S&P Expects States to Lose Bids to Mandate Coronavirus Business Interruption Coverage May 4, 2020 By Mark Hollmer Standard & Poor’s said it does not expect state legislators to succeed in their efforts to retroactively expand business interruption...
Updated: Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis May 1, 2020 The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus...
Virtual ‘Woodstock for Capitalists’ May Show How Buffett’s Handling Coronavirus May 1, 2020 By Jonathan Stempel Berkshire Hathaway Inc.’s annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a...
Willis Towers Watson Extends Specialized Broking Program to Financial Institutions May 1, 2020 Willis Towers Watson has formed Financial Institutions Differentiated Broking Solutions (FI DBS), an expansion of the DBS program for general...
Non-Life Insurance Claims from Pandemic to Surpass 9/11 Claims: Willis Towers Watson May 1, 2020 Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes...
CEO Musk Replaces Tesla’s D&O Policy with ‘Personal Coverage’ May 1, 2020 By Andrew G. Simpson Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company’s...
States Under Pressure to Lift Coronavirus Restrictions as Unemployment Grows May 1, 2020 By Doina Chiacu and Maria Caspani As White House economic reopening guidance expired on Thursday after two weeks in place, half of all U.S. states forged...
Trump Administration Defends Workplace Safety Record During Coronavirus Crisis May 1, 2020 By Daniel Wiessner and Tom Hals U.S. Labor Secretary Eugene Scalia on Thursday defended his department’s handling of workplace safety during the coronavirus pandemic, saying “the...
Nationwide’s Left the Building. Insurer Makes Remote Work Permanent in 5 States. April 30, 2020 Nationwide said it plans to permanently transition to a hybrid operating model that comprises primarily working-from-office in four main corporate...
How Cruise Ticket Legal Language May Foil Class Action Suits April 30, 2020 By K. Oanh Ha After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so frantic...