News
Other Major U.S. Bridge Collapses Caused by Ships and Barges
A container ship struck a major bridge in Baltimore early Tuesday [March 26], causing it to plunge into the river below. From 1960 to 2015, there were 35 major bridge collapses worldwide due to ship ...
Fidelis Partnership Gets ‘In Principle’ Approval From Lloyd’s to Launch Syndicate
The Fidelis Partnership, the Bermuda-based managing general underwriter, announced that Lloyd's has granted "in principle" approval for the launch of Syndicate 3123 in collaboration with Fidelis ...
U.S. Home Insurance Premiums May Hit a Record This Year, Report Warns
U.S. home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new analysis. The average ...
AM Best Downgrades State Farm General Ratings
Roughly a week after State Farm announced that it would nonrenew tens of thousands of homeowners and commercial apartment policies in California, AM Best has downgraded the company that offered those ...
Tech Bytes: New Partnerships at bolt, Resilience, UVeye
InsurTech bolt announced a partnership with WorldTrips, a full-service company providing travel insurance plans and assistance services to individuals, families, corporations, and service groups ...
AI Gun Detection InsurTech ZeroEyes Selected for Lloyd’s Lab
ZeroEyes, the creators of an artificial intelligence-based gun detection video analytics platform, announced that it has been selected for the Lloyd's Lab Accelerator program. The company was ...
UnitedHealth Offers Over $3.3B in Loans to Providers Hit by Cyber Attack on Unit
UnitedHealth Group said on Wednesday it has advanced more than $3.3 billion in loans to care providers impacted by a cyber attack on the U.S. healthcare conglomerate's tech unit last month. Earlier ...
J&J Can Contest Evidence Linking Its Talc to Cancer, US Judge Rules
Johnson & Johnson will get a new chance to contest the scientific evidence linking talc to ovarian cancer, a federal judge ruled on Wednesday, potentially disrupting more than 53,000 lawsuits the ...