New Hampshire’s getting an additional $147 million from the massive coronavirus aid package signed into law by President Donald Trump, the state’s congressional delegation said Tuesday. Funding will go to schools; public transit; health care workers; law enforcement; child care, …
Reinsurers were able to complete the April renewals smoothly, despite being forced to move to the new working-from-home model after the COVID-19 outbreak, according to Willis Re. “The global reinsurance market has shown immediate resilience to operating under the challenge …
An insurtech small business insurer is cutting April premiums by 25% for its customers with general liability, professional liability and commercial auto policies to help them get through the coronavirus crisis. Next’s founder and CEO Guy Goldstein said he is …
BEIJING, April 1 (Reuters) – China Reinsurance Group Corp said on Wednesday it will carefully consider its plan to set up a business entity in the United States, based on its global strategy and the implementation of Sino-U.S. phase one …
CCG IQ, a provider of tech-enabled insurance services, has acquired The UIS Group. CCG IQ anticipates that the addition of this business will enhance its suite of services for insurance companies, according to a company press release. Connecticut-based UIS Group …
A Delaware judge has granted the DuPont Co.’s request to dismiss a lawsuit alleging that it massively downplayed the cost of environmental liabilities imposed on spinoff company Chemours. Vice Chancellor Sam Glasscock III ruled Monday that he has no jurisdiction …
Walmart Inc. will provide masks and gloves for its workers and take their temperature before shifts, the latest moves by the nation’s biggest private employer to ensure the safety concerns of its front-line employees. The company will begin supplying “high-quality” …
Today’s post is the second in a series of posts by friend of the Academy, Crystal M. Uebelher, J.D., CPCU. Crystal is an insurance professional and a lawyer. Crystal loves teaching non-lawyers about the law and lawyers about insurance. It …
Insurance intermediary holding company Nexus Group announced that its independent broking arm, Xenia Broking Group, has completed the acquisition of the trade credit business of Howden UK Group Ltd. Financial details of the transaction, which was first announced on March …
Fitch Ratings has revised the rating watch to evolving from negative on all ratings for Sirius International Group, Ltd. and its operating subsidiaries, including its ‘A-‘ (Strong) Insurer Financial Strength (IFS) rating, its ‘BBB’ Long-Term Issuer Default rating (IDR), and …
