Daimler to Pay $2.2 Billion for Clean Air Violations Over Diesel Emissions September 15, 2020 By David Shepardson Daimler AG will pay $2.2 billion to resolve a U.S. government diesel emissions cheating investigation and claims from 250,000 U.S....
Reinsurance Sector ‘Stable’ Despite Major Headwinds: AM Best September 14, 2020 By Adrian Leonard The tailwinds propelling the global reinsurance sector are sufficient impetus for the ratings agency AM Best to retain its stable...
Why the Coronavirus Recession Is Not Like the Last Recession September 14, 2020 By Howard Schneider and Jonnelle Marte Judith Ramirez received a letter this month that she’d been dreading: The Honolulu hotel that furloughed her from a housekeeping...
Lloyd’s Names AIG/Blackboard’s Schoberth to New U.S. Market Development Position September 14, 2020 Lloyd’s of London has appointed Uwe Schoberth as U.S. market development director, a new role focused on expanding its strategic...
Reinsurers Enter January Renewals, Focusing on Underwriting Discipline: Carpenter, Aon September 14, 2020 By L.S. Howard Economic uncertainty and volatility, in combination with COVID-19-related losses, is leading to a heightened level of cautiousness among property reinsurers...
Senators Back Tighter Aircraft Oversight, Quicker Plane Crash Data Disclosure September 14, 2020 By David Shepardson The U.S. Senate Commerce Committee will vote on Wednesday to require the Federal Aviation Administration (FAA) to quickly disclose risk...
Triple Threat: Carrier-Insurtech-Agency Partnerships Can Transform Commercial Lines September 14, 2020 By Philip Charles-Pierre COVID-19 has changed many things in the insurance industry. Seemingly overnight everyone is working from home and the companies with...
Signs of Heart Damage After Covid Lead to Recommendation to Screen College Athletes September 11, 2020 By Jason Gale and Angelica LaVito Doctors recommend cardiac screening tests for competitive athletes who have recovered from Covid-19 after a small study found heart damage...
Does An Employer Have to Say If Coworker Has Coronavirus? September 11, 2020 Does an employer have to say if a coworker has the virus? Employers are generally not required to tell workers...
Meteorologists Tracking Potential Storm Threats Across Atlantic September 11, 2020 By Brian K. Sullivan While a tropical storm approaches Bermuda, the threat of more powerful systems is expanding across the Atlantic, from the Gulf...