National News

U.S. Cities Prepare for Possible Election Unrest

Temporary extra fencing has been erected around the White House, plywood affixed to storefronts in Manhattan and the National Guard put on notice in Portland, Oregon, as U.S. cities braced for possible unrest on election day. “We don’t see specific …

Pilot Unions, Families of Crash Victims Seek Revisions to Training for Boeing 737 Max

Pilot unions and families of those killed in a crash of Boeing Co.’s 737 Max are asking for revisions to proposed new training for the grounded jetliner. The Federal Aviation Administration’s proposed new training module and emergency checklists for the …

DiBattista to Lead Nationwide E&S Brokerage

Nationwide has named Jude DiBattista to head its E&S Brokerage wholesale primary and excess casualty unit. DiBattista will lead the E&S Brokerage wholesale casualty team from New York and will report to Tom Jurgens, senior vice president, E&S/Specialty Brokerage Underwriting. …

Federal Judge Dismisses Amazon N.Y. Warehouse Workers’ COVID-19 Lawsuit

A federal judge dismissed New York warehouse workers’ lawsuit against Amazon, ruling that their allegations about the company’s handling of the COVID-19 pandemic should have been brought to the Occupational Safety and Health Administration instead. The lawsuit filed in June …

Royal Caribbean Suspends Most Cruises Through Year End as COVID Cases Rise Globally

Cruise operator Royal Caribbean Group said on Monday it would stop all its cruises, excluding sailings from Singapore, through the end of the year, extending previous suspensions as coronavirus infections continue to increase globally. The company’s announcement comes days after …

CNA Turns Q3 Profit; P/C Combined Ratio Rises Above 100%

CNA Financial Corp. doubled its 2020 Q3 net income, thanks in part to higher investment returns and rate hikes in the P/C insurance division that increased more than 12 percent on average. Net catastrophe losses soared, however, due to three …

Holzworth to Head Applied Systems’ IVANS

Applied Systems has named Reid Holzworth as chief executive officer of IVANS, the insurance industry’s exchange connecting insurers, MGAs, agencies, and the insured. Holzworth will lead the expansion of the IVANS strategy and all business functions to accelerate the digitization …

AIG’s Plan to Divest Life & Retirement Business Could Prompt Ratings Downgrades

American International Group’s plan to downsize by divesting its Life & Retirement (L&R) business is drawing cautious and wary reactions from rating agencies that follow the property/casualty insurance giant. They said that they’re worried about what the divestiture will do …

Update: Insurance Price Tag from Hurricane Zeta Estimated at $4.3B in U.S.

Insurers are bracing for a hit of about $4.3 billion from Hurricane Zeta in the United States, catastrophe modeling company Karen Clark & Co (KCC) said on Monday. At least six people were killed in the southeast of the United …

Russia-Based Hackers Plan New Wave of Attacks Against U.S. Hospitals: Security Firm

A Russia-based ransomware group responsible for a new wave of attacks against U.S. hospitals is laying the groundwork to cripple at least ten more, according to the cyber-security firm Prevailion Inc. Prevailion’s analysis comes a day after the FBI and …

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