May 4, 2020
Hackers put more than half a million login details for the teleconferencing app Zoom on the dark web, the Sunday Times newspaper reported. The logins were put up for sale at 1 pence (1.25 cents) each and were discovered and …
May 4, 2020
HSBC Holdings PLC said on Monday its insurance unit had agreed to acquire its China life insurance venture partner’s 50% stake to own fully the company under the new rules on foreign ownership that came into effect in January. The …
May 4, 2020
International insurance broker Gallagher announced the release of a Pandemic Group Insurance product, providing a comprehensive COVID-19 indemnity cover solution to the India market. For essential workers and front-line services including hospital and healthcare providers, food distribution, and pharmaceutical manufacturers, …
May 4, 2020
Police in North Carolina have accused a group of teenagers and children as young as 9 of stealing more than $1.1 million in vehicles from car dealerships. Investigators think 19 suspects ranging in age from 9 to 16 were responsible …
May 4, 2020
Grange Insurance Co., based in Columbus, Ohio, and AmeriTrust Group Inc. in Southfield, Michigan, are offering relief plans to business insurance customers in response to the COVID-19 pandemic. Grange Insurance has launched Businessowner Policy (BOP) payback, which will return 20% …
May 4, 2020
Midwest Insurance Agency Alliance Inc. (MIAA) has hired Clayton Gravatt as regional vice president for Nebraska, Kansas and Missouri. Gravatt will be responsible for overall business development, membership service, and insurance company relations for all MIAA member agencies in this …
May 4, 2020
President Donald Trump has approved a disaster request from South Carolina Gov. Henry McMaster following tornadoes and severe weather that hit the state last month, according to a Saturday news release. Nine people died in South Carolina as a result …
May 4, 2020
The top Republicans in the U.S. Congress displayed a united front on Friday in their drive for coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation. Senate majority leader Mitch McConnell and …
May 4, 2020
Self-driving cars, trucks, sidewalk robots and shuttles are rolling out of the labs and parking garages and onto American streets to help deliver groceries, meals, and medical supplies. Although self-driving car companies have paused on-road testing in the U.S., as …
May 4, 2020
The Hartford’s 2020 first-quarter numbers are yet another example of the coronavirus pandemic not yet affecting underwriting results in a major way. But net income took a big hit. First-quarter net income came in at $268 million, or $0.74 per …