Asbestos Trial to Start With Social Distancing in Conference Center, Not Courthouse July 23, 2020 By Jef Feeley A West Virginia judge urged parties in dozens of asbestos lawsuits to reach a settlement and avoid the “dreadful experience”...
Connecticut State Trooper Charged with Workers’ Comp Fraud, Larceny July 23, 2020 A Moosup, Conn., man has been arrested and charged with illegally collecting workers’ compensation benefits while being employed as a...
Markel Specialty Taps Elzer to Lead Newly Launched Risk Solution Services July 23, 2020 Markel Specialty has launched Risk Solution Services, its newly expanded loss control department, and has tapped Allison Elzer to lead...
Fire Marshal Says Delaware Church Fire Causing $250K in Damages Was Arson July 23, 2020 A fire inside the sanctuary of a Delaware church was started by an act of arson, authorities said. State Fire...
Home, Auto MGA Branch Plans Conversion to Reciprocal Exchange After Raising $24M July 23, 2020 Branch, an insurtech startup focused on bundling digital home and auto insurance, is eying national expansion through 2021 after nailing...
Lloyd’s Insurer Beazley Reports 1st Half Loss of $13.8M on Mounting COVID-19 Claims July 23, 2020 By Muvija M British insurer Beazley swung to a loss for the first half on Thursday after setting aside $170 million for coronavirus-related...
New Lloyd’s Syndicate-in-a-Box Created to Insure Transport of Future COVID-19 Vaccine July 23, 2020 Lloyd’s, the specialist insurance and reinsurance market, announced the creation and in principle approval of its newest “syndicate-in-a-box,” Syndicate 1796,*...
Travelers Reports Q2 Loss on Catastrophes, Investments; Only Modest COVID Impact July 23, 2020 The Travelers Companies reported a net loss of $40 million for the quarter ended June 30, 2020, compared to net...
Swiss Re Appoints Pasricha as Global Head P&C Solutions, Succeeding Schuh July 23, 2020 Swiss Re announced that Pranav Pasricha, currently CEO of Intellect SEEC, has been appointed global head P&C Solutions of Swiss...
Swiss Re to Report $1.1 Billion Loss During First Half on Hit from COVID-19 July 23, 2020 Reinsurance company Swiss Re said on Wednesday that claims and reserves of $2.5 billion related to COVID-19 will lead to...