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Hiscox insureds plan legal action over Covid-19 BI claims
The dispute centres on wordings around non-damage denial of access and public authority shutdown mandates.
Anna Sagar
,
14 April 2020
Senators urge Trump to protect insurers from BI bills
Mandating carrier payouts for uncovered claims would undermine contract law and jeopardise the sector’s solvency, the lawmakers warn.
John Hewitt Jones
,
14 April 2020
Tornadoes wreak havoc across southern US
The twisters followed storms in March that caused an estimated $2bn in insured losses.
Bernard Goyder
,
14 April 2020
Everest hires Poracchia as global markets CFO
Alex Poracchia was previously a partner at Deloitte UK.
John Hewitt Jones
,
14 April 2020
South Carolina introduces Covid-19 BI legislation
The bill follows similar legislation proposed in six other states.
John Hewitt Jones
,
14 April 2020
Greenlight Re issues Q1 profit warning on investment losses
The company said it will post an investment loss of $42.2mn from its holdings in Solasglas Investments fund.
Bernard Goyder
,
13 April 2020
Auto insurers likely to return $10.5bn in premiums: III
Kemper today become the latest carrier to announce a partial refund for customers.
John Hewitt Jones
,
13 April 2020
BHSI begins writing professional lines business in New Zealand
The commercial lines insurer first entered the country in 2015.
Bernard Goyder
,
13 April 2020
California regulator orders insurers to return premiums
Ricardo Lara says the economic effects of coronavirus has cut risk exposures.
John Hewitt Jones
,
13 April 2020
Trump calls on insurers to pay Covid-19 BI claims
The US President was speaking in a White House press conference on Friday.
John Hewitt Jones
,
12 April 2020
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