California Restaurants Expect Rebound That Will Take Years May 20, 2021 By Don Thompson Nearly a third of California’s restaurants permanently closed and two-thirds of workers at least temporarily lost their jobs as the...
Insurance Development Forum Launches Project to Build Colombian Climate Resilience May 20, 2021 The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, has launched...
Fed Warns Credit Scores ‘May Lose Some Power’ After Covid May 20, 2021 By Jenny Surane The Federal Reserve Bank of New York warned that credit scores — the all-powerful number that can determine if a...
Lawsuits Over University of Delaware COVID-19 Shutdown Can Proceed May 20, 2021 By Randall Chase A federal judge on Tuesday refused to dismiss two lawsuits filed against the University of Delaware by current and former...
Ex-Gynecologist in Virginia Gets 59 Years on Fraud Conviction May 20, 2021 A former gynecologist in Virginia who was convicted on fraud charges for performing unnecessary surgeries and procedures was sentenced Tuesday...
Element Risk Management Acquires Pennsylvania’s Smith Insurance May 20, 2021 Element Risk Management has acquired Smith Insurance with locations in Hershey and Williamstown, Pennsylvania. Smith Insurance was founded as a...
Insurer Aviva Will Close 3 UK Property Funds Hit by Pandemic Economic Turmoil May 20, 2021 Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year...
‘Cat-Prone’ Startup Kin Insurance in Talks to Go Public With ‘Shark Tank’ Judge’s SPAC May 20, 2021 By Gillian Tan and Crystal Tse Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led...
Square Pegs Becomes Castel Underwriting Cell, Offering Cover for Complex SME Risks May 20, 2021 Square Pegs, which offers specialist insurance coverage for complex and unusual risks via a dedicated e-trading platform, has become a...
UK Pushes G-7 Countries to Adopt Mandatory Climate Reporting for Big Companies May 20, 2021 By Alex Morales, Alessandra Migliaccio and Alberto Nardelli UK Chancellor of the Exchequer Rishi Sunak is pushing the Group of Seven (G-7) economies to impose mandatory reporting of...