Facing Workers Compensation Challenges During the Pandemic: NCCI June 9, 2020 By Bill Donnell The COVID-19 pandemic has upended lives, families, business routines, and the economy. Today, despite an uptick in May, 21 million...
Commercial Lines Prices Rose 6% in Q1- Except Workers’ Compensation June 9, 2020 U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year,...
Coronavirus Lockdowns Substantially Slowed the Pandemic, Research Says June 8, 2020 New research shows that the restrictive measures taken around the world to slow the spread of the coronavirus have delivered...
Huhn-Kenzik to Lead New Sompo Environmental Unit for U.S. June 8, 2020 Sompo International Holdings Ltd., a Bermuda-based specialty property,/casualty insurer, has launched a U.S. Insurance Environmental unit that augments its existing...
Willis Towers Watson Faces Shareholder Lawsuits in U.S. Over Sale to Aon June 8, 2020 By Andrew G. Simpson There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival...
Businesses Opening Despite Shutdown Could Face Questions Over Coverage June 8, 2020 By Elizabeth Blosfield Insurers are already seeing some pushback regarding virus-related claim denials from businesses that suffered losses while closed due to the...
Autonomous Car Makers Dispute Insurance Study’s Low Estimate of Crashes June 8, 2020 By Tina Bellon Companies working on self-driving vehicles have criticized an insurance industry study suggesting that only a third of all U.S. road...
Amazon’s Heavily Automated, Frugal HR Leaves Sick Workers in Limbo June 8, 2020 By Matt Day Tony Banks told Amazon.com Inc. right away when he tested positive for Covid-19. More than a month later, he’s on...
The Hartford, AARP Extend Member Insurance Program to 2033 June 8, 2020 The Hartford has extended its long-standing auto and home insurance program for AARP members until Jan. 1, 2033. The Hartford’s...
Trade Credit Insurers Seek $60B from U.S. Towards Pandemic Payouts June 8, 2020 By Suzanne Barlyn U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to...