Non-Life Insurance Claims from Pandemic to Surpass 9/11 Claims: Willis Towers Watson May 1, 2020 Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes...
Allianz Withdraws 2020 Profit Target on Pandemic Uncertainties May 1, 2020 By Stephan Kahl and Richard Weiss Allianz SE withdrew its forecast for the year as Europe’s biggest insurer struggles with the fallout from the Covid-19 pandemic....
Mississippi Gov Supports Lawsuit Protection for Businesses that Reopen May 1, 2020 By Emily Wagster Pettus Mississippi Gov. Tate Reeves said Wednesday that he will ask state lawmakers to provide legal protection for businesses that might...
Direct Auto Insurance of Tennessee to Give 15% Credit on April Auto Policies May 1, 2020 Direct Auto Insurance affiliates will give personal auto insurance policyholders a 15% credit on their April premiums in an effort...
States Under Pressure to Lift Coronavirus Restrictions as Unemployment Grows May 1, 2020 By Doina Chiacu and Maria Caspani As White House economic reopening guidance expired on Thursday after two weeks in place, half of all U.S. states forged...
Trump Administration Defends Workplace Safety Record During Coronavirus Crisis May 1, 2020 By Daniel Wiessner and Tom Hals U.S. Labor Secretary Eugene Scalia on Thursday defended his department’s handling of workplace safety during the coronavirus pandemic, saying “the...
Washington Extends Deadline for Claims with Building Repairs April 30, 2020 Washington Insurance Commissioner Mike Kreidler on Thursday filed an emergency order that requires insurers to extend deadlines relating to withheld...
The Perilous Cannabis, Cyber, COVID-19 Connection April 30, 2020 By Don Jergler Cannabis, cyber and COVID-19 – the three Cs may have more in common than meets the eye. Cannabis dispensaries, now...
New LWCC Foundation Commits $1.1M for COVID-19 Recovery in Louisiana April 30, 2020 Baton Rouge-based Louisiana Workers’ Compensation Corp. (LWCC) has formed a private foundation to focus on the areas of health, wellness,...
Florida CFO Says China Owes State Financial Restitution from COVID-19 Outbreak April 30, 2020 Florida Chief Financial Officer (CFO) Jimmy Patronis has sent a demand letter to Chinese Ambassador to the United States Cui...