April’s Killer Tornadoes Cost Insurers Billions in Claims: Aon Report May 8, 2020 Extensive severe weather events in the United States during April cost insurers billions of dollars, according to the latest edition...
NFL Kicks Off Plan to Reopen Team Facilities; MLS Soccer Allows Player Workouts May 8, 2020 By Barry Wilner The NFL has set protocols for reopening team facilities and has told the 32 teams to have them in place...
Billions Will Experience ‘Sahara’ Like Heat in Next 50 Years, Report States May 8, 2020 By Don Jergler Roughly a third of the global population could experience an average annual temperature of 84.2 degrees Fahrenheit (29C) in the...
Ben & Jerry’s Scoops a Win in ‘Happy Cows’ Lawsuit May 8, 2020 By Jonathan Stempel Ben & Jerry’s won the dismissal on Thursday of a lawsuit by an environmental advocate who claimed the company deceived...
How Caterpillar, Deere Kept Equipment Making Plants Open During Coronavirus Outbreak May 8, 2020 By Rajesh Kumar Singh While Detroit automakers’ unionized auto factories have been idled by the coronavirus pandemic, farm and construction equipment makers Deere and...
U.S. Tells Auto Makers They Don’t Have to Recall 56 Million Takata Air Bag Inflators May 7, 2020 By David Shepardson The National Highway Traffic Safety Administration (NHTSA) said Thursday it will not require automakers to recall 56 million additional Takata...
Progressive Q1 Results Reflect ‘Significant Impact’ from Coronavirus, Restrictions May 7, 2020 The Progressive Corp. said its results for the first quarter were “significantly impacted” by the spread of the coronavirus and...
How to Manage Two Disasters at Same Time May 7, 2020 By Leslie Kaufman On March 5, Tennessee governor Bill Lee announced the state’s first confirmed case of Covid-19. Three weeks later on Easter...
Willis Paints COVID-19 Insurance Loss Big Picture: It’s a Wash or Historic Catastrophe May 7, 2020 By Jim Sams If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole...
Buffett Says Berkshire Would Write Pandemic Insurance. That Is, If the Price Is Right. May 7, 2020 By Susanne Sclafane The chairman of Berkshire Hathaway said that while his insurance units aren’t heavily exposed to underwriting losses from the COVID-19...