Business Insurance
A dentist in Anchorage, Alaska, who filmed himself riding a hoverboard during a tooth-pulling procedure on a patient who was under anesthesia is in the headlines again.
Posted: Sep 18, 2020
Alliant Insurance Services Inc. on Thursday accused rival brokerage Arthur J. Gallagher & Co. of “forum-shopping and judge-shopping” in filing a suit over alleged staff poaching in a Delaware state court earlier this week.
Posted: Sep 18, 2020
A group of industry associations, medical groups and safety organizations are urging the U.S. House of Representatives to hold hearings about potential workplace safety impacts if marijuana is federally decriminalized.
Posted: Sep 18, 2020
MedRisk Inc. announced changes to its top leadership roles Friday, with CEO Mike Ryan stepping into the executive chairman role and Ken Martino taking his place as CEO and president.
Posted: Sep 18, 2020
German prosecutors opened a homicide investigation on Friday into the case of a patient who died after a hospital in the western city of Duesseldorf was unable to admit her because its systems had been knocked out by a cyberattack.
Posted: Sep 18, 2020
This week’s most popular stories featured broker Arthur J. Gallagher & Co. suing Alliant Insurance Services Inc. in a poaching accusation. A story on Alliant hiring a former Willis Towers Watson PLC M&A specialist was No. 2 for page views for the wee...
Posted: Sep 18, 2020
A report by the Insurance Regulatory and Development Authority of India said that the regulator is considering setting up a pandemic risk pool with a 750 billion Indian rupees ($10 billion) guarantee from the government.
Posted: Sep 18, 2020
Australia-based QBE Insurance Group Ltd. plans to appeal the London High Court's verdict in the U.K. Financial Conduct Authority's business interruption test case, as the ruling would expose the insurer to around $170 million in additional claims.
Posted: Sep 18, 2020
South Korea-based Kia Motors Corp. suspended operations at two of its plants in Gwangmyeong city from Sep. 16, after at least nine workers tested positive for coronavirus.
Posted: Sep 18, 2020
French insurer Axa SA plans to appeal a Paris court's ruling ordering it to pay five restaurant owners' COVID-19 pandemic-related business interruption claims.
Posted: Sep 18, 2020
The General Insurance Association of Singapore has extended relief measures to corporate customers to ease the financial strain caused by the COVID-19 pandemic.
Posted: Sep 18, 2020
U.S. electric carmaker Tesla Inc. won its case against a former employee, who was fired for hacking and transferring company data to third parties, according to court documents filed on Thursday.
Posted: Sep 18, 2020
Gov. Mike DeWine, R-Ohio, has signed into law legislation that protects businesses and others from lawsuits arising from exposure to COVID-19, so long as they do not show intentional misconduct.
Posted: Sep 17, 2020
California Gov. Gavin Newsom on Thursday signed into law measures to make it easier for front-line workers to receive workers comp benefits if they contract COVID-19 on the job and require employers to promptly report potential coronavirus outbreaks...
Posted: Sep 17, 2020
Most companies that own captive insurers plan to increase their use of the alternative risk transfer vehicles in response to difficult insurance market conditions, according to a Marsh LLC report released Thursday.
Posted: Sep 17, 2020
A worker’s depression, anxiety and chronic pain syndrome are casually related to his workplace injury, a Texas appellate court held Tuesday.
Posted: Sep 17, 2020
A Tokio Marine Group unit insurer is not obligated to defend or indemnify a dance and performance company for an accident involving a trampoline under a policy exclusion, a federal district court said Wednesday.
Posted: Sep 17, 2020
Optio Group Ltd., including managing general agents Ascent Underwriting LLP, Cove Programs Insurance Services LLC and Optio Underwriting Ltd., has added active assailant cover to its political violence and terrorism offering.
Posted: Sep 17, 2020
Ki, the digital Lloyd’s of London syndicate launched by Brit Ltd. and Google Cloud, said Thursday it has raised $500 million in capital from private equity firm The Blackstone Group Inc. and Fairfax Financial Holdings Ltd.
Posted: Sep 17, 2020
Zurich North America on Thursday announced its occupational accident and employers work injury liability insurance policy for nonsubscribers to the workers compensation system in Texas.
Posted: Sep 17, 2020
The Oregon Occupational Safety and Health Administration has issued more than $23,000 in fines to two businesses for refusing to carry out steps to help protect workers from the coronavirus disease.
Posted: Sep 17, 2020
Industry veteran John Boylan has launched Arcadian Risk Capital Ltd., a Bermuda-based managing general agent, backed by Third Point Reinsurance Ltd.
Posted: Sep 17, 2020
U.S.-based A.M. Best Co. Inc. expects COVID-19 pandemic-related business interruption claims to hurt U.K. commercial property insurers' earnings this year, following a court's ruling in the Financial Conduct Authority's BI insurance test case.
Posted: Sep 17, 2020
A huge fire at Italy's Ancona port has caused significant damage, but no injuries have been reported so far.
Posted: Sep 17, 2020
Egypt-based Misr Insurance Co.'s premiums increased nearly 4% year-over-year to 9.3 billion Egyptian pounds ($593 million) in the financial year ended June 30.
Posted: Sep 17, 2020