Specialty
QBE Plans $825M Capital Raise to Help Weather COVID-19 Uncertainty
QBE Insurance is planning to raise about $825 million in capital as a result of the economic and investment market uncertainty created by the coronavirus crisis. The company will raise approximately ...
Regulator Warns Most Small UK Companies Lack Pandemic Insurance
Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that do should make interim pay-outs quickly, a watchdog said on ...
Analysts: Auto Insurance Coronavirus Rebates a Solid Move in the Short Term
Auto insurers have seen something new with the coronavirus pandemic: an historic reduction in driving due to millions of customers staying home and sheltering in place. That change led to carriers ...
Executives On The Move at Everest Re and Sompo Global Risk Solutions
Everest Re Group hired a new executive for its Global Markets division. Sompo Global Risk Solutions appointed a senior executive who will be based in Mexico. *** Everest Re Group, Ltd. hired Alex ...
Top Executives Are Increasingly Vulnerable to Ransomware Attacks: CyberCube Report
Senior executives increasingly will be targeted by cyber criminals looking for ways to steal money from large corporations, according to a report from cyber analytics provider CyberCube. Organized ...
McDonald’s Accused in Class Action Suit of ‘Pervasive Sexual Harassment’
McDonald's Corp has been hit with a class action lawsuit accusing it of subjecting female employees in its corporate-owned fast-food restaurants in Florida to widespread sexual harassment. The ...
Suddenly Everybody Wants Pandemic Cover
In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like buying property insurance when your house is on fire, according to Tracey ...
The Latest Launches From BHSI and EIS Group/Wellfleet
Berkshire Hathaway Specialty Insurance has expanded a key offering in New Zealand. EIS Group and employee benefits company Wellfleet are teaming on the development of a next-generation insurance ...