Starr chairman optimistic for insurance industry’s future post-Covid

spike

“Our business is doing quite well,” said Maurice R. Greenberg, chairman of Starr, during an interview at the Future of Insurance USA event. “We had a great year overall and budgets look pretty good for the coming year.”

The ‘star of Starr’ also said that he believes the remote work model and related evolutions that most insurance companies have had to make over the past year will stick around for the long-term – and that this development is a good thing.

Read next: Starr China names Haoming Zhou as general manager and president

“We learned a lot during this period.

Read More

JC Penney in talks to fund potential bankruptcy filing next week

spike

Robert Barnes | Getty Images

J.C. Penney is in talks to secure financing for bankruptcy as the coronavirus pandemic has devastated the American retail industry, people familiar with the matter tell CNBC. 

The Plano, Texas-based retailer skipped a $12 million interest payment on April 15, starting the clock on a 30-day grace period that could force it to file for bankruptcy as soon as May 15. 

 If J.C. Penney hits the May 15 deadline, it could opt to make the interest payment it owes, but the retailer skipped another $17 million payment Thursday night. The more money it has in

Read More

New York’s coronavirus outbreak is back to where it started, Gov. Andrew Cuomo says

spike

New York Governor, Andrew Cuomo (D) speaking at a press conference on corona virus at the State Capitol.

Michael Brochstein | Barcroft Media | Getty Images

New York Gov. Andrew Cuomo said Tuesday that the state’s coronavirus outbreak has slowed to levels not seen since the beginning of the pandemic as the number of fatalities, rate of new infections and the daily number of hospitalizations related to Covid-19 continue to fall. 

“We’re basically back to where we started before this tragedy descended upon us,” he said at a news briefing. 

The number of coronavirus deaths topped 105 on Monday, which

Read More

5 Steps To Discover And Validate Your Startup Concepts

spike

Business news,Business daily,Business ideas,Business insider,Business letter,Business line,Business plan,Business proposal,Business times,Business world,Online businessWhen choosing a business thought, it’s sensible to take a look at your strengths, skill set, and belongings you’re already captivated with. When you’ve got a sharp finance knowledge, know how the market works and have a clear idea of methods to handle money matters, this is the best startup enterprise for you. Israel About Web site Enterprise news and evaluation from Israeli financial every day Globes, protecting the financial system, finance, information expertise, healthcare, protection, real property, and more, updated throughout Israel’s working week.

Based mostly on that UVP, and a few Instagram advertising hacks , SkinnyMe Tea became … Read More