A settlement paid by stocks rather than money is a covered loss that must be paid by an insurer, the Delaware Supreme Court has affirmed. The state’s high court agreed with a lower court’s ruling that the definition of “loss” …
Liberty Mutual and Satellite Firm ICEYE Launch Parametric Wildfire Insurance
Liberty Mutual Insurance and space intelligence firm ICEYE have partnered to launch a parametric wildfire insurance coverage that works with satellites. Liberty Mutual’s parametric wildfire