August 14, 2020

Fri, 14 Aug 2020 20:33:56 +0000
Nevada Gov. Steve Sisolak has signed legislation expanding workplace safety protections for hotel and casino employees and shielding businesses that follow health directives from coronavirus-related lawsuits. “It’s about acknowledging that Nevada relie...
Fri, 14 Aug 2020 20:24:01 +0000
Dry vegetation fueled three wildfires near Los Angeles amid warnings Friday that the risk of new blazes erupting was high as temperatures spike and humidity levels drop during a statewide heat wave. A huge forest fire that prompted evacuations north …
Fri, 14 Aug 2020 16:50:06 +0000
A Texas-based anesthesiologist has been sentenced to five and a half years in prison and ordered to pay more than $82.9 million in restitution for his part in a $200 million healthcare and insurance fraud scheme, according to federal attorneys. …
Fri, 14 Aug 2020 16:31:45 +0000
The conditions of Oklahoma’s highway bridges used to be ranked as some of the worst by federal highway officials. A new ranking by the Federal Highway Administration shows they have achieved the status of the some of the best nationally. …
Fri, 14 Aug 2020 16:14:50 +0000
A Nebraska county that owes $28.1 million to six people wrongfully convicted of murder reached a settlement with several insurance companies to help pay part of the judgment. The Gage County board approved agreements with six insurers to secure $5.98 …
Fri, 14 Aug 2020 15:27:14 +0000
Axa SA is in talks to sell its Greek operations to Italian insurer Assicurazioni Generali SpA, according to people familiar with the matter, as part of its plans to ditch business lines deemed surplus to requirements. The two companies and …
Fri, 14 Aug 2020 15:03:14 +0000
The Trump administration has filed a motion asking a court to dismiss a lawsuit against the president’s executive order targeting social media companies, calling it a “profound misunderstanding,” according to a copy of the motion seen by Reuters. The l...
Fri, 14 Aug 2020 14:43:53 +0000
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China’s securities regulator for its planned blockbuster initial public offering. The group, China’s biggest mobile payments company, sai...
Fri, 14 Aug 2020 14:15:08 +0000
CopperPoint Insurance Cos., a western-based super regional commercial insurance company, announced a new regional structure led by regional presidents. The company has organized its core 10 state western footprint into three regions: California Region ...
Fri, 14 Aug 2020 13:05:48 +0000
An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance reciprocal and MGA focused on catas...
Fri, 14 Aug 2020 12:35:02 +0000
Risman Insurance Agencies acquired Insurance Associates Inc. of Burlington, Mass., on August 3, 2020. Insurance Associates has been a family-owned and -operated business and a member of the community for more than eight decades. Risman Insurance Agenci...
Fri, 14 Aug 2020 12:27:15 +0000
Massachusetts Attorney General Maura Healey has announced the creation of the Data Privacy and Security Division within her office to protect consumers from threats to the privacy and security of their data. Healey has also named Sara Cable as chief …
Fri, 14 Aug 2020 12:25:11 +0000
Americans who suffer adverse reactions to coronavirus vaccines that the U.S. is racing to develop will have a hard time getting compensated for injuries from the drugs. That’s because pandemic-related claims for vaccines will be routed to a rarely used …
Fri, 14 Aug 2020 12:21:20 +0000
Twenty fire departments in Maine are getting gas detection meters from the state to help prevent another disaster like the Farmington gas leak explosion. The explosion last September killed Farmington fire Capt. Michael Bell and injured seven other peo...
Fri, 14 Aug 2020 12:15:04 +0000
A company that shreds scrap metal has agreed to pay the largest fine ever imposed under Rhode Island’s air pollution rules. Under a legal settlement announced Wednesday, Sims Metal Management will pay $875,000 and install pollution control equipment at...
