New York City restaurants can resume indoor dining on Sept. 30 at 25% capacity with temperature checks for customers and other restrictions, Governor Andrew Cuomo said Wednesday. Cuomo said all customers will undergo temperature checks at the door and one …
One the worst cyberattacks yet against Connecticut’s capital city forced officials to postpone the first day of school Tuesday, disrupting the day for thousands of families as city computer experts rushed to restore systems vital for school operations. Hartford Mayor …
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Securitas Insurance Partners LLC, a specialty brokerage focused on the retail insurance and risk management needs of venture capital and private equity backed portfolio companies. Terms …
Preferred Mutual Insurance Company has hired Michelle Raue as senior vice president of claims. In this role, Raue will be responsible for building the vision and executing the strategy to deliver an innovative and differentiated claims experiences for the organization, …
Ransomware attacks grew by nearly 50 percent in the 2020 second quarter compared to the first three months of the year, underscoring the risks created by pandemic-related work-from-home requirements, a new Coalition report has determined. On top of that trend, …
Chubb Limited announced that Diego Sosa has been named regional president, Far East. Currently, chief operating officer for Chubb in Brazil, Sosa in his new role will have overall responsibility for the management and business results of Chubb’s general insurance …
American International Group announced that Chris Rash has been appointed chief executive officer of Talbot Underwriting, which operates within the Lloyd’s Insurance Market through Syndicate 1183. Rash has also been appointed to the Talbot Underwriting board. He will oversee all …
Munich Re has stopped selling coverage to protect against business losses in future pandemics after the German reinsurer took a 1.5 billion-euro ($1.8 billion) virus-related hit in the first half. “We are currently examining whether we will offer new contracts …
As evidence grew this spring that the drug remdesivir was helping COVID-19 patients, some Wall Street investors bet on analysts’ estimates that its maker, Gilead Sciences Inc., could charge up to $10,000 for the treatment. Then a small but increasingly …
Fitch Ratings said yesterday its ratings outlook for companies in the global reinsurance sector will continue to remain negative as a result of hefty coronavirus claims and low interest rates. The good news for companies, however, is that the market …
