Despite Insurance Industry Concerns, More States Introduce COVID-19 BI Bills April 15, 2020 By Elizabeth Blosfield New Jersey was the first state to propose a bill that would mandate insurers cover COVID-19-related losses under their business...
Montana Seeking $43M in Disputed Tobacco Settlement Payments April 15, 2020 By Amy Beth Hanson Montana is asking a judge to force a group of tobacco companies to make more than $43 million in payments...
MAPFRE Launches Staying Home Refund for Policyholders During Pandemic April 15, 2020 MAPFRE Insurance has announced its Staying Home Refund program, which will return 15 percent of April and May premium to...
Massachusetts’ Safety Insurance to Reduce Auto Premiums During COVID-19 Pandemic April 15, 2020 Safety Insurance has announced a premium reduction plan and several other steps to meet policyholder and community needs during the...
Vandal on Backhoes Causes Damage at New Jersey Construction Site April 15, 2020 A vandal used a backhoe to damage numerous items at a southern New Jersey construction site, including the backhoe. Bridgeton...
Many Insurance Policies Bought by Small UK Firms Don’t Cover Pandemic: Regulator April 15, 2020 By Huw Jones and Carolyn Cohn Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that...
OSHA Inspectors to Prioritize Health Facilities Over Other Sites During Coronavirus Crisis April 15, 2020 By Daniel Wiessner The U.S. agency that enforces workplace safety laws has said it will prioritize work site inspections of healthcare facilities over...
Insurance Australia Group, AMMB Seek to Sell Their Malaysian Auto Insurer: Sources April 15, 2020 By Elffie Chew The owners of AmGeneral Insurance Bhd., Malaysia’s second-biggest auto insurer, have restarted a sale process and are seeking as much...
Willis Towers Watson’s Climate & Resilience Hub Taps Scott from BofE as Senior Director April 15, 2020 Willis Towers Watson announced the appointment of Matt Scott as a senior director in its Climate and Resilience Hub. Scott...
QBE Insurance Plans US$825M Capital Raise on COVID-19 Economic Uncertainties April 15, 2020 QBE Insurance is planning to raise about US$825 million in capital as a result of the economic and investment market...