IRS Takes Aim at ‘Abusive Micro-Captive Practices’ with Another Settlement Offer October 23, 2020 As the pandemic and rising insurance costs fuel greater interest by large firms in creating captive insurance organizations, the Internal...
FCCI Insurance Group Writes First Policy in Pennsylvania October 23, 2020 Sarasota, Fla.-based property and casualty insurer FCCI Insurance Group (FCCI) has written its first policy in Pennsylvania with the agency...
Update: Italy’s Tax Police Raid Offices of Generali in Probe About Insurance Contracts October 23, 2020 Italy’s tax police raided the offices of state railway Ferrovie dello Stato (FS) and Generali to gather documents in a...
Uber, Lyft Must Reclassify Drivers as Employees, Rules California Appeals Court October 23, 2020 A California appeals court on Thursday unanimously ruled against ride-hailing companies Uber Technologies Inc. and Lyft Inc., saying they must...
Pennsylvania Justices Review Priest Abuse Lawsuit’s Ruling on Time Limits October 23, 2020 By Mark Scolforo Pennsylvania’s highest court on Tuesday grappled with whether a woman’s lawsuit on claims of sexual abuse by a priest decades...
Chubb Canada’s President Moore to Retire, Succeeded by Alfieri October 23, 2020 Ellen Moore, the current president of Chubb Canada, has announced her retirement, which will take effect at the end of...
Judge Rules New York City Crosswalks Fail to Protect Blind Pedestrians October 23, 2020 Most crosswalks in New York City violate laws protecting people with disabilities by failing to properly protect blind and low-vision...
Insurer to Appeal Restaurants’ Win in North Carolina COVID Business Interruption Case October 23, 2020 A judge in Durham County, North Carolina has handed down what may be the nation’s first dispositive ruling in favor...
Everest Re Estimates Third Quarter 2020 Catastrophe Losses of $300 Million October 23, 2020 Everest Re Group Ltd. is estimating pre-tax net catastrophe losses of $300 million for the third quarter 2020. The estimate...
QBE Appoints Pryce as Interim Group CEO After Regan’s Forced Exit in September October 23, 2020 QBE Insurance Group announced that Richard Pryce will assume the role of interim group chief executive officer while the search...