News
BIG La. Case Against Lloyd’s For COVID BI Cover Rejected; Travelers Ohio Win
A New Orleans judge denied a motion for declaratory judgment that insurance coverage is owed to a restaurant for business income that was lost when it was required to close its dining room because of ...
Gig ‘Worker’ Victory: UK Court Rules For Uber Driver Rights
A group of Uber drivers are entitled to worker rights such as the minimum wage, Britain's Supreme Court ruled on Friday in a blow to the ride-hailing service that has ramifications for millions of ...
Insurer Analytics Firm Earnix Reaches Unicorn Status With $1B Value
Israeli startup Earnix Ltd., which uses advanced analytics to help insurers and banks offer personalized financial products, reached a $1 billion valuation in a financing round led by Insight ...
Some Boeing 777s Now Suspended After Weekend Incidents
Showers of jet engine parts over residential areas on both sides of the Atlantic have caught regulators' attention and prompted the suspension of some older Boeing planes from service. The Saturday ...
Executives On The Move at Zurich and The Standard
Zurich Insurance appointed one executive to run its Nordic business and expanded his management facility. He replaces another executive who will take on a new leadership role. The Standard promoted ...
For Insurers in 2021, M&A Will Enable Streamlining and Tech Advances: Bain
Insurers in 2021 will be doubling down on streamlining, reinforcing their core businesses and updating technology, and M&A will help them get there as it did in 2020, according to a new Bain ...
QBE Full-Year 2020 Loss Is $1.5B; No Dividend
QBE officially announced a $1.5 billion bottom-line net loss for 2020 late last week, confirming a figure the Australia-based insurance group preannounced in late mid-December. The result represents ...
Update: Wife Sues Husband’s Employer for Causing Her COVID-19 Infection
A federal judge is weighing what she called a first-of-its-kind lawsuit that would hold an employer responsible for a worker's spouse getting sick with COVID-19. Plenty of families have sued ...