Before the coronavirus outbreak, furniture deliveries at Sunnyland Outdoor Living meant two employees sitting side-by-side in a truck. Now, one will be driving the truck while the second follows in a car. And when Sunnyland’s workers reach a customer’s home, …
A German federal court judge cast doubt on Volkswagen’s reasoning after the carmaker urged the court to dismiss a claim for damages brought by an owner of a diesel powered VW Sharan family van. Tuesday’s proceedings were the first time …
Maryland Governor Larry Hogan announced Friday he has appointed Kathleen Birrane to be Maryland’s insurance commissioner. Hogan announced the appointment to replace Al Redmer, who has been appointed executive director of the Maryland Auto Insurance Fund. Birrane is former principal …
Maryland Insurance Commissioner Al Redmer Jr. has been named executive director of Maryland Auto Insurance. Redmer will leave his position as Maryland Insurance Commissioner to join Maryland Auto Insurance on May 18, 2020. Redmer is Maryland’s longest serving insurance commissioner. …
The chair of a House of Representatives committee and a fellow Democratic committee member on Monday urged Jaguar Health Inc. to reverse recent price hikes of a drug that could be used to treat side effects in COVID-19 patients and …
RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of new European Severe Convective Storm (EU SCS) High Definition Models. The models represent 50,000 years of simulation of hail and straight-line wind and tornado risk and include …
THB, the specialist insurance and reinsurance broker, announced that Matthew Crane has been named chief executive officer of THB Group and president of the International division of AmWINS Group, Inc., global distributor of specialty insurance products and services. Crane succeeds …
The U.S. Supreme Court agreed to review a ruling that critics say would give the Treasury Department and Internal Revenue Service a sweeping shield from challenges to their regulations. The justices said Monday they will hear arguments over a reporting …
Insurer American International Group Inc. on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money to cover claims related to the COVID-19 outbreak, which it called the single largest catastrophe loss the industry has ever …
Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars in losses they face, and what the fallout will be for their massive investment portfolios. Executives, lawyers and analysts say …
