Tue, 22 Sep 2020 15:40:03 +0000
New York State Department of Financial Services (DFS) Superintendent Linda Lacewell today implemented several new initiatives to address climate-related financial risks, calling on insurers to begin integrating these practices into their risk managemen...
Tue, 22 Sep 2020 15:06:15 +0000
A tree that made contact with a power line apparently started a wildfire that burned dozens of homes in eastern Washington, according to a utility company. The fire burned the vast majority of homes in Malden and Pine City, including …
Tue, 22 Sep 2020 15:02:28 +0000
Despite a highly competitive property/casualty insurance industry and pressures on operating performance, U.S. mutual insurance companies reported continued improvement in underwriting performance in 2019 and managed to grow surplus. According to the A...
Tue, 22 Sep 2020 15:00:40 +0000
A graduate student at the University of Washington filed a lawsuit demanding tuition reimbursement after the school shifted most of its classes online for the remainder of the year. Alexander Barry wrote in the complaint filed Wednesday in King County …
Tue, 22 Sep 2020 14:58:04 +0000
A wildfire burning through brush and timber from the mountains to the desert northeast of Los Angeles threatened more than 1,000 homes on Tuesday as crews across the West battled dozens of other major blazes. The Bobcat Fire in Southern …
Tue, 22 Sep 2020 14:07:09 +0000
A 200-strong coterie of mostly men gathered in the Poconos Mountains earlier this month to engage in what some regard as this pandemic era’s ultimate taboo: a bacchanalian party. The Utopia music festival took place over the Labor Day holiday …
Tue, 22 Sep 2020 13:54:12 +0000
“California, folks, is America fast forward.” Thus said Governor Gavin Newsom, hoarsely, amid brown smoke at the North Complex Fire on Sept. 11. “What we’re experiencing right here is coming to a community all across the United States of America …
Tue, 22 Sep 2020 13:35:53 +0000
The U.S. government is falling behind global rivals when it comes to protecting meatpacking workers from Covid-19 infections, even though the nation’s plants were among the first to confront rampant cases across factories. In Germany, the government is...
Tue, 22 Sep 2020 13:33:26 +0000
Three passengers suffered minor injuries Sunday when a New York City subway train derailed after hitting construction debris that had been thrown onto the tracks, authorities said. The derailment happened at about 8:15 a.m. at the 14th Street and Eighth …
Tue, 22 Sep 2020 13:27:37 +0000
Davies, a specialist professional services and technology business, has acquired TriPlus Service Inc, a long-term care insurance third party administrator (TPA) based in Massachusetts. TriPlus provides its long-term care carrier clients with claims and...
Tue, 22 Sep 2020 12:55:08 +0000
The Financial Conduct Authority has set its sights on revamping the UK motor and home insurance marketplace to help customers, especially loyal policyholders, save money. The FCA is proposing reforms of these markets that it says will “enhance competit...
Tue, 22 Sep 2020 11:33:58 +0000
A panel set up by Royal Caribbean Group and Norwegian Cruise Line Holdings Ltd. said on Monday it had submitted a report to the U.S. Centers for Disease Control and Prevention (CDC) detailing health and safety protocols, hoping to set …
Tue, 22 Sep 2020 11:25:16 +0000
Vaccine makers will be indemnified in Europe if their COVID-19 shots cause unexpected side-effects, an industry official said on Tuesday, as nearly 40 firms pursue talks on possible authorisation for shots in development. The European Commission has co...
Tue, 22 Sep 2020 11:16:06 +0000
Britain will adopt tough but less bureaucratic financial rules after Brexit, starting with simpler regulation of small banks, Bank of England Deputy Governor Sam Woods said on Tuesday. Britain will soon unveil new legislation for regulating the City of...
Tue, 22 Sep 2020 06:00:36 +0000
AAIS (the American Association of Insurance Services) has received approval from six state insurance departments for its health-emergency policy endorsement, clarifying coverage and cancellation provisions in the wake of COVID-19. To date, the endorsem...
