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Highest-paid Insurance Executives 2020
The ranks of the highest-paid executives at the largest U.S.-based or listed commercial property/casualty insurers changed slightly from last year, as CNA Financial Corp. edged Berkshire Hathaway Inc. in commercial lines premium in 2019, according to NAIC data. Compensation data for 2019 is based on 2020 SEC filings.
The U.S. Supreme Court’s somewhat surprising ruling barring workplace discrimination based on sexual orientation or gender identity finally gives the country a uniform federal law, but employers should brace themselves for additional claims in areas of remaining ambiguity, including medical coverage and the ruling’s applicability to religious institutions, experts say.
U.K.’s Prudential Regulatory Authority plans to assess its policy related to insurance-linked securities and insurance special purpose vehicles for changes as the Brexit transition proceeds, Artemis reports. The extension of the transition, which is set to run until the end of this year, will create uncertainty for ILS and reinsurance players. This could hinder getting potential insurance and reinsurance sponsors onboard, as well as investor interest in the country’s ILS infrastructure.
The dependents of essential workers in New Jersey who die from COVID-19 in the course of employment may receive enhanced benefits if a bill that passed the state’s Senate becomes law.
As of 2020 most states have regulations on prescribing and managing opioids, but fewer than half have in place such protective measures as drug formularies and mandated drug rehabilitation, according to a report released Tuesday by the Workers’ Compensation Research Institute.
A coronavirus business interruption suit filed against Berkshire Hathaway Inc. alleges that virus exclusions that have been used by insurers since 2006 should be ruled invalid because the policy wordings organizations that devised them made misrepresentations to regulators.
When shooing Buffalo, New York-based Kaitlyn Pan Group LLC off the Amazon selling platform over the discount company’s imitations of luxury shoes by Italian brand Valentino didn’t work to curb the sale of knockoffs, the online retailer and the Italian fashion company paired up and decided to sue.
Soap opera productions seeking to ramp up filming and keep things steamy in a time of COVID-19 social distancing protocols are using sex dolls as props for love-making scenes, according to numerous news outlets.
A federal judge in Bay City, Michigan, this month drew the line over a woman’s lawsuit that claimed that chalking tires for parking enforcement violates constitutional rights: It doesn’t, the Saginaw and Bay City News reported.
Age may be a closely guarded secret among Hollywood celebrities, but they can’t prevent movie websites from revealing it to the masses, according to a court ruling Friday.