Underwriting
COVID-19 Forces Cancellation of Monte Carlo Reinsurance Rendez-Vous for Second Year
Organizers of the reinsurance Rendez-Vous de Septembre (RVS) have decided to cancel this year's conference as a result of the ongoing COVID-19 pandemic, just as they did in 2020. "The pandemic is ...
Citizens’ CEO: Florida Market Is in Dire Straits
Florida's insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new policies flood into it each week and the private homeowners insurance ...
Chubb Bids for The Hartford’s ‘Crown Jewel’ and More
Five years ago, Evan Greenberg led ACE's nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty insurance giant he continues to guide as CEO. ...
Rideshare Startup Buckle Brings on Everest Re Vet Camerino to Grow Strategic Partnerships
The InsurTech Buckle brought on a veteran of Everest Re and Munich Re to steer and grow its strategic partnerships. James Camerino will have the title of Head of Strategic Partnerships, after serving ...
Zurich Debuts New Business Unit Focused on Evolving Risks
Zurich Insurance Group created a new business unit designed to help customers address evolving risks. The global business unit, Zurich Resilience Solutions, is designed to provide services that help ...
U.S. COVID Herd Immunity Is Possible by Mid-Summer: Oliver Wyman
The U.S. will reach herd immunity threshold when more than 71% of the U.S. population has been exposed to COVID or effectively vaccinated against it, most likely by mid-summer, says a management ...
Next Insurance Partners With Amazon to Boost Reach of Its Small Biz Insurance Cover
Next Insurance is turning to Amazon's business customer arm to boost the reach of its small commercial insurance policies. The InsurTech has formed a partnership with Amazon Business Prime where ...
Court Finds Insurer Doesn’t Have to Defend Mortgage Servicer Against Robocall Lawsuit
A liability insurance carrier that excluded any violation of telecommunications laws from coverage had no duty to defend a loan servicer from a class-action lawsuit that accused it of making ...