The U.S. Transportation Department on Thursday published new rules for truck drivers that will allow short-haul drivers to work a longer day and revising rules for longer trips, saying the changes will save the industry $2.8 billion over 10 years. …
Aon has established an intellectual property liability underwriting platform with levels of capacity it says is the largest known delegated capacity for the risk. IP underwriter Ian Lewis has joined the company to spearhead the development of an underwriting team …
An Arkansas theater will face consequences that could be enforced by the police if it proceeds with its plan to defy the state’s coronavirus restrictions by holding what could be the country’s first major concert this far into the pandemic, …
Louisiana lawmakers won’t try to force business interruption insurance policies to cover the widespread closures caused by the COVID-19 pandemic. Sen. Rick Ward, a Port Allen Republican, shelved the proposal amid concerns it could crater the state’s insurance industry and …
A big and long-awaited boost for cannabis – and those who offer financial products to cannabis businesses – now in the hands of Congress may not only help usher the industry through the coming pandemic-ridden economic slump, it could have …
The Oklahoma Senate has approved legislation giving liability relief to essential businesses and those working to safely reopen, as well as a measure protecting manufacturers and people who make or donate materials related to the COVID-19 pandemic. A previously passed …
Texas surplus lines premium during the month of April 2020 reached $741.68 million, according to the Surplus Lines Stamping Office of Texas (SLTX). This is a 14.8% increase over the same period in 2019, SLTX reported. Additionally, through April, each …
Zurich Insurance estimates that the overall property and casualty (P&C) claims from the COVID-19 pandemic will be in the region of $750 million for 2020. To put that into context, Zurich’s CFO George Quinn said the expected COVID-19 claim level …
Investigators are trying to determine how a man with apparently no security clearance ended up on a runway at a Texas airport where he was struck and killed by a landing commercial jet. Junin Ko, 22, died on May 7 …
Attorneys for the family of a Missouri nurse who died from COVID-19 filed a claim for death benefits under the state’s workers’ compensation laws. Celia Yap-Banago, 69, died April 21 after caring for a patient with COVID-19 at Research Medical …
