Insurance Fraud Investigators Ramp Up During Reopening, Even as Claims Volumes Drop July 7, 2020 By Jim Sams Fraud inevitably rises after natural disasters and during economic downturns. The COVID-19 pandemic has brought both conditions to the entire...
Brooklyn Building Collapses After Being Cited by Inspectors July 7, 2020 A multistory health club shuttered by the coronavirus pandemic collapsed into a heap of rubble on a Brooklyn street Wednesday,...
Aon’s Jackson Joins TigerRisk in New York July 7, 2020 Industry advisory firm TigerRisk Partners announced that Joe Jackson has joined its North American team. Jackson joins TigerRisk from Aon,...
Judge ‘Inclined to Deny’ Part of Bayer Roundup Settlement on Future Claims July 7, 2020 Bayer shares fell more 6% on Tuesday after a U.S. judge questioned part of the German company’s proposed settlement to...
Beazley Launches Booking System for Virtual Broker Meetings in New Business Reality July 7, 2020 Specialist insurer Beazley has launched an online booking system to make it easier and quicker for brokers to arrange virtual...
Insured Losses for 2019/2020 Australia Bushfires Estimated at A$1.9B (US$1.3B): PERILS July 7, 2020 The insurance industry’s loss footprint for the Australian bushfires of 2019/2020 is estimated at A$1.9 billion (US$1.3 billion), according to...
Argo’s CFO to Depart as Insurer Updates Executive Leadership Team July 7, 2020 Argo Group International Holdings Ltd., the Bermuda-based specialty re/insurer, announced an update to senior leadership team responsibilities and the launch...
New Business Interruption Insurance Class Action Launched in Canada July 7, 2020 Koskie Minsky LLP and the Merchant Law Group have launched a proposed national class action lawsuit alleging that Canadian insurance...
Arctic Temperatures Soar to Record Levels in June, Stoking Wildfires: EU Data July 7, 2020 By Emma Farge and Vladimir Soldatkin GENEVA/MOSCOW – Temperatures in Arctic Siberia soared to a record average for June amid a heat wave that is stoking...
State Judge Rejects Michigan Restaurants’ COVID-19 Business Interruption Claim July 7, 2020 By Jim Sams A trial court judge in Lansing, Michigan handed a victory to insurers in what may be the nation’s first final...