Travelers, W.R. Berkley CEOs Sound Alarm Over Coronavirus Lawsuits, Workers’ Comp April 23, 2020 By Susanne Sclafane During an earnings conference call Tuesday, the leader of Travelers insurance alerted listeners to the possibility that frivolous lawsuits by...
How COVID-19 Impacts the Surplus Lines Insurance Industry April 22, 2020 By Zachary Lerner COVID-19 has majorly disrupted the global economy, and while many business sectors are subjected to temporary shutdowns or bare minimum...
Chipotle to Pay $25 Million, Implement Safety Plan to End Foodborne Illness Charges April 22, 2020 Chipotle Mexican Grill Inc. will pay $25 million to resolve criminal charges related to the company’s foodborne illness outbreaks that...
Chubb Reports Q1 Net Income Drop; Sees ‘Meaningful’ Coronavirus Impact Ahead April 22, 2020 By Mark Hollmer Chubb said that the coronavirus pandemic’s effects on its bottom line were relatively benign in the 2020 first quarter. But...
First Pitch: Fans Sue Major League Baseball Teams, Ticket Vendors for Refunds April 22, 2020 A pair of fans in New York sued Major League Baseball, Commissioner Rob Manfred and the 30 teams, asking for...
Putting Autonomous Driving Back on the Road: Roundtable April 22, 2020 By Ira Boudway The self-driving car was a dream deferred even before the Covid-19 outbreak brought the U.S. economy to a standstill. By...
What Companies Need to Disclose on Coronavirus Infections: Q&A April 21, 2020 By Bob Van Voris and Isis Almeida Almost all U.S. companies are likely to include in their quarterly filings broad statements on risks the ongoing coronavirus pandemic...
Latest Class Actions Over Business Interruption Target 6 Insurers April 21, 2020 A Minnesota dentist, an Ohio bridal shop and a New York pizzeria are among six small businesses that are the...
Travelers Sees Q1 Profit Fall From Storms; It’s Watching COVID-19 Workers’ Comp Claims April 21, 2020 By Suzanne Barlyn and Noor Zainab Hussain Property and casualty insurer Travelers Cos. Inc. reported a 25% drop in quarterly profit on Tuesday and warned that potential...
Nuclear Plants Allowed to Extend Workers’ Hours, Delay Inspections April 21, 2020 By Will Wade Nuclear power plants can now implement longer shifts for workers and delay some inspections, raising concerns that as the coronavirus...