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News – Insurance Journal
South Africa Regulator Warns Insurers to Stop Broad Rejection of Virus Claims
A South African regulator warned insurers to stop broadly rejecting claims from businesses seeking to cover losses because of a lockdown to curb the coronavirus. “The Financial Sector Conduct Authority is concerned about the behavior of some insurers who are …
POSTED JULY 10, 2020 8:04 AM |
Insurers Are Creating Products for World Where Pandemics Could Become New Norm
Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis. While new pandemic-proof policies might not be cheap, they offer businesses from …
POSTED JULY 10, 2020 7:42 AM |
Munich Re Specialty Releases MPL Policy for Non-Specialist Businesses
Munich Re Specialty Insurance (MRSI) has released a miscellaneous professional liability product for non-specialist, commercial businesses. Miscellaneous professional liability (MPL) coverage provides liability and defense costs from claims that allege errors or omissions in the rendering of professional services. MRSI …
POSTED JULY 10, 2020 6:42 AM |
Actors Union Files Grievance Against Walt Disney World Ahead of Park Reopening
The actors’ union representing 750 Walt Disney World performers has filed a grievance against the Orlando, Florida-based theme park alleging retaliation against its members over the union’s demand that they be tested for the coronavirus. Walt Disney Co plans to …
POSTED JULY 10, 2020 6:38 AM |
Nashville Bars Seek Restraining Order Over Coronavirus Restrictions
Some Nashville bar owners are seeking a temporary restraining order against city officials in an effort to push back against coronavirus restrictions. Bar owners Timothy Stephen Smith and Geoffrey Reid filed the lawsuit Monday, according to the filing obtained by …
POSTED JULY 10, 2020 6:35 AM |
In Reversal, Georgia Universities to Mandate Masks
Georgia’s 26 public universities and colleges will mandate campus-wide mask wearing after the state university system reversed itself on Monday. The University System of Georgia had previously told schools they should “strongly encourage” students and others to wear masks, but …
POSTED JULY 10, 2020 6:21 AM |
The Liberty Company Insurance Brokers Partners with The Browning Agency of Florida
The Liberty Company Insurance Brokers has partnered with The Browning Agency of Ponte Vedra, Fla. Established in 1989 by Jim Browning, The Browning Agency is a full-service brokerage and consulting firm specializing in high net worth personal lines and an …
POSTED JULY 10, 2020 6:19 AM |
Jackson Sumner & Associates Names Davis North Carolina Marketing Representative
Jackson Sumner & Associates (JSA) has appointed Andrew Davis as the North Carolina Marketing representative for the company. Davis is a native of Belmont, N.C., who has been with JSA since 2017 when he joined the company’s Transportation team as …
POSTED JULY 10, 2020 5:46 AM |
Supreme Court to Hear Federal Trade Commission’s Appeal Over Oil-Gotten Gains
The U.S. Supreme Court agreed on Thursday to decide whether the Federal Trade Commission can continue to require scam artists and firms that engaged in deceptive business practices to return money improperly obtained from consumers. The justices will hear the …
POSTED JULY 10, 2020 5:00 AM |
Coronavirus Crisis Heightens Insurers’ Caution About Senior Care Market
The coronavirus pandemic has made it even harder for senior-care centers in the United States to find or afford standard liability insurance, with rates soaring by as much as 300%, insurance brokers said. Residential care communities like nursing homes and …
POSTED JULY 10, 2020 5:00 AM |
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