COVID-19 has created new normals in the business world

COVID-19 has created new normals in the business world

The world has changed since COVID-19’s appearance, never to return to the way it was; so, get ready for a cocktail of technological advances. That was the central message of futurist Chris Riddell, an Australian, who was one of three featured presenters at an...
Lloyd’s reports $1.2 billion loss for 2020 underwriting year

Lloyd’s reports $1.2 billion loss for 2020 underwriting year

London ViewsBy LEN WILKINSLondon Correspondent Lloyd’s annual report for 2020 shows a $1.2 billion loss as net COVID-19 claims reached $4.42 billion which caused the market to hit a combined operating ratio of 110.3 percent against 102.1 percent for 2019. The $1.2...
Pennsylvania seeks liquidation of Bedivere/One Beacon

Pennsylvania seeks liquidation of Bedivere/One Beacon

Pennsylvania Insurance Commissioner Jessica Altman announced March 19 that the Commonwealth Court approved a petition to liquidate Bedivere Insurance Company, formerly OneBeacon Insurance Company on March 11. Through the liquidation process, policyholder claims will...
Transformational change can lead to a better normal

Transformational change can lead to a better normal

Baby steps are about incremental change – slow, safe, and easy, with Momma standing by your side and holding your hand. Giant steps are about transformational change – leaps of faith with nobody to hold your hand, where risks abound, and sometimes someone is kicking...