Commercial Lines
Hiscox, RSA, Other Carriers Will Join UK Pandemic Cover Test Case
Insurers including Hiscox , RSA and QBE will take part in a UK test case to decide whether their policies should pay out millions of pounds to companies hit by the coronavirus pandemic, the industry ...
Institute Creating Pandemic Discovery Protocols for Litigation
A nonprofit group that works to improve the efficiency of the legal system has launched a new project to create discovery protocols for COVID-19 insurance claims. The Institute for the Advancement of ...
Swiss Re Corp Solutions Launches Parametric HAIL Cover
Swiss Re Corporate Solutions announced the launch of a parametric hail insurance cover last week. Known as HAIL, the new product is designed to protect companies in the United States from the ...
Cities Find Greener Approaches To Tackle Storm Floods
For more than a century, New Orleans has depended on canals and pumps to get rid of stormwater in a city where about half the land is below sea level. Now the bustling Mississippi River port that ...
Hurricanes and Coronavirus ‘Not a Good Mix,’ KCC Warns
"Hurricanes and COVID-19 are not a good mix," says catastrophe modeling firm Karen Clark & Co. in a new Event Brief, warning that the pandemic will make what forecasters already predict to be an ...
COVID-19 Court Delays May Turn the Social Inflation Tide
Defense attorney Ellen Greiper reported receiving more than the usual number of phone calls from plaintiffs attorneys earlier this month, suggesting that the call dynamics could be signaling a ...
The Latest Launches From Starr, Travelers and Root
Starr has launched a new usage-based general aviation product. Travelers is offering risk management resources to help businesses safely reopen amid the pandemic. Root Insurance has joined forces ...
Workers Comp InsurTech Pie Raises $127M With Plan to Acquire Carriers
Workers compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined the InsurTech's current investors in the ...