April 16, 2020
The Louisiana Department of Insurance says collectively auto insurers will return more than $187 million in premium to drivers in the state in the form of refunds and rebates on auto insurance policies. Insurance Commissioner Jim Donelon notes that auto …
April 16, 2020
Washington state is suing Facebook – again – for selling political ads without disclosing all necessary information about who’s behind them. Attorney General Bob Ferguson first sued Facebook over the issue in 2018, with the company agreeing to a $238,00 …
April 16, 2020
The Northern California victims of catastrophic wildfires caused by Pacific Gas & Electric’s decaying electrical grid will have at least $19 million siphoned way from a $13.5 billion fund for their losses to cover administrative costs. A bankruptcy judge said …
April 16, 2020
Blood tests for the coronavirus could play a key role in deciding whether millions of Americans can safely return to work and school. But public health officials warn that the current “Wild West” of unregulated tests is creating confusion that …
April 16, 2020
Progressive Insurance has donated $2 million to establish the Trusted Choice COVID-19 Relief Fund in response to the economic and operational challenges the coronavirus crisis has presented to independent agencies. The grant will be dispersed directly to independent agencies via …
April 16, 2020
Auto insurers have seen something new with the coronavirus pandemic: an historic reduction in driving due to millions of customers staying home and sheltering in place. That change led to carriers issuing between $8 billion and $10.5 billion in customer …
April 16, 2020
As a result of changing driving habits due to the COVID-19 pandemic, the member companies of the Utica National Insurance Group have announced that they will provide policyholders with a 15 percent payback of their personal auto insurance premiums for …
April 16, 2020
A federal judge said Tesla Inc. and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion transaction. U.S. …
April 16, 2020
A Harvard University law professor dropped his defamation lawsuit against The New York Times on Monday after the newspaper changed the headline and first paragraph in a story relating to his views about donations from financier Jeffrey Epstein. In the …
April 16, 2020
AIR Worldwide has launched a free COVID-19 catastrophe modeling tool, one that predicts cases and offers death projections for the weeks ahead. The company said its Verisk COVID-19 Projection Tool, designed with AIR’s pandemic modeling data, will provide COVID-19 case …