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3 Questions for a litigant turned litigation risk insurance broker (Part II)

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(Image via Getty) This week, I continue my written interview with Stephen Kyriacou Jr., who is a managing director and senior attorney in Aon’s Dispute Risk Group, where he structures and deploys litigation risk insurance policies. Last week, Stephen shared a fantastic primer on the existing market for litigation risk insurance, including some of the …

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US Life Insurance and Annuity Market: Report Rising rates provide a tailwind

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Some of the same US entities that generated the highest growth rates in life, annuity and accident and health direct premiums and considerations in 2021 may be poised to generate above-market expansion rates again in 2022. The list of fastest-growing US life insurers in 2021, as determined by various criteria set by S&P Global Market …

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New York Group Capital Calculation Legislation – Insurance Laws and Products

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August 12, 2022 Kramer Levin Naftalis & Frankel LLP To print this article, all you need to do is register or log in to Mondaq.com. New York Senate Bill S9006, which passed the Senate on May 31, 2022 (the “New York GCC Bill”), is ‘[a]n act to amend insurance law, relating to group capital calculations, …

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Experts stress the importance of renters insurance before disaster strikes

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RICHMOND, Va. (WWBT) – As people in southwest Virginia and parts of Kentucky continue to struggle for relief after devastating floods, the Virginia Red Cross wants renters to make sure they have every protection in place before disaster strikes. Jonathan McNamara with the Red Cross says that although most people will never have to deal …

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Richard Pusey is alleged to have used frightening images to defraud $1.5 million in insurance

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After famously filming the horrific Eastern Freeway crash that killed four police officers, notorious Porsche driver Richard Pusey tried to use the footage to make an insurance claim for $1.5 million, a court has heard. Police allege Pusey, 44, shared graphic photos of the April 2020 crash — some of which showed officers seriously injured …

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Use of Insurance for Food Safety Regulation

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Insurance providers can help farmers manage the risk of microbial contamination in their fields. Foodborne illness is a public health problem of pandemic proportions. The CDC estimates that contaminated food sickens 48 million Americans each year, causing 128,000 hospitalizations and 3,000 deaths annually. Nowhere is this crisis more acute than in the fresh produce sector, …

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The Saudi Insurance Symposium aims to be transformative

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Saudi Arabia – The sixth Saudi Insurance Symposium will be a transformative symposium, a game-changing engagement that lays the groundwork for creating new and sustainable opportunities. Expected to attract more than 1,000 regional insurance experts, as well as a selection of local and international administrators and executives, the symposium follows the success of five previous …

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My insurance company wants to write off my car. With used car prices going up, can I get them to fix it?

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Our 2007 Buick was hit by a flatbed truck while parked in a shopping lot. I did all the right things: filed a police report, called Intact, our insurance company, and even found video footage of the accident. The car was assessed at Intact’s favorite body shop as needing about $3,800 in repairs. Based on …

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Coalition of Cyber ​​Insurance Providers Names First CFO as It Looks to Expand

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Cyber ​​insurance provider Coalition Inc. named its first CFO after raising $250 million in a Series F round. The San Francisco-based company said Jim Young started July 25 as chief financial officer. Mr. Young most recently served as CFO at agricultural technology company Indigo Ag. Prior to that, he was CFO at investor communications and …

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Coalition of Cyber ​​Insurance Providers Names First CFO as It Looks to Expand

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Cyber ​​insurance provider Coalition Inc. named its first CFO after raising $250 million in a Series F round. The San Francisco-based company said Jim Young started July 25 as chief financial officer. Mr. Young most recently served as CFO at agricultural technology company Indigo Ag. Prior to that, he was CFO at investor communications and …

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