International
InsurTechs Focused on Structural Data, Vehicle Title Digitization Attract Financing
An American Family spinout raised $8 million in Series A financing that will help expand the reach of its residential and commercial property characteristic data and predictive analysis products. ...
Weather Risks Could Become Uninsurable Without Acting on Climate Change: Swiss Re
Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty in the assessment of these events by the insurance industry, which ...
UK Insurers Cancel More Than $1.2B in Dividends Over Coronavirus Worries
British insurers canceled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank of England which had cautioned the sector about the risk of heavy costs ...
Insurance Industry Veteran Kevin Brooks Passes Away Due to COVID-19 Complications
Insurance industry veteran Kevin P. Brooks passed away on April 3, 2020, due to complications of COVID-19. Brooks had a long and successful career in the insurance industry, focusing on wholesale, ...
With Ship Crews Stuck in Lockdown, Global Supply Chains Are Strained
Port restrictions and canceled flights are straining the ability to replace seafarers on board ships, further weakening global supply chains already snarled by the coronavirus pandemic. Hubs like ...
Cryptocurrency Issuers, Exchanges Slammed With U.S. Class Action Lawsuits
Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions of dollars in unregistered assets in violation of ...
Zurich Debuts Podcast Series to Help Biz Clients Harmed by Pandemic
Zurich Insurance is focusing on helping business clients harmed by the coronavirus pandemic with a new podcast series. The series – Risk Insights: Coronavirus – will highlight "key risk ...
A Double-Whammy for Travelers When Carriers Refuse Virus Payouts
Purchasers of travel insurance are finding their policies all but worthless as the global pandemic forces them to change their plans, or worse, leaves them sick at sea. Most travel insurance ...