May 6, 2020
One-way corridors, buffer zones around desks, and clear plastic screens to guard against colleagues’ coughs and sneezes may become office standards after coronavirus stay-at-home orders are lifted, say occupational experts. Government-mandated lockdown orders to contain the global pandemic have radically …
May 6, 2020
This is the first in a series where I intend to respond to pending legislation intended to force insurance companies to make loss related to virus or pandemic a covered cause of loss. There is a great temptation in the …
May 6, 2020
An explosion halted production on Wednesday at a coal mine run by Anglo American in Australia’s northeastern state of Queensland, injuring five people just months after a review of the industry called for better regulation. The incident is the company’s …
May 6, 2020
Business software group SAP disclosed on Tuesday that some of its cloud products did not meet contractual or statutory security standards and said it would take remedial action to fix the problem as soon as possible. The shortcomings were not …
May 6, 2020
OneAdvent, a London-based managing general agent (MGA) platform, announced the acquisition of Modus Underwriting Ltd., a digital-first MGA focused on providing niche property insurance products to brokers across the UK. Modus was purchased from CFC Underwriting for an undisclosed amount. …
May 6, 2020
Temperatures in April were on par with the previous warmest April on record four years ago, with extremely high temperatures in some parts of Europe, Greenland and Antarctica. Above-average global temperatures meant April was just 0.01 degrees Celsius cooler than …
May 6, 2020
Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer Allianz for rejecting business interruption claims during the coronavirus pandemic. Edwin Coe and Harris Balcombe said they wanted to challenge …
May 6, 2020
Louisiana’s chief insurance regulator wants insurers to consider offering premium relief to their commercial auto insurance customers due to the impact of the Coronavirus pandemic. Insurance Commissioner Jim Donelon has called on insurers to consider returning a percentage of premium …
May 6, 2020
Florida partially reopened Monday, allowing restaurants and shops in most of the state to open at 25% capacity in hopes of kick-starting the ailing economy after weeks of coronavirus-related shutdowns. Business owners and customers reacted with emotions ranging from elation …
May 6, 2020
If only 10 percent of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation loss costs for that sector could double or even triple in some states, according to an analysis by the National …