Bayer’s $11 Billion Roundup Settlement Hits Some ‘Bumps’ August 28, 2020 By Mrinalika Roy and Tom Hals German drug company Bayer AG said on Thursday there were “bumps” in sealing its $11 billion settlement of thousands of...
How to Build an Insurance or Any Business with Community at the Center August 28, 2020 By Lori Widmer It’s a common corporate practice to use philanthropic pursuits to improve both their communities and public images. Some organizations donate...
Analytics Helping Insurers Identify Workers’ Compensation ‘Mega’ Claims More Quickly August 28, 2020 By Jim Sams The share of “mega” workers’ compensation claims — those expected to cost $3 million or more — climbed steadily since...
CFC to Expand Coverage to FinTechs with Package Policy August 28, 2020 CFC, a specialist insurance provider of emerging risks, has expanded its suite of products for financial institutions with the launch...
Actuaries Index: Extreme Climate Conditions Hit New High in Winter 2019-20 August 27, 2020 By Don Jergler A multiyear trend of increasing climate condition measurements from the U.S. and Canada hit a new high in winter 2019-2020,...
Teens and Seniors More Likely to Drive Less Safe Cars August 27, 2020 By Andrew G. Simpson Teen drivers and drivers 65 years and older – two age groups at a higher risk of being involved in...
Is Your Agency a Best Agency to Work For? Nominate Now August 27, 2020 Do you love your agency? Is your agency a Best Place to Work? Then don’t wait – nominate your agency...
Analysts Warn of Effects of Hurricane Laura Losses on P/C Insurers August 27, 2020 By Andrew G. Simpson Ratings analysts A.M. Best and Moody’s are expecting property/casualty insurers and reinsurers to suffer meaningful losses from Hurricane Laura. A.M....
Employers Face Increase In COVID-19 Wrongful Death Lawsuits August 27, 2020 By Chantell Foley, Fisher Phillips As COVID-19 cases and deaths continue to rise, so too does the number of lawsuits filed against employers. Recently, an...
P/C Insurance First-Half Underwriting, Net Income Drops Tied to COVID August 27, 2020 By Andrew G. Simpson U.S. property/casualty insurance underwriting income dropped 5.5 percent in the first half of 2020 versus the same period last year....