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18 11, 2020

Texas Officer, City Sued by Family of Black Woman Shot Through Window

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Family members of a Black woman who was killed when a white police officer fired through a window of her mother’s Texas home have filed a wrongful death lawsuit against the officer and the city. The federal lawsuit was filed …

18 11, 2020

Restaurants Sue to Stop New Michigan Governor’s Ban on Dining

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Just hours before another shutdown, a restaurant trade group sued on Nov. 17 to try to stop a ban on indoor dining, attacking the latest restrictions from Gov. Gretchen Whitmer’s administration in response to a wave of coronavirus cases. The …

18 11, 2020

Generali Aims to Become Top Player in Asset Management

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Italy’s top insurer Generali on Wednesday said it is aiming to become a top player in asset management after confirming its 2021 financial targets despite the pandemic. At an investor day on Wednesday, the insurer said asset management allowed it …

18 11, 2020

Bindley Capital, ForeSight Medical Ex-CEO Acquire Workers’ Comp Dental Provider

By | November 18th, 2020|Uncategorized|Comments Off on Bindley Capital, ForeSight Medical Ex-CEO Acquire Workers’ Comp Dental Provider

Bindley Capital Partners and Brian Bell, the founder and former chief executive officer of ForeSight Medical, have acquired a specialty dental firm serving workers’ compensation patients. Based in Tampa, DentalWorks USA manages the care of dental and complex maxillofacial injuries …

18 11, 2020

University of California Reaches $73M Sex Abuse Settlement

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The prestigious University of California system has reached a proposed $73 million settlement with seven women who accused a former gynecologist of sexual abuse. As part of the class-action lawsuit, more than 6,600 patients of Dr. James Heaps could receive …

18 11, 2020

UK Insurer RSA Accepts $9.6 Billion Cash Takeover Offer

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LONDON – British insurer RSA is backing a 7.2 billion pound ($9.55 billion) cash offer from Canada’s Intact Financial and Denmark’s Tryg in one of Europe’s biggest financial takeover bids this year. Insurers have become an attractive proposition since the …

18 11, 2020

The Insuring Cyber Podcast Episode 2: Forget the Stars, Insurers are Shooting for the Cloud

By | November 18th, 2020|Uncategorized|Comments Off on The Insuring Cyber Podcast Episode 2: Forget the Stars, Insurers are Shooting for the Cloud

Recent research shows that more insurers are taking advantage of Cloud technology for data storage and managing business functions. According to a 2018 report from Novarica called Cloud Adoption in Insurance: Trends and Issues, more than 70% of insurers reported …

18 11, 2020

Aon Launches Asia Pacific Capital Advisory Unit to Assist Re/insurer Clients

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Insurance broker Aon plc has launched an Asia Pacific Capital Advisory unit within Reinsurance Solutions to deliver a holistic approach to capital optimization for re/insurers. The initiative follows Aon’s launch of similar Capital Advisory units in the UK and U.S., …

18 11, 2020

Norwegian Cruise Ship Operator SeaDream Cancels All Sailings After Virus Outbreak

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Norwegian-owned cruise ship operator SeaDream Yacht Club has canceled all sailing for the remainder of 2020 after positive COVID-19 test results onboard one of its cruises, it said on Tuesday, dealing a fresh blow to the cruise industry. The decision …

18 11, 2020

Enstar to Sell Starstone’s Lloyd’s Managing Agency to New Re/Insurance Venture Inigo

By | November 18th, 2020|Uncategorized|Comments Off on Enstar to Sell Starstone’s Lloyd’s Managing Agency to New Re/Insurance Venture Inigo

Enstar Group Ltd. and Stone Point Capital LLC announced they have signed definitive agreements to sell StarStone Underwriting Ltd. (SUL), the Lloyd’s managing agency, together with the right to operate Lloyd’s Syndicate 1301, to Inigo Ltd., a new specialty re/insurance …