Iowa Republican legislators are fast-tracking a bill that would give meatpacking plants, nursing homes and other businesses broad immunity from coronavirus lawsuits despite criticism that it would also enable them to ignore workplace safety requirements. The bill, which the state …
Senate Republicans are drafting legislation that would let employers choose which government coronavirus safety guidelines to follow in order to be shielded from lawsuits if their customers or workers contract the virus, GOP Senator John Cornyn said Wednesday. Cornyn said …
Lancashire Holdings Ltd. has completed an equity capital raise of approximately £277 million (US$352 million) through the placement of new common shares. The Lloyd’s insurer said it intends to use the proceeds of the placing to fund organic growth and …
Fidelis Insurance Holdings Ltd. announced it has raised $500 million of equity capital from existing investor relationships. On top of the $300 million raised by the company in February, Fidelis has now secured $800 million of additional equity during 2020. …
Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift. The long-awaited 32nd Olympic Games. The list of canned crowd-thrillers that were planned for the coming weeks isn’t just bad …
With the immense financial and operational challenges brought on by the spread of the COVID-19 pandemic, many insurers have had to dramatically cut back on insurtech funding. Insurtech solutions were starting to help insurers improve their commercial customers’ buying and …
Good faith coverage disputes over pandemic-related business interruption coverage don’t have to be fought out in courts, and retroactive rewrites of business interruption coverage language are unfair, according to a plaintiffs lawyer who represents restaurants. John Houghtaling, II, a lawyer …
Maryland further eased restrictions imposed to stop the spread of the coronavirus by allowing businesses to reopen Friday, but some of the state’s largest jurisdictions are waiting to enter Phase 2 of the state’s reopening plan. Governor Larry Hogan announced …
Idaho residents on unemployment could receive a one-time bonus of up to $1,500 to return to work under a plan Gov. Brad Little announced Friday. The Republican governor said the incentive is intended to help get the state’s economy going …
More than 60% of Idaho’s coronavirus-related deaths are among residents of long-term care facilities like nursing homes, according to numbers released by the state on Friday. The Idaho Department of Health and Welfare said that so far 25 long-term care …
