Liberty Mutual Reports Q2 Loss on COVID-19 Event Cancellations, Storms, Downturn August 6, 2020 Liberty Mutual Holding Co. reported a net loss of $320 million for the second quarter versus net income of $397...
‘Defensive Dining’: Keeping Makeshift Outdoor Eateries Safe From Storms, Drivers August 5, 2020 By Elise Young Outdoor spaces hastily fancified for low-risk dining are keeping thousands of U.S. restaurants from closing permanently. But crashing the dinner...
Rideshare Insurer Buckle Raises $31 Million to Fuel Nationwide Expansion August 5, 2020 Buckle, a digital seller of rideshare insurance, disclosed it has raised $31 million in new venture financing and will use...
Pie Workers’ Comp ‘Appetite Checker’ Slices Agents’ Wait Time on Risk Eligibility August 5, 2020 Pie Insurance, a technology-driven workers’ compensation provider for small businesses, has a new portal that it says makes it easier...
AIG’s Coronavirus Hits Include Travel, Workers’ Comp, Property, Trade Credit Lines August 5, 2020 By Suzanne Barlyn Insurer American International Group Inc. racked up $730 million in COVID-19-related losses during the first half of the year, its...
Allianz Global Corporate & Specialty Sells U.S. Products Recall Business to Axon August 5, 2020 New Jersey-based specialty lines program administrator Axon Underwriting Services has acquired the renewal portfolio of Allianz Global Corporate & Specialty’s...
U.S. Eyes $13 Billion of Claims in Purdue Pharma Opioid Probes: Reuters August 5, 2020 By Mike Spector U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering...
How the Pandemic May Change ‘Work-Life Balance’ Forever August 5, 2020 By Breanna T Bradham When it comes to helping employees balance work hours with relaxation, Acuity Insurance Chief Executive Officer Ben Salzmann has a...
FCC Seeks Comments on Trump Plan to Weaken Internet Firms’ Liability Protection August 4, 2020 By Todd Shields The Federal Communications Commission will take comments for 45 days on President Donald Trump’s proposal to weaken liability protection for...
Fed Leaders Say Economy Needs More Federal Help and More People Wearing Masks August 4, 2020 By Ann Saphir and Lindsay Dunsmuir The U.S. economy, battered by a resurgence in the spread of COVID-19, needs increased government spending to tide over households...