California Will Let Startup Nuro Test Driverless Delivery Vehicles April 8, 2020 By Munsif Vengattil California’s Department of Motor Vehicles on Tuesday authorized autonomous technology startup Nuro to test two driverless delivery vehicles in nine...
Virginia Authorities Warn of Scams Targeting Relief Checks April 8, 2020 Officials in Virginia are warning of possible scams related to the coronavirus epidemic. And they’re particularly worried about the $1,200...
Allstate Announces $1.3M Shelter-in-Place Payback to Mainers April 8, 2020 Allstate is returning savings resulting from shelter-in-place orders back to consumers. This comes as the company cited an unprecedented decline...
Two New Jersey Eateries Destroyed by Massive Fire April 8, 2020 A fast-moving fire destroyed at least two eateries and left several people homeless in a northern New Jersey community, authorities...
Guest Post: The Insurance Professional’s Guide to Depositions, Part 3 – Preparing to Testify as a Fact Witness April 8, 2020 By Patrick Wraight Today’s post is the third in a series of posts by friend of the Academy, Crystal M. Uebelher, J.D., CPCU....
Hiscox Withdraws 2020 Financial Guidance, Cancels Dividend Payment on COVID Crisis April 8, 2020 Hiscox Ltd. is withdrawing all financial guidance for 2020 as a result of the uncertainties connected to the coronavirus crisis....
Failure to Act on Climate Change Could Make Weather Risks Uninsurable: Swiss Re April 8, 2020 By L.S. Howard Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty...
Growing Number of UK Insurers Cancel Dividends Amid COVID-19 Concerns April 8, 2020 By Sinead Cruise and Muvija M British insurers canceled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank...
Hong Kong-Based Peak Re to Acquire Bermuda ILS Asset Manager Lutece April 8, 2020 Peak Reinsurance Co. Ltd. has entered into definitive agreements to acquire 100% of the capital of Lutece Holdings Ltd. and...
BMS Appoints Broadnax to U.S. Property Facultative Team in Atlanta April 8, 2020 BMS Group (BMS), the independent specialist (re)insurance broker, has appointed Larry Broadnax as senior vice president, Property Facultative Leader, effective...