National News for August 2020
- AXIS Partners With AllDigital Specialty MGA on Small Business Platform
- In Anthem-Cigna Failed Merger ‘Soap Opera,’ Judge Hands Damages to Neither
- For 60% of Mid-Sized Businesses, Crisis Management Is Key Unmet Need
- McDonald’s Alleges Ex-CEO Duped Directors, Seeks to Claw Back $37 Million Severance
- Check Up: The Post-Pandemic Future of the Current Telehealth Sensation
- Safety Agency Offers App for Alerts on Vehicle Recalls
- Uber Vows Better Disclosure of Safety Data on Self-Driving Cars
- Judge Allows Palin Defamation Suit Against New York Times
- Why Damage from Hurricanes Keeps Rising
- FBI Thwarts Cyber Attack on Tesla Factory
- Black Farmers Sue to Force Roundup Weedkiller Ban or Product Warnings
- Software Firms, MGA Systems and NetRate, Merge
- Bayer’s $11 Billion Roundup Settlement Hits Some ‘Bumps’
- How to Build an Insurance or Any Business with Community at the Center
- Analytics Helping Insurers Identify Workers’ Compensation ‘Mega’ Claims More Quickly
- CFC to Expand Coverage to FinTechs with Package Policy
- Actuaries Index: Extreme Climate Conditions Hit New High in Winter 2019-20
- Teens and Seniors More Likely to Drive Less Safe Cars
- Is Your Agency a Best Agency to Work For? Nominate Now
- Analysts Warn of Effects of Hurricane Laura Losses on P/C Insurers
- Employers Face Increase In COVID-19 Wrongful Death Lawsuits
- P/C Insurance First-Half Underwriting, Net Income Drops Tied to COVID
- Summer Camp Hosted 1,000 Visitors While Successfully Managing Coronavirus
- Aon, Willis Towers Watson Shareholders Approve Merger
- 2 Players Sue Alleging NFL Race-Based Testing Limits Concussion Benefits for Blacks
- Wells Fargo to Pay $7.8 Million to Workers to Settle Hiring Discrimination Charges
- Public Confidence, Often Inscrutable, Now Pivotal for Recovery: Viewpoint
- Coronavirus Erodes Countries’ Economic Resilience; Global Insurance Gaps Widen
- Natural Catastrophe Claims Cost Insurers More Than Coronavirus in First Half: Fitch
- U.S. to Fine Nursing Homes That Fail to Meet Testing Mandate
- U.S. Charges Teva With Conspiring to Fix Generic Drugs Prices
- Honda to Pay $85 Million to States Over Defective Takata Air Bags Claims
- Startup Branch Starts Reciprocal Exchange for Personal Lines Insurance
- National E&S Launches COVID-19 Cleaning GL, CPL Coverage
- Reuters Finds Disparity in How Judges Apply Qualified Immunity
- Experts Puzzled by Decline in Insurance Fraud Tips via Technology
- Alphabet’s Verily to Launch Insurer Focused on Employer Medical Stop Loss Market
- Lloyd’s Appoints Canal’s Bond as U.S. Head of Claims
- Judge Dismisses Shareholder Lawsuit Against Danske Bank and Officers
- Anbang, Andy Bang, $1 Trillion in Claims. Ritz-Carlton Mystery Gets Its Day in Court.
- Lawyers Urge Use of ‘Vaccine Court’ Over U.S. Injury Compensation Fund for Coronavirus
- It’s Clear Insurance Agency Data Is Valuable. Who Owns It May Not Be So Clear.
- How the Coronavirus Spread So Quickly Across U.S.
