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US baseball teams sue insurers for Covid-19 BI
24 June 2020Claims brought against Tokio Marine, Nationwide and W.R. Berkley-owned companies for "breach of contract"
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Lancashire targets $365m equity capital raise
10 June 2020The company cited opportunities in a hardening market as a driver for the placement
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Catastrophe risk modelling: platforms and models update
09 June 2020InsuranceERM's round-up of developments at model vendors and platform providers AIR Worldwide, Impact Forecasting, Oasis LMF, RMS, Guy Carpenter, WTW, JBA, Nasdaq, KCC, ARA, Combus, CoreLogic, ERN and Fathom
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US associations unveil pandemic insurance proposal
22 May 2020Differs from terrorism-risk model being debated in Congress
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Insurtech weekly: Tokio Marine; Zhong An Online; AIG; Willis Research
11 May 2020 -
Californian P&C insurers hit out at workers compensation order
07 May 2020State governor's edict "jeopardises stability" of compensation system, APICA argues
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Lancashire expects $35m of Covid-19 claims for Q1
30 April 2020The insurer retains "a robust solvency buffer", says its CEO
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Covid-19 reveals the cracks in the US insurance system
20 April 2020US insurers have been getting a beating in their response to the Covid-19 crisis. Their latest move to rebate auto premiums shows the fissures in their approach and the lack of a cohesive regulatory response. Sarfraz Thind reports
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US motor insurers return $800m in premiums to customers hit by Covid-19
07 April 2020Allstate and American Family move comes as lobbyists pressure insurance industry
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Retroactive BI liabilities for Covid-19 jump 13% for US insurers
07 April 2020Virus spread spurs APCIA to revise its estimates for potential business interruption damage