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News – Insurance Journal
Zurich Insurance Supports Reforestation in Brazil’s Atlantic Forest With 1 Million Trees
Zurich Insurance Group said it will sponsor a reforestation project in Brazil to convert barren farmland back into native forest that is rich in plant and animal life. The eight-year project will help to restore Brazil’s Atlantic Forest, the “other” …
POSTED SEPTEMBER 21, 2020 1:30 PM |
Fed Leader Says ‘Pernicious’ Effects of Redlining Against Blacks Still Persist
The “pernicious and persistent” impact of long-outlawed policies like “redlining” Blacks out of white neighborhoods continues to influence the ability of minority families to amass wealth, and requires a deeper look at how those longstanding problems might be addressed, Atlanta …
POSTED SEPTEMBER 21, 2020 1:08 PM |
FCA to Insurer CEOs: Don’t Delay in Paying Valid COVID Business Interruption Claims
In a follow-up to the High Court’s ruling on coronavirus-related business interruption claims by businesses, the UK’s Financial Conduct Authority (FCA) is advising insurers that they must pay all valid claims “in full at the earliest possible date to support …
POSTED SEPTEMBER 21, 2020 12:01 PM |
The Villages of Florida Adds 3 from State Farm to Personal Lines Team
The Villages Insurance Partners has added 3 former State Farm employees to its Personal Lines Insurance team. Specializing in home, auto and golf car insurance, Chelsea Allen, Julia Skillman and Lacey Maher collectively bring over 10 years’ experience in the …
POSTED SEPTEMBER 21, 2020 6:54 AM |
How Insurance Industry Might Respond if a Pandemic Is an Act of Terror
Imagine a scenario where COVID-19 was manufactured in a lab and was released as an act of terror. Tracey Gibbons, senior vice present, Underwriting, at Third Point Re, considers this possibility during a presentation for Carrier Management’s new series of …
POSTED SEPTEMBER 21, 2020 5:55 AM |
Startups Developing Technologies to Clean Air in Workplaces of Coronavirus
Smithfield Foods Inc. thought it was doing great. In the first quarter of this year, the pork giant’s earnings were up 190% over the same period in 2019. Then the pandemic hit, and the close quarters of meatpacking plants made …
POSTED SEPTEMBER 21, 2020 5:00 AM |
Facebook Tells Irish Court That It Needs Data Transfer Mechanism to Operate
Facebook has told Ireland’s High Court it cannot see how its services could operate in the European Union if regulators freeze its data transfer mechanism, the Sunday Business Post reported, citing court documents seen by the paper. The U.S. social …
POSTED SEPTEMBER 21, 2020 5:00 AM |
Carpenters Restoring Notre Dame Face Challenge of Using Original Materials, Design
With precision and boundless energy, a team of carpenters used medieval techniques to raise up — by hand — a three-ton oak truss Saturday in front of Notre Dame Cathedral, a replica of the wooden structures that were consumed in …
POSTED SEPTEMBER 21, 2020 5:00 AM |
USI, Crum & Forster Offer Cyber Coverage to Bar Association Law Firms
USI Affinity and the American Bar Association (ABA) have partnered with Crum & Forster to offer a cyber liability insurance program for law firms nationwide. As the broker for the ABA Insurance Program, USI Affinity now offers access to this …
POSTED SEPTEMBER 21, 2020 4:58 AM |
MetLife Looks to Sell P&C Auto and Home Insurance Business: KBW Analysts
MetLife is pursuing a sale of its property/casualty auto and home insurance business, according to a report by analysts following the company Keefe, Bruyette & Woods (KBW) analysts, Ryan Krueger and Meyer Shields, said the insurer is looking at a …
POSTED SEPTEMBER 21, 2020 12:48 AM |
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