- Hedge Fund Collects $3 Billion in Bet on Wildfire Insurance Claims
- U.S. Needs an SEC for Its Health Care System: Opinion
- Trump Administration, Airlines Can’t Agree on Contact Tracing Plan
- One80 Launches Transportation Threat Protect Program for Commercial Auto Operations
- Claims for Business Income Loss Due to Construction Dust Denied in Pre-COVID Case
- Overall U.S. Traffic Is Down 16% for Year
- Young Employees Most Stressed by Pandemic’s Lack of People Connection
- Lemonade Cites Progress Despite Loss in Its First Public Earnings Report
- Judge Agrees to Some VW Requests to Limit SEC Lawsuit Over Diesel Scandal
- Bayer to Pay $1.6 Billion to End 90% of U.S. Claims for Essure Birth Control Device
- U.S. Charges Uber’s Ex-Security Chief With Deliberately Concealing 2016 Hacking
- QBE Appoints Mann Head of Credit & Surety in North America
- Chubb Signs Onto Multi-Year Sponsorship of U.S. Tennis Open
- Court Deals Blow to Litigation Funders With False Claims Act Suits
- Court Grants Facebook Preliminary OK to Settle Facial Recognition Privacy Claims
- Drug Costs for COVID-19 Patients in U.S. Hospitals Drop But May Rise Again
- Cold Chain Mystery: Does Coronavirus Spread Via Contaminated Food Packaging?
- Supreme Court’s Next Obamacare Test to Happen a Week After Election
- Roadmaps for Wildfire Mitigation Provide Guidance for Suburban Neighborhoods
- SpottedRisk Acquires Completion Bonds Agency Media Guarantors
- Class Action Claims E*Trade Failed to Warn About Risks From Oil Price Crash
- Constructing a Post-Pandemic Construction Market
- States Seek $26.4 Billion From Drug Firms in Opioid Litigation – WSJ
- Sompo Global Risk, Marsh & McLennan Launch Commercial Real Estate Market Product
- Amazon Helping Toyota Build Cloud-Based Data Services That Include Insurance
- States Say OxyContin Maker Purdue Pharma Owes $2.2 Trillion for Opioid Epidemic
- Auto Insurance Shopping Rebounds After Dropping During Spring
- Pandemic-Afflicted Cruise Operator Carnival Hit by Ransomware
- Root Insurance Hopes Others Join Its Vow to End Use of Credit Scoring
- Pandemic Boosted Personal Auto Insurers’ Profits in the Short-Term
- Progressive Enters Voluntary Market with Expanded Pet Health Insurance Product
- Federal Judge Advances Business Interruption Dispute Between Law Firm, Travelers
- University Insured Chinese Student Tuition Revenue Against Virus. Then COVID-19 Hit.
- U.S. Approves ‘Groundbreaking’ Yale COVID-19 Saliva Test for Emergency Use
- RMS Estimates Insured Losses from Hurricane Isaias at $3-$5 Billion
- Duck Creek Shares Jump; Coronavirus Drives Insurance Technology Demand
- Trump Seeks Dismissal of Legal Challenge to Executive Order by Social Media Firms
- Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes
- Drugmakers Shielded from COVID Vaccine Liability But Funds for Injury Claims in Doubt
- Mercedes-Benz Maker Daimler to Pay Nearly $3 Billion to Settle U.S. Diesel Claims
- Justice Department Alleges Yale Illegally Discriminates Against Asians, Whites
- Last Year Was Among Earth’s 3 Hottest Years on Record, Climate Report Shows
- Tesla Says Hedge Fund Is Behind Ex-Employee’s Lawsuit
- Expected La Niña Could Last Through 2020-21 Winter, Says U.S. Climate Center
- AIG Promotes McElroy to CEO of North America General Insurance
- Consolidation of COVID Business Loss Suits Denied; But Grouping by Insurer Eyed
- Roper to Acquire Insurance Software Firm Vertafore for $5.35 Billion
- Sterling New Age Cyber, Elpha Secure Launch ES-1000 Cybersecurity Package
- P/C Insurance Software Firm Duck Creek Hikes IPO Price Range
- Federal Reserve Policymakers See Slow Economic Growth Until Virus Contained
- Judge Allows Businesses’ Lawsuits Against Insurer Over Coronavirus Losses
- American Family Succession Plan: Westrate to Succeed Salzwedel as CEO in 2022
- Federal Auto Safety Agencies Face Scrutiny by Inspector General
- Google Turns Android Phones Into Earthquake Sensors
- Cyber Lessons for the Insurance Industry Continue Three Years After NotPetya
- Justice Department Urges Congress to Rewrite Regulatory Policy
- Ralph Lauren Suit Alleges Fraud by Insurer Refusing to Cover Coronavirus Losses
- Tropical Storms Could Set a Record at 25 This Season
- Nunery Joins Women in Insurance Initiative
- AXIS Re Promotes Osterrieder to Head of Casualty North America
- Honda App Links Feedback on Drivers to Insurance Carriers via Verisk
- McConnell’s Coronavirus Liability Shield Could Be Bargaining Chip in Relief Negotiations
- Trident Marine Managers, Nationwide E&S Form Underwriting Agreement
- McDonald’s Seeks to Recoup Severance Paid Ousted CEO Over Sexual Affairs
- U.S. Drug Regulator Vows Outside Review of Any COVID-19 Vaccines
- Average Commercial Insurance Prices Rose 19% in Q2: Marsh Index
- Chubb Names Lupica President, North America; Krump Vice Chair, Global Underwriting, Claims
- Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms
- Allstate Reports Strong Q2 with Profit Up 49% Despite Pandemic
- Progressive Q2 Profit Up on Fewer Accidents; CEO Says ‘Black Lives Matter,’ Vows Action
- Roper Technologies in Talks to Buy Vertafore for $5.5 Billion, Reuters Reports
- CoreLogic Calls Special Meeting on Takeover Bidders’ Candidates for Board
- Major League Baseball to Players and Staff: Wear Mask or You’re Out!
