European Insurers’ Coronavirus BI Claims Likely to Be Limited: Moody’s, ABI March 20, 2020 Insurers in the UK, France and Germany are likely to face only moderate business interruption (BI) claims as a result...
Swiss Re, Zurich Insurance in Talks with Swiss Regulator About Coronavirus Impact March 20, 2020 By Patrick Winters Switzerland’s top insurance companies are in talks with the financial regulator about the impact of the coronavirus outbreak on their...
Pressure Builds on Insurers to Be Part of Coronavirus Business Solution March 20, 2020 By Andrew G. Simpson While legislators in Washington and states try to fashion financial relief for businesses interrupted by the public health actions related...
$1.2M Sex Discrimination Suit Filed Against Oregon Hospital March 20, 2020 A former pharmacist is suing Central Oregon’s largest health care provider for $1.2 million saying the hospital maintained a hostile...
M5.7 Earthquake in Utah Confirmed March 20, 2020 By Brady McCombs and Lindsay Whitehurst With much of normal life at a screeching halt to combat the coronavirus, millions of people in Utah are hunkered...
Coronavirus Strikes Post-Brexit Trade Talks with Top Negotiators in Isolation March 20, 2020 By Tim Ross and Ian Wishart The coronavirus has struck at the heart of the post-Brexit trade talks between Britain and the European Union, with both...
Virginia’s Kinsale Capital Group Announces Underwriting Promotions March 20, 2020 Kinsale Capital Group Inc. has announced four underwriting promotions. Patrick L. Dalton was named senior vice president of Casualty, John...
Insurers Reject House Members’ Request to Cover Uninsured COVID Business Losses March 20, 2020 A bipartisan group of U.S. House members has asked insurers to retroactively recognize financial losses relating to COVID-19 under commercial...
Exxon Loses Jurisdiction Fight in Massachusetts Climate Suit March 20, 2020 By Erik Larson Exxon Mobil Corp. suffered a setback in a climate change case when a federal judge ruled that a consumer protection...
Swedbank Slapped with Record $386M Fine for Money-Laundering Breaches March 20, 2020 By Colm Fulton, Johan Ahlander and Simon Johnson Sweden’s financial watchdog hit lender Swedbank with a record fine of 4 billion crowns ($386 million) on Thursday for serious...