May 12, 2020
Airmic, the UK association for risk and insurance professionals, has urged the insurance market to adopt a more responsible and business sensitive position on the COVID-19 pandemic or risk long-term damage to trust and reputation and loss of customers. “With …
May 12, 2020
Many of the City of London’s bankers and traders will be working from their kitchens or bedrooms for at least a year under some scenarios being planned by finance companies in Britain. Banks, insurance companies and asset managers have had …
May 12, 2020
A New Mexico funeral home broke the legs of the body of a tall man so he could fit into a smaller coffin, a new lawsuit said. The family of Dakota Powell filed last week a lawsuit in state district …
May 12, 2020
A moderate earthquake shook a remote desert area east of San Diego Sunday, but there were no immediate reports of damages or injuries, the U.S. Geological Survey confirmed. The magnitude 4.5 quake struck at 3:07 p.m. and was centered about …
May 12, 2020
Global average commercial insurance prices increased 14% in the first quarter of 2020 – but the rate hikes were not due to the COVID-19 pandemic, according to insurance broker Marsh in its quarterly Global Insurance Market Index. Although the COVID-19 …
May 12, 2020
A beach bordering two Southern California counties reopened Monday with some restrictions as parts of the state slowly reopened public spaces and businesses. Seal Beach in northern Orange County allowed running, walking and surfing starting at sunrise. “The beaches are …
May 12, 2020
Officials in the U.S. have undermined hopes of a successful economic reopening because they’ve garbled public messaging, never clearly explaining why strict lockdowns were imposed in the first place. They’ve failed to communicate what the lockdowns are achieving for us, …
May 12, 2020
The family of a woman who was paralyzed when she was struck by a falling telephone pole as she waited for a bus is to receive $125 million to settle a lawsuit against Verizon. Maria Meister was commuting from Union …
May 12, 2020
DeCotis Specialty Insurance has hired Jessica Bergstrom as a broker based in its Providence, R.I., office. Bergstrom has more than 20 years of experience as an underwriter in both standard and surplus lines markets. In her new role as a …
May 12, 2020
The IMA Group has hired Doug Markham, a healthcare and managed care industry veteran with more than 25 years of experience, as chief strategy officer. Markham has a background in healthcare, insurance, claims and managed care services. Prior to joining …