Industry News
The Latest Launches from CFC, Rokstone CRU, Monitaur
CFC, a specialist insurance provider with a focus on emerging risk and cyber, unveiled its revamped policies for tech and media companies. CFC's revised wordings cover the full range of exposures for ...
19 Named Storms Predicted by CSU Team; 70% Chance Major Hurricane Hits U.S.
Researchers at Colorado State University are predicting a very active 2022 Atlantic season, with 19 named storms. The average for named storms during the Atlantic hurricane season (June 1 through ...
Palisade Insurance Partners Launches Specialty MGU
Palisade Insurance Partners LLC, an independently operated specialty managing general underwriter (MGU), has launched to provide a range of contingent legal risk insurance and other specialty ...
Supreme Court Removes an Obstacle to Malicious Prosecution Lawsuits
The U.S. Supreme Court on Monday eliminated one of the hurdles facing individuals looking to sue for being falsely accused of crimes. In Thompson v. Clark, a majority (6-3) of the high court not only ...
BOC Aviation Says Lessors Seeing ‘Horrendous’ Hikes in Insurance Costs
The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to "horrendous" hikes in the cost of renewing policies, the chief executive of major ...
From Roof Building Codes to ‘Matching’ Limits, Some Changes Underway in Florida
Property insurance companies and roofers in Florida don't often see eye-to-eye. Insurers have frequently blamed unscrupulous contractors for jacking up claims, and roofing companies have sued ...
BrokerTech Ventures Announces 2022 Cohort Class for Accelerator
BrokerTech Ventures (BTV), the broker-led convening platform and accelerator program, has selected 12 InsurTech startups to take part in its accelerator curriculum for 2022: Ferro, Omaha, ...
March U.S. Tornado Activity Likely to Set Record
It appears there were more tornadoes across the U.S. this year in the month of March than ever before — possibly by a large margin. According to the National Oceanic and Atmospheric ...