Top Insurers Face Lawsuit from UK Hospitality Sector on Rejected Biz Interruption Claims April 30, 2020 By Kirstin Ridley and Carolyn Cohn Top insurers such as AXA, RSA, QBE and Zurich face a potential multi-million-pound lawsuit from British pubs, hotels, restaurants and...
Georgia Coronavirus Deaths Top 1,000 Amid Reopening Effort April 30, 2020 By Russ Bynum and Jeff Amy Georgia officials reported Tuesday the coronavirus has killed more than 1,000 people statewide as some local officials urged people to...
NTSB: Failure to Heed Warnings Led to Missouri Duck Boat Sinking April 30, 2020 The primary cause of the sinking of a tourist-carrying duck boat on a Missouri lake in July 2018, in which...
Court Nixes $64M Award Against Fireman’s Fund in Reinsurance Spat with Utica Mutual April 30, 2020 By Jim Sams A federal appellate court on Tuesday overturned a jury’s award of $64 million against Fireman’s Fund Insurance Co. for allegedly...
After Crisis, It Won’t Be Business as Usual – It Will Be Business Done Better: Opinion April 30, 2020 By Rupin Mago As the insurance industry begins to settle into the new norm of working from home (WFH), most companies will be...
Most Firms Have Some Cyber Insurance But Gaps in Coverage Remain: Survey April 30, 2020 The majority of businesses are insured against traditional cyber risks, such as breaches of personal information, but most remain vulnerable...
Consumer Groups Oppose Immunity for Businesses From Coronavirus Lawsuits April 30, 2020 By Tom Hals and Alison Frankel U.S. consumer advocates are urging Congress to resist growing demands by companies for protections from coronavirus-related lawsuits as states start...
Nevadans to Receive Premium Relief Refunds for Auto Insurance Policies April 29, 2020 Several Nevada drivers are set to receive premium refunds for their auto insurance policies as a result of less claims...
U.S. Economy Hit Hard in Q1 But Worse Contraction Still to Come April 29, 2020 By Lucia Mutikani The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to...
In Louisiana, 1 Month of Unemployment Benefits – 302K Claimants, $561.3M Paid April 29, 2020 Between March 22 and April 22, Louisiana Workforce Commission (LWC) paid out $561,358,411 in total benefits to over 302,000 Louisianians...