Commercial Lines
Wary Credit Insurers Pull Back, Leaving Suppliers and Retailers in a Bind
Gold Medal International is sitting on millions of dollars worth of socks at its North Carolina warehouse that it can't ship to stores. The reason? The 66-year-old family-owned sock maker can't get ...
European Insurers Urge Regulators to Avoid Banning Dividends Due to COVID-19
Global regulators should not ban insurers from paying dividends as a result of COVID-19 and should give firms more time to report their capital positions, European insurers said on Monday. The ...
Munich Re Saw COVID-19 Claims Slow Down in Q3
German reinsurance group Munich Re said on Monday that claims related to the coronavirus pandemic have slowed so far in the third quarter but that it expects hits from a series of hurricanes in North ...
New Fitness Band Analyzes Your Emotional State and Body: Risk Alerts
Amazon's new Halo Band can analyze your emotional state while it tracks your fitness. Colorado and Massachusetts are now offering weed vending machines. *** Amazon's new Halo fitness band and ...
British Entertainment Industry Seeks Government Insurance Help
British theaters and live music venues say the show will only go on if the government provides a financial backstop, as the COVID-19 pandemic means they can no longer get commercial insurance. While ...
U.S. Commercial Insurance Prices Continued Robust Climb in Q2 as Uncertainty Mushroomed
U.S. commercial insurance prices continued their robust climb in the 2020 second quarter, rising by close to 10 percent overall compared to the same period a year ago, according to Willis Towers ...
U.S. Insurers Slammed by Natural Disasters Catch Partial Break on Pandemic
As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the novel coronavirus is giving them an odd financial break. Many ...
Employee Safety, Fraud and Facility Shutdown Among Top Concerns of Midsize Businesses: Report
Not surprisingly, pandemic risks are among the top concerns for midsize businesses in 2020, tying for the No. 3 spot and beating out reputational risks, regulatory issues and risks related to climate ...