Industry News

Insurance Journal

Patriot Growth Insurance Services Adds 2 Florida Agencies

Jul 09, 2020 Patriot Growth Insurance Services, LLC, a nationwide insurance agency, has added two Florida-based independent agencies, Arison Insurance Services, and Ference...

Atlanta-Based Crawford & Company Taps Kottler as U.S. President of Global Technical Services

Jul 09, 2020 Crawford & Company, a publicly listed independent provider of claims management and outsourcing options to carriers, brokers...

Canadian Insurtech MGA Foxquilt Raises Seed Funding to Develop Small-Biz Platform

Jul 09, 2020 A Canadian insurtech focused on small business insurance said it raised $3.5 million in seed financing. Foxquilt, a Toronto-based MGA...

Kovrr Develops Open Framework for Measuring Catastrophic Cyber Risk

Jul 09, 2020 Kovrr, a cyber risk modeling company, announced it has developed an easy to use open framework to measure and understand catastrophic cyber risk exposure...

Claims Journal

Law Firms Tracking Wave of COVID-19 Employer v. Employee Litigation

Jul 09, 2020 A pandemic is no time to play favorites at the workplace, skimp on personal protective equipment or get too stingy with requests for time off. Since the beginning...

Chubb Urges U.S. and Insurers to Team Up for Future Pandemic Costs

Jul 09, 2020 Chubb Ltd. proposed that insurers and the U.S. government work together to cover future business-interruption losses from pandemics, as the industry faces a flurry...

Report of Drone Strike on News Chopper Reveals Other Incidents

Jul 08, 2020 A small drone was almost certainly the object that damaged a news helicopter flying over Los Angeles last year, and the remote-controlled devices are suspected in two...

13 Hawaiian Airlines Employees Test Positive for Coronavirus

Jul 08, 2020 HONOLULU — Hawaiian Airlines Inc. says 13 of its employees have tested positive for the coronavirus following an annual training course. The employees who tested...

Best's Reviews

IBC: Calgary Storm Hits C$1.2 Billion in Insured Losses, Becoming Canada’s Costliest Hail Event

Jul 08, 2020 Insurers incurred nearly C$1.2 billion ($884 million) in losses from a severe hail, rain and wind storm in Calgary in...

Consumer Giant Walmart Plans to Set Up Health Insurance Operation

Jul 08, 2020 Walmart Inc., the largest U.S. retailer and a company with $524 billion in revenue in fiscal 2020, is dipping its toes into the health insurance...

Zurich Creates WellCare Business and Names Leader to Run It

Jul 08, 2020 Zurich Insurance Group has created a WellCare business and has named Helene Westerlind to the newly created position of chief executive officer, Zurich...

KKR to Buy Global Atlantic Financial in $4 Billion Deal

Jul 08, 2020 KKR & Co. has agreed to buy retirement and life insurance company Global Atlantic Financial Group Ltd. in a deal that merges one of the largest fixed-rate...