Zoom Video Communications, which has seen its stock zoom by 115% since January, is being sued by a Sacramento user who claims the service unlawfully discloses users’ personal information. The video service has enjoyed a surge in downloads of its …
The property/casualty industry estimates that business interruption losses from the coronavirus just for small businesses in the U.S. could be between $220-$383 billion per month — or a quarter to half of the total industry surplus available to pay all …
While the property/casualty insurance industry is fighting attempts to force it to pay for the huge business income losses that it says most policies were never intended to cover, some individual insurers are finding small ways to assist the businesses …
Drivers for the online food delivery service Postmates Inc. are employees who are eligible for state unemployment insurance, New York’s top court has ruled. The ruling upsets the “gig” business model of courier service Postmates and other platforms like transportation …
As state insurance regulators monitor and respond to the coronavirus impact on insurance, property/casualty insurers are calling on them to coordinate their requests for data and ease up on some requirements. David A. Sampson, president and CEO of the American …
Insurance industry professionals might take some pride in knowing that they are considered essential. In states where only essential businesses are allowed to keep operations going during the coronavirus epidemic, it appears insurance employees can continue to work. Of course, …
The number of ransomware attack notifications against insurance clients increased by 131 percent in 2019 and the funds demanded by the attackers surged along with the counts. A new report from specialty insurer Beazley’s Breach Response (BBR) Services, cybercriminals have …
While legislators in Washington and states try to fashion financial relief for businesses interrupted by the public health actions related to coronavirus, outside pressure is mounting on private property/casualty commercial insurers to do more than explain why insurance coverage is …
Pennsylvania-based Inovio Pharmaceuticals is the target of a planned class action lawsuit alleging it falsely claimed it has developed a vaccine for COVID-19 that would go into testing as soon as next month. But the pharmaceutical firm has said the …
People with work they are passionate about say it doesn’t even feel like a job. But that doesn’t have to mean one’s sole motivation has to come from the work itself. People can also be motivated by the salary and …
