Business Insurance
A woman who attended classes at University of Kentucky facilities but was not technically a student can still pursue her discrimination litigation against the university in which she charges it with failing to adequately address her sexual assault cl...
Posted: Aug 20, 2020
An intellectual property exclusion in a Travelers Cos. Inc. unit’s insurance policy was ambiguous, said a federal appeals court Wednesday in overturning a lower court’s ruling in the Travelers’ favor in a coverage dispute.
Posted: Aug 20, 2020
A worker may pursue his claims for bad faith delay, denial of workers compensation and emotional distress against third-party administrator Helmsman Management Services LLC, the Delaware Superior Court ruled.
Posted: Aug 20, 2020
German drugs and pesticides group Bayer AG said on Thursday it will pay around $1.6 billion to settle the majority of U.S. claims involving its Essure birth-control device.
Posted: Aug 20, 2020
Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss Reinsurance Co. Ltd. and Chinese internet giant Tencent Holdings Ltd., it said on Thursday.
Posted: Aug 20, 2020
The state of Washington did not violate federal law by creating a law to protect workers engaged in cleanup activities at the Hanford Nuclear Site.
Posted: Aug 20, 2020
The National Safety Council has appointed Mark Baker vice president of workplace, the Itasca, Illinois-based nonprofit announced Wednesday.
Posted: Aug 20, 2020
As of Aug. 10, there were 9,515 COVID-19 workers compensation claims reported for July, bringing the total for the year to 31,612 claims, or 10.2% of all California job injury claims in 2020, the California Workers’ Compensation Institute reported Tu...
Posted: Aug 20, 2020
More than one-third of states have accepted COVID-19 as an occupational illness for certain professionals, according to a report released Wednesday by the National Council on Compensation Insurance.
Posted: Aug 20, 2020
Guy Carpenter & Co. LLC, the reinsurance business of Marsh & McLennan Cos. Inc., snagged Jeffrey Livingston from Willis Re and named him to the newly created role of global head of sales, effective Sept. 1.
Posted: Aug 20, 2020
A federal judge on Tuesday dismissed a restaurant group’s suit against its insurance broker, ruling that the damages that the policyholder sought for alleged negligence in placing business interruption coverage were not recoverable under Texas law.
Posted: Aug 20, 2020
Uzbekistan-based Uzbekinvest Insurance Co.'s international reinsurance premiums increased eight-fold to $345 million in the first half of the year.
Posted: Aug 20, 2020
French insurer Axa SA is looking to sell its South Korean operations Axa General Insurance Co. Ltd.
Posted: Aug 20, 2020
Lloyd's of London plans to reopen its underwriting room next month following the closure in March due to the outbreak of the COVID-19 pandemic.
Posted: Aug 20, 2020
Millions of customers of U.S.-based Marriott International Inc. have sued the hospitality firm in London, seeking compensation after their personal details were stolen in a data breach.
Posted: Aug 20, 2020
South Africa-based insurer African Risk Capacity and the Africa Centres for Disease Control and Prevention are working on two insurance models for the COVID-19 pandemic-related risks.
Posted: Aug 20, 2020
The Australian government has set up a $50 million Australia ($36 million) temporary interruption fund to overcome the problem of production insurance and to re-start work on films and TV shows.
Posted: Aug 20, 2020
Hurricane Genevieve brought strong winds and heavy rains to Mexico's southern Baja Peninsula on Aug. 19, and caused flash floods across the resort city of Cabo San Lucas.
Posted: Aug 20, 2020
The Saudi Arabian Monetary Authority said that local insurers' gross written premiums increased more than 6% year-over-year to nearly 13 billion Saudi riyal ($3.5 billion) in the first quarter.
Posted: Aug 20, 2020
Facebook Inc. won preliminary approval late Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent.
Posted: Aug 20, 2020
McGriff has formed McGriff Captive Solutions and named Steve Aldrich to lead it, the commercial broker said in a statement Wednesday.
Posted: Aug 19, 2020
In a pre-COVID 19 case, a federal appeals court affirmed a lower court ruling and held a Miami restaurant is not entitled to business interruption coverage, as well as reimbursement of other expenses, under its insurance policy for business lost beca...
Posted: Aug 19, 2020
The U.S. Occupational and Health Administration needs to hire more investigators and develop plans to distribute whistleblower complaints more evenly among investigators, the U.S. Office of Inspector General said in its recommendations to the agency...
Posted: Aug 19, 2020
You may sell your honey, but you don’t have the freedom to make any reference to the film “Braveheart,” so says actor Mel Gibson, who threatened to sue an organic, home-based honey-maker.
Posted: Aug 19, 2020
Alera Group announced Wednesday it has acquired Utah-based brokerage Banasky Insurance Inc.
Posted: Aug 19, 2020