Markets
Carnival Cruise Pandemic Liability Likely Covered by ‘Death on the High Seas Act’
Carnival Corp. is poised to dramatically curb monetary damages for passengers killed by the coronavirus under the latest court decision to side with the company. If a ruling Monday by a Los Angeles ...
Bayer Resolves More Roundup Cases
Attorneys for Bayer AG and consumers suing the company over allegations its Roundup weedkiller caused cancer told a judge on Thursday they are continuing to resolve thousands more cases, improving ...
The Big Re: Continuing Coverage
The Big Re is Carrier Management's hub for reinsurance. Launched during the week of what would have been the Reinsurance Rendez-Vous de Septembre, Big Re aims to provide complete reinsurance coverage ...
Executives On The Move at W.R. Berkley and Marsh
W.R. Berkley appointed a new president to lead one of its divisions. Marsh named a new Chief Digital, Data and Analytics officer.***
W.R. Berkley Corp. appointed ...
A.M. Best said Spinnaker Will Benefit From Hippo’s Acquisition
Hippo's acquisition of Spinnaker Insurance drew favorable attention from A.M. Best. The ratings agency removed Spinnaker from under review with developing implications and affirmed both it's A- ...
U.S. Justice Department Pitches Change to Internet Platforms’ Immunity
President Donald Trump met with nine Republican state attorneys general on Wednesday to discuss the fate of a legal immunity for internet companies after the Justice Department unveiled a legislative ...
Lloyd’s CEO Neal Predicts Appeal Regarding UK Business Insurance Ruling
Lloyd's of London Chief Executive John Neal said on Thursday he expected a London judgment, which ordered some insurers to compensate struggling businesses for losses during the COVID-19 pandemic, to ...
Pandemic Losses Forestall Liability Insurance Turnaround
Projecting future property/casualty insurance market profit is always challenging. The economic and social impact of the ongoing coronavirus pandemic greatly compounds the uncertainty of this effort. ...