South Africa to Launch Compensation Fund to Allay Vaccine Makers’ Liability Concerns April 20, 2021 JOHANNESBURG – The South African government’s compensation fund to cover potential injuries from COVID-19 vaccines could cost around 250 million...
Everest Re Estimates Q1 2021 Catastrophe Losses of $260 Million April 20, 2021 Bermuda-based Everest Re Group Ltd. estimates pre-tax catastrophe losses for the first quarter of $260 million. Breaking down that total,...
First United Insurance Division Rebrands as Unity Insurance Partners April 20, 2021 Unity Insurance Partners is now the name of the insurance division at Plano, Texas-based financial services firm, First United. First...
Insurers Report Estimated Q1 Catastrophe Losses April 20, 2021 Carriers are starting to report their pretax catastrophe loss estimates for the 2021 first quarter, and the numbers are significant....
How Meatpacking Plants’ COVID-19 Cases Hurt Counties April 20, 2021 An estimated 334,000 COVID-19 cases are attributable to meatpacking plants, resulting in $11.2 billion in economic damage, according to a...
With Claims Rising, Cyber Insurers Need More Than Sizable Rate Increases: Fitch April 20, 2021 Cyber insurance underwriters are reporting substantially higher claims losses in 2020 than in prior years and as a result face...
Digital E&S Broker Pathpoint Releases Lessor’s Risk Commercial Package April 20, 2021 Pathpoint, a digital excess and surplus lines insurance distributor, has launched its Lessor’s Risk Only (LRO) Commercial Package for agents...
70 Homes Across Mississippi Damaged by 4 Tornadoes April 20, 2021 Four tornadoes that moved across Mississippi earlier this month caused damage to around 70 homes, emergency officials said Thursday. Four...
California Welder Arraigned on Felony Workers’ Comp Fraud Charges April 19, 2021 Ahmad Zaki Noori, 41, of Sacramento, Calif., was arraigned on two felony counts of workers’ compensation insurance fraud after allegedly...
No Charges in New York Fatal Crash Involving Sleeping Deputy April 19, 2021 A sheriff’s deputy who fell asleep at the wheel of a patrol vehicle near the Vermont border and slammed into...