July 13, 2020
Coming Soon!
Mon, 13 Jul 2020 21:35:30 +0000
California workers’ compensation private self-insured claim frequency was relatively stable in 2019 as the incidence of medical-only and lost-time claims registered only marginal declines after increasing in 2017 and 2018, according to a California Wor...
Mon, 13 Jul 2020 17:25:39 +0000
The Labor Commissioner’s Office has filed a lawsuit against a gig-economy car wash company in Southern California for violating labor laws by misclassifying employees as independent contractors. Mobile Wash Inc. of Bellflower misclassified at least 100...
Mon, 13 Jul 2020 17:21:40 +0000
The Portland, Ore. police said earlier this week that ongoing protests had cost businesses in the downtown area $23 million in property damage and lost revenue, but those figures are skewed by just one business, a mall already shut down …
Mon, 13 Jul 2020 16:58:36 +0000
Florida shattered the national record Sunday for the largest single-day increase in positive coronavirus cases in any state since the beginning of the pandemic, adding more than 15,000 cases as its daily average death toll continued to also rise. Accor...
Mon, 13 Jul 2020 16:50:56 +0000
At least three Midwest states – Michigan, Missouri and North Dakota will receive federal help after President Donald Trump approved their requests for federal disaster declarations. Missouri requested a federal disaster declaration for severe storms ...
Mon, 13 Jul 2020 16:41:28 +0000
The Woodlands Psychiatry and Counseling Company, a hospital in Conroe, Texas, has been sued by federal officials for allegedly retaliation for firing an employee who had filed a discrimination charge against the healthcare provider. According to the Eq...
Mon, 13 Jul 2020 16:16:14 +0000
The North Dakota Republican Party is asking the state Supreme Court to remove Democratic candidate for state insurance commissioner from the November ballot, alleging she hasn’t lived in the state long enough to run for statewide office. The GOP said …
Mon, 13 Jul 2020 16:14:36 +0000
The Water Quality Insurance Syndicate (WQIS), a specialist insurer that provides comprehensive coverage in the vessel pollution insurance market, has appointed John P. Phillips as senior underwriter based in Houston. Phillips will report to Justin A. M...
Mon, 13 Jul 2020 15:30:17 +0000
To celebrate National Collector Car Day, specialty insurer American Modern Insurance Group will be hosting an online show to pick the best classic cars and trucks and hot rods. Collector car owners can visit the American Modern Collector Car Facebook …
Mon, 13 Jul 2020 15:07:29 +0000
New Mexico work safety regulators Saturday ordered Walmart to close a store in Las Cruces, after four employees tested positive for COVID-19 in the past three weeks, the New Mexico Environment Department said. A “notice of imminent endangerment” issued...
Mon, 13 Jul 2020 15:04:21 +0000
A Northern California nursing home hit hard by a deadly coronavirus outbreak is a highly rated facility. But even with a good track record, it wasn’t prepared to combat the coronavirus when it arrived. At least 17 people died and …
Mon, 13 Jul 2020 14:42:40 +0000
The Oregon Supreme Court ruled a law limiting noneconomic damages in personal injury cases to $500,000 is unconstitutional because it violates the legal remedy clause of the Oregon constitution. Capping noneconomic damages, such as pain and suffering, ...
Mon, 13 Jul 2020 14:09:11 +0000
As Allianz Global Corporate & Specialty SE (AGCS) executes its plan to regain profitability in the corporate and specialty insurance segment, it is adopting a more simplified regional organization in North America. The company announced several U.S. an...
Mon, 13 Jul 2020 13:32:36 +0000
Crowded bars and house parties have been identified as culprits in spreading the coronavirus. Meat packing plants, prisons and nursing homes are known hot spots. Then there’s the complicated case of America’s churches. The vast majority of these church...
