Q1 Insurtech Fundraising Drops 54% on COVID-19 Disruption: Willis Towers Watson May 8, 2020 Overall funding for insurtech investments decreased by 54% during the first quarter as a result of the COVID-19 crisis, compared...
White House Quashes ‘Overly Specific’ CDC Guide for Reopening of Economy May 8, 2020 By Alexandra Alper and Maria Caspani The White House shelved a step-by-step guide prepared by U.S. health officials to help states safely reopen mass transit, restaurants,...
Trump Administration Revises Sexual Assault Response Rules for Schools May 8, 2020 By Collin Binkley Education Secretary Betsy DeVos on Wednesday issued a new policy that will reshape the way schools and universities respond to...
Brand and Waterman Appointed to New Roles in Zurich’s Commercial Insurance Team May 8, 2020 Zurich Insurance Group announced it has appointed Ralph Brand as global head of Casualty, Financial Lines and Cyber, and Chris...
April’s Killer Tornadoes Cost Insurers Billions in Claims: Aon Report May 8, 2020 Extensive severe weather events in the United States during April cost insurers billions of dollars, according to the latest edition...
UK Regulator Seeks Court Review in July to Resolve COVID-19 Insurance Dispute May 8, 2020 By Carolyn Cohn and Kirstin Ridley Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon as July,...
Complex Financial Products Aren’t the Solution to Climate Change or Pandemic: Opinion May 8, 2020 By Kate Mackenzie, Bloomberg Opinion Almost exactly four years ago the World Bank announced a pioneering project, the Pandemic Emergency Financing Facility, designed to develop...
Split Okla. Supreme Court Sides with Plaintiffs in Attorney Fee Dispute May 8, 2020 By Jim Sams An insurer that failed to pay a claim within 60 days cannot be considered the prevailing party even if a...
NFL Kicks Off Plan to Reopen Team Facilities; MLS Soccer Allows Player Workouts May 8, 2020 By Barry Wilner The NFL has set protocols for reopening team facilities and has told the 32 teams to have them in place...
Billions Will Experience ‘Sahara’ Like Heat in Next 50 Years, Report States May 8, 2020 By Don Jergler Roughly a third of the global population could experience an average annual temperature of 84.2 degrees Fahrenheit (29C) in the...