Explosion at Anglo American Coal Mine in Australia Injures 5, Halts Production May 6, 2020 An explosion halted production on Wednesday at a coal mine run by Anglo American in Australia’s northeastern state of Queensland,...
MGA Platform OneAdvent Buys Property MGA Modus from CFC Underwriting May 6, 2020 OneAdvent, a London-based managing general agent (MGA) platform, announced the acquisition of Modus Underwriting Ltd., a digital-first MGA focused on...
Two Law Firms Seek British Businesses to Join Biz Interruption Lawsuit Against Allianz May 6, 2020 Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer...
Louisiana’s Donelon Asks Commercial Auto Insurers to Offer COVID-19 Relief May 6, 2020 Louisiana’s chief insurance regulator wants insurers to consider offering premium relief to their commercial auto insurance customers due to the...
California Attorney General and City Attorneys Sue Uber, Lyft for Worker Misclassification May 5, 2020 California Attorney General Xavier Becerra and the city attorneys of Los Angeles, San Diego, and San Francisco, on Tuesday sued...
CNA Records Q1 Loss Tied to Market Volatility from Coronavirus May 5, 2020 CNA Financial Corp. recorded a first quarter 2020 net loss of $61 million, and core income of $108 million. The...
Heffernan Acquires Contractors Insurance NW in Washington May 5, 2020 Heffernan Insurance Brokers has acquired Contractors Insurance NW in Olympia, Wash. Heffernan purchased the assets of CINW to join HeffDirect,...
Mercury General in California Reports 1Q Loss of $139M May 5, 2020 Mercury General Corp. this week reported a first-quarter loss of $139.2 million, after reporting a profit in the same period...
Marsh & McLennan Revenue Grew 14% in Q1 May 5, 2020 Marsh & McLennan Companies (MMC) marked the one-year anniversary of its acquisition of Jardine Lloyd Thompson (JLT) by reporting consolidated...
German Judge Casts Doubt on VW’s Defense in Landmark Diesel-Damages Case May 5, 2020 A German federal court judge cast doubt on Volkswagen’s reasoning after the carmaker urged the court to dismiss a claim...