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Willis Towers Watson | March 26, 2020
Willis Towers Watson has introduced a new risk-and-analytics feature that enables risk managers to assess their coronavirus (COVID-19) property exposure in real-time, providing them with real-time developments of the pandemic set against their property assets around the world. The new feature provides up-to-date information for confirmed global COVID-19 cases alongside clients’ property total insured values by location, as part of WTW’s Global Peril Diagnostic modelling tool that eva...
VA restaurant | April 23, 2020
A restaurant serving Mexican food in Arlington, VA is suing its insurer over the company’s denial of business interruption claims related to COVID-19. Rolando Juarez, the owner of Guajillo Mexican, filed the lawsuit this week in Arlington Circuit Court against Twin City Fire Insurance – a member of the Hartford Insurance Group. According to the lawsuit, the restaurant’s policy “explicitly covered such loss when caused by a virus, including the salaries and other expenses ...
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Core Specialty Insurance Holdings, Inc. | January 03, 2022
Core Specialty Insurance Holdings, Inc. and its subsidiaries ("Core Specialty" or the "Company") and Lancer Insurance Company ("Lancer"), both specialty property and casualty ("P&C") insurers, announced today the completion of the merger combining the companies in a stock and cash transaction, which was previously announced on April 16, 2021. Lancer brings Core Specialty over 35 years of specialty commercial auto expertise that extends the capabilities...
Marsh | January 14, 2020
Throughout the insurance sector, 2019 was a year of challenges and opportunities and 2020 is promising to be more of the same. Recapping the key moves within the broking sector that occurred throughout the year, Ailsa King (pictured), chief client officer, UK & Ireland at Marsh outlined to Insurance Business how 2019 was a year of tremendous change and opportunity for the broker, with the acquisition and integration of JLT. Turning her attention to the wider broking sector, King stated that ...
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