September 30, 2020
A New Hampshire man who suffered serious spinal injuries when a stage diver landed on his head during a concert in New Jersey has reached a $2 million settlement with the show’s organizer. Jason Kooken, 46, of Exeter, was injured …
September 30, 2020
Nearly 2 million homes, mostly in the Western U.S., with a rebuilding value of more than $638 billion are at an elevated risk of wildfire damage, a report out today shows. An annual wildfire report from data provider CoreLogic comes …
September 30, 2020
Insurance professionals in the surplus lines sector are busy. Busy adapting to a changing business world during COVID-19. Busy adapting to a changing property/casualty market where standard lines insurers are steadfastly shedding undesirable accounts. Busy adapting to a market that …
September 30, 2020
LL Global, the Windsor, Conn.-based parent company for LIMRA, LOMA and Secure Retirement Institute, has tapped Mark Poklar to lead its insurance research unit. He will report to Alison Salka, senior vice president and head of LIMRA Research. During the …
September 30, 2020
One of the unexpected consequences of the COVID-19 pandemic is that I found myself able to watch a live courtroom proceeding from the comfort of my desk at home (work). The idea of this was totally fascinating to me because …
September 30, 2020
Federal Aviation Administration (FAA) Chief Steve Dickson is due to conduct a two-hour evaluation flight at the controls of a Boeing 737 MAX on Wednesday, a key milestone for the jet to win approval to resume flying after two fatal …
September 30, 2020
Amazon.com Inc. warehouse workers in the U.S. are getting hurt at a higher rate than the industry average, according to an investigative report. The rate of injuries contradicts more rosy assertions the company has made to lawmakers and the public, …
September 30, 2020
Lloyd’s has launched a new “first-of-its-kind” business interruption policy for small-and-medium-sized enterprises (SMEs), specifically designed to protect them against IT disruption or downtime. Parametrix Insurance offers simple and reliable coverage by removing the traditional indemnity trigger that most insurance policies …
September 30, 2020
Hg, the European private equity investor focused on software and service businesses, announced it will make a significant long-term equity investment in Hyperion Insurance Group Ltd., the insurance intermediary. The transaction values the business at an enterprise value of around …
September 30, 2020
Financial firms and governments overwhelmingly see cryptocurrencies as risky, a major survey found on Tuesday, with the potential for bitcoin and other digital tokens for use in money laundering and sanctions busting among the chief worries. Around 60% of respondents …