New York Congresswoman Carolyn Maloney has introduced the Pandemic Risk Insurance Act of 2020, a federal backstop for pandemic-related business interruption insurance modeled after the Terrorism Risk Insurance Act. “This is the only bill I have written that people are …
A European Union framework is needed to provide insurance cover for catastrophes such as pandemics and huge cyber attacks, the Federation of European Risk Management (FERMA) said on Tuesday. This would involve public-private partnerships and could cover events which hit …
The Workers’ Compensation Insurance Rating Bureau of California published estimated costs of allowing state workers to receive benefits for COVID-19 claims without proving virus exposure at work, dropping a prior mid-range estimate by $10 billion. In a report published on …
Three members of a $31.7 million trip-and-fall scheme to defraud New York City businesses and their insurance companies have been sentenced to prison. Bryan Duncan, Robert Locust and Ryan Rainford were sentenced by U.S. District Judge Disney H. Stein in …
A huge fire that tore through a warehouse on San Francisco’s Fisherman’s Wharf has destroyed fishing gear used to deliver about two-thirds of the city’s fresh seafood, threatening to disrupt the upcoming Dungeness crab season, local fishermen said Sunday. The …
Gov. Seve Sisolak has declared a state of emergency after Nevada’s biggest earthquake in 65 years caused significant damage to three U.S. highways, including the major route connecting Reno to Las Vegas. Sisolak said his declaration late las week will …
People in Kodiak City reported early Saturday that they felt a moderate earthquake that struck the Kodiak Island region, the Alaska Earthquake Center confirmed. The magnitude 4.4 earthquake hit at 12:52 a.m. Saturday and had an epicenter that was 58 …
How is the coronavirus pandemic affecting you, your life, your work and your industry? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that of …
Residents and businesses in Central Michigan communities that were submerged when two dams failed sued the operator of the dams and two state agencies charged with overseeing the structures on May 22. A second class-action suit was filed the same …
Some Florida residents who have made unemployment claims may have had personal data stolen, officials said Thursday. The Florida Department of Economic Opportunity has notified 98 people who were part of a data breach associated with unemployment claims, agency spokeswoman …