National News for October 2020
- Integrated Specialty Coverages Launches Investor Property Insurance Program
- Argo Checking Out of Grocery, Restaurant and Other Retail Insurance Lines
- Nautilus Insurance Names Joyce as President; Kuzma to Become Chairman
- McDonald’s Black Franchisees File New Discrimination Lawsuit
- Reinsurers’ Investment Strategies Offer Buffer for Low Interest Rates, Pandemic: S&P
- Republicans Eye ‘Jackhammer’ to Reform Tech Liability While Democrats Grab ‘Scalpel’
- How Government Plans to Make COVID-19 Vaccine Free for Every American
- Why It’s a Good Time for Insurtechs to Be Thinking About Mergers
- GM’s Cruise on Top in Consumer Reports Safety Ratings of Driving Assistance Systems
- AXIS Insurance, Kennedys Law Launch Marine Cyber Product
- Dozens of U.S. Hospitals Hit With String of Ransomware Attacks
- Chubb Weathers $1 Billion in Catastrophes, Gains New Business in COVID Economy in 3Q
- How Much Insurance Groups Have Given to Trump, Biden and House, Senate Candidates
- CoreLogic Engaged in Takeover Talks With CoStar, Warburg
- AI-Based Risk Score Predicts Prognosis of Outpatients with COVID-19
- Q3 Insurtech Fundraising Breaks Records, but Some Mid-Tier Firms See Funding Gap
- Startup Auto Insurer Root Raises $724.4 Million in IPO
- Introducing: The Insuring Cyber Podcast
- Twitter, Facebook, Alphabet Executives to Defend Liability Shield Before Senate
- EPA Denies Ban; Permits Farmers’ Use of Dicamba-Based Weed Killers for Five Years
- Tyson Gets OK to Use Employees, Technology for Safety Inspections at Meat Plant
- New CFC Intellectual Property Product Targets Risks of M&A Transactions
- Pandemic Having LittIe Effect on Insurance Agency M&A Activity: OPTIS Partners
- Lawsuit Alleges Uber Uses ‘Biased’ Rider Ratings to Fire Drivers
- Goldman Sachs Denies Accusations of Attempted Cover-Up of Sexual Misconduct
- How Auto Workers Are Keeping Factories Running and Masks On
- Workers’ Compensation Should See Profit This Year But Maybe Not in 2021: Fitch
- AIG Names Zaffino to Succeed Duperreault as CEO; Will Spin Off Life Insurance Business
- Insureds After COVID Premium Cuts Must Ask State Regulator First, Judge Rules
- W.R. Berkley Says Rate Increases Averaging 14.5% Contributed to Solid 3Q Results
- Business Interruption Cyber Risks Demand More Insurer Attention as 5G Dawns
- Remote Workforce to Double in 2021 Due to Improved Productivity: CIO Survey
- Scientists Identify Nuclear Plants Facing Highest Risks From Earthquakes
- McDonald’s Seeks Dismissal of Racial Bias Claims by Black Former Franchise Owners
- Amazon Injuries Could Spark Higher Workers’ Comp Rates for Fulfillment Centers
- AIG Settles Foreign Tax Credit Dispute With U.S.
- Safety Regulator Vows to ‘Closely Monitor’ New Tesla Self-Driving Software
- IRS Takes Aim at ‘Abusive Micro-Captive Practices’ with Another Settlement Offer
- Insurer to Appeal Restaurants’ Win in North Carolina COVID Business Interruption Case
- U.S. Consumer Agency Weighs Update of Rules on Access to Personal Financial Data
- Walmart Sues U.S. to Clarify Pharmacy Liability in Opioid Crisis
- Tangram Teams With Markel on Propane and Fuel Distributors Program
- Is Climate Change Making Drought One of the Nation’s Costliest Disasters?
