French Insurer AXA Plans to Cut Dividend by 50% on COVID-19 Impact June 3, 2020 French insurer AXA plans to cut its dividend to 0.73 euros per share from a planned payout of 1.43 euros,...
Grounded Airplanes at Risk from Asia’s Tropical Storm Season, Industry Experts Warn June 3, 2020 By Jamie Freed and Ben Blanchard Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region’s tropical storm...
How Florida’s Strained Insurance Market is Facing COVID-19, Hurricane Season June 3, 2020 By Amy O'Connor From the threat of insurer ratings downgrades to mounting carrier losses because of excessive litigation to increasing insurance rates, Florida’s...
Insurance Survey: How Is Pandemic Affecting Your Life, Your Work, Your Industry? June 3, 2020 No matter where you work in the P/C insurance industry, your experience is important. How is the coronavirus pandemic affecting...
Mississippi Establishes Small Business Website for Virus Relief Grants June 2, 2020 By Emily Wagster Pettus Mississippi has established a website where owners of small businesses can soon start applying for grants funded by a federal...
Michigan Orders Auto Insurers to Issue COVID-19 Refunds or Waivers June 2, 2020 Auto insurers in Michigan have been ordered to issue refunds or premium waivers to policyholders due to reduced driving and...
Big Publishers Sue Digital ‘Emergency Library’ Offering Free Books During Coronavirus June 2, 2020 By Hillel Italie Four of the country’s biggest publishers have sued a digital library for copyright infringement, alleging that the Internet Archive has...
Nevada Property Manager Paying $300K in Virus Eviction Ban Lawsuit June 2, 2020 A Nevada-based property management company that issued eviction notices to tenants in Tacoma during the coronavirus pandemic has agreed to...
Maine Believes Increase in Unemployment Claims Tied to Fraud June 2, 2020 Another 24,500 individuals have filed initial claims for unemployment benefits last week – more than double the number of claims...
States Adding Laws to Shield Businesses From Liability for Coronavirus Claims June 2, 2020 By Jim Sams Four states have passed laws that grant businesses immunity from civil liability for claims relating to COVID-19, while legislation in...