November 3, 2020
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 …
November 3, 2020
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 …
November 3, 2020
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. …
November 3, 2020
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 …
November 3, 2020
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 …
November 3, 2020
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 …
November 2, 2020
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 …
November 2, 2020
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 …
November 2, 2020
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 …
November 2, 2020
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 …