Business Insurance
The Ohio Bureau of Workers Compensation will defer collection of comp premiums until Sept. 1, the agency said in a statement Thursday.
Posted: May 29, 2020
The Ohio House of Representatives passed a bill Thursday that temporarily provides health care and emergency services providers qualified civil immunity and expands access to workers compensation for certain employees who contract COVID-19.
Posted: May 29, 2020
AssuredPartners Inc. has acquired Cypress Insurance Group Inc., a commercial and personal lines agency in Fort Lauderdale, Florida.
Posted: May 29, 2020
Marijuana users are no more likely to suffer injuries on the job than their coworkers who abstain, according to a study published in the May issue of the medical journal Substance Use and Abuse and conducted by researchers at the University of Britis...
Posted: May 29, 2020
The Pakistan International Airlines (PIA) Airbus SE A320 jet that crashed into a crowded residential district of Karachi last week killing 97 people on board was insured for $19.7 million, an airline document showed.
Posted: May 29, 2020
(Reuters) — A U.S. judge on Thursday said institutional investors, including BlackRock Inc. and Allianz SE’s Pacific Investment Management Co., can pursue much of their lawsuit accusing 15 major banks of rigging prices in the $6.6 trillion-a-day fore...
Posted: May 29, 2020
Data from the Australian Prudential Regulation Authority showed that general insurers reported a $1 billion Australia ($663 million) loss in the first quarter.
Posted: May 29, 2020
An investigation by the Australia Maritime Safety Authority found serious concerns with the way the load was secured on cargo ship APL England, which lost 40 containers in rough seas off the coast of New South Wales on May 25.
Posted: May 29, 2020
The Society of Motor Manufacturers and Traders has said that the COVID-19 pandemic is expected to cost the U.K. car industry up to £12.5 billion ($15.4 billion) in revenues in April.
Posted: May 29, 2020
Gross written premiums increased nearly 6% year-over-year to more than €39 billion ($43 billion) in 2019 in Central and Eastern Europe.
Posted: May 29, 2020
South Korea-based corporate analysis firm CEO Score said that the output of 17 of the country's 29 major business sectors declined in the first quarter due to the coronavirus pandemic.
Posted: May 29, 2020
A U.S. unit of Tokio Marine Group of Cos. filed a motion to dismiss a Las Vegas restaurant chain’s coronavirus-related business interruption suit on Tuesday.
Posted: May 28, 2020
Pandemic-related putative securities class-action lawsuits were filed this week by shareholders against Carnival Corp. and a biopharmaceutical company that allegedly falsely promised a vaccine.
Posted: May 28, 2020
Arizona filed a consumer fraud lawsuit against Alphabet Inc.'s Google LLC on Wednesday, alleging that the U.S. tech giant used "deceptive" and "unfair" practices to obtain the location data of users.
Posted: May 28, 2020
The Louisiana Senate on Wednesday passed legislation that allows any state-licensed physician to recommend medical marijuana and expands which conditions are eligible for its use.
Posted: May 28, 2020
Jennifer Torneden, formerly senior vice president and head of distribution and broker partnerships at Aon PLC, is joining life insurer Legal & General America Inc. as vice president of sales and strategic growth, effective Monday.
Posted: May 28, 2020
A firefighter’s widow can pursue death benefits despite her husband’s earlier workers compensation settlement agreement releasing the insurer from all future claims made by his dependents.
Posted: May 28, 2020
The specialty marketplace for cannabis operators and the broader insurance market as a whole are tightening, and policy language is being revised as insurers respond to COVID-19, speakers said during a Business Insurance webinar Wednesday.
Posted: May 28, 2020
Pie Insurance Holdings Inc. has secured $127 million in new financing to continue to expand its small business workers compensation line, the three-year-old insurtech firm announced in a statement Thursday.
Posted: May 28, 2020
The Pennsylvania Senate unanimously passed a bill Wednesday to require employers who have certified safety committees as part of their workers compensation programs to include information about the risks associated with opioid use.
Posted: May 28, 2020
Getting googly-eyed over an ergonomic chair you spotted online? Those stuck working from home for Google can expense it. No, really.
Posted: May 28, 2020
Louisiana lawmakers are considering a bill that would limit liability on several fronts during the COVID-19 public emergency, limiting the ability for people to sue businesses over virus exposure.
Posted: May 28, 2020
Security experts at Alphabet Inc.'s Google sent 1,755 warnings in April to users whose accounts were targets of government-backed attackers, following a resurgence in hacking and phishing attempts related to the coronavirus outbreak.
Posted: May 28, 2020
A lawsuit filed against Fox News for its allegedly “erroneous” and “incomplete” coronavirus coverage violates its First Amendment protections, a state court ruled in dismissing the litigation.
Posted: May 28, 2020
Data from the Insurance Council of New Zealand showed that insurers paid nearly $168 million New Zealand ($104 million) in weather-related claims last year.
Posted: May 28, 2020