National News for July 2020
- The Hartford Achieves Q2 Profit; Next Up Is Cutting Jobs, Investing in IT to Trim Expenses
- Insurers’ $158 Billion CLO Bet Is Putting the Industry at Risk
- China-Backed Hackers ‘Targeted’ COVID-19 Vaccine Firm Moderna, Reuters Reports
- Chubb CEO Says U.S. Failure to Manage Covid-19 Hurts Economy, Global Image
- As Benefits Expire, Senate Adjourns Without Congressional Deal on Coronavirus Aid
- Climate Risk Analytics Firm Gets Capital Injections from Liberty and MS&AD
- Court Revives Actress Judd’s Sex Harassment Lawsuit Against Weinstein
- Insurance Journal Offers Free Agency for Sale Listings. What’s the Catch?
- Coastal Flooding Could Threaten 20% of World’s Economic Output by 2100: Study
- Marsh & McLennan Profit Up in Q2; CEO Sees Aon-Willis Merger ‘Good’ for MMC
- Reuters: Rite Aid Deployed China-Linked Facial Recognition in Poor Neighborhoods
- RB Jones Marine Adds Ocean Cargo Product, Hires Great American’s Gambino
- Claiming Plaintiff Farmer Not Ruined, Bayer Says Herbicide Verdict Should Be Tossed
- Without More Aid, Many Small Businesses Won’t Make It
- CoreLogic Bidders Seek Shareholders’ Support to Replace Nine Directors
- Hanover Insurance Sees Profit Jump, Limited COVID Impact in Q2
- COVID-19 Costs Push Chubb to $331M Loss in Q2
- Insurance Broker Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business
- Brown & Brown CEO Sees ‘Sporadic’ Economic Recovery Ahead After Own COVID Recovery
- Celebrating Insurers Warned Michigan COVID Ruling Not Knockout Punch They Wanted
- McConnell’s Liability Shield Among Hurdles for Coronavirus Relief Bill
- Citing Safety, Union Sues to Block Trump Waivers That Speed Up Poultry Lines
- Another Specialty Broker Begins Selling Pandemic Insurance Coverage
- GOP Senator Wants to Tie Internet Firms’ Liability Immunity to Curb on Behavioral Ads
- Average Age of Cars Americans Are Driving Nears 12 Years: IHS Markit
- Insurtech Fundraising Rises in Q2 with $1.6 Billion Invested
- Judge Nixes 7% Plaintiffs Attorneys’ Fee on Opioid Settlements
- Trump Administration Wants FCC to Write Rules on Liability for Social Media Content
- U.S. Volkswagen Owners Cheated in Diesel Scam Receive $9.8 Billion in Settlements
- Workers Compensation Rates Could Start Rising in 2021, Says W.R. Berkley CEO
- IAT Insurance Adds Open Lot Coverage for Franchised Auto Dealerships
- Sapiens Acquires Delphi Technology
- Concern Over Small Businesses Grows as Coronavirus Resurges, Federal Aid Expires
- AXA XL Presents New Leadership Team for Americas
- Meat Packing Plant Owners Defend Operations During Pandemic
- Workers’ Compensation Rates Won’t Be Adjusted for Coronavirus Experience This Year
- Trump Signs Executive Orders to Lower Prescription Drug Prices
- Indivior to Pay $600M to Settle Claims of Deceptive Marketing of Opioid Treatment
- Tesla Invites Actuaries to Help It Create a ‘Revolutionary’ Insurance Company
- Chemical Firm BASF and Its Law Firm to Pay $72.5M to Close Talcum-Asbestos Claims
- Global Natural Catastrophe Losses During H1 Ranged from $68B to $75B: Munich Re, Aon
- Geico Sued for Alleged ‘Woefully Inadequate’ Coronavirus Auto Insurance Discount
- Everest Insurance Promotes Karmilowicz to President, CEO; Mulray to COO
- Insurers Exploring ‘New World’ of Police Officer Professional Liability
- State Insurance Commissioners Vow to Probe Role of Race in Insurance
- Specialty Broker Offers Business Insurance Coverage for Pandemic, Epidemic Risks
- Asbestos Trial to Start With Social Distancing in Conference Center, Not Courthouse
- Home, Auto MGA Branch Plans Conversion to Reciprocal Exchange After Raising $24M
- Travelers Reports Q2 Loss on Catastrophes, Investments; Only Modest COVID Impact
- Four Ex-Employees Seek Class Action Status for Gender Pay Claims Against Google
- Half of Insurance Agencies Lack a Digital Strategy, Applied Systems Survey Finds
- Traffic Down 25%, Motor Vehicle Fatalities Down 8% in May During Lockdowns
- U.S. Cyber Insurers Face Changing Landscape; Top 20 Cyber Insurers
- Coronavirus, Civil Riot, Investment Losses Take Bite Out of W.R. Berkley Q2 Profit
