AIG Takes Hit from Coronavirus in Q1; Sees Industry’s ‘Biggest CAT Loss Ever’ Ahead May 5, 2020 By Suzanne Barlyn, Noor Zainab Hussain and Bharath ManjeshR Insurer American International Group Inc. on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money...
Insurers’ Loss Estimates Linked to Coronavirus Range Widely: Analysis May 5, 2020 By Suzanne Barlyn and Alwyn Scott Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars...
Florida-Based BKS-Partners Appoints Nash as Regional President May 5, 2020 BKS-Partners, an insurance brokerage and risk management firm headquartered in Tampa, Fla., has appointed Kelly Nash to Regional president. As...
North P&I Enters Blue-Water Hull, Machinery Market May 5, 2020 Global marine insurer North P&I has entered the blue-water and hull and machinery market with a new insurance product line....
Neptune Doubles Lloyd’s Capacity to Expand Private, Commercial Flood Product May 5, 2020 Neptune Flood, an online flood insurance company, has entered into strategic underwriting partnerships that double its capacity at Lloyd’s. Neptune,...
EEOC Complaint: Florida ICU Nurse Denied Rental Because of Virus Concerns May 5, 2020 A Florida nurse filed an equal opportunity complaint alleging her condo rental application was denied because her ICU job brings...
Students Sue Universities in North Carolina for Tuition Reimbursement May 5, 2020 By Amy O'Connor College students in North Carolina are suing universities in hopes of getting reimbursements for tuition and fees after campuses shut...
Alabama Highway Deaths Decline by Nearly 60% in April May 5, 2020 Traffic accidents are killing fewer people in Alabama as people stay home more and drive less during the pandemic. Highway...
California Issues Cease And Desist over Illegal Extended Warranties May 4, 2020 The California Department of Insurance issued a cease and desist order on Omega Vehicle Services LLC, doing business as Delta...
Crest Insurance Group Acquires John Creps Agency Company in Arizona May 4, 2020 Crest Insurance Group LLC has acquired John Creps Insurance Agency LLC in Flagstaff, Ariz. Terms of the deal were not...