January 28, 2020
Insight Companies Inc.
Mon, 27 Jan 2020 02:14:07 +0000
Five people in the United States, all of whom recently traveled from Wuhan, China, have been diagnosed with the new coronavirus, officials of the federal Centers for Disease Control and Prevention said on Sunday. The count includes new patients identif...
Fri, 24 Jan 2020 17:20:27 +0000
Surplus lines flood insurance premium filed with the Surplus Lines Stamping Office of Texas (SLTX) has increased annually over the past five years, according to SLTX. Additionally, while NFIP premium dipped in 2017, it rose in 2018 and Texas premium …
Fri, 24 Jan 2020 17:01:02 +0000
California Insurance Commissioner Ricardo Lara today announced a measure that enables people with cannabis-related convictions to obtain an insurance license. Lara announced the California Department of Insurance will use its discretion in deciding whe...
Fri, 24 Jan 2020 16:56:02 +0000
Although workers’ compensation results remain strong—and the line continues to outperform all other commercial insurance lines—worries about continued soft pricing and loss reserve levels for workers’ compensation specialists prompted a rating agen...
Fri, 24 Jan 2020 16:51:32 +0000
Exxon Mobil dodged a bullet last month when a judge rejected a novel climate-change lawsuit brought by New York’s attorney general. The case began with a promise from state officials that there would be a historic reckoning for the fossil …
Fri, 24 Jan 2020 16:17:52 +0000
Total compensation and salary adjustments on average fell slightly in agencies responding to the 2019 Agency Salary Survey – but that trend didn’t impact employee satisfaction. On average, employee satisfaction with compensation overall rose again in 2...
Fri, 24 Jan 2020 16:00:53 +0000
The city of Los Angeles has agreed to pay $5.75 million to the parents of a Marine veteran who died after police jolted him six times with a stun gun during a 2014 confrontation. The City Council unanimously approved a …
Fri, 24 Jan 2020 15:58:18 +0000
California Gov. Gavin Newsom is urging a federal judge to reject Pacific Gas and Electric’s blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation. In a …
Fri, 24 Jan 2020 14:42:36 +0000
Two of the largest property/casualty insurers in the U.S., Allstate and Nationwide, made headlines recently when they announced shifts in their respective multi-brand portfolios. Faced with the prospect of staying relevant in an environment that has se...
Fri, 24 Jan 2020 14:04:10 +0000
The effects on multinational businesses from a potentially worsening Wuhan coronavirus outbreak could be severe, which is why they need to review, test and potentially update plans related to business continuity, crisis management and crisis communicat...
Fri, 24 Jan 2020 13:47:03 +0000
A fast-moving fire roared through a southern New Jersey apartment complex, damaging dozens of units but causing no injuries, authorities said. The fire broke out late Monday in the Buttonwood Village complex in Gloucester Township. Firefighters battled...
Fri, 24 Jan 2020 13:44:32 +0000
The Philadelphia District Attorney’s Office (DAO) has charged insurance adjuster Michael R. Shelly with insurance fraud, forgery, theft by deception and theft by failure to make required disposition of funds for stealing more than $722,000 from Bridesb...
Fri, 24 Jan 2020 13:38:44 +0000
The Hilb Group LLC (THG) has acquired Maryland-based Martens Johnson Insurance Agency Inc. (MJIA). The transaction became effective January 1, 2020. MJIA is a full-service insurance agency focused on the unique needs of the commercial transportation in...
Fri, 24 Jan 2020 13:25:13 +0000
Uber Technologies Inc. will put self-driving vehicles on Washington, D.C. roads Friday with human drivers in control, the ride share company said on Thursday, as it seeks to collect data for future deployment of fully self-driving vehicles. Uber is col...
Fri, 24 Jan 2020 12:37:39 +0000
London’s main transportation regulator has released a scathing document detailing why it moved to ban Uber Technologies Inc. from operating in the city. The regulator lists several safety concerns, including the charge that it didn’t receive proper not...
