CarrierManagement.com is the must-read executive report for P/C insurance carriers’ top leaders and boards, offering news, trends and analysis by and for executives on reinsurance, leadership, strategy, technology, innovation and more.
A federal judge in Florida last week denied an insurer's petition to dismiss a COVID-19 business-interruption lawsuit, while a federal magistrate judge in California threw out a similar claim...
The COVID-19 crisis has highlighted the need for brokers to add value to the insurance transaction, according to Toby Esser, chairman of AFL Insurance Brokers...
As part of Carrier Management’s new ExecTalk series, Tracey Gibbons, senior vice president, underwriting, at Third Point Re, sees COVID-19 as a wake-up call for reinsurers and insurers alike.
The top emerging litigation risk identified for the year ahead is PFAS, the so-called "forever chemicals" used in a wide variety of products such as Teflon, Scotchgard...
Nearly 60 percent of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said...
A federal judge in Missouri said on Wednesday a group of hair salons and restaurants can sue their insurance carrier for business interruption losses...
When insurance coverage lawsuits brought by businesses seeking coverage for COVID-related interruptions surpassed the 700 mark last week, the natural question to ask was: Is that a lot?...
While some observers reported a letup in social inflation during COVID-19 lockdown periods, reinsurance executives speaking at a recent conference said...
Last week, a U.S. lawmaker introduced a bill that would allow insurers to voluntarily pay certain COVID-related business interruption claims and get reimbursed by the...
Insurers are already seeing some pushback regarding virus-related claim denials from businesses that suffered losses while closed due to the pandemic...
