Markets
The Latest Launches From AXA XL and Hiscox
AXA XL added a new benefit to its North American construction insurance to help general contractors make informed decisions about COVID-19. Hiscox partnered with an InsurTech to give short-term ...
Immuta Raises $40M to Expand Reach of Automated Data Protection Tech
Immuta, a company whose technology automates the process of controlling, protecting and managing data, has raised $40 million in new venture capital financing. Plans call for using the money to fuel ...
Citing COVID-19 Concerns, APCIA Will Move 2020 Annual Meeting Online
The American Property Casualty Insurance Association plans to move its 2020 annual meeting online because of continued safety concerns about the ongoing coronavirus pandemic. APCIA President and CEO ...
Firefighters Battle Three Major Wildfires in Arizona
Hundreds of firefighters continued to battle three major wildfires burning in forested mountains and desert hills across Arizona. Crews were fighting fires in the Santa Catalina Mountains in the ...
Opinion: Coronavirus Lockdown Heightens Workplace Bullying and Harassment
Working from home should have liberated employees from toxic workplace behavior such as bullying and harassment. Amid the lockdowns, gone are undesired office encounters, business trips, ...
A UK Insurance Broker Secures $2 Billion Loan for Acquisitions
UK insurance broker The Ardonagh Group has secured the largest-ever loan from a group of private credit funds led by Ares Management, according to a statement by the lender. The group is refinancing ...
What ‘Follow the Fortunes’ Means for COVID-19 Reinsurance Claims
How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance professionals suggested recently, adding more ...
Executives On The Move at Erie Insurance, BHSI and Aon
Erie Insurance appointed a new chief investment officer. Berkshire Hathaway Specialty Insurance designated a new head of Claims in Germany. Aon promoted a veteran executive to the position of ...