Personal Lines
Is COVID Physical Damage? Plaintiffs Relying on Bacteria, Ammonia and Cat Urine Rulings
In 1963, congregants noticed a strange odor in the basement of the First Presbyterian Church in Littleton, Colo. Some suspected a gas leak or maybe spilled stationary ink. Others thought the smell ...
Allstate to Grab National General in $4B Cash Offer
U.S. Insurer Allstate Corp said on Tuesday it will buy National General Holdings Corp for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed ...
Managing a Pandemic: Are There Lessons From Catastrophe Modeling?
COVID-19 isn't the first and won't be the last pandemic to threaten the well-being of the global population, but it will likely turn out to be the worst in the last 100 years. It would be hard to ...
CoreLogic Rejects Unsolicited Bid, but Willing to Meet Bidders
CoreLogic's Board has unanimously rejected an unsolicited bid from an investment firm and hedge fund, calling it undervalued and not in the best interest of shareholders. The action is in response to ...
Argo Group Searches for New CFO, Updates Leadership Responsibilities
Argo Group International Holdings has started searching for a new chief financial officer and is updating responsibilities for its senior leadership team in a broader, related move. The Bermuda-based ...
Aviva Brings on Ex-Zurich Exec Blanc as CEO, Replacing Tulloch
Aviva plc appointed former Zurich Insurance executive Amanda Blanc as its new chief executive officer. She succeeds Maurice Tulloch, who has stepped down from the role for family health reasons. ...
Torrential Rain, Thunderstorms Batter Parts of China, Creating Flood Risks
The central Chinese city of Wuhan, epicenter of the new coronavirus pandemic, raised its flood alert level on Monday as torrential rain and thunderstorms battered swathes of the country, including ...
Aon Ends Most COVID-19-Related Salary Cuts Except for Named Executives
Aon will end the salary cuts implemented in May as a response to the economic uncertainties caused by the COVID-19 pandemic. Effective July 1, Aon ended the salary cuts and will colleagues for the ...