Worker Injured at Construction Site Can Sue Under Massachusetts’ Statute of Limitations July 8, 2020 By Elizabeth Blosfield A worker injured at a Massachusetts construction site can sue under the state’s three-year statute of limitations despite being a...
Bayer Agrees to Delay Future Claims Portion of Proposed Roundup Settlement July 8, 2020 Bayer said it had agreed to delay a proposed settlement to deal with future claims relating to allegations that its...
Allstate to Buy National General for $4 Billion, Growing Auto, Independent Agent Business July 8, 2020 U.S. Insurer Allstate Corp. said on Tuesday it will buy National General Holdings Corp. for about $4 billion in cash,...
Generali Offers Remote Facility Inspection for Firms Coping with COVID-19 Travel Bans July 8, 2020 Generali’s P&C unit Global Corporate & Commercial (GC&C) Iberia & LatAm has developed a new system for remote facility inspection...
Insurance Costs Rising for Cannabis Firms as Unhappy Investors File Slew of Lawsuits July 8, 2020 By Shariq Khan and Nichola Saminather Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from...
Lloyd’s Market Assn. Launches Delegated Authority Group to Set Future Business Model July 8, 2020 The Lloyd’s Market Association (LMA) has launched a Delegated Authority Committee (DAC) to inform and guide the evolution of this...
Lloyd’s Innovation Accelerator Focuses on COVID-19 Market Response with 3 Insurtechs July 8, 2020 Lloyd’s has started work with three insurtech startups to help the market respond to the COVID-19 pandemic. As part of...
QBE Sells Stake in India Insurance Joint Venture to Fintech Platform Paytm July 8, 2020 India’s financial technology platform Paytm is set to acquire Mumbai-based private sector general insurer Raheja QBE General Insurance Co. Ltd....
What ‘Follow the Fortunes’ Means for COVID-19 Reinsurance Claims July 8, 2020 By Susanne Sclafane How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance...
Miami Halts Indoor Dining as Florida Hospitals Approach Capacity July 8, 2020 By Adriana Gomez Licon and Lisa Marie Pane Hospitals rapidly approached capacity across the Sunbelt, and the Miami area closed indoor dining at restaurants and gyms again because...