SEC Accuses Two Companies of Making Misleading COVID-19 Claims May 14, 2020 The Securities and Exchange Commission has charged two companies it says claimed to offer products to combat the COVID-19 virus....
New Jersey Insurance Companies Directed to Provide Premium Reductions May 14, 2020 The New Jersey Department of Banking and Insurance has directed insurance companies in the state to provide premium reductions to...
Family of New Jersey Teacher Killed in School Bus Crash Files Lawsuit May 14, 2020 The family of a New Jersey teacher who died when the school bus she was riding crashed into a dump...
Redmer Reflects on Time as Maryland Insurance Commissioner, Talks Future Plans May 14, 2020 By Elizabeth Blosfield Maryland Insurance Commissioner Al Redmer Jr. will leave his regulatory role and step into his new position as executive director...
Applied Underwriters’ Centauri Files $30M ‘Poaching’ Suit Against Wellington Insurance May 14, 2020 By Amy O'Connor A Florida-based managing general agency has filed a $30 million poaching lawsuit against three former executives and the agency they...
Lloyd’s Insurer Antares Names Campbell as Head of Specialty, Succeeding Taylor May 14, 2020 Antares, the Lloyd’s managing agent and subsidiary of QIC Global, announced the appointment of Martin Campbell as head of Specialty...
Insurtech Zego Expands Partnership with RSA to Provide Cover for UK Van Fleets May 14, 2020 London-based insurtech Zego has expanded its partnership with RSA Insurance to provide flexible cover for van fleets. Zego is offering...
Exor Plays Hardball with French Insurer Covéa as PartnerRe Deal Collapses: Opinion May 14, 2020 By Chris Hughes, Bloomberg Opinion Renege on a deal with the Agnellis and you can expect to pay for it. Scion John Elkann has refused...
Typhoon Vongfong Hits the Philippines with Evacuations Expected May 14, 2020 By Brian K. Sullivan Typhoon Vongfong, the Northern Hemisphere’s first named storm [of 2020], is rapidly intensifying east of the Philippines, where it could...
Lloyd’s Expects US$4.3B in COVID-19 Claims – On Par with Costs of 9/11 Terror Attacks May 14, 2020 By L.S. Howard Lloyd’s of London revealed it will pay claims in the range of $3 billion to $4.3 billion as a result...