News
Trial Delays Continue as Jurors Say No to Service, Fearing COVID Risk
Jury duty notices have set Nicholas Philbrook's home on edge with worries about him contracting the coronavirus and passing it on to his father-in-law, a cancer survivor with diabetes in his mid-70s ...
D&O Insurance Underwriters Scrutinize Diversity as Lawsuits Climb
Insurers in the United States are taking a closer look at the recruiting and succession practices of corporate customers, worried about mounting lawsuits over a lack of diversity among top executives ...
The COVID BI Scorecard: Insurers Win Most, But Not Undefeated
In the multibillion-dollar fight over insurance coverage for pandemic-related business losses, a Florida gynecologist succeeded where more than a dozen professional baseball teams and an iconic ...
AXA Sells Persian Gulf Biz to Kuwait-Based Group
AXA SA sold its Persian Gulf business for $269 million to a Kuwait-based group, as the French insurance giant shifts its focus and exits some overseas investments to shore up its finances amid the ...
Aviva CEO Confirms Talks to Sell Units in France, Poland and Italy
Aviva Plc Chief Executive Officer Amanda Blanc confirmed the company was in talks to sell units in France, Poland and Italy as part of her overhaul of the insurance giant. The company is still in the ...
Hover CEO Altman Eyes Growth, Future as a Standalone 3D Software Company
Often an InsurTech attracts venture investment from at least one insurer, sometimes two. For Hover's recent $60 million Series D round, there were three. Capital contributions came from the insurers ...
SCOR CEO Prediction: Double-Digit Reinsurance Rate Hikes on Jan. 1
Reinsurance rates are likely to rise in the double-digit percentage point range at key contract renewals in January, Denis Kessler, chairman and chief executive of the French reinsurer SCOR, said on ...
Fintechs Will Increasingly Squeeze Insurer Market Share: EU Official
Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the industry, a senior European Union official said on Wednesday. More fintech ...