- Capital One Will Pay $80 Million Fine for Data Breach During Cloud Transfer
- Boeing Facing $1.25M Fine by FAA for Undue Pressure on Safety Oversight Employees
- Americans Becoming More Leery of Autonomous Technologies
- D.C. Judge Rules For Insurer, Dismisses Restaurants’ Business Interruption Claims
- Court Revives Johnson & Johnson’s Baby Powder Lawsuits
- Insurance Agents Think They Offer Value. But Some Customers Have a Different View.
- Morgan Stanley to Offer Coverage for High Net Worth Clients through Hub, Marsh, Willis
- CNA Reports Q2 Profit Despite COVID-19, Weather, Civil Unrest Losses
- American Family Renames Ameriprise Insurance as Connect
- The Future of Insurance Industry Will Not Be Decided by Insurtechs Alone: Viewpoint
- Increasingly Popular Industrial Robots Are Vulnerable to Cyber Attacks, Report Warns
- AIG’s Zaffino Sees COVID-19 Creating Beneficial ‘Flight to Quality’
- Liberty Mutual Reports Q2 Loss on COVID-19 Event Cancellations, Storms, Downturn
- ‘Defensive Dining’: Keeping Makeshift Outdoor Eateries Safe From Storms, Drivers
- Rideshare Insurer Buckle Raises $31 Million to Fuel Nationwide Expansion
- Pie Workers’ Comp ‘Appetite Checker’ Slices Agents’ Wait Time on Risk Eligibility
- AIG’s Coronavirus Hits Include Travel, Workers’ Comp, Property, Trade Credit Lines
- Allianz Global Corporate & Specialty Sells U.S. Products Recall Business to Axon
- U.S. Eyes $13 Billion of Claims in Purdue Pharma Opioid Probes: Reuters
- How the Pandemic May Change ‘Work-Life Balance’ Forever
- FCC Seeks Comments on Trump Plan to Weaken Internet Firms’ Liability Protection
- Fed Leaders Say Economy Needs More Federal Help and More People Wearing Masks
- Venture Programs Taps GuideOne’s Peterson to Lead New Nonprofit Insurance Program
- Manhattan District Attorney Says Trump Probe Includes Alleged Insurance, Bank Fraud
- AIG Q2 Profit Falls on Higher Catastrophe Losses, Lower Private-Equity Returns
- Judge Voids Parts of Trump Labor Rule Limiting Coronavirus Sick Leave Eligibility
- CoverWallet Launches Digital Management Liability Package for VC-Backed Startups
- Former A&A Leader, Insurance Historian Bogardus Passes Away at Age 92
- Guy Carpenter Names Mayer, Mowery, Crichton to Executive Committee
- Chinese Artificial Intelligence Firm Sues Apple for $1.4 Billion Over Siri
- COVID-19 Signals Billions in Long-Term Healthcare Costs Ahead
- VW Asks Court to Reconsider ‘Staggering’ Damages for Counties Over Diesel Emissions
- Gutted Chemical Safety Board Tries to Proceed with Single Board Member
- COVID Business Interruption Suits Top 700. Yep, That’s A Lot
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