May 31, 2020
Coming Soon!
Fri, 29 May 2020 19:38:25 +0000
The American Property Casualty Insurance Association is taking issue with tentative plans by the Colorado Department of Insurance to halt the use of credit information in Colorado during the pandemic. A recent draft bulletin from the department directs...
Fri, 29 May 2020 16:59:09 +0000
Swiss Re Corporate Solutions (SRCS) has expanded its parametric offering with the launch of HAIL, a parametric hail insurance cover. The new product is designed to protect companies in the United States from the financial impact of a significant hail …
Fri, 29 May 2020 16:57:03 +0000
AssuredPartners, Inc. has acquired Cypress Insurance Group, Inc. of Fort Lauderdale, Fla. The team of 20 will remain under the operational leadership of Terry Bond and Debbie Arciola. The agency currently reports $3 million in annualized revenues. Assu...
Fri, 29 May 2020 16:52:48 +0000
The owner of the contracting company of which two workers were killed in a trench collapse in Mississippi earlier this month was previously issued 27 federal citations for safety violations. Shane Henderson was the president of the now-defunct Gilco Co...
Fri, 29 May 2020 16:18:19 +0000
The Worldwide Broker Network has appointed Price Forbes Executive Director Alex Gilmore as chairman. Gilmore previously served as WBN’s Treasurer. He takes over the voluntary position of chairman from Jim Watt of EPIC Insurance Brokers & Consultants, w...
Fri, 29 May 2020 16:08:35 +0000
Louisiana lawmakers are one step from removing most restrictions on which medical conditions are eligible for medical marijuana, allowing doctors to recommend the treatment for any patient they believe it would help. The Senate voted 28-6 on May 27 for …
Fri, 29 May 2020 16:02:06 +0000
A Louisiana man who insurance regulators say continued to transact insurance business after having had his state insurance licensed revoked has been issued a cease and desist order by Insurance Commissioner Jim Donelon. The Louisiana Department of Insu...
Fri, 29 May 2020 15:58:58 +0000
S&P Global Ratings has affirmed its “AA-” long-term issuer credit and financial strength ratings for Munich Re and its subsidiaries, with a stable outlook. The stable outlook reflects S&P’s view that Munich Re will maintain capital adequacy above the “...
Fri, 29 May 2020 15:27:20 +0000
How is the coronavirus pandemic affecting your life and your work? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that of your industry peers …
Fri, 29 May 2020 15:20:03 +0000
Big Oil lost a pair of court battles Tuesday that could lead to trials in lawsuits by California cities and counties seeking damages for the impact of climate change. The 9th U.S. Circuit Court of Appeals rejected arguments by energy …
Fri, 29 May 2020 15:00:01 +0000
K2 Insurance Services LLC, the specialty insurance services holding company, has completed the purchase of Pioneer Underwriters, the London-based managing general agency. The deal was facilitated with a portfolio transfer, whereby Pioneer’s ongoing und...
Fri, 29 May 2020 14:36:04 +0000
The U.S. Environmental Protection Agency announced the completion of all required cleanup activities within a unit of a Montana Superfund site. The federal agency removed a portion of an asbestos-contaminated mining operation in Libby from its National...
Fri, 29 May 2020 14:24:45 +0000
When horses suddenly started dying in Thailand as the nation locked down to stem the spread of COVID-19, researchers feared the cause was another deadly bat-borne virus that could kill humans. “We had no idea what was causing it,” said …
Fri, 29 May 2020 13:55:46 +0000
AK Insurance of Westbrook, Maine, recently joined Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast. AK Insurance was founded in April 2020 by owner Alex Kapothanasis and provides a full line of p...
