Avatar Partners Acquisition of Centauri in Hawaii Bolsters Ratings March 20, 2020 The Financial Stability Rating (FSR) of A, Exceptional, has been assigned to Centauri Specialty Insurance Co. in Hawaii due to...
Unconfirmed Tornado in North Texas Damages Roofs, Outbuildings March 20, 2020 At least one unconfirmed tornado tore through part of rural North Texas on Wednesday night, damaging numerous roofs and outbuildings,...
Wisconsin Urges Insurers to Be Flexible with Payments; Offers Guidance on Filings March 20, 2020 The Wisconsin Office of the Commissioner of Insurance (OCI) is asking insurers operating the state to offer flexibility to insureds...
Kansas Suspends ‘Deemed Approved’ Policy; Delays in Licensing, Filing Approvals Likely March 20, 2020 The Kansas Insurance Department reports that the agency has implemented alternative working arrangements for its staff, and that there will...
Cruel Paradox: Beating Virus Means U.S. Recession March 20, 2020 By Paul Wiseman The coronavirus is dealing a death blow to the longest U.S. economic expansion on record, triggering layoffs and putting intense...
European Insurers’ Coronavirus BI Claims Likely to Be Limited: Moody’s, ABI March 20, 2020 Insurers in the UK, France and Germany are likely to face only moderate business interruption (BI) claims as a result...
Swiss Re, Zurich Insurance in Talks with Swiss Regulator About Coronavirus Impact March 20, 2020 By Patrick Winters Switzerland’s top insurance companies are in talks with the financial regulator about the impact of the coronavirus outbreak on their...
Pressure Builds on Insurers to Be Part of Coronavirus Business Solution March 20, 2020 By Andrew G. Simpson While legislators in Washington and states try to fashion financial relief for businesses interrupted by the public health actions related...
$1.2M Sex Discrimination Suit Filed Against Oregon Hospital March 20, 2020 A former pharmacist is suing Central Oregon’s largest health care provider for $1.2 million saying the hospital maintained a hostile...
M5.7 Earthquake in Utah Confirmed March 20, 2020 By Brady McCombs and Lindsay Whitehurst With much of normal life at a screeching halt to combat the coronavirus, millions of people in Utah are hunkered...