News
Russian Cyber Attacks May Test Insurer War Exclusion Policy Language
The Russian invasion of Ukraine has increased the risk of cyber attacks and potential claim costs for property/casualty insurers globally that offer cyber coverage, the majority of which is ...
Semsee Announces Series B Funding Round Led by 01 Advisors
Commercial insurance platform Semsee announced it has raised a Series B funding round led by Dick Costolo and Adam Bain's 01 Advisors, with participation from existing investor the D. E. Shaw group, ...
‘Essential’ MGAs, Other DUAEs Face Inflation, Staffing Pressures: AM Best
Taking a deep dive into the world of managing general agents and other delegated underwriting authority enterprises, AM Best reports that premiums generated by DUAEs are climbing, and interest in MGA ...
APCIA Joins Group Pushing for Reforms on Litigation Funding
A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is looking to crack down on the practice of litigation funding. The Consumers for ...
Colorado Wildfire Victims Hit ‘Green’ Building Code Hurdle
Some homeowners recovering from Colorado's most destructive wildfire in history, which decimated entire neighborhoods near Denver late last year, say they could end up paying tens of thousands of ...
TikTok Facing Probe Over How Platform Markets to Kids
ByteDance Ltd.'s TikTok is being targeted by a group of states seeking to determine whether the social media platform is being improperly marketed to children. The states are investigating how TikTok ...
Biden’s Supreme Court Nominee Defies Expectations on Employer-Employee Cases
Labor unions and worker advocates have applauded President Joe Biden's nomination of Judge Ketanji Brown Jackson for the Supreme Court. Yet a look back at Jackson's decisions in cases involving ...
Executives on the Move at Lloyd’s, Sandbox, Sure
Lloyd's of London has appointed Sara Gomez as chief people officer (CPO). She will focus on developing Lloyd's talent, leadership and inclusion strategy. She brings experience as a CPO from a career ...