U.S.
Howden Buys Safeonline, a Cyber and Tech Specialist Broker
Howden, the international insurance broker, announced it has reached an agreement to acquire Safeonline, a London-based cyber and tech specialist broker and Lloyd's coverholder. Financial details of ...
Google Will Deal With Second Antitrust Lawsuit, Courtesy of 7 States
A bipartisan group of U.S. states plans to file an antitrust lawsuit against Google as early as next month, according to two people briefed on the matter, potentially beating a more widely ...
American Family Names the ‘Property Brothers’ as Brand Ambassadors
American Family Insurance has chosen home renovation duo Drew and Jonathan Scott, the twin stars of HGTV's "Property Brothers," as the company's newest brand ambassadors. The Scott brothers and ...
Mississippi Gulf Coast Casino Sues Carrier for Refusing Coronavirus Business Interruption Cover
A Mississippi Gulf Coast casino has become one of many businesses nationwide to sue its insurer for refusing to cover business losses because of the coronavirus pandemic. Island View Casino Resort in ...
Kemper Will Pay $370M for Specialty Insurer Focused on Hispanic Market
Kemper Corp. has agreed to pay $370 million in cash for specialty auto insurer American Access Casualty Company and its related captive insurance agency, Newins Insurance Agency Holdings. Driving the ...
External Cyber Attacks Cost More, but Employees Produce Biggest Number of Claims
The cyber insurance losses costing the most are coming from external attacks on companies. But employees are generating the most number of claims as they make mistakes and face technical problems, ...
Allstate Only Hires Banks for Bond Sale Owned by Minorities, Women or Veterans
Allstate Corp. hired solely banks owned by minorities, women or veterans for its bond sale, in the biggest corporate deal yet managed only by diverse firms. The insurer enlisted Loop Capital Markets, ...
Financial Lobbyists Begin Feeling Out Biden Transition Team
Financial lobbyists, kept at arm's length by Joe Biden's campaign, have begun engaging with the Democratic president-elect's transition team on issues including economic stimulus, pandemic aid ...