April 10, 2020
Coming Soon!
Thu, 09 Apr 2020 19:03:41 +0000
One may not need to be able to read the cannabis leaves to divine the impact of the COVID-19 pandemic on cannabis and insurance. Some good guesses from any insurance professional with their foot in the door of a dispensary, …
Thu, 09 Apr 2020 16:55:59 +0000
The Florida Office of Insurance Regulation has issued an informational memorandum to all insurers and entities authorized to write workers’ compensation insurance providing guidance on the treatment of policyholders affected by COVID-19. The memorandum...
Thu, 09 Apr 2020 16:42:33 +0000
In light of the reduction in drivers on the road due to COVID-19 epidemic, Texas-based Germania Insurance will give back nearly $6 million in credits to its personal auto insurance policyholders. The company said through its Reduced Driving Payback, a …
Thu, 09 Apr 2020 16:36:41 +0000
St. Louis, Mo.-based Valley Insurance Agency Alliance (VIAA), a network of more than 130 independent insurance agencies in Missouri and Illinois, recently named Sam Hentschke as service development coordinator and Clinton Mudd as regional manager. Hent...
Thu, 09 Apr 2020 16:34:33 +0000
The U.S. Coast Guard has determined that crew members on cruise ships and vessels in Galveston, Texas, present a public health risk of spreading the new coronavirus and urged operators to form medical plans to care for sick workers. In …
Thu, 09 Apr 2020 16:33:04 +0000
A Florida appellate court upheld a lower court’s ruling that a security firm employing the gunman responsible for a gay nightclub shooting can’t be held liable for failing to investigate complaints against the shooter, giving him firearm training and a...
Thu, 09 Apr 2020 16:30:53 +0000
The Surplus Lines Stamping Office of Texas (SLTX) reports that excess and surplus lines insurance premium recorded for the first quarter of 2020 is up 14.5% compare with the same period last year. Additionally, the Q1 2020 filings represent a …
Thu, 09 Apr 2020 16:26:18 +0000
An explosion at a hydrogen fuel plant in North Carolina has damaged nearby homes but left workers without any serious injuries. News outlets report that the explosion occurred at the OneH2 Inc. hydrogen fuel facility in the town of Long …
Thu, 09 Apr 2020 16:24:33 +0000
The National Transportation Safety Board said that a northern Indiana school district is partially to blame for a 2018 crash that killed three siblings crossing a rural highway to reach their stopped school bus. The wreck was caused by a …
Thu, 09 Apr 2020 16:22:25 +0000
The former co-host of “Afentra’s Big Fat Morning Buzz” on Kansas City radio station KRBZ-FM is suing the station’s parent company for alleged discrimination and for retaliating against her when she complained. In a lawsuit filed last month in federal …
Thu, 09 Apr 2020 16:03:57 +0000
As the COVID-19 pandemic has progressed over the past several months, participants in the insurance industry have recognized the likelihood of a resulting increase in claims volume. Much of the early focus has been on the ramifications to insurers that …
Thu, 09 Apr 2020 15:30:51 +0000
Utah Business Insurance Co. has named Tyler Nielsen chief operating officer. Nielsen joined the company in 2012. He advanced through various positions, including most recently as vice president of operations. UBIC provides workers’ compensation insurance.
Thu, 09 Apr 2020 15:23:31 +0000
A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promises as it tries to preserve a plan …
Thu, 09 Apr 2020 14:57:26 +0000
LONDON — Lockdowns have brought most of the world’s advanced economies to a near standstill as policymakers fight the coronavirus pandemic by banning all but essential movement outside the home. Tens of millions of employees across retail, entertainmen...
Thu, 09 Apr 2020 14:02:58 +0000
Thousands of utility customers across Pennsylvania were without power early Wednesday after severe thunderstorms roared through the state, knocking down trees and utility lines and possibly spawning a tornado. The storms containing heavy rains, hail, l...
Thu, 09 Apr 2020 13:59:02 +0000
Vitech Systems Group has formed a strategic partnership with Innovation Underwriters (IU), a not-for-profit collaborative focused on promoting innovation within the insurance industry. Innovation Underwriters supports insurtech venture development and ...