Fri, 29 May 2020 13:51:16 +0000
All of the roughly 200 employees on a produce farm in Tennessee tested positive for Covid-19 this month. In New Jersey, more than 50 workers had the virus at a farm in Gloucester County, adding to nearly 60 who fell …
Fri, 29 May 2020 13:47:03 +0000
A New Hampshire man has been charged in a fraud scheme that involved using Bitcoin to buy stolen personal data belonging to people across the country, officials said. Jonathan Nguyen, 23, of Windham, was charged Tuesday in federal court with …
Fri, 29 May 2020 13:44:52 +0000
Another former cadet has filed a lawsuit against Virginia Tech over being suspended in connection with a blood-pinning ceremony. The lawsuit filed Wednesday in federal court alleges the university violated the due process rights of Christopher J. Dana ...
Fri, 29 May 2020 13:15:24 +0000
The U.S. National Security Agency on Thursday warned government partners and private companies about a Russian hacking operation that uses a special intrusion technique to target operating systems often used by industrial firms to manage computer infra...
Fri, 29 May 2020 13:10:17 +0000
Businesses across the country surveyed by the Federal Reserve don’t appear to share the Trump administration’s optimism about a rapid economic recovery starting this summer. The Federal Reserve released a report Wednesday that draws on business contact...
Fri, 29 May 2020 12:56:26 +0000
California regulators approved PG&E Corp.’s $58 billion reorganization plan, bringing the power giant another step closer to exiting the biggest utility bankruptcy in U.S. history. The state’s Public Utilities Commission unanimously voted in favor of P...
Fri, 29 May 2020 12:34:05 +0000
Israel’s national cyber chief Thursday officially acknowledged the country had thwarted a major cyber attack last month against its water systems, an assault widely attributed to arch-enemy Iran, calling it a “synchronized and organized attack” aimed a...
Fri, 29 May 2020 12:16:20 +0000
Google has called on the European Union to use current EU laws to govern the use of artificial intelligence rather than draft new ones and cautioned against a one size fits all regulatory framework because of AI’s diverse applications. The …
Fri, 29 May 2020 07:38:11 +0000
Mississippi Gov. Tate Reeves said Wednesday that he will allow all types of businesses to reopen Monday but they must follow safety guidelines to try to minimize spread of the new coronavirus. “This does not mean the threat is gone,” …
Fri, 29 May 2020 07:06:27 +0000
As Florida gets ready to officially start hurricane season, a new survey shows a majority of residents are more concerned for this year’s potential storms than in previous years, given the simultaneous continuing issues related to the COVID-19 pandemic...
Fri, 29 May 2020 05:44:39 +0000
The board of directors of Texas’ property insurer of last resort for wind and hail in the state’s coastal counties in February set a goal of $4.2 billion in catastrophe funding for 2020. At a meeting of the Texas Windstorm …
Fri, 29 May 2020 05:30:53 +0000
Two companies that caused a chlorine gas leak over Atchison, Kansas, in 2106 have each been fined $1 million for violating federal clean air laws. Harcros Chemicals Inc., and MGP Ingredients Inc., had pleaded guilty to negligently violating the Clean …
Fri, 29 May 2020 05:20:43 +0000
WSS, a member of XPT Group, a specialty insurance distribution company, has added Meghan Easley as senior broker/underwriter in its Plano, Texas, office. Easley brings 15 years of industry experience, most recently in underwriting and brokerage busines...
Fri, 29 May 2020 05:18:23 +0000
Residents of a Black Hawk, South Dakota, neighborhood where a sinkhole has exposed an abandoned mine endangering their properties have filed a $75.5 million lawsuit claiming government entities and private developers were negligent. Attorney John Fitzg...
Fri, 29 May 2020 05:00:46 +0000
Gov. Gretchen Whitmer has ordered an investigation to determine what caused two dams in central Michigan to fail, leading to devastating floods in several communities and forcing about 11,000 people to evacuate their homes. Whitmer ordered the Michigan...
Fri, 29 May 2020 05:00:43 +0000
The University of Utah did not reach a settlement after two of mediation with the parents of slain track star Lauren McCluskey who filed a $56 million lawsuit over her death in 2018. The McCluskeys’ attorney Jim McConkie described the …