Canadian hospitality businesses, already reeling from the downturn sparked by the coronavirus pandemic, are facing yet another existential threat as insurance companies spike premiums or exit the space, citing losses and the sector’s risks. Even before COVID-19, insurers globally were …
Hong Kong scrapped trading of stocks and bonds Tuesday after tropical storm Nangka prompted authorities to shutter businesses and close schools. The move came after the Hong Kong Observatory kept its storm signal at No. 8, the third-highest on its …
Erie Insurance, based in Erie, Penn., has announced a series of senior leadership changes within the Claims, Sales & Products and Information Technology divisions. The organizational changes are in conjunction with the January 2021 retirement of Chris Zimmer, senior vice …
New York City handed out 62 tickets amounting to more than $150,000 in fines during a weekend crackdown on violators of newly imposed restrictions in coronavirus hot spots, the city government Twitter account said Sunday. Among those issued summons by …
Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and its peers are flocking back, drawn by sharp premium increases which are lifting the sector’s post-coronavirus prospects. Insurers faced a …
Thirty of the world’s largest investors managing a combined $5 trillion said on Tuesday they plan to set targets to lower their portfolio carbon emissions by as much as 29% over the next five years. All members of the Net-Zero …
The Board of Directors of Union Mutual Insurance Company voted unanimously last week to elect Lisa L. Keysar to the role of President and CEO. Keysar is the 15th person to assume the role and succeeds Michael Nobles, who passed …
A federal judge has dismissed a $30 million lawsuit filed by an Oregon State Police trooper who was shot 12 times in December 2016. Nic Cederberg and his wife sued Legacy Meridian Park Hospital claiming the suspect, James Tylka, should …
Tennesseans have a new tool to help them file workers’ compensation claims – an app that lets them fill out key forms by speaking into a smartphone. It was developed after a study found that filling out the necessary forms …
Berkshire Hathaway Specialty Insurance (BHSI) announced that Louise Kidd has joined its growing European team as head of Third Party Lines in Ireland. Kidd comes to BHSI with nearly two decades of industry experience with a focus on third-party lines. …