Federal Judge Advances Business Interruption Dispute Between Law Firm, Travelers August 17, 2020 By Andrew G. Simpson A federal judge in California disappointed a law firm suing Travelers Insurance over coronavirus lockdown related business interruption claims in...
University Insured Chinese Student Tuition Revenue Against Virus. Then COVID-19 Hit. August 17, 2020 By Suzanne Barlyn After becoming dean of the University of Illinois business school in 2015, Jeffrey Brown worried that politics or a virus...
U.S. Approves ‘Groundbreaking’ Yale COVID-19 Saliva Test for Emergency Use August 17, 2020 The U.S. Food and Drug Administration on Saturday granted emergency use authorization to Yale School of Public Health’s saliva test...
RMS Estimates Insured Losses from Hurricane Isaias at $3-$5 Billion August 17, 2020 Estimated total insured losses from Hurricane Isaias will be between $3.0 and $4.5 billion in the U.S. This includes estimated...
Duck Creek Shares Jump; Coronavirus Drives Insurance Technology Demand August 16, 2020 Shares of Duck Creek Technologies Inc. soared on their Nasdaq debut on Friday, after the software company serving the property...
Trump Seeks Dismissal of Legal Challenge to Executive Order by Social Media Firms August 14, 2020 By Nandita Bose The Trump administration has filed a motion asking a court to dismiss a lawsuit against the president’s executive order targeting...
Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes August 14, 2020 By Mark Hollmer An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a...
Drugmakers Shielded from COVID Vaccine Liability But Funds for Injury Claims in Doubt August 14, 2020 By Valerie Bauman and Susan Decker Americans who suffer adverse reactions to coronavirus vaccines that the U.S. is racing to develop will have a hard time...
Mercedes-Benz Maker Daimler to Pay Nearly $3 Billion to Settle U.S. Diesel Claims August 14, 2020 By David Shepardson and Emma Thomasson Daimler said on Thursday it has reached agreements costing nearly $3 billion to settle civil investigations by U.S. regulators and...
Justice Department Alleges Yale Illegally Discriminates Against Asians, Whites August 14, 2020 By Jan Wolfe and Eric Beech The U.S. Justice Department on Thursday accused Yale University of illegally discriminating against Asian American and white applicants in its...