Lloyd’s insurer Hiscox is planning a capital raise via the placement of new ordinary shares, which will enable the company to respond to expected growth opportunities ahead and prudently prepare for possible “downside scenarios.” New ordinary shares of 6.5 pence …
If only 10 percent of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation loss costs for that sector could double or even triple in some states, according to an analysis by the National …
The U.S. Supreme Court agreed to review a ruling that critics say would give the Treasury Department and Internal Revenue Service a sweeping shield from challenges to their regulations. The justices said Monday they will hear arguments over a reporting …
Firefighters in the Florida Panhandle have been battling wildfires that forced some 1,600 people to evacuate from their homes, and a stretch of Interstate 10 remained closed in both directions Thursday morning due to smoke, authorities said. “This is an …
THB, the specialist insurance and reinsurance broker, announced that Matthew Crane has been named chief executive officer of THB Group and president of the International division of AmWINS Group, Inc., global distributor of specialty insurance products and services. Crane succeeds …
Florida partially reopened Monday, allowing restaurants and shops in most of the state to open at 25% capacity in hopes of kick-starting the ailing economy after weeks of coronavirus-related shutdowns. Business owners and customers reacted with emotions ranging from elation …
RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of new European Severe Convective Storm (EU SCS) High Definition Models. The models represent 50,000 years of simulation of hail and straight-line wind and tornado risk and include …
Gov. Brian Kemp warned on Tuesday that a growing coronavirus outbreak is stressing resources in northeast Georgia. Kemp has moved aggressively to allow businesses to reopen even though infections are on the rise in some areas of the state. He …
The chair of a House of Representatives committee and a fellow Democratic committee member on Monday urged Jaguar Health Inc. to reverse recent price hikes of a drug that could be used to treat side effects in COVID-19 patients and …
Louisiana’s chief insurance regulator wants insurers to consider offering premium relief to their commercial auto insurance customers due to the impact of the Coronavirus pandemic. Insurance Commissioner Jim Donelon has called on insurers to consider returning a percentage of premium …