Fri, 14 Aug 2020 11:48:11 +0000
Daimler said on Thursday it has reached agreements costing nearly $3 billion to settle civil investigations by U.S. regulators and lawsuits from vehicle owners stemming from a long-running probe into software to cheat diesel emissions tests. The settle...
Fri, 14 Aug 2020 11:18:33 +0000
Amazon.com can be held liable like other traditional retailers for injuries from defective products sold via its sprawling e-commerce marketplace, a California state appeals court ruled on Thursday. The decision overturned a San Diego Superior Court ru...
Fri, 14 Aug 2020 11:05:53 +0000
The U.S. Justice Department on Thursday accused Yale University of illegally discriminating against Asian American and white applicants in its undergraduate admissions process in violation of U.S. civil rights law. The findings are the result of a two-...
Fri, 14 Aug 2020 10:34:34 +0000
A Japanese bulk carrier struck a coral reef off the Indian Ocean island nation of Mauritius on July 25, spilling about 1,000 tonnes of fuel oil and triggering a state of “environmental emergency.” Scientists say the spill is the country’s …
Fri, 14 Aug 2020 09:11:53 +0000
Marsh, the insurance broker and risk adviser, announced the appointment of Scott Leney as risk management leader for both its Asia and Pacific regions. In his new role, Leney will oversee Marsh’s regional risk management teams as they build on …
Fri, 14 Aug 2020 08:56:19 +0000
Insurers in the Middle East are expected to absorb a large part of the losses from Beirut’s explosion last week with Lloyd’s of London and other international players expected to be less exposed, insurance industry sources said. Lebanese officials have …
Fri, 14 Aug 2020 06:18:22 +0000
A car owner should be able to pay lower insurance premiums for driving a car with safety features, such as automated braking that stops the car when the driver is distracted or lane keep assist systems that help prevent a …
Fri, 14 Aug 2020 06:17:22 +0000
It’s not just insurtech startups that have an edge on innovation. Some established reinsurers have developed their own analytics and technology divisions that offer a variety of insurtech-type solutions for clients. Swiss Re, for example, set up such a...
Fri, 14 Aug 2020 05:22:32 +0000
High Street Insurance Partners (High Street), a portfolio company of the private equity firm Huron Capital, has acquired Capital Insurance Group (CIG), headquartered in Bloomfield, Michigan. CIG primarily sells commercial insurance programs throughout ...
Fri, 14 Aug 2020 05:08:43 +0000
El Paso, Texas-based surplus lines managing general agent, Litchfield Special Risks Inc., has added Melissa Harris as a property/casualty underwriter. Harris is experienced in commercial underwriting and joins LSRI after serving as an underwriter for a...
Fri, 14 Aug 2020 05:00:24 +0000
InterWest Insurance Services has named Melanie Brubaker a commercial insurance broker in the Chico, Calif., office. She has more than 17 years of sales experience. She was previously a benefits advisor with Aflac. She owned a marketing firm before that. …
Fri, 14 Aug 2020 05:00:19 +0000
The Liberty Company Insurance Brokers has named Melissa Merrick director of agency integration and onboarding. She is located in the Los Angeles, Calif., office. Merrick will be heading up the agency partners and producer integration and onboarding tea...
Fri, 14 Aug 2020 04:45:27 +0000
xA Florida school district was wrong when it forced a transgender high school student to either use the girls bathroom or a single-stall gender neutral bathroom, a federal appeals court ruled. The ruling issued Aug. 7 sides with Drew Adams, …
Fri, 14 Aug 2020 04:35:26 +0000
Campus workers in the University of North Carolina system have filed a lawsuit saying working conditions are unsafe and that workers are reporting for work with inadequate protective equipment amid the COVID-19 outbreak. Some university employees, incl...
Fri, 14 Aug 2020 04:29:24 +0000
BKS Partners, a Tampa-headquartered insurance brokerage and risk management firm has appointed Frank Baker to partner. Baker joined the firm as a founding member in 2006. He came aboard with experience in Tampa’s recreational maritime interests and ass...