Deane to Replace Nasenberry at the Hartford The Hartford has appointed Stephen Deane as head of claims and operations to replace Mary Nasenberry, who will retire at the end of the year. Deane is returning to The Hartford after three …
Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did not plan to pay out on the policies and would “vigorously defend” itself against any legal claims. Greensill’s supply chain …
The 6th Circuit Court of Appeals on Friday affirmed the dismissal of another lawsuit seeking coverage for COVID-19 business-interruption losses, this one filed jointly by 16 private pre-schools in Ohio. It was the third ruling by the 6th Circuit in …
ZURICH — A first insurance claim has been filed and more are being prepared in Credit Suisse’s efforts to recover funds from its insolvent supply chain finance linked to Greensill, the Swiss bank said on Tuesday. The collapse of Credit …
Credit Suisse told investors the debt in its $7.3 billion finance fund was low risk because it was insured but the bank failed to ensure the policies would pay out, two sources told Reuters. When Japan’s Tokio Marine, the company …
ReCovX Health Launches Injury Claim Filing Tool RecovX Health, an insurtech based in Sarasota, Fla., has launched a product that allows injured people to file third-party liability accident claims with insurance companies. RecovX founder and owner Lee E. Fogle said …
Frankenmuth Insurance Introduces Photo-Based Estimating Frankenmuth Insurance’s Michigan policyholders will now be able to take photos of vehicle damage and submit them for estimate creation, without the need for a physical inspection or shop appointment. The new service allows the …
Tokio Marine HCC Names Skarinka COO for Professional Lines and Public Risk Groups Tokio Marine HCC appointed Christopher R. Skarinka chief operating officer for its Professional Lines and Public Risk Groups, which specialize in small accounts errors & omissions coverage …
Sheps Promoted to VP of Claims at Coverys Coverys, a provider of medical professional liability insurance, announced the appointment of Stephanie Sheps to vice president of Claims. Sheps inherits the position from Barbara Staples who recently retired from the organization …
Tokio Marine Streamlines Cargo,Product Contamination Coverage Tokio Marine America and Tokio Marine HCC, two subsidiaries of Tokio Marine Holdings, are offering food and beverage importers simplified access to Cargo and Product Contamination coverage. This partnership will offer broader choices and …