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9 11, 2020

EU Warns of New Wave of Consumer Scams Amid COVID Resurgence

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The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of COVID-19 infections in Europe and said they need to work harder against the spread of disinformation related to …

9 11, 2020

Sedgwick Adds Driggs and Dilisa to Team in Hawaii

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Sedgwick has expanded its property and loss adjusting team in Hawaii with two hires. Dereck Driggs joined as claims manager for the new Oahu branch and executive general adjuster, and Mike DiLisa has joined as regional general adjuster. Driggs has …

9 11, 2020

P/C Insurers Face Workforce, Risk, Policy Challenges as Pandemic Continues

By | November 9th, 2020|Uncategorized|Comments Off on P/C Insurers Face Workforce, Risk, Policy Challenges as Pandemic Continues

Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face challenges related to virus-related insurance losses and premium volume declines in 2021, according to Fitch Ratings. The operational and risk …

9 11, 2020

Top Investor Group Including Allianz Warns Firms to Cut Ties to Coal

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Some of the world’s largest insurers and pension schemes are warning companies they invest in not to finance, insure, build, develop or plan new thermal coal plants or face sanctions, including possible divestment. The Net-Zero Asset Owner Alliance, whose members …

9 11, 2020

Pro Sports Bubbles Offer Coronavirus Safety Lessons for Real World

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The NBA wants to be back in December. The NHL is aiming at games resuming in January. Baseball’s spring training may begin in February, like normal. They almost certainly won’t be in bubbles if and when any or all of …

9 11, 2020

Chubb Names New Country President for Vietnam’s General Insurance

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Global insurer Chubb announced the appointment of Khue Dinh as the new country president for its Vietnam general insurance business. In her new role, Dinh will oversee the operations and business development activities of Chubb’s key business lines in Vietnam …

9 11, 2020

Alabama Settles Terminix Suit Over Trade Practice Violations for $60M

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Alabama has reached a $60 million settlement with Terminix International for systematically overcharging customers for termite services and failing to honor service contracts, Attorney General Steve Marshall announced Thursday. The attorney general said the pest control company committed multiple violations …

8 11, 2020

California Voters Back Ballot Measure Treating Gig Drivers as Contractors

By | November 8th, 2020|Uncategorized|Comments Off on California Voters Back Ballot Measure Treating Gig Drivers as Contractors

Uber, Lyft and other app-based ride-hailing and delivery services spent $200 million in a winning bet to circumvent California lawmakers and the courts to preserve their business model by keeping drivers from becoming employees eligible for benefits and job protections. …

8 11, 2020

Companies Hope to Take California Gig Worker Classification Law Nationwide

By | November 8th, 2020|Uncategorized|Comments Off on Companies Hope to Take California Gig Worker Classification Law Nationwide

Gig economy companies want to turn California voters’ decision to make ride-service drivers contractors into a model for the nation, as several states consider requiring drivers from Uber, Lyft and rival services be treated as employees with higher compensation. Voters …

8 11, 2020

Tropical Storm Eta Expected to Strike Florida Keys, Then North of Tampa

By | November 8th, 2020|Uncategorized|Comments Off on Tropical Storm Eta Expected to Strike Florida Keys, Then North of Tampa

Tropical Storm Eta will hit the Florida Keys overnight, becoming the year’s record 12th named storm to make landfall in the U.S. It’s then set to drift west, build in strength, and make a second run at the Sunshine State …