June 2, 2020
Insight Companies Inc.
Tue, 02 Jun 2020 16:59:47 +0000
Mississippi has established a website where owners of small businesses can soon start applying for grants funded by a federal coronavirus pandemic relief package, Gov. Tate Reeves said Friday. The site – backtobusinessms.org – has rules for the program...
Tue, 02 Jun 2020 16:58:08 +0000
AXA XL’s North America Construction insurance business is launching the Construction Ecosystem, an integrated digital platform, employing construction technologies to monitor and aggregate data that provides AXA XL’s contractor clients with insights an...
Tue, 02 Jun 2020 16:41:36 +0000
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has issued a mandatory data call for certain information related to COVID-19 injuries reported to selected insurance carriers on or after Dec. 1, 2019. The Workers’ Compensation...
Tue, 02 Jun 2020 16:34:34 +0000
An Oklahoma-based internet retailer will pay $55,000 to settle a disability discrimination lawsuit, federal officials say. In its lawsuit, the U.S. Equal Employment Opportunity Commission (EEOC) said Black Forest Décor LLC, based in Jenks, Oklahoma, u...
Tue, 02 Jun 2020 16:27:43 +0000
Baldwin Krystyn Sherman Partners LLC (BKS-Partners), the middle-market subsidiary of Tampa, Florida-based insurance distribution firm, BRP Group, has acquired substantially all assets of Rosenthal Bros. Inc. (Rosenthal Brothers), a Chicago-based provid...
Tue, 02 Jun 2020 16:15:03 +0000
Auto insurers in Michigan have been ordered to issue refunds or premium waivers to policyholders due to reduced driving and resulting decrease in risk to insurers brought on by the stay at home orders related to the COVID-19 pandemic. In …
Tue, 02 Jun 2020 16:07:29 +0000
Four of the country’s biggest publishers have sued a digital library for copyright infringement, alleging that the Internet Archive has illegally offered more than a million scanned works to the public, including such favorites as Toni Morrison’s “Song...
Tue, 02 Jun 2020 15:14:06 +0000
Poms & Associates has named Jennifer M. Schirtz vice president of insurance placement. Schirtz is responsible for managing relationships with insurance carriers. Schirtz joins Poms & Associates from HUB International Insurance Services Inc., where she ...
Tue, 02 Jun 2020 14:46:30 +0000
A Nevada-based property management company that issued eviction notices to tenants in Tacoma during the coronavirus pandemic has agreed to pay nearly $350,000 to resolve a lawsuit filed by Washington state Attorney General Bob Ferguson. The money inclu...
Tue, 02 Jun 2020 14:40:33 +0000
Donald W. Grant served as the chair of the board of directors for the Surplus Line Association of California, was involved in the wholesale brokerage community and founded a managing general agency. Grant died on May 24. Former SLA board …
Tue, 02 Jun 2020 14:35:29 +0000
Faced with a common peril, people delay making decisions that might save lives, fail to alert each other to danger and spread misinformation. Those may sound like behaviors associated with the current pandemic, but they actually surfaced in experiments...
Tue, 02 Jun 2020 14:30:01 +0000
QBE North America has promoted Steve Gransbury to head of Specialty Insurance, a new group of existing QBE businesses, and promoted Tara Krauss to head of Accident & Health. The Specialty Insurance unit Gransbury now leads consists of QBE’s Accident …
Tue, 02 Jun 2020 14:05:00 +0000
Another 24,500 individuals have filed initial claims for unemployment benefits last week – more than double the number of claims the previous week, the Maine Department of Labor said Thursday. The large number of claims is suspicious, coming off a …
Tue, 02 Jun 2020 13:55:05 +0000
SUITELIFE Underwriting Managers, a managing general underwriter for full-service hotels, premier hotels, boutique hotels, condo-hotels, resorts and hotel management companies, has hired Zach Gentile as an underwriter. SUITELIFE is a Series of RSG Under...
