If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole may be pretty much a wash. It not, the industry may be on the verge of an historic catastrophe. A …
Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk, global insurance regulators said. Disputes over cover for businesses struggling to stay afloat during coronavirus lockdowns have erupted in countries …
A California appeals court on Tuesday overturned most of a 2017 jury verdict awarding Quincy Jones $9.4 million in royalties and fees from the Michael Jackson estate over the use of Jones-produced Jackson hits in the concert film “This Is …
Representatives of fitness clubs, amusement parks and youth baseball on Tuesday told a task force on reopening New Hampshire’s economy that they are prepared to make a variety of health and safety adjustments so they can operate during the coronavirus …
A former Northern California business executive and his companies will pay $1.8 million to settle a lawsuit by the state accusing him of sexually harassing a female employee, according to a newspaper report. California officials announced the settlement last week …
Leech Tishman Fuscaldo & Lampl LLC has hired Michael H. Sampson as a partner in the Litigation Practice Group. Sampson will also serve as chair of the firm’s Insurance Coverage Group as well as co-chair of the Cannabis Group. He …
Preferred Mutual Insurance Company has appointed two new members to the company’s board of directors. Joining the board are Heidi Hoeller, retired partner at PricewaterhouseCoopers (PwC), and Dr. Michael Hayduk, deputy director of the Information Directorate for the Air Force …
Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis in excess of 1 billion euros ($1.08 billion) this year after it posted a 65% drop in first-quarter profit. The …
The Federation of European Risk Management Associations (FERMA) announced the launch of a task force to create proposals to address the issue of business interruption coverage for catastrophic risks. “Our aim is to support the creation of economies that are …
Chris Snider has been named head of Risk Services for Zurich Canada. Formerly the manager of Risk Services – Property, Snider fills a role that was vacated by Scott Thomas, who was named Head of Human Resources. Snider has been …