Tue, 22 Sep 2020 05:31:50 +0000
Patients and donors to at least four different health care providers in Minnesota are being notified that their personal information may have been compromised. The potential data breach involves hundreds of thousands of patients and donors at Children’...
Tue, 22 Sep 2020 05:01:53 +0000
A Houston plaintiff’s attorney defeated State Farm Lloyd’s for the fourth time on the same issue, this time coming away with a federal appellate court ruling that policyholders don’t have to prove that their insurer acted in bad faith in …
Tue, 22 Sep 2020 05:00:53 +0000
President Donald Trump on Sunday declared a major disaster in three Alabama counties battered by Hurricane Sally. Storm surge and torrential rains swamped Mobile and Baldwin counties on either side of Mobile Bay when slow-moving Sally made landfall Wed...
Tue, 22 Sep 2020 05:00:32 +0000
Wildfires among ponderosa pines and Douglas firs of the U.S. West have long been part of nature’s cycle of renewal, as much as the changing of the seasons. But as climate change makes the region more arid, wildfires have grown …
Tue, 22 Sep 2020 05:00:30 +0000
The international gymnastics federation will hold a conference next month to discuss misconduct and abuse in elite programs and develop new rules of conduct, the body said Friday. Gymnasts from countries including Britain, the Netherlands and Australia...
Tue, 22 Sep 2020 05:00:16 +0000
British Prime Minister Boris Johnson will tell people on Tuesday to work from home where possible and will curb timings for bars and restaurants to tackle a fast-spreading second coronavirus wave, but the opposition accused him of losing control. With …
Tue, 22 Sep 2020 05:00:12 +0000
Irvine, Calif.-based Burnham Benefits Insurance Services Inc. has named Chris Martin chief growth officer. Martin has 30 years of experience in the healthcare and insurance industry. He was previously chief business development officer at Crossover Hea...
Tue, 22 Sep 2020 04:53:43 +0000
Florida’s Citizens Property Insurance Corp., the state-run insurer of last resort, announced two recent changes to its board of governors. Joining the board in August was Carlos Beruff, a Manatee County businessman. Beruff was appointed by Senate Presi...
Mon, 21 Sep 2020 16:59:48 +0000
U.S. park officials have failed to show enough was done to keep the public updated as a deadly wildfire spread from Great Smoky Mountains National Park in 2016, a judge ruled. The decision earlier this month by U.S. District Judge …
Mon, 21 Sep 2020 16:46:27 +0000
Hundreds of thousands of people were without power Friday along the Alabama coast and the Florida Panhandle in the aftermath of Hurricane Sally as officials assessed millions of dollars in damage that included a broken bridge in Pensacola and ships …
Mon, 21 Sep 2020 16:45:40 +0000
With the addition of nine new indictments, 28 people now have been charged in a federal probe into the staging of automobile accidents in Louisiana, according to U.S. Attorney Peter G. Strasser. The nine defendants were charged in a seven-count …
Mon, 21 Sep 2020 16:26:03 +0000
Lockton has formed a strategic alliance with Birwood Services Group, a Detroit-based certified minority business enterprise (MBE) insurance brokerage. Lockton’s alliance with Birwood is part of the company’s strategy to fill a void in the insurance mar...
Mon, 21 Sep 2020 16:18:57 +0000
AmRisc Group, a Houston, Texas-based managing general underwriter for catastrophe and special property insurance, has rebranded its AmRisc Wholesale division to Waypoint Wholesale. In addition to the new brand, there is a new logo — a compass rose wi...
Mon, 21 Sep 2020 16:15:19 +0000
Repairs to a leaking gas well just off the Texas coast have been halted because of Tropical Storm Beta, according to the city of Corpus Christi. “Due to deteriorating weather conditions, offshore repairs are temporarily on hold on the Magellan …
Mon, 21 Sep 2020 15:55:38 +0000
The Kansas Supreme Court has waded into the fray over obscure medical guidelines that will determine how much money workers injured on the job can collect. Justices on Sept. 17 heard legal arguments on Zoom over which edition of the …