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Posted: Mar 16, 2020
The Risk & Insurance Management Society Inc. on Saturday said it is holding meetings into early next week on its plans for its 2020 conference scheduled for Denver May 3-6 after state and city authorities in Colorado clamped down on large meetings am...
Posted: Mar 14, 2020
A worker whose left arm was amputated after an accident may proceed with his lawsuit for “intentional wrong” against his employer.
Posted: Mar 13, 2020
A QBE unit is not obligated to pay any part of a $750,000 jury award to a scrap metal company because of the firm’s failure to present the jury with special-interrogatory verdict forms so it could determine what part of the award was insurable, a fed...
Posted: Mar 13, 2020
A judge in Pennsylvania on Thursday granted permanent total disability to a police officer with a history of chest pain caused by mental anguish and at least one panic attack, whose condition was “aggravated” to now include post-traumatic stress diso...
Posted: Mar 13, 2020
CHUBBY but not FATTY; DRUNK but not TIPSY …,” reads a complaint filed by the American Civil Liberties Union against the Rhode Island Department of Motor Vehicles over its assessment of which vanity plates are considered offensive.
Posted: Mar 13, 2020
Two topics dominated this week’s news: Aon’s blockbuster deal to buy Willis Towers Watson and the growing coronavirus outbreak. Together they accounted for eight stories in this week’s Top 10.
Posted: Mar 13, 2020
(Reuters) — Assicurazioni Generali S.p.A, Italy’s biggest insurer, on Friday joined a rising number of companies that have rushed to provide funds to fight the coronavirus crisis.
Posted: Mar 13, 2020
(Reuters) – Italy’s biggest insurer Generali Group confirmed all its targets through 2021 on Friday, after posting a record operating result for 2019, despite coronavirus-related uncertainty and soaring market volatility.
Posted: Mar 13, 2020
U.A.E.-based Oman Insurance Co. PSC is considering bidding for the Middle Eastern operations of French insurer Axa SA.
Posted: Mar 13, 2020
U.K.-based construction and farm machinery maker CNH Industrial NV has suspended operations at four plants in Italy due to the coronavirus outbreak.
Posted: Mar 13, 2020
Rajan Wadhera, president of the Society of Indian Automobile Manufacturers, said that supply chain disruptions as a result of the coronavirus outbreak are likely to "critically" hamper the country's automobile production.
Posted: Mar 13, 2020
Germany-based reinsurer Hannover Re SE has increased the size of its retrocession reinsurance sidecar facility K-Cessions to $680 million for this year.
Posted: Mar 13, 2020
Kenya Reinsurance Corp. Ltd. is thinking of setting up a retakaful subsidiary in Egypt.
Posted: Mar 13, 2020
Swiss Re Ltd. has named Hadi Riachi as chief executive of its India branch, effective April 1.
Posted: Mar 13, 2020
A storm caused heavy rains, high-speed winds and clouds of dust in Egypt on March 12, resulting in property damage, power outages, road closures.
Posted: Mar 13, 2020
The South by Southwest music, technology and film festival in Austin, Texas will foot costs related to the event getting canceled, as disease outbreak was excluded from its insurance cover, a spokesman said on Thursday.
Posted: Mar 12, 2020
Posted: Mar 12, 2020
A report issued earlier this week by two consumer organizations that charges the insurance industry has created a “fake” crisis allegedly generated by high jury awards is “methodologically flawed,” the American Property Casualty Insurance Association...
Posted: Mar 12, 2020
A federal judge on Tuesday ruled a vending machine company worker who injured his knee, was cleared by doctors to return to work but fired over accommodations can seek redress from his employer over alleged discrimination and other issues.
Posted: Mar 12, 2020
A commissioner failed to explain why she denied an injured man’s workers compensation claims for hearing loss, the South Carolina Supreme Court held Wednesday.
Posted: Mar 12, 2020
AssuredPartners Inc. has bought San Diego-based agency Wateridge Insurance Services Inc., the brokerage announced Thursday.
Posted: Mar 12, 2020
The Lloyd’s Market Association on Thursday issued policy language that would temporarily extend coverage for existing policyholders if the market is forced to close due to the coronavirus pandemic.
Posted: Mar 12, 2020
State and federal lawmakers hoping to stay ahead of COVID-19 are introducing legislation to address infectious disease measures, emergency funding and unemployment and sick leave pay.
Posted: Mar 12, 2020
Global economies could fall into recession as a result of fallout from the spread of the new coronavirus, Swiss Reinsurance Co. Ltd said in a report Thursday.
Posted: Mar 12, 2020