Casino Gambles on Coronavirus Business Interruption Lawsuit Against Lloyd’s, AIG, XL March 24, 2020 A Native American tribe on Tuesday sued a group of insurance companies, asking a court to declare that losses it...
Insurance Makes ‘Essential Business’ List for States Restricting Commerce Due to Virus March 24, 2020 By Andrew G. Simpson Insurance industry professionals might take some pride in knowing that they are considered essential. In states where only essential businesses...
Ransomware Attacks, Funds Demanded Soared in 2019: Beazley March 24, 2020 By Andrew G. Simpson The number of ransomware attack notifications against insurance clients increased by 131 percent in 2019 and the funds demanded by...
Beazley’s Bernacki Named President of AmWINS Special Risk Underwriters March 24, 2020 Global specialty insurance wholesaler AmWINS Group announced that Mark R. Bernacki will join the firm as president of AmWINS Special...
Commentary: Does Business Income Insurance Cover Coronavirus Shutdowns? March 24, 2020 By Bill Wilson On March 16, a lawsuit was filed in district court in New Orleans seeking a declaratory judgment about whether the...
Liability Insurers Report Rise in Claims Against Architects and Engineers March 24, 2020 By Jim Sams Increased billings by architecture and engineering firms generated bigger professional liability premiums in 2019 but also led to the first...
Consumer Groups Want Auto Premiums to Reflect Coronavirus Curb on Driving March 24, 2020 By Jim Sams The shutdown of workplaces and gathering spots around the country to slow the spread of coronavirus may lead to a...
Supreme Court Returns Racial Bias Lawsuit Against Comcast TV to Lower Court March 23, 2020 By Andrew Chung The U.S. Supreme Court on Monday threw out a lower court’s ruling that had given the green light to comedian-turned-media...
Supply Chain Problems Move from China to U.S. and Other Nations March 23, 2020 By Lisa Baertlein, Jonathan Saul and Sonya Dowsett Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to...
Treasury Secretary Mnuchin Says Coronavirus Lockdown to Last Until June March 23, 2020 By Andrea Shalal and Susan Heavey The lockdown affecting large segments of the American public to try to curb the spread of the coronavirus is likely...