Insurance carriers could increasingly target insurtechs for acquisition and partnerships in the coming months due to pandemic-related economic uncertainty, according to a report. “As insurers move toward late 2020 and into 2021, we believe there may be an increase in …
Georgia’s governor extended his emergency rules regarding COVID-19 again Wednesday as the state surpassed 7,000 deaths from the respiratory illness. Gov. Brian Kemp extended the underlying state of emergency that allows him to issue other orders, which had been set …
Illinois motorists should beware of more deer activity this time of year, particularly at dawn and dusk. Officials from the Illinois Departments of Natural Resources and Transportation note that it’s deer mating season, meaning more deer will be on the …
Uber Technologies Inc. and Lyft Inc. together are spending nearly $100 million on a November California ballot initiative to overturn a state law that would compel them to classify drivers as employees. That sum looks less huge, however, than the …
Enstar Group Ltd. has made a 100% cash offer to purchase Watford Holdings Ltd.for $31.00 per ordinary share, which amounts to $620 million. The Enstar offer is higher than another offer received recently from Arch Capital Group and a group …
The U.S. Supreme Court on Friday agreed to hear an appeal by energy companies including BP PLC, Chevron Corp., Exxon Mobil Corp. and Royal Dutch Shell PLC contesting a lawsuit by the city of Baltimore seeking damages for the impact …
UK insurance company Liverpool Victoria said it’s in exclusive talks with Bain Capital LP over a potential deal. The company, known as LV=, began a strategic review in June that included the possibility of a full or partial sale. “Discussions …
Jason Harris has joined QBE Insurance this month to take on the role of chief executive officer, International Division, which includes European Operations. He will succeed Richard Pryce who will retire from QBE during Q1 2021, a plan that was …
Westland Insurance Group Ltd. announced it has acquired two brokers, based in Alberta, Canada, effective October 1, 2020. Ironside Insurance Brokers is a family-owned brokerage located in Carstairs, Alberta. Its professional insurance advisors are experts in residential, auto, life, travel, …
SCOR Global P&C is making a number of changes to its organizational structure to be more responsive on a regional basis, according to SCOR Global P&C CEO Jean-Paul Conoscente, who sent a message to clients on Friday, Oct. 2. “We …