Industry News
A Victory for J&J: Appeals Court Reverses $72M St Louis Talc-Cancer Verdict
Johnson & Johnson won its appeal of a $72 million verdict claiming its talc products cause ovarian cancer, as a Missouri appeals court found the case shouldn't have been tried in a St. Louis city ...
For Some CA Wineries, Insurance Wildfire Payments May Fall Short
Wineries damaged by wildfires tearing through Northern California are starting insurance claims, and at least some of the smaller vintners are likely to find limits in their policies mean payouts ...
Cyber Risk Rises to Top of Corporate Agenda With EU Regulatory Deadline: Marsh
The upcoming implementation of the European Union's General Data Protection Regulation (GDPR), which takes effect in May 2018, has elevated cyber risk to the top of the corporate agenda for ...
Startup Lemonade Adds Firearms Coverage Restrictions, Citing ‘Social Good’
Online home and rental insurer Lemonade has said it is limiting its coverage for gun owners as part of its commitment to "make insurance into a social good." Citing the recent Las Vegas mass ...
The Latest Launches From Swiss Re, Root, Hudson Insurance and More
A commercial auto insurance startup has a new strategic partnership with Munich Re's Digital Partners. Swiss Re's Corporate Solutions business started selling a multi-coverage management liability ...
AmWINS Acquiring 15 Willis Towers Watson Programs
Specialty broker AmWINS Group reports it has agreed to acquire 15 insurance programs from broker Willis Towers Watson. Among the programs being acquired by AmWINS are MountainGuard, which provides ...
As InsurTechs Make Waves, Consumers Still Trust Traditional Insurers More
InsurTechs are changing the face of insurance, Capgemini and Efma said, announcing results of a consumer survey last month in which nearly one-third of respondent said they now rely on InsurTechs. ...
Hiscox Re Offers Private Label Flood Endorsement for U.S. Insurers
Bermuda-based reinsurer Hiscox Re, along with insurance linked securities investors (ILS), has launched a flood insurance product for personal lines insurers to sell in the U.S. The turnkey flood ...