Buckle, a technology-driven financial services company, has been granted temporary approval to add insurance coverage to its rideshare driver members’ policies for the delivery of food, household supplies, and other packaged goods. Due to the COVID-19 crisis that has forced …
Lockton Re, the global reinsurance business of insurance broker Lockton, has hired Keith Thurman to its Lockton Re Atlanta office to lead the buildout of its’ Workers’ Compensation practice in the U.S., working closely with colleagues both there and in …
California sued two multinational gasoline trading companies in early May, alleging they ran a scheme that jacked up prices at the pump from 2015 to late 2016. Democratic Attorney General Xavier Becerra said the companies took advantage of market volatility …
The California Department of Insurance issued a cease and desist order on Omega Vehicle Services LLC, doing business as Delta Auto Protect, and its controlling manager, Charles Seruya, in May for allegedly selling illegal vehicle service contracts to over 20 …
Cannabis, cyber and COVID-19 — the three Cs may have more in common than meets the eye. Cannabis dispensaries, now considered essential businesses in many states, have stepped up deliveries, curbside picksups and online ordering to service customers during the …
The cannabis industry is being affected by COVID-19 much like other business sectors, but the complexities of this budding industry make its eventual recovery from the pandemic and ensuing economic fallout even harder to predict. Yet that didn’t stop us …
Standard & Poor’s said it does not expect state legislators to succeed in their efforts to retroactively expand business interruption insurance coverage for COVID-19-related losses. The reason: An expectations of fierce insurance industry-fueled legal challenges. “We are taking the initial …
Insurers have been blindly moving to expand access and coverage in cyber insurance despite their inability to confidently assess and quantify holistic cyber risk. Visibility of the exposure remains poor, and overstated modeling capabilities have brought unjustified confidence and misleading …
Business interruption insurance has been a much-debated topic during the coronavirus crisis, with some businesses already pushing back against virus-related claim denials. In several cities, groups of businesses have filed lawsuits challenging virus exclusions in their business interruption policies, such …
Jumping right into a new business may sound like a great first step, but long-time wholesaler broker Norman Ives advises a look-before-you-leap approach to the cannabis business. Ives is a broker and cannabis practice leader for Worldwide Facilities LLC, and …