Thu, 09 Apr 2020 13:44:29 +0000
Several insurance agencies are joining resources to launch Strategic Agency Partners (SAP), an insurance agency network with a geographic footprint in eastern Pennsylvania and New Jersey. The founding agencies, located in southern New Jersey, include B...
Thu, 09 Apr 2020 12:32:44 +0000
Amazon.com Inc. is testing the use of disinfectant fog at a warehouse in Staten Island, New York starting on Tuesday, the company told Reuters, following worker protests over the risk of coronavirus infection at the site. The measure shows how …
Thu, 09 Apr 2020 09:43:44 +0000
Swiss Re announced that Ian Haycock has been appointed to the newly created role of chief data officer as of May 1, 2020. Together with Youngran Kim, who started as the group chief technology officer this month, Haycock will further …
Thu, 09 Apr 2020 09:04:50 +0000
Victor Insurance Holdings, the world’s largest managing general underwriter (MGU), announced the appointment of Matteo Bonfà as country manager, Victor Italia S.r.l., effective immediately. Bonfà is based in Milan and reports to Anthony Stevens, pres...
Thu, 09 Apr 2020 08:32:53 +0000
Lloyd’s has selected 12 insurtech startups to participate in its innovation accelerator, Lloyd’s Lab. The 12 teams were chosen out of more than 190 applications, received from across the world, for the fourth cohort of the Lloyd’s Lab, which starts …
Thu, 09 Apr 2020 07:56:00 +0000
China plans to make it easier for foreign life insurers to make controlling acquisitions and large equity investments in domestic peers, five people with knowledge of the matter said, as the country pushes ahead in opening up its financial sector. …
Thu, 09 Apr 2020 07:39:50 +0000
Insurance Bureau of Canada (IBC), an industry association for Canada’s home, auto and business insurers, on Wednesday said its members would lower costs for auto insurance to reflect reduced driving during the COVID-19 pandemic. Its members, which make...
Thu, 09 Apr 2020 07:12:56 +0000
The boss of EXOR showed confidence on Wednesday in the success of three transformative deals set to reshape its multi-billion portfolio of corporate holdings, despite being caught at mid-air by the coronavirus crisis. In a letter to the holding’s share...
Thu, 09 Apr 2020 05:00:43 +0000
More insurers are coming forward every day with discounts, extended coverage and relaxed payment terms for insureds affected by shelter-in-place and other conditions required during the coronavirus crisis. Progressive Insurance announced it is providin...
Thu, 09 Apr 2020 05:00:42 +0000
Zoom Video Communications Inc. was slapped with a class action suit by one of its shareholders on Tuesday, accusing the video-conferencing app of overstating its privacy standards and failing to disclose that its service was not end-to-end encrypted. S...
Thu, 09 Apr 2020 05:00:16 +0000
The Liberty Company Insurance Brokers has added Jacob Kiley to its San Jose, Calif., office. Kiley specializes in contractor, hospitality, technology and non-profit accounts. Kiley has been with One Risk Group LLC for the past seven years. The Liberty ...
Wed, 08 Apr 2020 18:27:22 +0000
The Workers’ Compensation Insurance Rating Bureau of California’s governing committee has decided not to submit a July 1, 2020 rate. The committee met this week to review the WCIRB actuarial committee’s analysis of Dec. 31, 2019 California workers’ com...
Wed, 08 Apr 2020 16:59:48 +0000
A south Georgia pharmacy that gave out 350,000 illegal prescriptions from a doctor running a pill mill agreed to pay over $2 million in fines, authorities said. Chip’s Discount Drugs and pharmacist, Rogers “Chip” Wood, Jr., settled on a federal …
Wed, 08 Apr 2020 16:58:01 +0000
Nine people have now died in a coronavirus outbreak at a Tennessee nursing home that saw more than 100 people test positive. Sumner Regional Medical Center spokesman Kyle Brogdon on Tuesday confirmed the new total of fatalities from the Gallatin …