Underwriting
Munich Re Saw COVID-19 Claims Slow Down in Q3
German reinsurance group Munich Re said on Monday that claims related to the coronavirus pandemic have slowed so far in the third quarter but that it expects hits from a series of hurricanes in North ...
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 ...
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 ...
PartnerRe Rejoins Largely Unchanged Reinsurance Top 10: A.M. Best
The 10 largest global reinsurers of 2019 represent a paragon of stability, according to A.M. Best's new market segment report. That's largely because so little changed from the year before. Nine of ...
Swiss Foundation Settles Cryptocurrency Fundraiser Lawsuit With $25M Payment
A three-year-long U.S. court battle over a cryptocurrency fundraiser, one of the largest initial coin offerings ever, has ended with a Swiss foundation paying $25 million ...