Federal Judge Rejects Weinstein’s $18.9 Million Sex-Abuse Settlement July 15, 2020 By Chris Dolmetsch, Bloomberg A federal judge won’t give preliminary approval to a proposed $18.9 million settlement between Harvey Weinstein and nine women who...
How Coronavirus Pandemic Has Disrupted Both Millennials and Boomers July 15, 2020 By Dan Sewell Millennials, are taking a big hit — again. And boomers are not OK, either. Sometimes at odds, America’s two largest...
Next Showdown in Congress: Protecting Workers vs. Protecting Employers in Pandemic July 14, 2020 By Christina Jewett, Kaiser Health News and Melissa Bailey, Kaiser Health News Congressional leaders are squaring off over the next pandemic relief bill in a debate over whom Congress should step up...
Amazon to Pilot Primary Care Health Centers for Employees Near Its Fulfillment Facilities July 14, 2020 Giant online retailer Amazon.com announced it will pilot local employee health care centers near Amazon fulfillment facilities across the country....
Axis Adds Swiss Re, NAS and Hiscox Veterans to U.S. Cyber Insurance Team July 14, 2020 Specialty insurer AXIS Insurance announced the hiring of three experienced underwriters to its U.S. Cyber and Technology team. Peter Smith...
Second Wave of Coronavirus Lockdowns Could Weaken Insurers’ Capital Buffers: S&P July 14, 2020 Global insurers have proven resilient during the first wave of the COVID-19 pandemic, as their capital strength has helped stave...
W.R. Berkley Estimates $85 Million in Q2 COVID Catastrophe Losses July 14, 2020 W.R. Berkley Corp. cautioned that its 2020 second quarter pretax catastrophe losses will reach $145 million, with more than half...
Travelers Expects Q2 Loss From Storms, Civil Unrest, Investments; Modest COVID Impact July 14, 2020 In a preliminary look, The Travelers Companies said it expects to report a net loss for the second quarter, results...
Fed Warns Climate, COVID Worsen Western States’ Economic Risk From Wildfires July 14, 2020 Wildfires threaten the economy of the western United States to a greater extent than the rest of the country, and...
U.S. Pressures Insurers, Certifiers, Shippers in Enforcing Tougher Sanctions on Venezuela July 14, 2020 By Jonathan Saul and Matt Spetalnick Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil...