Risk
U.S. General Liability Insurance Assigned A.M. Best Negative Outlook
The U.S. commercial general liability insurance segment gets a negative outlook from A.M. Best, due to concern about social inflation, third-party litigation financing and other factors leading to ...
Lloyd’s, InsurTech Parsyl Will Cover Emerging Market COVID-19 Vaccine Distribution
Lloyd's of London and insurtech firm Parsyl have launched a program to insure the distribution of COVID-19 vaccines in emerging markets as drugmakers race to address the biggest global logistical ...
Bipartisan COVID-19 Plan Separates Coronavirus Liability Protections, State Aid
A bipartisan group of lawmakers released proposed Covid-19 relief legislation that may provide momentum for breaking a months-long impasse, by separating out coronavirus liability protections and ...
APCIA 2021 Lobbying Priorities: Pandemic, Social Inflation, Disaster Mitigation and More
Despite the ongoing coronavirus pandemic, insurance industry lobbyists such as Nat Wienecke of the American Property Casualty Insurance Association have continued to do their jobs. Like most of us, ...
Cyber Attacks Reportedly Hitting Coronavirus Vaccine Distribution Infrastructure
Cyber attacks have been waged against COVID-19 vaccine distribution infrastructure, including a cold-chain storage company, U.S. Senator Gary Peters said on Thursday. "IBM recently released a very ...
Chubb Establishes Digital Team for Continental Europe, UK and Ireland
Chubb's push to broaden its digital product and service offerings has led to the creation of a new team in the space for Continental Europe, the United Kingdom and Ireland. The team will also focus ...
Banks, Global Law Enforcement Battle COVID-19 Crime Wave
Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one Saturday in March heralded a new era, of tackling criminals seeking to cash in on coronavirus. ...
UK Travel Insurance Startup Raises $12M; U.S. Headquarters Planned
UK startup battleface Inc., a company that specializes in tech-enabled global travel insurance, raised $12 million in new venture capital financing designed to fuel growth, market expansion and ...