Specialty
Russian Insurer Sanctioned by Biden Administration Over Nord Stream 2 Involvement
The Biden administration imposed sanctions on two Russian entities over their involvement in the Nord Stream 2 pipeline project, but is leaving in place a waiver that spared the company overseeing ...
Near-Normal Tropical Storm Activity Predicted Through Sept. 1
Researchers from Colorado State University see near-normal tropical storm activity in the Atlantic Ocean, Caribbean and Gulf of Mexico through Sept. 1, according to a forecast update issued on ...
‘Have Your Computer Talk to My Computer’: Caribou Honig Dissects Embedded Insurance Trends
Embedded insurance is becoming increasingly ubiquitous. But it is important to remember the concept isn't exactly new, nor is it likely to be fleeting, according to an industry expert. "It's ...
DigiSure Raises $13M, Rolls Out Platform for Individualized Microinsurance Policies
InsurTech startup DigiSure raised $13 million in fresh financing and is now rolling out a digital platform designed to offer individualized microinsurance policies for mobility and shared economy ...
Boy Scouts Win Conditional Judicial Approval for Sex Abuse Bankruptcy Plan
The Boy Scouts of America has received a green light from a judge to proceed with its $850 million reorganization plan to exit bankruptcy and settle more than 80,000 claims brought by victims of ...
Willis Towers Watson Alleges Alliant Unlawfully Stole Employees, Trade Secrets and Clients
Insurance brokerage competitors Willis Towers Watson and Alliant Insurance Services are battling in court over what Willis alleges is a conspiracy by Alliant to steal its employees, trade secrets and ...
Executives On The Move at The Hartford and Swiss Re
The Hartford named one of its rising executives to be head of the Western Division for its Middle and Large Commercial Insurance business. Swiss Re Corporate Solutions appointed a new Head, Crisis ...
Tokio Marine’s Singapore Subsidiary Struck by Cyber Attack
Tokio Marine Insurance Singapore Ltd. (TMiS), a subsidiary of Tokio Marine Group, announced it was hit by a ransomware cyber attack. Upon a detection of the attack, TMiS immediately took necessary ...