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India Insurer Star Health Sues Telegram After Hacker Uses App’s Chatbots to Leak Data
Sep 26 2024 // Top Indian insurer Star Health has sued Telegram and a self-styled hacker after Reuters reported that the hacker was using chatbots on the messaging app to leak personal data and medical reports of policy holders. The...
Central European Insurers’ Financial Strength to Remain Solid Despite Severe Floods
Sep 25 2024 // The heavy rains and severe floods of Storm Boris, which inundated Central and Eastern Europe during the second week in September, will be the most severe flood event in about a decade, carrying an insurance price tag of an...
US Court Declines to Dismiss Mandarin Hotel COVID-19 Claim Against Insurers
Sep 25 2024 // Insurers have failed to win dismissal of a federal COVID-19 business interruption lawsuit against them by the luxury hotel chain Mandarin Oriental. Judge John P. Cronan of U.S District Court in New York found that...
Mutually Beneficial: How One Midwest Mutual Insurer Recovered From Financial Storms
Sep 24 2024 // When Iowa mutual GuideOne Insurance began assessing ways to add an infusion of capital to strengthen its balance sheet, the company went to the usual places a mutual of its size might turn to for financial...
Lloyd’s Syndicate Firm Launches Professional Liability Insurer, Based in Charlotte
Sep 23 2024 // Beat Capital Partners, a London-based incubator of underwriting franchises and subsidiary of Ambac Financial Group, said it has launched a professional liability insurance company, based in Charlotte. ProRise Insurance...
Couple Accused of Using Theater Group’s Credit Card Settles With Insurer
Sep 23 2024 // A Connecticut couple who previously lived in Tampa, Florida, has agreed to settle a subrogation lawsuit brought by Philadelphia Indemnity Insurance Co., which accused the couple of using a nonprofit theater group’s...
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