Risk
European Insurers Urge Regulators to Avoid Banning Dividends Due to COVID-19
Global regulators should not ban insurers from paying dividends as a result of COVID-19 and should give firms more time to report their capital positions, European insurers said on Monday. The ...
British Entertainment Industry Seeks Government Insurance Help
British theaters and live music venues say the show will only go on if the government provides a financial backstop, as the COVID-19 pandemic means they can no longer get commercial insurance. While ...
U.S. Commercial Insurance Prices Continued Robust Climb in Q2 as Uncertainty Mushroomed
U.S. commercial insurance prices continued their robust climb in the 2020 second quarter, rising by close to 10 percent overall compared to the same period a year ago, according to Willis Towers ...
U.S. Insurers Slammed by Natural Disasters Catch Partial Break on Pandemic
As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the novel coronavirus is giving them an odd financial break. Many ...
Employee Safety, Fraud and Facility Shutdown Among Top Concerns of Midsize Businesses: Report
Not surprisingly, pandemic risks are among the top concerns for midsize businesses in 2020, tying for the No. 3 spot and beating out reputational risks, regulatory issues and risks related to climate ...
Cowbell Cyber Expands Into Texas and More
Cowbell Cyber, which uses artificial intelligence to sell cyber cover for small to mid-sized businesses, has expanded into Texas, Ohio, Indiana and Michigan. The company said its Cowbell Prime ...
Insurance Shortfalls Emerge for Covering Demolition of Buildings Destroyed by Riots
Some commercial property owners whose businesses were torched by rioters are learning that they don't have enough insurance to clear away the debris. The StarTribune newspaper reported Monday that ...
InsurTech Startup Evident Gains Further Traction During Coronavirus Pandemic
Evident (also known as Evident ID), is a four-year-old InsurTech startup generating some added momentum since the COVID-19 pandemic struck in March, making nearly every meeting, business transaction ...