After a profitable 2019, the U.S. personal lines insurance sector is positioned to see underwriting profits in 2020 even with considerable economic uncertainty from the coronavirus pandemic, according to a report from Fitch Ratings. The ongoing pandemic is “substantially affecting” …
Colorado has filed a lawsuit against an e-cigarette manufacturer saying the company marketed products to children and downplayed health risks. The lawsuit filed in Denver District Court in early July says Juul Labs Inc. violated the Colorado Consumer Protection Act, …
The Labor Commissioner’s Office has filed a lawsuit against a gig-economy car wash company in Southern California for violating labor laws by misclassifying employees as independent contractors. Mobile Wash Inc. of Bellflower misclassified at least 100 workers, harming both the …
An insurer is not liable for injuries caused by a policyholder who shot a 15-year-old boy in the head because the policy excluded coverage for criminal acts, a split Georgia Court of Appeals panel decided. The 2-1 ruling by the …
Coronavirus infections among the salvage crew are delaying plans to cut apart and remove a hulking cargo ship that capsized off the coast of Georgia 10 months ago. Officials had hoped to start slicing the South Korean freighter Golden Ray …
One of my favorite books and movies is The Milagro Beanfield War. It takes place in the ’70s in a small, poverty stricken, dirt street northern New Mexico village. It’s close to a third world village, and into this village, …
Insurance organizations have recently been navigating a number of talent shifts in a short amount of time. Organizations that did not previously have remote work strategies in place have had to quickly implement programs and launch new technologies to ensure …
Lloyd’s announced it plans to stop accepting admitted market accounts in the United States in a year and focus on the U.S. reinsurance and excess and surplus (E&S) insurance market, where it is the market leader. As part of this …
The coronavirus experience has changed how most people view life and work. The biggest change is that many insurance industry pros have learned that they can do their job from home, and most, but not all, seem to enjoy that. …
At least 40% of all coronavirus deaths in the U.S. are from nursing home residents and caregivers. States like Massachusetts and Pennsylvania report an astounding 62% to 65% of their COVID-19 deaths from nursing homes and assisted living facilities. The …
