U.S.
U.S. P/C Insurance Industry Net Income Plunges 26 Percent in H1
U.S. P/C insurance industry net income plunged 26 percent in the 2020 first half, as underwriting results and investment gains took a hit from COVID-19, catastrophes and other instabilities, ...
Insureds Seeking Premium Cuts Must Ask State Regulator First, Judge Rules
A federal judge has ruled that State Farm Fire and Casualty Co. does not have to return premiums to a small business customer because of the insured's reduced business during the pandemic. The judge ...
Take a Vacation Anyway, Plus Other Tips for Pandemic Work/Life Balance
Any remote worker can tell you how office demands have invaded the home in 2020 and started creeping into every corner of the day. But Jessica DeGroot is no ordinary worker. She is an expert in ...
Ship Insurers Confront Arctic Headaches as Routes Open Up
When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double the manpower is needed to navigate. Lookout shifts are kept to just one hour, so ...
Executives On The Move at Church Mutual, omni:us, BHSI
Church Mutual hired a former USAA executive who will become CFO after a phased succession process. Claims management software company omni:us brought on an industry veteran as a member of its Senior ...
AIG to Make Zaffino CEO and Duperreault Exec Chairman; Life & Retirement Biz to Separate
American International Group has disclosed significant leadership changes as well as plans to separate its Life & Retirement business into an independent company. Peter Zaffino, currently AIG's ...
Amazon Risks Higher Workers Comp Rates Due to Fulfillment Center Injuries
Injuries in Amazon.com Inc. warehouses could damage more than just the company's reputation. They could start to hurt the e-commerce giant's bottom line, as well. Washington state's workplace safety ...
State Judge Favors Policyholders in COVID-19 Closure Lawsuit
A judge in Durham County, North Carolina has handed down what may be the nation's first dispositive ruling in favor of policyholders in a COVID-19 business-interruption lawsuit. Superior Court Judge ...