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Insurance veteran launches platform for unsupported small businesses
by Bethan Moorcraft When insurance and risk management veteran Tom Pegues decided to launch Insuri - a new small business risk and insurance consultancy - in the middle of a global pandemic, some industry peers may have (quite understandably) questioned his timing. Mid-pandemic is “certainly not the ideal time” to launch a business, Pegues admitted, especially when [...]
Panel’s Move to Allow Some BI Litigation Consolidation Will Be Unmanageable, Market Watchers Say
WASHINGTON - Merging some coronavirus-related business interruption lawsuits into centralized cases against four carriers would be as unmanageable as an industrywide consolidation of all the litigation filed by COVID-19 impacted businesses, insurers, trade groups and market observers said. The seven-judge panel of the federal Judicial Panel on Multidistrict Litigation rejected a request by attorneys for [...]