- Marsh Adds Aon’s Albers to Lead Its Life Sciences Practice
- Auto Insurance Claims Satisfaction Continued to Rise During Pandemic
- Insurity Acquires Billing Services Firm Bill It Now
- AM Best’s Estimates for U.S. Insurers’ Asbestos & Environmental Losses Unchanged
- Self-Driving’s Latest Turn: GM’s Cruise Seeks OK for Cars Without Steering Wheel, Pedals
- FCC Says It Has Authority to Change Social Media Liability Shield
- 1 in 4 Businesses Has Experienced Cyber Event, Travelers Survey Finds
- Cryptocurrency Exchange Bitstamp Adds Lloyd’s-Backed Crime Insurance Policy
- Purdue Pharma to Plead Guilty Over Opioid Practices; Critics Balk at Terms
- RSG Underwriting Managers Names Wuller Executive Vice President
- Election Security: Retailers Board Up Stores Amid Fears Over More Civil Unrest
- Getting Digital Currency Right More Important Than U.S. Being First, Says Fed’s Powell
- After Helping Shepherd Pandemic Loans, Banks Now Brace for Regulatory Risks
- As Employees Have Stressed Out During Pandemic, Many Employers Have Stepped Up
- The Main Street America Group Rebrands, Expands Commercial Offering
- Burns & Wilcox Adds Personal Lines Cyber Protection for Homes, Families, Individuals
- Survey Finds 78% of Risk Managers Now Buying Cyber Insurance
- Battery Fires Make Headlines as Electric Vehicle Sales Take Off
- Travelers Reports Strong 3Q with Profit More Than Doubling
- Startup Personal Lines Insurer Root Looking to Raise $604 Million in IPO
- Sompo International Adds D&O Coverage for Public Companies
- CDC Issues ‘Strong Recommendation’ for Mask-Wearing by All in Travel Settings
- Trump EPA Saves Coal Plants Millions with Delay on Coal Ash Pond Closures
- CRC Group Sets New Leadership Roles for Brennan, Kessler As Helveston to Retire
- Pandemic Amplified Security Gaps for Public Sector Cyber Officials
- Employees Reporting Harassment Suffer Retaliation for Complaining: Time’s Up Study
- Vast Majority of COVID-19 Workers’ Compensation Claims Are Small, Says NCCI
- What P/C Insurance Industry Can Expect If Biden Wins or If Trump Is Re-Elected
- CUNA Mutual Acquires Digital Consumer Lending Platform CuneXus
- Malpractice Claims Against Hospitals Hold Steady But Severity Increases
- Amerisure’s Crabb Elected Chair of Insurance Trade Group APCIA
- FCC Chief Vows to Advance New Social Media Company Liability Rules
- Insurance Acquisition Completes Shift Auto Retailer Deal; IPO Launches
- What 3Q Catastrophe Losses Mean for U.S. P/C Results
- Employers Asked to Reveal Data to Test Their Diversity Pledges
- FM Global Creates Specialty Division for Forest Products, Chemical Industry
- NFL’s COVID-19 Defensive Plan Does Not Include Bubble
- States Oppose U.S. Settlement with Purdue Over OxyContin
- Top 10 Stolen Vehicles; Ford Beats Honda
- Berkshire Hathaway Sues Law Firm It Says Aided $756 Million M&A Fraud
- Weighing Effects of Treasury’s Ransomware Pay Warnings on Cyber Victims and Insurers
- New Guy Carpenter Unit Serves Carriers, MGAs in Program Business Market
- Canada’s Intact Rebrands OneBeacon, All North American Specialty Insurance as Intact
- Beazley’s Keefe Moves to Marsh to Lead Cyber Incident Management Team
- Radiation Near Fracking Sites Poses Potential But Not Extreme Health Risk
- Twitter Security Failure Prompts Call for Regulating Internet Giants as Systemic Risks
- Supreme Court Will Decide Constitutionality of Patent Appeal Board Appointments
- Short-Term Rental Sites Combat Party Houses, Complaints as COVID Shuts Nightclubs
- J&J to Pay $5 Billion in Potential Opioid Settlement With States
- The Impact of Political Risks on Businesses
- AmWINS, CRC and Heffernan Create Technology Alliance for Specialty Business
- Crisis Within a Crisis: How COVID-19 Is Driving the Opioid Epidemic
- Sternberg Joins NFP’s Merger & Acquisition Risk Unit
- Working From Home Is Here to Stay: Viewpoint
- Fire Departments Need Training in Electric Vehicle Fires
- InsuraGuest to Offer Crum & Forster BOP Coverage to 130+ Classes Via Web Portal
- 50 Years at the Helm of Insurance Journal
- Progressive Integrates Home Insurance Quoting Into Mortgage Lending Program
