Exclusive: How P/C Insurance Pros Are Faring Working From Home During Pandemic June 25, 2020 By Andrew G. Simpson According to Dorothy in the Wizard of Oz, there’s no place like home. For many in the property/casualty insurance industry,...
Bayer to Settle 100,000 Roundup Weedkiller Cancer Claims for $10.9 Billion June 24, 2020 By Ludwig Burger and Tina Bellon FRANKFURT/NEW YORK- Bayer AG, after more than a year of talks, agreed to pay as much as $10.9 billion to...
National Safety Agency Opens Probe Into Touchscreens on Tesla Model S Cars June 24, 2020 By David Shepardson The National Highway Traffic Safety Administration (NHTSA) said Tuesday it had opened an investigation into 63,000 Tesla Model S cars...
Upmarket Homeowners Insurance Platform Openly Raises $15 Million June 24, 2020 Boston-based Openly, a platform that sells upmarket homeowners insurance through independent agents, said it has closed a $15 million Series...
U.S. Economic Losses from Severe Weather During May Topped $4 Billion: Aon June 24, 2020 Severe weather outbreaks across the United States, with a lot of hailstorm damage, resulted in another costly month for insurers...
Synagogue Shooting Victims Sue Smith & Wesson for Negligence June 24, 2020 Firearms manufacturer Smith & Wesson Brands Inc. negligently marketed the AR-15 style semiautomatic rifle that was used in a 2019...
Judge Sides with Trump Over Hospitals on Price Disclosure Rule June 24, 2020 By Jonathan Stempel A federal judge on Tuesday dismissed a challenge by hospital groups to a federal rule requiring them to disclose prices...
Minor League Baseball Teams Sue Insurers for Coronavirus Business Income Losses June 24, 2020 By Suzanne Barlyn Fifteen U.S. minor league baseball teams on Tuesday sued several insurers for not paying out claims for business interruption losses...
Rival Wholesale Brokers Ryan Specialty Group and All Risks Agree to Merge June 24, 2020 Two of the largest property/casualty insurance wholesalers are looking to merge. The deal will unite Chicago-based Ryan Specialty Group and...
Berkley One Launches Recreational Marine Product, Enhances Other Offerings June 24, 2020 Berkley One has launched a recreational marine product and made other product enhancements in five states. Recreational Marine insurance, already...