Specialty
Progressive Adds Pet Insurance Coverage as Voluntary Employer Benefit
Progressive now offers pet insurance, with an eye on selling it by way of an employer-offered voluntary benefit. The Ohio-based property/casualty insurer said the new product comes through a ...
Missouri Judge Rules Business Owners Can Sue Carrier Over Coronavirus Losses
A federal judge in Missouri said on Wednesday a group of hair salons and restaurants can sue their insurance carrier for business interruption losses caused by the coronavirus pandemic, which they ...
Coronavirus Costs Deal Relatively Modest Blow to Major U.S. Insurers
The coronavirus pandemic dealt a relatively modest $2.5 billion blow to five insurers with large U.S. operations in the second quarter - a cost that was far less than feared and which the industry ...
Beyond Facts, Good Leaders Also Follow Gut Instincts
In a rapidly changing business climate, executives must nurture their intuition as much as they rely on facts and figures to make decisions. A recent posting on the Great Leadership Blog argues as ...
A Record 25 Named Tropical Storms Could Strike This Year
The U.S. National Oceanic and Atmospheric Administration (NOAA) last Thursday predicted up to 16 more named tropical storms this year, to as many as 25, the highest in the agency's history. The 2020 ...
McConnell’s Push for Coronavirus Liability Shield Reaches Crucial Phase
Senate Majority Leader Mitch McConnell's insistence that legal liability protections for businesses, schools and colleges be included in any new coronavirus relief bill is approaching a moment of ...
With an Eye on COVID-19, Lloyd’s Selects 10 InsurTechs for Innovation Program
Lloyd's announced the latest cohort of InsurTech startups that will join its Lloyd's Lab innovation accelerator program. Their focus will be on COVID-19 products and services. The InsurTechs will ...
Companies Risk Substantial Loss of Annual Profit Due to Supply Chain Shocks
Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyber attacks, pandemics and climate change, according to McKinsey & Co., which estimates ...