An earthquake with a preliminary magnitude of 4.9 rattled much of inland Southern California on Friday evening but no damage or injuries were reported, the U.S. Geological Survey confirmed. The quake struck just after 6:53 p.m. and was centered near …
Insurance carriers are continuing to step forward with offers of help for customers and communities affected by the coronavirus crisis. Allstate announced that its Allstate, Esurance and Encompass personal auto insurance customers will receive a Shelter-in-Place Payback, a premium credit …
Global insurer Chubb announced that it will not conduct any layoffs among its 33,000 employees while in the midst of the COVID-19 pandemic health crisis. The insurer has also pledged to give $10 million to pandemic relief efforts globally. “We …
Quantemplate, a provider of self-service, cloud-based automated data solutions for the (re)insurance industry, has hired Simon Fagg and Shannon Perry to its New York-based team. The new hires have joined both the sales and solutions teams and are responsible for …
Pennsylvania Governor Tom Wolf added seven more counties to his order to stay at home as the new virus expanded its reach and Pennsylvania reported another big jump in confirmed COVID-19 cases and deaths. Wolf told residents of Lebanon, Franklin, …
Purchasers of travel insurance are finding their policies all but worthless as the global pandemic forces them to change their plans, or worse, leaves them sick at sea. Most travel insurance companies won’t provide reimbursements for canceled trips due to …
World insurers told governments on Monday that making them pay out on losses suffered due to the coronavirus that were not covered by policies risked destabilizing the insurance industry. With the global economy hammered by measures to halt the spread …
Willis Towers Watson is postponing its planned sale of its London wholesale broker subsidiary, Miller Insurance Services. “Given the current COVID-19 outbreak and associated uncertainty, we have paused our current efforts to explore strategic alternatives for Miller. WTW and Miller …
Berkshire Hathaway Specialty Insurance (BHSI) announced that it has launched Professional First Technology Liability Insurance policies in Australia and New Zealand. Both policies offer broad, customizable professional liability protection for the full scope of services provided by technology and tech-related …
The founder of one of the world’s best-performing insurance firms this year never imagined its policies to cover illness from the coronavirus would draw “overwhelming” demand when it began selling them well before the pathogen spread across Thailand and the …
