May 5, 2020
The chair of a House of Representatives committee and a fellow Democratic committee member on Monday urged Jaguar Health Inc. to reverse recent price hikes of a drug that could be used to treat side effects in COVID-19 patients and …
May 5, 2020
RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of new European Severe Convective Storm (EU SCS) High Definition Models. The models represent 50,000 years of simulation of hail and straight-line wind and tornado risk and include …
May 5, 2020
THB, the specialist insurance and reinsurance broker, announced that Matthew Crane has been named chief executive officer of THB Group and president of the International division of AmWINS Group, Inc., global distributor of specialty insurance products and services. Crane succeeds …
May 5, 2020
The U.S. Supreme Court agreed to review a ruling that critics say would give the Treasury Department and Internal Revenue Service a sweeping shield from challenges to their regulations. The justices said Monday they will hear arguments over a reporting …
May 5, 2020
Insurer American International Group Inc. on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money to cover claims related to the COVID-19 outbreak, which it called the single largest catastrophe loss the industry has ever …
May 5, 2020
Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars in losses they face, and what the fallout will be for their massive investment portfolios. Executives, lawyers and analysts say …
May 5, 2020
BKS-Partners, an insurance brokerage and risk management firm headquartered in Tampa, Fla., has appointed Kelly Nash to Regional president. As BKS-Partners Regional president, Nash will take responsibility over the BKS-Partners business, including Commercial Risk Management, Employee Benefits, and Private Risk …
May 5, 2020
Global marine insurer North P&I has entered the blue-water and hull and machinery market with a new insurance product line. The new offering from North is designed for larger ocean-going vessels and will complement the H&M insurance already available from …
May 5, 2020
Neptune Flood, an online flood insurance company, has entered into strategic underwriting partnerships that double its capacity at Lloyd’s. Neptune, a Lloyd’s Coverholder since 2017, is now working with three Lloyd’s syndicates to provide capacity to the U.S. private flood …
May 5, 2020
A Florida nurse filed an equal opportunity complaint alleging her condo rental application was denied because her ICU job brings her in contact with novel coronavirus patients. Jennifer Piraino said she submitted an application to rent a two-bedroom, two-bath condo …