Insurers are trying to pass on costs of the Texas storm by blaming power companies. Two months after the storm crippled large swaths of Texas, insurers are sketching out a legal strategy to pin the costs on utilities [...]
Insurers in virus claims test case named Hiscox and RSA Group are among eight insurers going to court to decide whether their policies should pay out to firms hit by [...]
U.S. insurers' coronavirus costs are less than feared so far (Reuters) – The coronavirus pandemic dealt a relatively modest $2.5 billion blow to five insurers with large U.S. operations in the second quarter [...]