Specialty
COVID-19 Accelerates D&O Transformation Already Underway
Rates for the struggling Directors and Officers insurance market jumped by 44 percent in the 2020 first quarter. Expect that market hardening trend to continue for some time, with increases likely to ...
Evertas, a Cryptoasset Insurer, Obtains Bermuda Operating License
Cryptoasset insurer Evertas secured a license from the Bermuda Monetary Authority to start operating from the jurisdiction. Evertas' operations in Bermuda will now aim to start issuing policies for ...
Swiss Will Vote on Companies’ Global Liability for Rights Abuses
Swiss voters look set to get the final say on whether Swiss-based companies should be liable for human rights abuses and environmental violations in operations even outside Switzerland. As consumers ...
Attorney Behind Thousands of Insurer Lawsuits Suspended by Florida Supreme Court
The Florida Supreme Court has granted an emergency request by the Florida bar to immediately suspend an attorney who, with his firm, has filed thousands of assignment of benefit and first party ...
With the COVID-19 Crisis, Global Insurers Pulled Firmly Into Uncharted Territory
Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift. The long-awaited 32nd Olympic Games. The list of canned ...
The Latest Launches From Zurich, Aon and Neptune Flood
Zurich Insurance Group launched a new legal panel to provide advice on managing large and complex claims across Europe, the Middle East and Africa. Aon is partnering with cybersecurity company GK8 to ...
Oil Companies Are Paying Big to Bolster D&O Coverage
The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and investor lawsuits. Oil companies are shelling out as much as 75% more to renew ...
The Latest Launches From Nationwide/Bold Penguin and Munich Re
Nationwide and Bold Penguin are testing an independent agent-facing commercial insurance quoting and selling platform. Munich Re Specialty Insurance (MRSI) released a Miscellaneous Professional ...