Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case July 20, 2020 By Lucca de Paoli and Benjamin Robertson UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol,...
China to Offer Additional Insurance, Financial Support for Flood-Hit Regions July 20, 2020 China’s banking and insurance regulator on Saturday announced measures to further increase credit and lending support and insurance protection for...
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...