Court Approves GM’s $120M Ignition Switch Lost Value Claims Settlement with Owners April 24, 2020 By Jonathan Stempel General Motors Co. on Thursday won preliminary U.S. court approval of a $120 million settlement with owners who said defective...
Parents of UConn Student Settle Wrongful Death Lawsuit for $1M April 24, 2020 By Dave Collins The parents of a University of Connecticut student who was run over and killed by a campus fire department truck...
The Concord Group Announces Plan to Return $2.4M to Policyholders During Pandemic April 24, 2020 The Concord Group Insurance Companies has announced a plan to deliver $2,400,000 in return premium and expand several underwriting guidelines...
Pennsylvania Outlines Temporary Licensure Process for Insurers During COVID-19 April 24, 2020 The Pennsylvania Insurance Department has submitted a notice to all state insurance companies and agencies outlining the process for issuing...
Reinsurance Rendez-Vous de Septembre Canceled due to Coronavirus Crisis April 24, 2020 The 64th Rendez-Vous de Septembre (RVS) in Monaco, which was scheduled to be held Sept. 12-17, has been cancelled due...
Some Auto Insurer Premium Discounts Should Be Bigger, Say Consumer Groups April 24, 2020 By Suzanne Barlyn Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett’s Geico Corp.,...
Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis April 24, 2020 The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus...
College Sports Lack Options of Pro Sports for Getting Back in the Game April 24, 2020 While professional sports leagues can ponder plans to isolate their athletes from the coronavirus and have them play in unusual,...
Pennsylvania’s PMA Companies Names Bell as Senior VP, Chief Financial Officer April 24, 2020 PMA Companies, an insurance company headquartered in Blue Bell, Penn., has named Robert Bell as senior vice president and chief...
Everest Re Estimates $150 Million in Pandemic-Related Losses During First Quarter April 24, 2020 Everest Re Group estimated pre-tax losses of $150 million during the first quarter from claims related to the coronavirus pandemic....