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Legacy Specialist Enstar Provides $2.4B Adverse Development Cover for AXA XL
www.insurancejournal.com

Enstar Group Ltd. announced that one of its wholly owned subsidiaries has signed an agreement to provide adverse development cover to AXA XL, a division of AXA. In the transaction, Enstar’s subsidiary will cover losses incurred on or prior to …

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Chubb’s Digital Blink Targets Consumer Sales via Partner, Affinity Companies
www.insurancejournal.com

Chubb has launched a digital platform for selling selected insurance coverages to “digitally savvy” consumers, primarily through affinity, company and digital broker partners of Chubb to their members, employees and customers. The platform, Blink by Chubb, represents a new brand …

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US business interruption ruling doesn’t go insurer’s way
www.insurancebusinessmag.com

It’s a good sign for the dozens of businesses that have sued the company

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South Dakota AG’s Cellphone Use Before Deadly Crash Questioned
www.insurancejournal.com

Investigators questioning South Dakota’s attorney general after a fatal car crash pressed him on how he did not realize he had struck a man and whether he had been reading email and checking news sites on his phone immediately before, …

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Flood Risk in Iowa, Nebraska Appears Low with Gradual Snow Melt
www.insurancejournal.com

The risk of flooding generally remains low across most of Nebraska and Iowa because the snow across both states is expected to melt gradually in the coming days. But the amount of ice on some rivers, particularly the Platte River …

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North Dakota House Passes Bill That Would Legalize Recreational Marijuana
www.insurancejournal.com

The Republican-controlled House has passed legislation to legalize recreational marijuana in North Dakota. Lawmakers also passed a related bill setting up a tax policy for marijuana. Both bills now go to the Senate. The legislation restricts recreational marijuana to people …

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Auto Insurers Slam Nevada Pandemic Lawsuits
www.insurancejournal.com

The American Property Casualty Insurance Association is responding strongly to new litigation the group says is an attempt to capitalize on the ongoing pandemic by targeting the auto insurance marketplace. Class action lawsuits were filed in Nevada against 10 major …

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After Texas Power Failures, South Carolina Gov Wants Winter Storm Review of Grid
www.insurancejournal.com

South Carolina Gov. Henry McMaster wants the state’s electric providers to review their power grids to see if they could face problems like what happened in Texas during the recent winter storm. McMaster sent a letter Friday to the Office …

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15 Insurers Stop Doing Business with Nord Stream 2 Pipeline to Avoid Sanctions: Reuters
www.insurancejournal.com

Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was …

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