State Compensation Insurance Fund in California has started accepting applications for its $50 million Returning California to Work COVID-19 Safety Protocol Fund. The fund will help State Fund policyholders implement new safety measures to combat the spread of COVID-19 as …
The Oregon Department of Consumer and Business Services has issued emergency orders related to COVID-19 for insurance companies providing property/casualty, long-term care, and life and disability insurance. The orders require insurance companies providing these policies to do the following: Provide …
The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in costly class action lawsuits. Treasurer Josh Frydenberg said on Friday that litigation funders will be required to hold an Australian …
Maryland property and casualty insurance consumers will receive more than $250 million in premium relief during the COVID-19 State of Emergency, according to a Maryland Insurance Administration (MIA) press release. As of May 14, property and casualty insurance companies have …
Key segments of the property/casualty insurance industry, which is facing mounting claims for business interruption losses from the pandemic, have thrown their lobbying weight behind a proposed federal program to replace revenues lost by businesses shut down during pandemics like …
The U.S. Equal Employment Opportunity Commission said a northern New Mexico hospital will pay $98,000 to settle a discrimination and retaliation lawsuit filed by the agency. The case against Christus St. Vincent Regional Medical Center in Santa Fe was filed …
An earthquake of preliminary magnitude 5.0 shook a remote area of western Nevada Wednesday morning where a stronger temblor occurred last week, The U.S. Geological Survey confirmed. Nye County sheriff’s Capt. David Boruchowitz said there were no immediate reports of …
The number of COVID-19 cases globally over the next four weeks may reach 50 million total cases, with 644,000 estimated deaths, according to estimates provided by Verisk’s catastrophe modeling unit, AIR Worldwide, on May 20. As of May 19, 2020, …
Coalition, the cyber insurance and security managing general agent, announced it is offering its products and services to Canada-based businesses. The San Francisco-based company described the offering as proactive cyber-security products and services as well as cyber and technology error …
A Paris commercial court has ruled that French insurer AXA will have to pay a restaurant owner two months’ worth of coronavirus-related revenue losses, the restaurant’s lawyer said on Friday. Stephane Manigold, who owns four restaurants in Paris, had filed …