McConnell’s Coronavirus Liability Shield Could Be Bargaining Chip in Relief Negotiations August 11, 2020 By Billy House Senate Majority Leader Mitch McConnell’s insistence that legal liability protections for businesses, schools and colleges be included in any new...
Trident Marine Managers, Nationwide E&S Form Underwriting Agreement August 11, 2020 Trident Marine Managers, Inc. (Trident) has reached a delegated authority underwriting agreement with Nationwide E&S to provide recreational marine and...
McDonald’s Seeks to Recoup Severance Paid Ousted CEO Over Sexual Affairs August 11, 2020 By Jonathan Stempel McDonald’s Corp. said on Monday it sued former Chief Executive Steve Easterbrook to recoup tens of millions of dollars in...
U.S. Drug Regulator Vows Outside Review of Any COVID-19 Vaccines August 11, 2020 The United States will need to have independent experts review COVID-19 vaccine candidates before approval, the country’s top drug regulator...
Average Commercial Insurance Prices Rose 19% in Q2: Marsh Index August 10, 2020 Global average commercial insurance prices increased 19% in the second quarter of 2020, the eleventh straight quarter they have risen....
Chubb Names Lupica President, North America; Krump Vice Chair, Global Underwriting, Claims August 10, 2020 Global insurer Chubb announced appointments to two new executive positions. Chubb has named John Lupica as president of North America...
Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms August 10, 2020 Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses...
Allstate Reports Strong Q2 with Profit Up 49% Despite Pandemic August 10, 2020 By Andrew G. Simpson What pandemic? Allstate’s doing just fine. The giant personal lines insurer reported net income of $1.2 billion for the second...
Progressive Q2 Profit Up on Fewer Accidents; CEO Says ‘Black Lives Matter,’ Vows Action August 10, 2020 By Andrew G. Simpson “Black Lives Matter to me and they matter to us as an organization,” Progressive Corp. CEO Tricia Griffith wrote in...
Roper Technologies in Talks to Buy Vertafore for $5.5 Billion, Reuters Reports August 9, 2020 Roper Technologies Inc. is in talks to acquire Vertafore for close to $5.5 billion, Reuters reported, citing people familiar with...