Traffic Down 25%, Motor Vehicle Fatalities Down 8% in May During Lockdowns July 23, 2020 By Andrew G. Simpson Preliminary estimates indicate that deaths from motor vehicle accidents fell in May but the death rate per miles driven jumped...
U.S. Cyber Insurers Face Changing Landscape; Top 20 Cyber Insurers July 22, 2020 Cyber insurers have been enjoying a profitable run for several years but are now facing a changed risk landscape with...
Coronavirus, Civil Riot, Investment Losses Take Bite Out of W.R. Berkley Q2 Profit July 22, 2020 Larger investment losses and COVID-19 took a substantial bite out of W.R. Berkley’s 2019 second-quarter net income, but the specialty...
Cyber Insurance Agency Coalition Now Offers Excess Coverage for Middle Market July 22, 2020 With new surplus lines capacity backed by Lloyd’s, cyber insurance and security company Coalition is moving beyond offering primary insurance...
Liberty Mutual Loses Bid to Charge Employer for Claims Paid from Exempt Workers July 22, 2020 By Jim Sams A workers’ compensation insurer cannot charge an employer an extra $1.7 million in premiums for the risk presented by employees...
Boeing 737 Likely to Remain Grounded by FAA Until October: Reuters July 22, 2020 By David Shepardson The Federal Aviation Administration (FAA) said on Tuesday it plans to issue a proposed airworthiness directive for the Boeing 737...
Chubb Promotes 2 in Leadership Changes at Westchester and Financial Lines Businesses July 22, 2020 Global insurer Chubb announced that Scott Meyer will succeed retiring Bruce Kessler as senior vice president, Chubb Group and division...
Workers Turn Into Sleuths to Track Sicknesses Where Employers Keep Covid Data Secret July 22, 2020 By Joseph Pisani and Alexandra Olson Jana Jumpp spends eight hours a day updating a spreadsheet — not for work, but a recent hobby: figuring out...
Vegans’ Suit Over Impossible Burger Lacks Class Action Ingredients, Judge Rules July 22, 2020 A federal judge has dismissed a lawsuit accusing Burger King of deceiving vegan, vegetarian and other customers into thinking it...
Former Assistant U.S. Attorney Martin Joins Insurance Crime Bureau Team July 21, 2020 The National Insurance Crime Bureau (NICB) reports that Pat Martin has joined the association’s new general counsel. Martin is the...