UK Regulator Warns Insurers to Fairly Calculate COVID-Related Biz Interruption Claims August 4, 2020 Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face...
EXOR and Covéa ‘Normalize’ Relations After Failed PartnerRe Deal August 4, 2020 Italy’s EXOR said on Monday that French insurer Covéa had agreed to invest a total of 1.5 billion euros ($1.8...
Nebraska Lawmakers Reject Bid for More Safety Restrictions at Meatpacking Plants August 4, 2020 By Grant Schulte Nebraska’s meatpacking plants won’t have to worry about any new safety restrictions this year, despite outbreaks of the coronavirus among...
Manhattan District Attorney Says Trump Probe Includes Alleged Insurance, Bank Fraud August 4, 2020 By Karen Freifeld Manhattan’s district attorney on Monday suggested a grand jury subpoena for U.S. President Donald Trump’s tax returns was part of...
AIG Q2 Profit Falls on Higher Catastrophe Losses, Lower Private-Equity Returns August 4, 2020 By Suzanne Barlyn Insurer American International Group Inc. on Monday posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe...
Judge Voids Parts of Trump Labor Rule Limiting Coronavirus Sick Leave Eligibility August 4, 2020 By Jonathan Stempel A U.S. judge on Monday voided parts of a Trump administration rule that restricted paid sick leave and emergency family...
McGriff to Consolidate South Florida Operations, Open Additional Branches August 4, 2020 Insurance broker McGriff will expand its southeastern Florida operations with a new headquarters office in Coral Gables and the opening...
New Value Insurance MGA Offering Non-Standard Auto in Alabama August 4, 2020 Value Insurance MGA, a new Birmingham, Ala., domiciled managing general agent specializing in non-standard auto insurance, is now offering a...
Isaias Regained Hurricane Strength Before Hitting Carolinas August 3, 2020 By Peter Szekely HATTERAS ISLAND, N.C., Aug 3, 10:26 PM — Isaias regained hurricane strength on Monday night just hours before it was...
Rule Requires Washington Insurers to Notify Consumers of Appeal Rights August 3, 2020 All insurers in Washington that take action against a policyholder must include information in the notices about the right to...