News
Zurich Insurance: COVID-19 Claims Won’t Make Huge Impact
Zurich Insurance Group does not expect property claims triggered by the COVID-19 pandemic to materially affect the group, Europe's fifth-largest insurer said on Thursday, adding that it planned to ...
Generali’s Profit Surpasses Expectations; Dividend Payout Delayed
Italy's top insurer Generali said on Thursday it would delay the payment of the second tranche of 2019 dividends to next year to comply with regulatory demands, after reporting nine-month operating ...
How Lloyd’s Underwriters Are Viewing U.S. Property Risks Today
While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd's market who were in the process of increasing property insurance rates when the pandemic hit, ...
Zoom Misled Users About Security, FTC Says; Settlement Announced
Federal regulators are requiring Zoom to strengthen its security in a proposed settlement of allegations that the video conferencing service misled users about its level of security for meetings. The ...
Life Insurance Next for Lemonade: Auto on the Horizon
Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report released late ...
Derez, Covéa Fined Over $20M for Misconduct in SCOR Takeover Bid
The Paris Commercial Court ruled against Covéa and Chief Executive Thierry Derez, fining Derez personally and Covéa as well for misconduct related to the Paris-based mutual insurer's 2018 takeover ...
American Politics Has Become Increasingly Moralistic: Study
American politics has grown increasingly polarized for decades, but recently it's reached a tipping point, say researchers from Northwestern University. Rather than simply disagreeing about policies, ...
EU Warning: New Wave of COVID Brings Resurgence of Online Scams
The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of COVID-19 infections in Europe and said they need to work harder against ...