Airplanes with a total insured value of more than $160 billion are grounded around the world, presenting risks for insurers, a report said on Friday. Singapore has the largest number of planes standing idle at airports, at 205, with Hong …
The Travelers Companies announced that it will accelerate commission payments to eligible agents and brokers to help them ease liquidity concerns due to the COVID-19 crisis. In total, Travelers said it is accelerating more than $100 million, which it called …
California Insurance Commissioner Ricardo Lara has issued a notice to insurers ordering them to stop enforcing policy or statutory deadlines on policyholders for claims or coverage until 90 days after the statewide “state of emergency” or other “state of emergency” …
As the nation hunkers down and people shelter in place amid the coronavirus pandemic, several Mississippi businesses have stayed open, switching gears to make much-needed products. A jeans company is making face guards, a coffeehouse is making loaves of bread …
A gender reveal party mixed with explosives sparked a 10-acre fire in Florida. It happened Saturday in Brevard County, WESH-TV reported. The county has prohibited open burning because of an increase in fires, and officials are urging people to follow …
As coronavirus cases spike ever higher in Louisiana, the state’s nursing homes, assisted living sites and adult residential care facilities are showing more and more “clusters” of the virus, but the full scale of the outbreak at those sites remains …
Oklahoma City-based Insurance Risk Partners (IRP) has entered into a partnership with BRP Group Inc. to become part of their BKS-Partners operating group. IRP was formed in 2016 by industry veterans Paul and David Brown, and Patrick Truhlar, who have …
Two lawsuits have been filed in federal court in Illinois by a group of businesses — who were forced to close their operations by government authorities as a result of the COVID-19 pandemic — over the denial of business interruption …
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited BWay Corp., doing business as Mauser Packaging Solutions, for workplace safety and health hazards after an employee suffered an amputation on Sept. 26, 2019, at the Lawrence …
The temptation for businesses to use artificial intelligence and other technology to improve performance, drive down labor costs, and better the bottom line is understandable. But before they pursue automation that could put the jobs of human employees at risk, …