- Facing Deceptive Opioid Marketing Suits, Mallinckrodt Files for Bankruptcy
- Senator Calls on U.S. to Delay IPO by China’s Ant Group
- Munich Re Specialty Launches E&O Covearge for Mid-Sized Law Firms
- U.S. Olympics Sues Insurers Over Stalled Nassar Sex Abuse Settlement
- Nexus Adds E&S Market to Professional Liability Offering
- U.S. Sues Yale University Claiming Illegal Favoritism for Blacks, Hispanics in Admissions
- China’s Ping An-Backed Lufax Files for $3 Billion U.S. IPO
- From Wildfires to Sally to China Floods, September Was a Disastrous Month
- Royal Caribbean Cruise Line Hit with Shareholder Lawsuit Over Coronavirus
- How Pandemic, Contracts Focus Intellectual Property Insurance on Intangible Assets
- Firms’ Employee Benefit Offerings Reflect Pandemic-Reshuffled Priorities
- Washington Commissioner’s Climate Summit Highlighted Area, Global Vulnerabilities
- Chance of La Niña Through Winter Now at 85%, Says U.S. Weather Service
- Waymo Driverless Taxi Now Available to Public in Phoenix
- Florida Homeowners Insurtech TypTap Goes National; Plans Roll-Out in 20 States
- Microsoft Says Labor Department Is Questioning Its Effort to Boost Diversity
- Digital E&S Insurance Broker Pathpoint Makes Its Debut
- Top 10 Reasons P/C Insurers Run Afoul of Regulators’ Market Conduct Exams
- No Action Yet on Trump Social Media Liability Proposal
- Online Platform Allows Agents, Buyers to Compare, Buy Flood Insurance
- Supreme Court Hears Google’s Appeal of Oracle’s $8 Billion Copyright Claim
- Markel Consolidates Property Catastrophe Reinsurance Business Under Nephila
- AXIS Insurance Adds 4 Senior Underwriters to Management Liability Team
- How Coronavirus Is Changing Claims, Risks, Work, Habits, Supply Chains and More
- Progressive CEO Says Move Into Life Insurance Possible: ‘More to Come’
- SEC Warns GE of Possible Securities Violations in Its Insurance Accounting
- House Antitrust Panel Blasts Big 4 Internet Firms for Abuses; Seeks Reforms, Separations
- Bold Penguin Acquires RiskGenius in Commercial Insurance Technology Deal
- An Insurance Lyft: CSAA Forms Rideshare Carrier; Allstate, Liberty Mutual Offer Coverage
- Insurance Consumer Advice for Buyers of High-Risk Homes: Liz Weston
- Rebuilding in Wildfire Zones: A One-Stop Shop for Wildfire Victims
- Hollywood’s Insurer Braces for Claims Due to COVID-Related Movie, TV Shutdowns
- Judge Orders Cisco to Pay $1.9 Billion in Cybersecurity Patent Lawsuit
- Personal Lines Insurtech Root Files IPO Proposal with SEC
- Pandemic Economic Uncertainty Could See Insurers Buying, Partnering with Insurtechs
- Court Approves $800 Million Settlement For Las Vegas Shooting Victims
- Insurers Gain Early Wins in COVID-19 Business Interruption Lawsuits
- Supreme Court Agrees to Hear Jurisdiction Question in Climate Damages Lawsuit
- Appeals Court Reinstates Glaxo $235.5 Million Verdict Against Teva
- Judges Nix Consolidating COVID Business Interruption Suits Against Big Insurers
- Next Insurance Expands Workers’ Compensation to 24 Additional States
- Everest Insurance Appoints Harnett, Nikodem and Lightbown to Key Underwriting Posts
- Business Continuity Firm Agility Recovery Acquires Chicago’s Recovery Solutions
- Judge Blocks Trump ‘Secretive’ Commission Report on Police and Civil Justice
- Coal Executive Murray Files for Federal Benefits to Treat His Black Lung Disease
- COVID-Sniffing Robots Promise Fast Testing Alternative
- Amazon Reveals 19,000 Frontline Workers Contracted Coronavirus
- Traffic Deaths Fell But Fatality Rate Spiked During Coronavirus Lockdowns
- U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands
- Ascot Names S&P’s Guijarro as U.S. Chief Risk Officer
- Researchers Show How Conversation Spreads Virus Inside Buildings
- Next Insurance Adds 24 States to Its Workers’ Compensation Market Map
- Trump Signs Stopgap Government Funding Measure with 1 Year Flood Insurance Renewal
- Allstate to Cut 3,800 Jobs as Latest Step in Multi-Year Growth Plan
- FAA Chief Completes Boeing 737 Test Flight: Likes What He Saw But Process Not Done
- AXA XL Expands Construction Offering to ‘Highly Protected Projects’
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