Exor Plays Hardball with French Insurer Covéa as PartnerRe Deal Collapses: Opinion May 14, 2020 By Chris Hughes, Bloomberg Opinion Renege on a deal with the Agnellis and you can expect to pay for it. Scion John Elkann has refused...
Typhoon Vongfong Hits the Philippines with Evacuations Expected May 14, 2020 By Brian K. Sullivan Typhoon Vongfong, the Northern Hemisphere’s first named storm [of 2020], is rapidly intensifying east of the Philippines, where it could...
Lloyd’s Expects US$4.3B in COVID-19 Claims – On Par with Costs of 9/11 Terror Attacks May 14, 2020 By L.S. Howard Lloyd’s of London revealed it will pay claims in the range of $3 billion to $4.3 billion as a result...
More Restrictions Eased in Georgia; AG Asks Congress for Business Lawsuit Protections May 14, 2020 By Jeff Amy Georgia Gov. Brian Kemp eased a few restrictions Tuesday on businesses and child care operations, but said he was keeping...
23 Killed of COVID-19 in Alabama Veterans Nursing Home May 14, 2020 About two dozen people have died at an Alabama veterans nursing home because of COVID-19, the illness caused by the...
Financial Trade Group, Stock Exchanges Resolve Broker Liability Database Dispute May 14, 2020 By John McCrank A financial industry trade group said on Wednesday it resolved a dispute with U.S. stock exchanges that had threatened to...
Fitch Sees Little Stress on Insurer Ratings From Pandemic. Thus Far. May 14, 2020 By Andrew G. Simpson Having reviewed 70% of all of the North American insurers it rates for the effects of the coronavirus and economic...
Washington Mandates New Farmworker Housing Emergency Rules for Pandemic May 13, 2020 New emergency rules adopted on Wednesday regarding temporary farmworker housing are designed to help increase worker safety and reduce the...
California Commissioner Names Members to Insurance Diversity Task Force May 13, 2020 California Insurance Commissioner Ricardo Lara on Wednesday announced the newest members of the Insurance Diversity Task Force, which makes recommendations...
South Carolina Allows Gyms, Barbers to Reopen; Hires 1,800 Contact Tracers May 13, 2020 By Jeffrey Collins South Carolina moved closer to fully reopening its economy on Monday as restaurants reopened with restrictions and the state’s governor...