16 04, 2021

Corvus, Skyward Specialty to Offer Cyber Coverage for Cargo Risks

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Corvus Insurance, a provider of commercial insurance products powered by AI-driven risk data, and Skyward Specialty Insurance Group, a specialty property and casualty market, have partnered partnership to expand Corvus’ Smart Cargo + Cyber offering. The announcement comes after Corvus’s …

16 04, 2021

Ex-Allianz CFO Wemmer Plans to Form SPAC to Target Insurance Deals

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Dieter Wemmer, a veteran insurance executive who was chief financial officer at Allianz SE, is launching a blank-check company to target deals in the sector where he worked for more than three decades, people familiar with the matter said. Wemmer …

16 04, 2021

The Hilb Group Acquires McCartha, Cobb & Associates of South Carolina

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The Hilb Group, LLC has acquired South Carolina-based McCartha, Cobb & Associates, Inc. (MC). The transaction became effective on April 1, 2021. MC is an insurance agency, specializing in contract and commercial surety bonds to the construction industry. As part …

16 04, 2021

Russian Spy Agency SVR Responsible for SolarWinds Hack: White House

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The White House said in a statement on Thursday that Russia’s foreign intelligence service, known as the SVR, was responsible for the SolarWinds hack, which led to the compromise of nine federal agencies and hundreds of private sector companies. Senior …

16 04, 2021

Wisconsin Supreme Court Rules Governor Can’t Limit Business Capacity

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The Wisconsin Supreme Court has ruled that Gov. Tony Evers’ administration does not have the authority to issue capacity limits on bars, restaurants and other businesses without the Legislature’s approval, a ruling that comes two weeks after the conservative-controlled court …

16 04, 2021

Ohio Supreme and 8th Circuit Mull Whether COVID Can Cause Direct Physical Loss

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Two appellate courts took steps this week toward answering a key question that may seal the fate of some 1,500 lawsuits seeking insurance coverage for COVID-19-related business-interruption losses: Does the presence of the SARS-CoV-2 virus or civil orders issued because …

16 04, 2021

Viewpoint: The Cold, Hard Truth About Florida Litigation

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Greater clarity came this week from the National Association of Insurance Commissioners (NAIC) via Florida Commissioner David Altmaier: Florida has 8% of all homeowners’ claims in the U.S., yet 76% of all homeowners’ claims lawsuits. Boom. In a letter to …

16 04, 2021

People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US

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Chubb has appointed Lyndsey Christofer as executive vice president, Construction Industry Practice Leader for its large account segment. In this capacity, she will oversee a team of construction underwriting and service specialists across multiple lines of business. In addition, she …

16 04, 2021

Mississippi Supreme Court Hears Arguments on Marijuana Program

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The Mississippi Supreme Court heard arguments Wednesday in a lawsuit that’s trying to block a voter-approved medical marijuana program by disputing how the issue got onto the ballot. Arguments were not about marijuana. Instead, they were about Mississippi’s initiative process. …

16 04, 2021

Zywave Acquires Risk Management Solutions Provider, Enquiron

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Insurance technology provider Zywave announced the acquisition of Boston-based Enquiron, a leading provider of risk management and consultative business solutions. Financial details of the acquisition were not disclosed. Founded in 1996, Enquiron serves more than 100 of the top P/C, …