National News

CoreLogic Says It Will Only Open Its Books If Bidders Increase Takeover Offer

Property data and analytics firm CoreLogic Inc. said on Monday it would not open its books to investment firms Senator Investment Group LP and Cannae Holdings Inc. unless they raise their $7 billion offer to buy the company. Earlier in …

Risk of Airborne Coronavirus Adds to Challenge of Making Workspaces Safe

U.S. companies are raising new questions about how they can make workplaces safe after the world’s top public health agency acknowledged the risk that tiny airborne droplets of the novel coronavirus may contribute to its spread, industry healthcare consultants said. …

U.S. Extends Ban on Cruise Ships Through September as Coronavirus Cases Rise

Federal health officials are extending the U.S. ban on cruise ships through the end of September as coronavirus infections rise in most U.S. states, including Florida. The Centers for Disease Control and Prevention announced Thursday that it was extending a …

Personal Lines Insurance Poised to Turn Profit in 2020 As Auto Claims Fall: Fitch

After a profitable 2019, the U.S. personal lines insurance sector is positioned to see underwriting profits in 2020 even with considerable economic uncertainty from the coronavirus pandemic, according to a report from Fitch Ratings. The ongoing pandemic is “substantially affecting” …

Investors Sue Deutsche Bank, Executives Over Compliance Fine Linked to Epstein

FRANKFURT/NEW YORK— Investors are suing Deutsche Bank and its CEO Christian Sewing, alleging the bank made false and misleading statements before it agreed to pay a $150 million fine for compliance failures linked to disgraced financier Jeffrey Epstein. The lawsuit …

Big InsurTech Connect Conference Moves From Vegas to Virtual

A surge in COVID-19 cases is forcing InsureTech Connect – one of the world’s largest insurance technology conferences – to go fully digital for its annual fall gathering. ITC has scheduled ITC World Tour, a virtual world tour with various …

Insurers Shift Real Estate Investments from Offices to Warehouses

Global insurers want to increase investments in commercial warehouses as their stakes in office space become riskier because of employees working remotely during the novel coronavirus pandemic, Goldman Sachs Asset Management (GSAM) executives said. The pandemic is hastening a shift …

Amynta Group Acquires Surety Operations of Aspen Insurance

Amynta Group, a provider of property/casualty and warranty protection products and services, has acquired the surety operations of Aspen Insurance. The business will now operate as Amynta Surety Solutions. As part of the transaction, Amynta said it will partner with …

A Look at the 32% of Businesses Located in Hurricane-Vulnerable Counties

As the 2020 hurricane season gets underway, emergency officials pay attention to the growing share (29%) of the U.S. population in the nation’s 255 coastline counties. They’re also looking at ways to minimize the impact of a hurricane on coastline …

GOP’s Proposal Limits Virus Liability Claims Against Businesses, Schools, Caregivers

Senate Majority Leader Mitch McConnell wants to give federal courts jurisdiction over liability claims arising from coronavirus infections to limit the legal exposure of businesses, schools and other organizations as they reopen, according to a summary of legislation he plans …

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