Republicans Rally Around Call for Legal Immunity for Businesses When They Reopen May 4, 2020 By Richard Cowan, Susan Cornwell and David Morgan The top Republicans in the U.S. Congress displayed a united front on Friday in their drive for coronavirus-related liability protections...
Self-Driving Vehicles, Robots Showing What They Can Do in Contactless Deliveries May 4, 2020 By Jane Lanhee Lee and Nathan Frandino Self-driving cars, trucks, sidewalk robots and shuttles are rolling out of the labs and parking garages and onto American streets...
The Hartford Reports Q1 Net Income Drop; Minor Coronavirus Impact Thus Far May 4, 2020 By Mark Hollmer The Hartford’s 2020 first-quarter numbers are yet another example of the coronavirus pandemic not yet affecting underwriting results in a...
S&P Expects States to Lose Bids to Mandate Coronavirus Business Interruption Coverage May 4, 2020 By Mark Hollmer Standard & Poor’s said it does not expect state legislators to succeed in their efforts to retroactively expand business interruption...
Updated: Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis May 1, 2020 The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus...
Virtual ‘Woodstock for Capitalists’ May Show How Buffett’s Handling Coronavirus May 1, 2020 By Jonathan Stempel Berkshire Hathaway Inc.’s annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a...
Willis Towers Watson Extends Specialized Broking Program to Financial Institutions May 1, 2020 Willis Towers Watson has formed Financial Institutions Differentiated Broking Solutions (FI DBS), an expansion of the DBS program for general...
Non-Life Insurance Claims from Pandemic to Surpass 9/11 Claims: Willis Towers Watson May 1, 2020 Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes...
CEO Musk Replaces Tesla’s D&O Policy with ‘Personal Coverage’ May 1, 2020 By Andrew G. Simpson Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company’s...
States Under Pressure to Lift Coronavirus Restrictions as Unemployment Grows May 1, 2020 By Doina Chiacu and Maria Caspani As White House economic reopening guidance expired on Thursday after two weeks in place, half of all U.S. states forged...