China’s Ping An Reports Q1 Profit Drop of 42.7% on Coronavirus Business Disruption April 23, 2020 Ping An Insurance (Group) Co of China Ltd, on Thursday reported a 42.7% drop in first-quarter profit, its biggest fall...
Obsidian Insurance Holdings Hires Larkin as Chief Underwriting Officer April 23, 2020 Obsidian Insurance Holdings Inc., a new fronting insurance holding company, has added to its senior management team with the appointment...
Preferred Mutual Launches Relief Program for Auto Customers During Pandemic April 23, 2020 Preferred Mutual Insurance Company has announced its Stay Home, Stay Assured Auto Program, which will provide more than 65,000 customers...
Brokerslink Network Expands in Latin America with Two Broker Affiliates April 23, 2020 Global broking business Brokerslink announced the addition of two Latin American affiliates to its network: Asescor S.R.L. Corredor de Seguros...
New York Charges Mallinckrodt with Insurance Fraud Over Opioid Claims April 23, 2020 By Jonathan Stempel New York state brought civil charges on Tuesday accusing Mallinckrodt Plc of insurance fraud for misrepresenting the safety and efficacy...
SCOR Global P&C Sees Price Increases of 6.6% During April Renewals April 23, 2020 During the April reinsurance renewals, SCOR Global P&C said it grew gross premiums by 5.7% to €504 million, while benefiting...
China Slams Coronavirus Lawsuit Brought by Missouri as ‘Very Absurd’ April 23, 2020 China on Wednesday slammed a lawsuit brought against it by the U.S. state of Missouri over the coronavirus pandemic as...
Governor Aims for South Carolina to Recover ‘More Quickly Than Any Other State’ April 23, 2020 By Meg Kinnard South Carolina’s governor is rolling out details of a program that his office says will allow the state’s economy to...
Oregon Fines Aerospace Company $70K for Waste Mishandling April 23, 2020 The Oregon Department of Environmental Quality has fined a manufacturer of parts for the aerospace industry near Albany more than...
Georgia Gambles on Reopening Business Amid Pandemic April 23, 2020 By Howard Schneider and Andy Sullivan A handful of mostly southern U.S. states will begin loosening economic restrictions this week in the midst of a still...