May 26, 2020
A church in Mississippi was destroyed by a suspected arson fire, about a month after its pastor filed a lawsuit challenging the city of Holly Springs on gathering restrictions amid the coronavirus outbreak. First Pentecostal Church in Holly Springs, Mississippi, …
May 26, 2020
French reinsurer SCOR announced that its Chairman & CEO Denis Kessler will receive 30% less in his annual variable compensation for 2019, which is equal to €325,260 (US$354,333). In addition, the company has decided to cancel its 2019 dividend. Kessler’s …
May 26, 2020
A European Union framework is needed to provide insurance cover for catastrophes such as pandemics and huge cyber attacks, the Federation of European Risk Management (FERMA) said on Tuesday. This would involve public-private partnerships and could cover events which hit …
May 26, 2020
As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against further spread of the coronavirus. Workers and their families …
May 26, 2020
A Paris court ruled last week that AXA should pay a restaurant owner two months of revenue losses caused by the virus pandemic. AXA had argued its policy did not cover business disruption caused by the health crisis. Stephane Manigold, …
May 26, 2020
With forecasters predicting another intense Atlantic hurricane season with as many as 13 to 19 named storms, disaster preparedness experts say it’s critically important for people in evacuation zones to plan to stay with friends or family, rather than end …
May 25, 2020
Republicans pushed a sweeping coronavirus measure through the GOP-controlled Kansas Legislature on May 22, aiming to shield businesses and health care providers from coronavirus-related lawsuits and take control of the state’s pandemic response from Democratic Gov. Laura Kelly. Some Democrats …
May 25, 2020
We are becoming a nation of amateur actuaries, calculating the risk of restarting our lives. Can we go outside? Can we go back to work? Can we go to a restaurant or bar? Can we go to the beach? Can …
May 22, 2020
Gov. Roy Cooper is letting North Carolina restaurants, barber shops and salons welcome patrons inside starting this holiday weekend, reporting on Wednesday that the state’s COVID-19 trends remain largely stable. But bars, gyms and other indoor entertainment venues will remain …
May 22, 2020
Texas-based farm mutual insurance company, Germania Insurance, is extending its Reduced Driving Payback through June, raising its total reimbursement to policyholders to nearly $9 million in credits. Germania announced its Reduced Driving Payback program in April for personal auto policyholders. …