Delaware Joins List of States and Localities Suing Big Oil September 14, 2020 By Randall Chase Delaware has joined the list of state and local governments that have sued the petroleum industry in an attempt to...
Virginia’s Kinsale Capital Group Hires Beachy as Executive VP, Chief Claims Officer September 14, 2020 Kinsale Capital Group Inc. has hired Mark J. Beachy as executive vice president and chief claims officer, effective October 5,...
Ex-Law Firm Employee in Rhode Island Charged with Embezzling Almost $750K September 14, 2020 A former bookkeeper for a Rhode Island law firm has agreed to plead guilty to charges related to the embezzlement...
Why the Coronavirus Recession Is Not Like the Last Recession September 14, 2020 By Howard Schneider and Jonnelle Marte Judith Ramirez received a letter this month that she’d been dreading: The Honolulu hotel that furloughed her from a housekeeping...
Lloyd’s Names AIG/Blackboard’s Schoberth to New U.S. Market Development Position September 14, 2020 Lloyd’s of London has appointed Uwe Schoberth as U.S. market development director, a new role focused on expanding its strategic...
Reinsurers Enter January Renewals, Focusing on Underwriting Discipline: Carpenter, Aon September 14, 2020 By L.S. Howard Economic uncertainty and volatility, in combination with COVID-19-related losses, is leading to a heightened level of cautiousness among property reinsurers...
Guy Carpenter’s Riley to Join Lockton Re Aviation Practice in London September 14, 2020 Global reinsurance broker Lockton Re announced that Dominic Riley will be joining Lockton Re in London to lead the Aviation...
Slovenian Woman Sentenced for Cutting Off Her Hand for Insurance Payout September 14, 2020 A court in Slovenia on Friday sentenced a 22-year-old woman to two years in prison for deliberately cutting off her...
Senators Back Tighter Aircraft Oversight, Quicker Plane Crash Data Disclosure September 14, 2020 By David Shepardson The U.S. Senate Commerce Committee will vote on Wednesday to require the Federal Aviation Administration (FAA) to quickly disclose risk...
Major UK Ruling on Business Insurance for COVID-19 Claims Expected Tuesday September 14, 2020 By Benjamin Robertson and Lucca de Paoli Insurers battered by coronavirus are about to find out how much worse the damage could get. A London court is...