Mon, 13 Jul 2020 13:15:18 +0000
Though the COVID-19 pandemic is expected to lead to the deepest recession since the 1930s, global insurance premium volume will rebound to pre-crisis levels by the end of 2021, forecasts Swiss Re in its latest sigma report. Moreover, the pandemic …
Mon, 13 Jul 2020 12:24:30 +0000
Bridgeport’s mayor is suing Delta Airlines over a dog bite he says he suffered on a flight. A suit filed in state Superior Court alleges Mayor Joe Ganim was sitting in his seat on a Delta flight in November 2018 …
Mon, 13 Jul 2020 12:22:22 +0000
Agency Network Exchange LLC (ANE) has added four new agency members in New Jersey and Pennsylvania. The addition of these four agencies moves the organization’s collective property and casualty written premium amount to above $1.1 billion. ANE is enter...
Mon, 13 Jul 2020 12:20:11 +0000
A Holbrook, Mass., man was indicted in connection with damaging luxury cars bought under false pretenses in order to collect insurance proceeds, Attorney General Maura Healey announced. Dion Augustin was indicted by a statewide grand jury on charges of...
Mon, 13 Jul 2020 11:47:54 +0000
Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off its share price, left it with a hefty compensation bill and exposed it to accusations of covering up the full …
Mon, 13 Jul 2020 11:29:15 +0000
A slight majority (54%) of property /casualty insurance industry professionals think insurers will succeed in defeating legal and political attempts to force them to pay business interruption claims from the coronavirus pandemic. A slight majority (55%...
Mon, 13 Jul 2020 10:24:54 +0000
Guy Carpenter & Co., the reinsurance brokerage division of Marsh & McLennan Cos., announced the appointment of Henry Lawrence as a managing director, GC Fac UK, effective August 17. Lawrence will be responsible for the U.S. region at GC Fac …
Mon, 13 Jul 2020 10:09:57 +0000
Allianz has finalized the acquisition of the automobile and other property & casualty business from SulAmérica in Brazil. This follows the announcement of the deal on August 23, 2019. The transaction enlarges the service offering for customers and gro...
Mon, 13 Jul 2020 09:40:58 +0000
A long-awaited equal pay lawsuit at the U.K. Supreme Court could see thousands of mostly female workers obtain better wages from the largest supermarkets and end up costing the chains as much as 8 billion pounds ($10.1 billion). The Supreme …
Mon, 13 Jul 2020 08:54:43 +0000
Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the Latin American country. U.S. s...
Mon, 13 Jul 2020 08:27:08 +0000
China is preparing for flooding in its northern regions that could potentially hurt crop output amid torrential rain that’s lasted over a month and caused billions of yuan in economic damage. The floods have killed 141 people and affected more …
Mon, 13 Jul 2020 06:36:46 +0000
In an effort to stem South Carolina’s raging coronavirus outbreak, particularly among young adults he says are gathering in unsafe groupings, Gov. Henry McMaster is shutting off the late-night sale of alcohol at bars and restaurants across the state. M...
Mon, 13 Jul 2020 06:31:42 +0000
Lamb Insurance Services has acquired Prestige Insurance Services, effective July 1, 2020. Gene Dennis, managing client executive of Prestige, and his team will join the company with a focus on expanding service to the nonprofit and social service organ...
Mon, 13 Jul 2020 05:48:45 +0000
Insurity Inc., a provider of cloud-based core system solutions and data analytics for insurers, brokers, and MGAs, has completed the acquisition of Austin, Texas-based Virtual MGA. The deal, which closely follows the June 22 acquisition of Florida-base...
Mon, 13 Jul 2020 05:48:18 +0000
The website for Louisiana’s program to help small businesses that have suffered losses as a result of the coronavirus epidemic is now operational, the state’s treasury office reported. State Treasurer John M. Schroder has encouraged Louisiana business ...
Mon, 13 Jul 2020 05:21:20 +0000
Schaumburg, Ill.-based Atlas Financial Holdings Inc. has extended its agreement with National Interstate Insurance Co. (National Interstate) under which Atlas subsidiaries will continue to act as underwriting manager for National and transition new and...