Fri, 24 Jan 2020 12:14:14 +0000
The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by hailstorms that struck eastern Melbourne, the Australian Capital Territory and parts of New South Wales on Sunday and Monday (Jan. 19-Jan. 20). Insured losses from...
Fri, 24 Jan 2020 11:37:58 +0000
Australian wildfires that have razed thousands of homes and blackened an area about the size of England may also create the nation’s first climate refugees. That’s the view of Michael Mann, distinguished professor of atmospheric science at Pennsylvania...
Fri, 24 Jan 2020 11:03:06 +0000
China’s new deadly virus is more difficult to contain than other pandemics because those infected may not get a fever, a symptom governments around the world are using to screen for the pathogen. The National Health Commission told local governments …
Fri, 24 Jan 2020 07:30:48 +0000
With Indonesia’s oldest life insurer tottering on the brink of collapse following years of alleged mismanagement, authorities plan to tighten surveillance of the industry by overhauling regulations and setting up a rescue agency. The government plans t...
Fri, 24 Jan 2020 07:25:19 +0000
President Donald Trump has approved a disaster declaration for North Dakota after an October storm dumped heavy rain and snow on a large part of the state. Gov. Doug Burgum made the request last month and announced Trump had approved …
Fri, 24 Jan 2020 07:15:22 +0000
AXA SA is considering options for its Middle Eastern operations including a potential sale, as Chief Executive Officer Thomas Buberl continues to streamline the operations of Europe’s second-largest insurer, people familiar with the matter said. The Fr...
Fri, 24 Jan 2020 07:15:12 +0000
Financial firms in Britain should be ready in case no trade agreement is struck with the European Union by December, a senior U.K. regulator said on Thursday. Britain leaves the EU next week, followed by a “business as usual” transition …
Fri, 24 Jan 2020 06:47:29 +0000
After years of mostly ignoring climate change, Florida lawmakers waded deeper into the matter on Tuesday , advancing a proposal that would create a statewide Office of Resiliency and establish a task force to begin looking into how best to …
Fri, 24 Jan 2020 06:42:34 +0000
Four thoroughbred racehorses were euthanized after competing at a New Orleans track in a 10 -day span, prompting criticism from an animal advocacy group based in Washington D.C. Officials at the New Orleans Fair Grounds Race Course didn’t specify the …
Fri, 24 Jan 2020 06:36:42 +0000
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Milwaukee Valve Company Inc. – based in Prairie du Sac, Wisconsin – for exposing employees to lead and copper dust at rates higher than the permissible ex...
Fri, 24 Jan 2020 06:13:08 +0000
An insurance company must reimburse a Kansas man for the personal care his wife provided after he was injured in an automobile accident, the state Supreme Court ruled in rejecting that spouses are required to provide such support without compensation. …
Fri, 24 Jan 2020 06:04:45 +0000
Houston-based Galiot Insurance Services, with a specialty in the life sciences sector, and insurance broker Higginbotham, headquartered in Fort Worth, Texas, have merged operations. Galiot President and CEO Brian Toglia, with 14 years of experience in ...
Fri, 24 Jan 2020 06:00:48 +0000
The family of a 5-year-old boy who died on a kayaking excursion filed a lawsuit against the school that conducted the trip. The family of Alaric Chiu filed the lawsuit last week against Mid-Pacific Institute citing reckless behavior and gross …
Fri, 24 Jan 2020 06:00:38 +0000
Travelers Companies Inc. has set aside a “modest” amount of additional money to cover its possible exposure to child sex-abuse claims, the insurer’s finance chief, Daniel Frey, told analysts during an earnings call on Thursday. Two analysts asked about...
Fri, 24 Jan 2020 06:00:14 +0000
A father is suing Redmond, Ore. police because he says they used excessive force when they used a Taser stun gun on his 14-year-old son nearly two years ago. Michael Francisco filed the civil rights lawsuit last week in U.S. …