Directors & Officers’ Insurance Rates Surge on Fears of Coronavirus Litigation August 11, 2020 By Carolyn Cohn Premiums for directors’ and officers’ liability insurance surged in the second quarter, broker Marsh said on Monday, as insurance underwriters...
Marine Insurance Losses Likely to Be Under $250M from Beirut Port Blast: Carpenter August 11, 2020 Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port...
Atlanta Officer Fired for Killing Black Man Files Suit August 11, 2020 By Kate Brumback The former Atlanta police officer who fatally shot Rayshard Brooks is suing the mayor and interim police chief, saying his...
Mistakes, Drama, Lawsuits: The Story of Fort Lauderdale’s Water Shutdown Crisis August 11, 2020 By Susannah Bryan It was supposed to be an easy job – not one that would shut down an entire city. But a...
Oil Leak from Cargo Ship Pollutes Mauritius Beaches as Insurers Assess Liability August 11, 2020 By Tsuyoshi Inajima and Shiho Takezawa The oil cleanup from a leaking cargo ship that ran aground off the coast of Mauritius continues while the government...
Trident Marine Managers, Nationwide E&S Form Underwriting Agreement August 11, 2020 Trident Marine Managers, Inc. (Trident) has reached a delegated authority underwriting agreement with Nationwide E&S to provide recreational marine and...
McDonald’s Seeks to Recoup Severance Paid Ousted CEO Over Sexual Affairs August 11, 2020 By Jonathan Stempel McDonald’s Corp. said on Monday it sued former Chief Executive Steve Easterbrook to recoup tens of millions of dollars in...
U.S. Drug Regulator Vows Outside Review of Any COVID-19 Vaccines August 11, 2020 The United States will need to have independent experts review COVID-19 vaccine candidates before approval, the country’s top drug regulator...
Insured Losses From Hurricane Isaias Could Reach $4 Billion in U.S. August 10, 2020 Hurricane Isaias likely caused $4 billion of insured losses in the U.S. and $200 million in the Caribbean, according to...
California Judge Blocks Uber, Lyft From Classifying Drivers as Contractors August 10, 2020 By Jonathan Stempel A California judge on Monday granted the state’s request for a preliminary injunction blocking Uber Technologies Inc. and Lyft Inc....