Canadian insurer poised to inject new capacity into FI marketplace...
Bank of England tells banks to take climate action now or face slashed profits - Reuters
Banks and insurers which fail to properly manage climate risks could face a 10% to 15% hit to annual profits a...
reuters.com /
Article / 3 days ago
SPAC D&O: SEC crackdown, stock market correction, fat rates
SPAC D&O: SEC crackdown, stock market correction, fat rates
SPAC D&O market conditions are expected to remain turbulent as the impact of new SEC regulations combined with a challenging macro backdrop for growth stocks...
Article / 1 month ago
Over $141 Million in Trading Losses for Illegal Trade Deemed “Direct F...
Over $141 Million in Trading Losses for Illegal Trade Deemed “Direct Financial Loss” for “Malicious Act” - JD Supra
A New York intermediate appellate court has held that an insured was entitled to coverage under its fidelity bond for over $141 million in losses it...
jdsupra.com /
Article / 1 month ago
Arch Insurance International Bolsters Claim Team with Multiple Senior ...
Arch Insurance International Bolsters Claim Team with Multiple Senior Appointments
Brook, Hooda and Milnes join Arch’s Healthcare and Financial Institutions claims teams...
PR / 2 months ago
Insider in Full: Is the specialty market asleep at the wheel on systemic risk?
The word “unprecedented” has to go down as one of the most used terms of vocabulary in the last two years...
Article / 2 months ago
Insurer Says Bank Swept Out $1.5M Meant For Subcontractors - Law360
Insurer Says Bank Swept Out $1.5M Meant For Subcontractors - Law360
United States Fire Insurance Co. took FineMark National Bank & Trust to Florida federal court Monday, claiming the bank improperly...
law360.com /
Article / 3 months ago
Climate Change: Policyholders Should Be Braced for a Rising Tide of Coverage Issues - JD Supra
The Intergovernmental Panel on Climate Change has declared that “[i]t is indisputable that human activities ar...
jdsupra.com /
Article / 4 months ago
Israeli bank to receive $140 million in deal with insurers - Business Insurance
Israel's Bank Hapoalim said Thursday it had reached a $140 million settlement with the insurers of former dire...
businessinsurance.com /
Article / 4 months ago
Phishing victim can't claim $5 mln loss for money it never ‘held’ - Reuters
A commercial-crime insurance policy didn’t cover RealPage for a $5 million phishing loss because the property-...
reuters.com /
Article / 5 months ago