COVID-19 Signals Billions in Long-Term Healthcare Costs Ahead August 3, 2020 By Emilio Parodi, Nick Brown and Caroline Humer Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when...
VW Asks Court to Reconsider ‘Staggering’ Damages for Counties Over Diesel Emissions August 3, 2020 By David Shepardson Volkswagen AG’s wholly owned U.S. subsidiary on Thursday asked the Ninth Circuit U.S. Court of Appeals to reconsider a ruling...
Gutted Chemical Safety Board Tries to Proceed with Single Board Member August 3, 2020 By Erwin Seba The U.S. Chemical Safety Board, which has only one board member instead of the usual five, on Friday postponed a...
COVID Business Interruption Suits Top 700. Yep, That’s A Lot August 3, 2020 By Susanne Sclafane When insurance coverage lawsuits brought by businesses seeking coverage for COVID-related interruptions surpassed the 700 mark last week, the natural...
The Hartford Achieves Q2 Profit; Next Up Is Cutting Jobs, Investing in IT to Trim Expenses July 31, 2020 By Mark Hollmer The Hartford emerged from the second quarter’s COVID-19 related challenges with an overall profit and a plan to reduce expenses...
Insurers’ $158 Billion CLO Bet Is Putting the Industry at Risk July 31, 2020 By Katherine Chiglinsky They’ve been billed as a solution to the rock-bottom interest rates weighing down the returns of America’s asset managers. Collateralized...
China-Backed Hackers ‘Targeted’ COVID-19 Vaccine Firm Moderna, Reuters Reports July 31, 2020 By Christopher Bing and Marisa Taylor Chinese government-linked hackers targeted biotech company Moderna Inc., a U.S.-based coronavirus vaccine research developer, this year in a bid to...
Chubb CEO Says U.S. Failure to Manage Covid-19 Hurts Economy, Global Image July 31, 2020 By Mark Hollmer Global insurer Chubb’s employees have begun to return to their offices in many countries around the world as governments have...
As Benefits Expire, Senate Adjourns Without Congressional Deal on Coronavirus Aid July 31, 2020 By David Morgan and Susan Cornwell Just one day before a federal jobless benefit was set to expire, the U.S. Congress was no closer on Thursday...
Climate Risk Analytics Firm Gets Capital Injections from Liberty and MS&AD July 30, 2020 By Don Jergler Jupiter, a Silicon Valley startup provider of predictive data and analytics for climate risk, announced it has raised additional capital...