Industry News
Hurricane Season Could Create More Stress for Pandemic-Hit Insurers
The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already battered by the impact of the coronavirus pandemic on their ...
Hiscox, RSA, Other Carriers Will Join UK Pandemic Cover Test Case
Insurers including Hiscox , RSA and QBE will take part in a UK test case to decide whether their policies should pay out millions of pounds to companies hit by the coronavirus pandemic, the industry ...
Top Risks Revisited Post-COVID
Reaching out to some of the same risk professionals that respond to the its "Global Risks Report" each year, the World Economic Forum announced the results of a special "COVID-19 Risk Perception ...
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 ...