Profile: MGA Nexus Group Sets Sights on U.S. Growth, Even During COVID-19 Crisis July 9, 2020 By L.S. Howard Nexus Group, the UK-based managing general agent, is looking to the U.S. for growth opportunities, despite the raging COVID-19 crisis....
Chubb Unveils Public-Private Program for Pandemic Business Interruption July 9, 2020 By Susanne Sclafane Chubb unveiled a proposal for the insurance industry and federal government to partner on covering future pandemic-related business interruptions—and to...
There’s Still Work to Do Addressing Ethics in Autonomous Vehicles July 9, 2020 There’s a fairly large flaw in the way that programmers are currently addressing ethical concerns related to artificial intelligence (AI)...
Supreme Court Supports Employers’ Religious Rights in Contraception, Teacher Employment July 9, 2020 By Greg Stohr The U.S. Supreme Court struck two blows for religious rights, including a decision that upholds Trump administration rules giving employers...
Litigation Funding Firm’s Profit Outlook Brightens on Coronavirus Disputes July 9, 2020 By Jackie Edwards Analysts have rapidly lifted their earnings forecasts for a global litigation financier on expectations that the pandemic could spark more...
Coronavirus Business Interruption Claimants Lay Out Federal Plan to Reimburse Insurers July 9, 2020 By Susanne Sclafane A U.S. lawmaker has introduced a bill that would allow insurers to voluntarily pay certain COVID-related business interruption claims and...
CFC Launches Transaction Liability Product for Portfolio Acquisitions July 8, 2020 CFC has enhanced its transaction liability suite of products with launch of a new product designed for private equity firms...
Bayer Agrees to Delay Future Claims Portion of Proposed Roundup Settlement July 8, 2020 Bayer said it had agreed to delay a proposed settlement to deal with future claims relating to allegations that its...
Allstate to Buy National General for $4 Billion, Growing Auto, Independent Agent Business July 8, 2020 U.S. Insurer Allstate Corp. said on Tuesday it will buy National General Holdings Corp. for about $4 billion in cash,...
Insurance Costs Rising for Cannabis Firms as Unhappy Investors File Slew of Lawsuits July 8, 2020 By Shariq Khan and Nichola Saminather Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from...