Markets
Hurricane Laura Slams Into Louisiana; ‘Unsurvivable’ Wall of Water Predicted
Hurricane Laura made landfall early on Thursday in southwestern Louisiana as one of the most powerful storms to hit the state, with forecasters warning it could push a massive wall of water 40 miles ...
COVID-19 Moves Global Festival Promoting Insurance Diversity Online
An international festival designed to promote diversity and inclusion in insurance is going virtual for its 2020 global gathering. Dive In debuted in London in 2015 as an outgrowth of ...
Princess Cruises Cancels Early 2021 Voyages on Two Ships Over COVID-19 Restrictions
Carnival Corp's Princess Cruises said on Monday it would cancel early 2021 cruises on two ships, citing travel, border and port restrictions due to the COVID-19 pandemic. Cruise lines, hammered by a ...
Aon, Willis Towers Watson Shareholders Sign Off on Planned Merger
Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to ...
Hurricane Laura Upgraded to Category 4; ‘Unsurvivable Storm Surge’ Expected
Hurricane Laura was expected to cause catastrophic damage and "unsurvivable storm surge" to the Gulf Coast near the Texas and Louisiana border after strengthening on Wednesday to a Category 4 storm, ...
EU Offers Limited Legal Protection for COVID-19 Vaccine Makers, Hampering Deals
The European Union is offering only partial protection to vaccine makers against legal risks from side-effects of their potential COVID-19 shots, European officials said, in a move that is hampering ...
MS Amlin Names Carrier as Chief Underwriting Officer in Ongoing Corporate Revamp
MS Amlin Underwriting Limited, the Lloyd's insurer and insurer, has appointed Andrew Carrier to the new position of chief underwriting officer. Carrier will be responsible for managing all of MS ...
The Biggest Market Opportunity in P/C: Flood Insurance
COVID-19 has completely upended the way we do business. Everything from working to doctor appointments and family gatherings has become a contactless experience. The insurance industry, with dual ...