Tue, 02 Jun 2020 13:44:57 +0000
Four states have passed laws that grant businesses immunity from civil liability for claims relating to COVID-19, while legislation in at least three other states is advancing. The bills signed into law by the governors of North Carolina, Oklahoma, Utah …
Tue, 02 Jun 2020 13:08:43 +0000
Defense attorney Ellen Greiper reported receiving more than the usual number of phone calls from plaintiffs attorneys earlier this month, suggesting that the call dynamics could be signaling a COVID-driven change in social inflation trends. “I have had...
Tue, 02 Jun 2020 12:41:12 +0000
How is the coronavirus pandemic affecting you 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 by …
Tue, 02 Jun 2020 12:22:05 +0000
International General Insurance Holdings Ltd. has launched a Marine Trades insurance product, which covers the smaller recreational marine market across the UK. The addition of the Marine Trades product complements the company’s existing Ports & Termin...
Tue, 02 Jun 2020 12:05:42 +0000
Significant investments in direct-to-consumer website and mobile design have helped property/casualty insurance companies improve their digital service and shopping experiences. Consultants at J.D. Power say insurers have made across-the-board improvem...
Tue, 02 Jun 2020 11:34:35 +0000
The first tropical storm of the Eastern Pacific season drenched parts of Central America Sunday and officials in El Salvador said at least seven people had died in flooding. President Nayib Bukele decreed a 15-day state of emergency to deal …
Tue, 02 Jun 2020 11:21:55 +0000
A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount to a “staggering” additional liability arising from the German automaker’s diesel emissions scanda...
Tue, 02 Jun 2020 10:51:57 +0000
Mumbai, the financial capital of Asia’s third-largest economy, is likely to be affected by a cyclonic storm Wednesday, potentially causing widespread disruption in business and hurting efforts to fight the virus outbreak in a city that’s emerged as the...
Tue, 02 Jun 2020 09:32:45 +0000
Lloyd’s announced the appointment of Marc Lipman as president, Lloyd’s Canada, and attorney-in-fact (AIF) for Lloyd’s Underwriters. Lipman assumes the role of AIF from Lisa Duval, who took the position last year on an interim basis and now returns to …
Tue, 02 Jun 2020 08:58:35 +0000
Skuld, the marine insurance provider, announced it has reached an agreement with legacy specialist The RiverStone Group for the sale of its Lloyd’s Syndicate 1897, which was placed into run-off in July 2019. Financial details of the transaction, which ...
Tue, 02 Jun 2020 08:56:21 +0000
The leader of governor’s committee studying how to best reopen South Carolina after the coronavirus said one of the most critical pieces of unfinished business is protecting businesses from lawsuits if they follow safety recommendations. Freeing busine...
Tue, 02 Jun 2020 07:30:06 +0000
Reliance Partners (Reliance), a privately-held commercial insurance agency for the transportation and logistics industry, has promoted Jamie Cannon to vice president of the 3PL division. Cannon will lead Reliance’s logistics and freight brokerage divis...
Tue, 02 Jun 2020 06:46:37 +0000
Reinsurance coverage for the Florida Hurricane Catastrophe Fund will not be purchased for the upcoming hurricane season after overseers of the fund evaluated the market and found a lack of private capital availability. In a statement, John Kuczwanski, ...
Tue, 02 Jun 2020 06:30:17 +0000
Panama’s Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its flag from the ship, if they deliberately deactivate, tamper or alter the operation of their tracking transponders. “This General ...
Tue, 02 Jun 2020 06:08:41 +0000
A New Orleans man has pleaded guilty in a case involving staged accidents between automobiles and tractor-trailers in that city, the U.S. Attorney’s office announced. Mario Solomon, 48, a entered a guilty plea on May 28 to a charge of …
Tue, 02 Jun 2020 01:26:20 +0000
The Property & Inland Marine Division of Cincinnati, Ohio-based Great American Insurance Group has launched Cornerstone Complete, a comprehensive insurance product that addresses increased exposures for construction projects. As a single, comprehensive...