Lloyd’s Launches Biz Interruption Insurance Policy for SMEs, Led by Tokio Marine Kiln September 30, 2020 Lloyd’s has launched a new “first-of-its-kind” business interruption policy for small-and-medium-sized enterprises (SMEs), specifically designed to protect them against IT...
Private Equity Firm Hg Invests in Hyperion in Transaction Valued at US$5 Billion September 30, 2020 Hg, the European private equity investor focused on software and service businesses, announced it will make a significant long-term equity...
Many Financial Firms and Governments See Cryptocurrencies as Risky: Survey September 30, 2020 By Tom Wilson Financial firms and governments overwhelmingly see cryptocurrencies as risky, a major survey found on Tuesday, with the potential for bitcoin...
Florida Attorney Behind Thousands of Insurer Lawsuits Violated 14 Bar Rules: Judge September 30, 2020 By Amy O'Connor Embattled Florida attorney Scot Strems, who, with his firm, has filed thousands of assignment of benefit and first party lawsuits...
Equity Volatility Is Most Significant Risk for Investors: AIA Group CIO September 30, 2020 By Divya Chowdhury Heightened equity market volatility extending beyond the U.S. presidential election is the most significant risk for investors, AIA Group’s chief...
HDI Global Specialty Names Inter Hannover’s Barenthein as MD of Scandinavian Branch September 30, 2020 HDI Global Specialty SE has appointed Thomas Barenthein as the managing director of its Scandinavian Branch. Barenthein joins the specialty...
COVID-19 Crisis Renews Attention on Systemic (Uninsurable) Risks September 30, 2020 By L.S. Howard Reinsurers and insurers for years have been worried about systemic risks – those uninsurable risks with the potential of surpassing...
Texas Records $717.76M in Surplus Lines Premium in August September 30, 2020 The Surplus Lines Stamping Office of Texas (SLTX) recorded $717.76M in Texas surplus lines premium during the month of August....
Agents Warned of ‘Creative’ Attorneys, Virus Lawsuits September 30, 2020 By Stephanie K. Jones Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing...
Worker’s Compensation Rates to Decrease in Idaho for 2021 September 29, 2020 A proposal for a 1.7% overall rate decrease to Idaho workers’ compensation insurance, effective Jan. 1, 2021, has been approved...