Industry News
Institute Creating Pandemic Discovery Protocols for Litigation
A nonprofit group that works to improve the efficiency of the legal system has launched a new project to create discovery protocols for COVID-19 insurance claims. The Institute for the Advancement of ...
Swiss Re Corp Solutions Launches Parametric HAIL Cover
Swiss Re Corporate Solutions announced the launch of a parametric hail insurance cover last week. Known as HAIL, the new product is designed to protect companies in the United States from the ...
Hurricanes and Coronavirus ‘Not a Good Mix,’ KCC Warns
"Hurricanes and COVID-19 are not a good mix," says catastrophe modeling firm Karen Clark & Co. in a new Event Brief, warning that the pandemic will make what forecasters already predict to be an ...
COVID-19 Court Delays May Turn the Social Inflation Tide
Defense attorney Ellen Greiper reported receiving more than the usual number of phone calls from plaintiffs attorneys earlier this month, suggesting that the call dynamics could be signaling a ...
The Latest Launches From Starr, Travelers and Root
Starr has launched a new usage-based general aviation product. Travelers is offering risk management resources to help businesses safely reopen amid the pandemic. Root Insurance has joined forces ...
Workers Comp InsurTech Pie Raises $127M With Plan to Acquire Carriers
Workers compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined the InsurTech's current investors in the ...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources
Two of Europe's largest insurers are gearing up to sell billions of euros in life assets—a niche corner of dealmaking keeping bankers busy amid the coronavirus pandemic. Allianz SE is planning to ...
Driving Hasn’t Found Its New Normal Yet: Opinion
Memorial Day weekend, the typical start of the U.S. summer driving season, has come and gone. Data on just how much driving Americans did is trickling in, and it's a bit noisy. Apple mobility trends ...