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Chunnel operator secures $64M payout outage – Business Insurance

Getlink SE, which manages and operates the Channel Tunnel between France and the U.K., has agreed with its insurers on roughly 55 million euros ... Source link

Lockton plans new global headquarters in Kansas

Lockton said Friday it will build a new global headquarters complex in Leawood, Kansas, part of the Kansas City metropolitan area. The brokerage, founded in Kansas City, Missouri, in 1966, said the office is scheduled to open in 2030. Lockton has been at its...

Sean O'Connell – Business Insurance

Munich Re Specialty named Sean O'Connell head of E&S casualty. Previously, Mr. O'Connell was head of primary E&S casualty business. Megan Kelley… Source link

Bermuda Insurance Litigation Guide 2025 (Chambers) | Carey Olsen

Rules governing insurer disputes 1.1 Statutory and procedural regime Bermuda is a British Overseas Territory. The modern legal system of Bermuda is established by the Bermuda Constitution Order 1968, an Order in Council of the United Kingdom that established the Supreme Court as the primary...

How inflation and supply chain issues affect business insurance needs

The current business environment has transformed insurance coverage because inflation and supply chain disruptions lead to higher replacement expenses, longer claim processing times, and require businesses to review their insurance policies. The business insurance industry now requires businesses to pay elevated premiums while...

74% of small businesses underinsured as cyber claims hit $264K – Insurance News

SAN FRANCISCO, Calif. — December 16, 2025 — The median small business holds $12,100 in cash reserves while the average cyber insurance claim now costs $264,000, creating whatMoneyGeek calls the "Insolvency Gap," according to a new analysis examining small businesscash flow and cyber...