- Cyber Insurance Agency Coalition Now Offers Excess Coverage for Middle Market
- Liberty Mutual Loses Bid to Charge Employer for Claims Paid from Exempt Workers
- Boeing 737 Likely to Remain Grounded by FAA Until October: Reuters
- Chubb Promotes 2 in Leadership Changes at Westchester and Financial Lines Businesses
- Workers Turn Into Sleuths to Track Sicknesses Where Employers Keep Covid Data Secret
- Vegans’ Suit Over Impossible Burger Lacks Class Action Ingredients, Judge Rules
- Former Assistant U.S. Attorney Martin Joins Insurance Crime Bureau Team
- Lawsuit Against Fox News Alleges Rape, Culture of Sexual Misconduct
- Home Insurance Insurtech Hippo Raises $150M as It Readies for IPO in 2021
- After Olympic High, Bankruptcy Low, Rulon Gardner Now Wrestles With Insurance Risks
- SAGE Program Underwriters Launches Program for Ground Delivery Contractors
- Robots Gain as Pandemic Lockdowns, Safety Issues Cause Factories to Automate
- Bishops Should Report Sex Abuse to Police Even If Law Doesn’t Require, Says Vatican
- Whole Foods Sued Over Disciplining Workers Wearing Black Lives Matter Face Masks
- Twitter Offers Some Details on How Hackers Accessed Data
- Private Equity Firm Thoma Bravo to Acquire Insurance Software Firm Majesco for $594M
- CoreLogic Says It Will Only Open Its Books If Bidders Increase Takeover Offer
- Risk of Airborne Coronavirus Adds to Challenge of Making Workspaces Safe
- U.S. Extends Ban on Cruise Ships Through September as Coronavirus Cases Rise
- Personal Lines Insurance Poised to Turn Profit in 2020 As Auto Claims Fall: Fitch
- Investors Sue Deutsche Bank, Executives Over Compliance Fine Linked to Epstein
- Big InsurTech Connect Conference Moves From Vegas to Virtual
- Insurers Shift Real Estate Investments from Offices to Warehouses
- Amynta Group Acquires Surety Operations of Aspen Insurance
- A Look at the 32% of Businesses Located in Hurricane-Vulnerable Counties
- GOP’s Proposal Limits Virus Liability Claims Against Businesses, Schools, Caregivers
- Risk Placement Services Enhances Crisis Management Service for Businesses
- Zurich NA Sustainability Head: Pandemic is a Roadmap for Climate Change Battle
- Americans Ignore Work-From-Home Cyber Attack Risks: Chubb Survey
- Coordinated Twitter Hacking Raises Concerns About Platform’s Security
- Reinsurance Capital Dips 6%, Tightening of Capacity Accelerates: Aon
- Warning of ‘Trivial’ Suits, Judge Dismisses Cruise Passengers’ COVID-19 Claims
- The Class of 2020: Capital Raising for Existing Firms or Insurance Startups?
- High-Tide ‘Nuisance’ Flooding to Continue to Grow and Plague U.S. Communities: NOAA
- P/C Insurance Agency M&A Deals Down 12% in First Half of 2020: Optis
- Chubb Appoints The Council’s Fielding as Government Affairs General Counsel
- CoreLogic Meets with Investors Cannae, Senator About Their Acquisition Bid
- Profit-Driven Automakers Race to Next Level of Not Quite Self-Driving Cars
- East Coast’s Insured Loss From Tropical Storm Fay to Tally Near $400 Million: KCC
- Safety Probe Cites Mistakes by First Officer, Pilot in 2019 Amazon Cargo Plane Crash
- Federal Judge Rejects Weinstein’s $18.9 Million Sex-Abuse Settlement
- How Coronavirus Pandemic Has Disrupted Both Millennials and Boomers
- Next Showdown in Congress: Protecting Workers vs. Protecting Employers in Pandemic
- Amazon to Pilot Primary Care Health Centers for Employees Near Its Fulfillment Facilities
- Axis Adds Swiss Re, NAS and Hiscox Veterans to U.S. Cyber Insurance Team
- Second Wave of Coronavirus Lockdowns Could Weaken Insurers’ Capital Buffers: S&P
- W.R. Berkley Estimates $85 Million in Q2 COVID Catastrophe Losses
- Travelers Expects Q2 Loss From Storms, Civil Unrest, Investments; Modest COVID Impact
- Fed Warns Climate, COVID Worsen Western States’ Economic Risk From Wildfires
- U.S. Pressures Insurers, Certifiers, Shippers in Enforcing Tougher Sanctions on Venezuela
- National Collector Car Show Goes Virtual
- Allianz Restructures AGCS North America Team as Part of New Profit Plan
