Personal Lines
Pandemic to Change Future of Workers Comp, Personal Auto: Forrester
The global COVID-19 pandemic "will change the insurance industry irrevocably over the coming decade," says a new report from Forrester, with some of the biggest impacts hitting workers compensation ...
Berkshire Hathaway’s Annual Meeting to Feature Buffett and Abel; Munger Won’t Attend
Warren Buffett's Berkshire Hathaway Inc will hold a truncated virtual annual meeting on Saturday where its billionaire chairman will be present but his longtime Vice Chairman Charlie Munger will not. ...
Aon’s C-Level Execs, Most Employees Hit With Pay Cuts Due to Coronavirus Uncertainties
Aon announced it will temporarily cut the pay of the company's named executive officers by 50 percent in response to the COVID-19 crisis. In addition, 70 percent of its global workforce will see a 20 ...
Italy’s Generali Asserts Ability to Remain Independent, Even With COVID-19 Uncertainties
Italy's top insurer, Assicurazioni Generali, said on Saturday it was confident of being able to rebuff a potential takeover bid, thanks to a "solid" group of core domestic shareholders and a strong ...
The Latest Launches From Slice Labs and W.R. Berkley Corp.
Slice Labs has expanded the reach of its cloud-based cyber insurance for small businesses. W.R. Berkley Corp.'s Berkley One expanded into Georgia and Rhode Island. *** Slice Labs said that its ...
Some Auto Insurance Pandemic Rebates Are Too Small: U.S. Consumer Groups
Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett's Geico Corp, are short-changing customers on premium rebates as Americans drive ...
The Latest Launches From Beazley and Erie Insurance
Beazley is launching a new product recall insurance policy for private enterprises in the United States. Erie Insurance is adding gift card and gift certificate reimbursement coverage to the ...
House Judiciary Committee Chair Eyes Ban on Mergers to Protect Small Firms During Pandemic
The chair of the House Judiciary Committee's antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related ...