, 2020 Metairie, La.-based Gray Insurance Co. is expanding its excess casualty capabilities with the launch of Gray Surplus Lines Insurance Co....