CNA Financial Corp. recorded a first quarter 2020 net loss of $61 million, and core income of $108 million. The insurer said results for the quarter reflected financial market volatility amid the events of COVID-19. The results included net investment …
Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian regulatory filings show. The Trans Mountain pipeline, which ships types of crude oil and refined products to British Columbia from …
Publicly traded independent personal lines insurance agency, Goosehead Insurance Inc., headquartered in Westlake, Texas, has reported a loss of $156,000 for the first quarter of 2020, with revenues of $20.4 million. The loss translates to a 1 cent loss on …
Everest Insurance announced the appointment of Sujal Patel as the UK Head of Transactional Risk for Everest Global Markets, which includes Everest Insurance Ireland, dac. and Lloyd’s Syndicate 2786. Patel brings more than a decade of industry experience to Everest, …
New York Governor Andrew Cuomo has announced a reopening plan for New York businesses that includes four phases, each allowing businesses in select industries to open their doors. Businesses that are considered more essential, or that have an inherently lower …
Customer service representatives holding a particular Florida insurance license will be able to continue conducting business remotely until at least July 7. A directive issued by Florida CFO Jimmy Patronis that allows remote work by Florida agency customer service representatives …
Security Insurance Group Inc. (SIG) of Pierre, South Dakota, has joined Midwest Insurance Agency Alliance (MIAA), a network of insurance agencies across seven states. Founded in 2012, SIG is a full-service insurance agency owned by Vern Armstrong. The agency offers …
Kentucky’s restaurants will be allowed to resume limited dine-in service later this month as part of another phase of business reopenings announced by Gov. Andy Beshear on Thursday. The next phase includes plans for reopening movie theaters, fitness centers, child …
Almost a month after Tokyo declared a state of emergency, dozens of call center employees for telecom KDDI Corp still commute into their crowded office, where the fear of coronavirus infection has taken a back seat to data security. Call …
A popular seafood restaurant chain that has been shuttered by the coronavirus and restrictions on dining has gone to court to get its insurer to pay for its business interruption losses. It believes its insurer is obligated in part because …