Utah Lawsuit Against Pellet Grill Company Dismissed May 27, 2020 A district court judge has dismissed a proposed class action lawsuit against barbecue grill manufacturer Traeger Pellet Grills, deciding the...
Reinsurers Will Fail to Earn Cost of Capital in 2020, Leading to More Rate Hikes: Fitch May 27, 2020 Global reinsurers will fail to earn its cost of capital in 2020 amid the coronavirus crisis, which will help maintain...
Massachusetts Begins Phased Reopening, Implements Safety Standards for Workplaces May 27, 2020 Massachusetts Governor Charlie Baker has implemented mandatory safety standards for workplaces to reduce the risk of COVID-19 transmissions as the...
Liberty Mutual Appoints Perez to Chief Underwriting Officer of Global Risk Solutions May 27, 2020 Liberty Mutual Insurance has appointed David Perez as chief underwriting officer for Global Risk Solutions (GRS). GRS is Liberty Mutual’s...
Severe Storm Batters Coast of West Australia May 27, 2020 Tens of thousands of homes and businesses lost power, buildings were battered and trees were uprooted as a vast stretch...
Swiss Re Corporate Solutions Names Hunziker as APAC Head Property & Specialty May 27, 2020 Swiss Re Corporate Solutions has appointed Robert Hunziker as Asia Pacific Head Property & Specialty, effective Sept. 1, 2020. In...
Florida CFO to Focus On Pandemic Business Liability Protections in 2021 Session May 27, 2020 Florida CFO Jimmy Patronis said he will pursue legislation that establishes liability protections for businesses in the next legislative session...
P/C Insurance Underwriting Profits Up 21% for Q1: AM Best Analysis May 27, 2020 Even though unrealized capital losses pushed surplus down 9 percent from year-end 2019 for the U.S. property/casualty insurance industry, aggregate...
Lockton Affinity to Offer Coverage for Architects, Engineers through GenStar May 27, 2020 Lockton Affinity has expanded its insurance coverage offerings to include customized policies for architecture, civil engineering, construction management, design build,...
Times Square to Go Dark to Shine Light on Fight Over Business Interruption Insurance May 26, 2020 The digital billboards in New York City’s famous Times Square will go dark tonight at 9 pm ET for one...