U.S.
Allianz Among Insurers Bracing for Claims Over Hollywood Pandemic Production Shutdowns
Allianz SE, Europe's largest insurer, is bracing for a flood of claims after movie and television studios were forced to curtail production during lockdown. A unit of Allianz, which says it's the ...
Executives On The Move at AXIS, Buckle and Guy Carpenter
AXIS Insurance hired four underwriters for its U.S. Management Liability team. Buckle, a tech-enabled financial services company, has brought on two veteran insurance executives in leadership roles. ...
Delta Becomes a Hurricane Heading Toward Gulf of Mexico
Hurricane Delta, the 25th named Atlantic storm this year, is moving toward the Gulf of Mexico and expected to take aim at the U.S. Gulf Coast this week as a major hurricane, the National Hurricane ...
Bold Penguin Acquires RiskGenius in Commercial Insurance Tech Deal
Bold Penguin has acquired RiskGenius in an M&A deal that the commercial insurance InsurTechs said will help grow their reach more than they have been able to thus far on their own. Bold Penguin, ...
Root Becomes Latest InsurTech to File IPO Plans
Digital Insurer Root Inc. has filed plans with the U.S. Securities and Exchange Commission for a proposed IPO. Details of the company's initial public offering will be fleshed out down the line. The ...
COVID-19 Fallout Creates Need for More Resilient Workforce, Fewer Employee Risks
COVID-19 has creating a new urgency to build a more resilient workforce and reduce the risks employees face with economic disruptions, according to a new report from Zurich and the University of ...
Victims of Las Vegas Mass Shooting Win $800M Settlement
A court last week approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting ...
Delta Gears Up as Year’s 25th Named Storm
Energy companies on Monday began evacuating offshore oil platforms as the 25th named storm of the year formed in the Caribbean and was forecast to move into the Gulf of Mexico and threaten the Gulf ...