Al’s, a sporting-goods store tucked in Wilmington, Delaware’s small shopping district, opened during the Great Depression, weathered World War II and has been able to keep workers on the job during the coronavirus pandemic. But this past weekend delivered a new challenge.

Owner Bob Hart closed the 17,000-square-foot shop at 4 p.m. Saturday as protesters walked Market Street, blocks away. A few hours later, around 8:15 p.m., the first of the store alarms went off. Looters who followed the peaceful demonstrations broke windows at the store and stole the majority of Hart’s inventory, including about 10,000 pairs of shoes.

Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis in excess of 1 billion euros ($1.08 billion) this year after it posted a 65% drop in first-quarter profit.

The German reinsurer, which joins a raft of insurers warning of threats to their business, had already said it would not meet a profit target this year.

California Gov. Gavin Newsom today announced that workers who contract COVID-19 while on the job may be eligible to receive workers’ compensation.

The governor signed an executive order that creates a time-limited rebuttable presumption for accessing workers’ comp benefits applicable to Californians who must work outside of their homes during the stay at home order.

The California Department of Insurance issued a cease and desist order on Omega Vehicle Services LLC, doing business as Delta Auto Protect, and its controlling manager, Charles Seruya, for allegedly selling illegal vehicle service contracts to over twenty California consumers.

The order alleges both Delta Auto Protect and Seruya were not licensed by the CDI and improperly denied claims, illegally sold contracts they did not first file with the department directly to consumers, and used an unapproved backup insurer.

While there are “huge opportunities” on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with.

“It’s really scary to underwrite something when you just don’t know what the potential losses could be,” said Brian Meredith, managing director at UBS Group AG, during a panel discussion on trends in the property/casualty insurance sector at S&P’s 2019 Global Insurance Conference in New York. “There’s lots of opportunity here, but we need a lot more data to expand it.”

Lower workers’ compensation rates in California will bring down written premium once again this year, according to a forecast from the Workers’ Compensation Insurance Rating Bureau.

That revelation is expected in a full report on the state of California’s workers’ comp system is due out in about a week, but David Bellusci, WCIRB executive vice president and chief actuary, gave a rundown of what to expect during the group’s annual conference in San Francisco on Thursday.

San Francisco’s scooter revolution is officially on hiatus.

Lime, Bird, and Spin, startups that have delighted and infuriated San Franciscans with their scooter-sharing services, have pulled their vehicles from the streets while they apply for permits to operate. The process for allowing scooters was established soon after the companies began operating without explicit permission from city officials this spring. Lime told its users it hoped to be back on the streets within weeks.

The California Senate has approved legislation that seeks to clarify homeowners’ insurance coverage following deadly mudslides near Santa Barbara.

Insurance policies generally cover damage caused by fires but not by mudslides. That creates confusion in cases like the mudslides in Montecito, which were triggered by a wildfire.

The role of cell phones in our society faces greater scrutiny in recent years, particularly when it comes to the world of driving.

Distracted driving can happen in a number of ways, but smartphones are often behind a case of distracted driving more often than not.

“Alexa, play Pandora. Alexa how does the traffic to Boston look today? Alexa, order light bulbs. Alexa, how much could I save by raising my auto deductible?”