Specialty
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 ...
UK Insurers Must Pay More Coronavirus Claims: Parliamentary Committee
Insurers need to pay out on more claims related to the coronavirus pandemic, according to the head of the UK parliamentary committee that oversees the financial industry. "We are concerned that the ...
States Increasingly Expand Workers Comp Eligibility in COVID-19 Cases
Sympathetic state lawmakers and regulators in states both red and blue promise to make COVID-19 a major cost driver for workers' compensation insurers. The governors of Kentucky, Arkansas, North ...
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 ...
Reinsurance Rendez-Vous 2020 Canceled Due to Coronavirus Pandemic
The 64th Rendez-Vous de Septembre (RVS) in Monaco, which was scheduled to be held Sept. 12-17, has been cancelled due to the uncertainties linked to the coronavirus pandemic. For 63 years, the RVS ...
Executives On The Move at Everest Insurance and AXIS
Everest Insurance made changes to its Commercial Casualty leadership team. AXIS Insurance appointed its first head of Strategy and Innovation for the company's Global Cyber and Technology unit, ...
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 ...