Forced Payouts of Pandemic Claims Risk Insurers’ Financial Stability: Regulators May 7, 2020 By Huw Jones and Carolyn Cohn Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk,...
California Court Overturns Quincy Jones’ Win in Michael Jackson Lawsuit May 7, 2020 By Andrew Dalton A California appeals court on Tuesday overturned most of a 2017 jury verdict awarding Quincy Jones $9.4 million in royalties...
New Hampshire Fitness Clubs, Sports, Make Case to Re-open May 7, 2020 By Kathy McCormack Representatives of fitness clubs, amusement parks and youth baseball on Tuesday told a task force on reopening New Hampshire’s economy...
Executive And His Companies to Pay $1.8M to Settle California Harassment Suit May 7, 2020 A former Northern California business executive and his companies will pay $1.8 million to settle a lawsuit by the state...
Pennsylvania’s Leech Tishman Fuscaldo & Lampl Hires Sampson as a Partner May 7, 2020 Leech Tishman Fuscaldo & Lampl LLC has hired Michael H. Sampson as a partner in the Litigation Practice Group. Sampson...
New York’s Preferred Mutual Insurance Company Appoints Two to Board of Directors May 7, 2020 Preferred Mutual Insurance Company has appointed two new members to the company’s board of directors. Joining the board are Heidi...
Munich Re Expects Coronavirus-Related Claims in Excess of $1 Billion During 2020 May 7, 2020 Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis...
FERMA Forms Task Force to Find Solution for Non-Damage BI Cover – Such as Pandemic May 7, 2020 The Federation of European Risk Management Associations (FERMA) announced the launch of a task force to create proposals to address...
Zurich Canada Appoints Snider as Head of Risk Services May 7, 2020 Chris Snider has been named head of Risk Services for Zurich Canada. Formerly the manager of Risk Services – Property,...
Gas Leak at LG Chem Plant in India Kills at Least 7, Forcing Evacuation of Thousands May 7, 2020 By Archana Chaudhary An overnight gas leak at an LG Chem Ltd. polymer plant in southern India has killed at least seven people...