China Regulator Raises Cap on Equity Investments Made by Domestic Insurers to 45% July 20, 2020 China’s banking and insurance regulator said it was raising the cap on how much the country’s insurers can invest in...
Canadian Insurer Manulife Plans to Increase Diversity by 30% Within 5 Years July 20, 2020 Manulife Financial Corp said on Friday it was making a push to increase the representation of minorities across its North...
Crest Insurance in California Adds Vaccaro July 20, 2020 Crest Insurance Group in San Diego, Calif. has added Hunter Vaccaro to the California branch. Hunter previously worked as a...
U.S. Extends Ban on Cruise Ships Through September as Coronavirus Cases Rise July 20, 2020 By Andrew G. Simpson Federal health officials are extending the U.S. ban on cruise ships through the end of September as coronavirus infections rise...
Pinnacol in Colorado Adds Golombek and Salazar to Board, Announces New Chair July 20, 2020 Colorado workers’ comp insurer Pinnacol Assurance has added Ellen Golombek and Jesus Salazar to its board of directors, while farm...
Personal Lines Insurance Poised to Turn Profit in 2020 As Auto Claims Fall: Fitch July 20, 2020 After a profitable 2019, the U.S. personal lines insurance sector is positioned to see underwriting profits in 2020 even with...
Scientist Says Chances of Big One on San Andreas Greater Than We Believed July 17, 2020 By Don Jergler Get ready for the big one. That’s a refrain Californians have heard for years, but this time one scientist is...
AM Best Removes from Under Review, Affirms Ratings of Texas’ National Lloyds Group July 17, 2020 AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A (Excellent) and...
Colorado Paying $7M for Cleanup of Former Alaska Mine July 17, 2020 A Colorado company agreed to a $7 million cleanup plan for Alaska’s only uranium mine, which has left radioactive waste...
Lloyd’s Underwriters Sue Indiana Archdiocese Over Liability Insurance Response July 17, 2020 An insurance company is suing the Indianapolis archdiocese, alleging that it failed to disclose allegations of child sexual abuse by...