Brown & Brown CEO Sees ‘Sporadic’ Economic Recovery Ahead After Own COVID Recovery July 29, 2020 By Andrew G. Simpson Insurance broker Brown & Brown, Inc. reported second quarter revenues of $598.8 million, an increase of $23.6 million, or 4.1%,...
McConnell’s Liability Shield Among Hurdles for Coronavirus Relief Bill July 29, 2020 By Erik Wasson and Laura Litvan Stimulus talks between President Donald Trump’s representatives and Democrats bogged down Tuesday over demands by Senate Majority Leader Mitch McConnell...
Another Specialty Broker Begins Selling Pandemic Insurance Coverage July 28, 2020 By Don Jergler A Newport Beach, Calif.-based specialty broker believes that now is the best time to start offering pandemic insurance. Elite Risk...
California Scrutinizing Amazon’s Treatment of Workers During Coronavirus Outbreak July 28, 2020 By Diane Bartz and Paresh Dave California’s attorney general and state and local agencies are investigating whether Amazon.com Inc. has taken adequate steps to protect its...
Meat Packing Plant Owners Defend Operations During Pandemic July 27, 2020 By Michael Hirtzer and Isis Almeida As part of an investigation into the spread of coronavirus at U.S. meat plants, Democratic Senators Elizabeth Warren and Cory...
Workers’ Compensation Rates Won’t Be Adjusted for Coronavirus Experience This Year July 27, 2020 By Jim Sams The workers’ compensation line is unlikely to generate a profit this year and may not recover in 2021, an insurance...
Geico Sued for Alleged ‘Woefully Inadequate’ Coronavirus Auto Insurance Discount July 24, 2020 By Andrew G. Simpson Berkshire Hathaway’s Geico, the country’s second largest auto insurer, is being targeted by a potential class action for allegedly overcharging...
Specialty Broker Offers Business Insurance Coverage for Pandemic, Epidemic Risks July 23, 2020 A Boston-based national wholesale insurance broker is offering what it says is “among the first and most accessible” insurance policies...
Coronavirus Claims of Estimated €80B Are ‘Manageable’ for Europe’s Insurers: Moody’s July 17, 2020 The coronavirus outbreak has had an adverse, but manageable, impact on the European insurance sector, leading to a drop in...
GOP’s Proposal Limits Virus Liability Claims Against Businesses, Schools, Caregivers July 17, 2020 By Laura Litvan Senate Majority Leader Mitch McConnell wants to give federal courts jurisdiction over liability claims arising from coronavirus infections to limit...