Munich Re to Stop Selling Pandemic Business Coverage September 11, 2020 By Stephan Kahl Munich Re has stopped selling coverage to protect against business losses in future pandemics after the German reinsurer took a...
Inside Big Pharma’s Stealth War on Drug Price Watchdog: Reuters Special Report September 11, 2020 By Caroline Humer As evidence grew this spring that the drug remdesivir was helping COVID-19 patients, some Wall Street investors bet on analysts’...
OSHA Cites Smithfield Foods For Lax Coronavirus Safety for Meat Plant Workers September 11, 2020 By Tom Polansek and P.J. Huffstutter The U.S. Labor Department said on Thursday it cited Smithfield Foods for failing to protect employees from the coronavirus, making...
Report Urges Urgent Action from Financial Regulators to Address Climate Change September 10, 2020 By Don Jergler Yet another report in a long line of reports is out urging urgent action from financial regulators, including insurance regulators,...
Ascot Starts E&S Casualty Unit for U.S.; Welcomes AXA’s Roy as Senior VP September 10, 2020 Specialty insurer Ascot has started an Excess & Surplus Casualty division for the U.S. and appointed Matthew Roy as senior...
Hospitals, Nursing Homes Fail to Separate COVID Patients, Putting Others at Risk September 10, 2020 By Christina Jewett, Kaiser Health News Nurses at Alta Bates Summit Medical Center were on edge as early as March when patients with COVID-19 began to...
Insurance Agencies Get No Break When It Comes to Cyber Liability September 10, 2020 By Tom Wetzel As this trying year drags on, insurance agents might be tempted to take a quick breather. From a cyber liability...
Department Store Blames Insurers As It Files Bankruptcy and Shuts Down September 10, 2020 By Jeremy Hill Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming...
Marsh’s Klisura Is Moving to Guy Carpenter to Be President September 10, 2020 Brokers Guy Carpenter and Marsh, two business units of Marsh & McLennan, announced the appointment of Dean Klisura as president...
Schools Find Lessons About Insurance Liability and COVID-19 Are Complicated September 10, 2020 School officials and insurers across the country are facing questions about COVID-19-related insurance liability as they begin classes, but answers...