- Some Churches, Officials Struggle to Balance Right to Worship with Coronavirus Risk
- P/C Insurance Survey: 55% Back Worker Presumption; 54% See Interrupt Cases Failing
- Players’ Lawsuits Blames NFL ‘Switcheroo’ for Disability Benefits Cut
- Traffic Cameras Could Help Reduce Racism in Traffic Enforcement: Opinion
- Essential Workers With COVID-19 Face Workers’ Compensation Uncertainty
- German Officials Seize Server With U.S. Police Files Stolen in Data Breach
- University Researchers Claim Air Filter ‘Catches and Kills’ the Coronavirus
- State Auto Extends CEO LaRocco’s Contract
- It Took Coronavirus Pandemic to Settle Bayer’s Roundup Suits: Viewpoint
- Lloyd’s to Exit U.S. Admitted Market, Focus on U.S. Surplus Lines, Reinsurance
- Munich Re Specialty Releases MPL Policy for Non-Specialist Businesses
- Supreme Court to Hear Federal Trade Commission’s Appeal Over Ill-Gotten Gains
- Coronavirus Crisis Heightens Insurers’ Caution About Senior Care Market
- Profile: MGA Nexus Group Sets Sights on U.S. Growth, Even During COVID-19 Crisis
- Chubb Unveils Public-Private Program for Pandemic Business Interruption
- There’s Still Work to Do Addressing Ethics in Autonomous Vehicles
- Supreme Court Supports Employers’ Religious Rights in Contraception, Teacher Employment
- Litigation Funding Firm’s Profit Outlook Brightens on Coronavirus Disputes
- Coronavirus Business Interruption Claimants Lay Out Federal Plan to Reimburse Insurers
- CFC Launches Transaction Liability Product for Portfolio Acquisitions
- Bayer Agrees to Delay Future Claims Portion of Proposed Roundup Settlement
- Allstate to Buy National General for $4 Billion, Growing Auto, Independent Agent Business
- Insurance Costs Rising for Cannabis Firms as Unhappy Investors File Slew of Lawsuits
- New Ventures Seize Opportunities as Insurers Cope with Coronavirus Losses
- Losses From Civil Protests May Cause Insurers to Rethink Property Coverage
- After CoreLogic Rejects Their Takeover Bid, Investment Firms Vow to Press Ahead
- Weinstein Reaches Tentative $19M Deal With Accusers
- Talisman Casualty to Offer Surety Program for Captives
- Chubb Estimates $1.4 Billion in Q2 Global Losses Tied to Coronavirus
- Insurance Fraud Investigators Ramp Up During Reopening, Even as Claims Volumes Drop
- Judge ‘Inclined to Deny’ Part of Bayer Roundup Settlement on Future Claims
- State Judge Rejects Michigan Restaurants’ COVID-19 Business Interruption Claim
- 101 Ways Coronavirus Crisis Has Changed P/C Insurance Pros’ View of Their Job. Or Not.
- COVID-19 Treatment Remdesivir to Cost Private Insurers $3,120
- Court Refuses to Open ‘Loophole’ for Cruise Line Lawsuits
- Return-to-Work Safety: Employers Find Testing Employees More Trouble Than It’s Worth
- Hiscox Launches ‘Variable Consortium’ for Hard-to-Place U.S. General Liability Risks
- American Companies Facing Pressure to Reveal Data on Diversity of Employees
- Climate Change Litigants Argue Human Rights, Consumer Harm in Suing Oil Firms
- Congressional Action Plan on Climate Change Applauded by Zurich, IBHS
- U.S. Supreme Court to Consider Child Slavery Appeals by Nestle, Cargill
- How to Prepare for the Next ‘Black-Swan’ Event? Lloyd’s Has Some Suggestions.
- TuSimple Launches Self-Driving Truck Network with Berkshire’s McLane, UPS
- Update: Online Insurer Lemonade Raises $319M During U.S. Stock Market Debut
- FAA, Boeing Complete Certification Test Flights on 737 MAX, in Key Milestone
- Brightway to Offer Agency Franchise Option With $5K Fee, Free Second Unit
- Novartis Pharmaceuticals Agrees to Pay $678M to Settle Doctor-Bribe Claims
- No Coverage Owed for Shooting Due to Criminal Act Exclusion
- The Hartford Names Stepnowski Chief Investment Officer as Johnson Retires
- Insurance Startup Lemonade Increases Target Price Range for IPO
- Boeing Withheld Facts on Flight-Control System Blamed for 2 Fatal Crashes: Probe
- Tesla Pays CEO Musk Nearly $1M for Controversial D&O Insurance Arrangement
- Exclusive Coronavirus Survey: P/C Insurance Return to ‘Normal’ Office May Take Time
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