Zurich Sees Data Center Boom Spurring Insurance Securitization June 23, 2026 By Noele Illien, Paula Doenecke and Gautam Naik The level of investment into data centers globally may soon make it necessary for insurers involved to begin selling securitization...
Camera-Coaching Pilot Cut NYC Workers’ Compensation Claims December 1, 2025 A three-year pilot program using video surveillance and coaching at New York City construction sites led to enhanced job safety...
Zurich, Philadelphia, Others Ordered to Pay $345M to Cover Abuse Charges at Georgia School April 19, 2024 Five insurance companies have been ordered to pay $345 million to cover damages awarded to 20 men who said they...
Lloyd’s of London Steps Back From Coal in First Climate Change Policy December 17, 2020 By Carolyn Cohn LONDON — Lloyd’s of London is scaling back its exposure to coal and oil sands, the commercial insurance market said...
Zurich Drops Cover for Canada’s Trans Mountain Oil Pipeline July 23, 2020 Insurer Zurich has decided not to renew cover for the Canadian government’s Trans Mountain oil pipeline, said a spokeswoman for...
Major Insurers Increase Cover For Trans Mountain Oil Pipeline – Filings May 12, 2020 By Carolyn Cohn, Simon Jessop and Noor Zainab Hussain Major insurers Zurich, Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian regulatory...
UK Watchdog Aims For July Court Date on Business Interruption Insurance May 7, 2020 By Carolyn Cohn and Kirstin Ridley LONDON — Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon...
UK Watchdog Goes to Court to Clarify Coronavirus Business Insurance May 4, 2020 By Huw Jones and Carolyn Cohn Britain’s financial watchdog said on Friday it would urgently ask the courts to clarify uncertainty over whether businesses can claim...
Swiss Re, Zurich Insurance in Talks With Watchdog on Virus Shock March 20, 2020 By Patrick Winters and Marion Halftermeyer Switzerland’s top insurance companies are in talks with the financial regulator about the impact of the coronavirus outbreak on their...
Business People: Sedgwick, Swiss Re and Crawford & Co. February 20, 2020 Sedgwick Appoints Pool Administrator Sedgwick has hired Rob Kramer, a former York Risk Services manager, as director of pool administration....