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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...
Mon, 01 Jun 2020 20:48:59 +0000
The Workers’ Compensation Insurance Rating Bureau of California on Monday released a study looking at the historic impact of economic downturns on workers’ comp claim frequency and the potential impact of COVID-19 on claims. The study, Impact of Econom...
Mon, 01 Jun 2020 16:59:36 +0000
Openly Insurance, a tech-forward company that specializes in premium homeowners insurance, is expanding into Kentucky, the fifth state it is offering its product in to date. Kentucky makes it the fifth state to now offer Openly’s exclusive homeowners i...
Mon, 01 Jun 2020 16:55:10 +0000
Gov. Bill Lee’s administration announced Friday that long-term care facilities will soon be required to test all of their residents and staff for COVID-19 after initially just urging nursing homes to do so. According to Lee’s office, the Healthcare Fac...
Mon, 01 Jun 2020 16:48:13 +0000
Some business owners in Charleston, South Carolina, swept up broken glass, boarded windows and took stock of ransacked shelves Sunday morning after protests erupted into violence in South Carolina. Broken glass littered sidewalks outside storefronts in...
Mon, 01 Jun 2020 16:46:19 +0000
The federal agency that oversees workplace safety said Friday that it had issued its first citation in the U.S. related to the coronavirus outbreak: against a Georgia nursing home that delayed reporting the hospitalization of six infected workers. The ...
Mon, 01 Jun 2020 16:14:16 +0000
A construction worker from Minnesota who was electrocuted and fell from a building is suing the city of Sibley, Iowa, for negligence. Victor Maldonado, of Worthington, Minnesota, alleges in a lawsuit that the city knew the high-voltage power line was …
Mon, 01 Jun 2020 16:12:50 +0000
In a case of competing deductibles, a federal appeals court has sided with an insurer and against the owner of two Houston office buildings, holding that a larger windstorm deductible applied to flood damage caused by Hurricane Harvey rather than …
Mon, 01 Jun 2020 16:09:42 +0000
Almost $23 million in opioid settlement funds will go to municipalities and counties throughout Oklahoma that have been impacted by the crisis of opioid addiction. The funds are from settlements reached by Oklahoma Attorney General Mike Hunter with opi...
Mon, 01 Jun 2020 16:05:16 +0000
First-term Minneapolis Mayor Jacob Frey appeared to be doing everything right. He worked with the city’s booming business community and the City Council. He reached out to minority neighborhoods and advocated for affordable housing. He implemented stri...
Mon, 01 Jun 2020 16:03:15 +0000
Louisiana lawmakers want to give protections from most lawsuits for coronavirus deaths and injuries to businesses that never closed during the outbreak and those that are newly reopening. The Republican-led bills by Sen. Sharon Hewitt of Slidell, Sen. ...
Mon, 01 Jun 2020 16:02:35 +0000
Aon announced that Brent Rieth is the new U.S. Practice Leader of the Cyber Solutions Errors and Omissions/Cyber Broking team. Rieth first joined Aon in 2009 as team leader of the E&O/Cyber broking effort for multi-national clients. In December 2018, …
Mon, 01 Jun 2020 15:56:29 +0000
Two men who were arrested as teenagers and spent nearly half their lives behind bars after being wrongfully convicted of murder have sued Chicago police and Cook County prosecutors for malicious prosecution, lawyers for the men says. John Fulton and …
Mon, 01 Jun 2020 15:10:20 +0000
Some victims of childhood sex abuse who are considering suing the Boy Scouts of America face a choice: an anguished rush to meet a deadline earlier than what lawmakers intended, or wait and sue local councils, perhaps putting them at …
Mon, 01 Jun 2020 15:07:41 +0000
UK insurance executives have taken another step toward developing a public-private risk-financing mechanism for future pandemics with the creation of work streams to take the idea from the drawing board to an operating company. So-called “Pandemic Re,”...
Mon, 01 Jun 2020 14:41:06 +0000
Google kept tabs on the whereabouts of its users even if they had turned off location tracking, an Arizona official alleged in a lawsuit filed Wednesday. The suit filed by Attorney General Mark Brnovich stemmed from an investigation that began …
Mon, 01 Jun 2020 14:38:56 +0000
The state of Arizona doesn’t have to publicly reveal the number of coronavirus cases and deaths among residents of nursing homes, long-term facilities and retirement homes, a state judge ruled on Friday. The ruling marked a loss for news organizations …
Mon, 01 Jun 2020 14:36:37 +0000
A cab driver seriously hurt after being hit while a Portland, Ore. police officer chased a motorist the wrong way down Interstate 84 will receive a $125,000 settlement from the city. The Portland City Council voted Wednesday to pay Ethiopia …
Mon, 01 Jun 2020 14:32:15 +0000
Maryland’s attorney general says byproducts from a closed paper mill are continuing to pollute the Potomac River. The Baltimore Sun reports that AG Brian Frosh made the claims in a federal lawsuit that was filed Thursday. The suit involves a …
Mon, 01 Jun 2020 14:20:02 +0000
Thousands of people gathered in Philadelphia and Pittsburgh on Saturday to protest the death in Minneapolis of George Floyd, but the peaceful demonstrations later turned violent with police cars set ablaze and protesters smashing store windows and jour...
Mon, 01 Jun 2020 14:14:31 +0000
For more than a century, New Orleans has depended on canals and pumps to get rid of stormwater in a city where about half the land is below sea level. Now the bustling Mississippi River port that expanded by filling …
Mon, 01 Jun 2020 13:44:34 +0000
An initially peaceful demonstration in New York City over the death of George Floyd, a black man killed by police in Minnesota, spiraled into chaos as night fell Friday, as protesters skirmished with police officers, destroyed police vehicles and set …
Mon, 01 Jun 2020 13:05:18 +0000
Occidental Petroleum Corp. has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices, after paying $35.7 billion to acquire Anadarko Petr...
Mon, 01 Jun 2020 12:57:52 +0000
As U.S. businesses reopen after weeks of pandemic lockdowns, many have been posting coronavirus disclaimers or requiring employees and patrons to sign waivers before entering. From hair salons and recreation centers to stock exchanges and wedding photo...
Mon, 01 Jun 2020 12:31:23 +0000
Cattolica Assicurazioni said on Monday that Italy’s insurance regulator had told it to raise 500 million euros ($557 million) after the coronavirus crisis knocked its solvency ratio, a measure of financial strength. The Bank of Italy warned last month ...
Mon, 01 Jun 2020 11:50:29 +0000
Italian eyewear billionaire Leonardo Del Vecchio stepped up his efforts to become a bigger player in Italy’s finance industry, asking for approval to raise his stake in Mediobanca SpA to as much as 20%. The shares jumped as much as …
Mon, 01 Jun 2020 11:11:15 +0000
K2 Insurance Services, the underwriting and distribution specialist in the U.S. program insurance market, announced the launch of K2 International, a specialty insurance and reinsurance underwriting platform, based in London. K2 International has been ...
Mon, 01 Jun 2020 10:39:25 +0000
The UK broker SSL Endeavour has rebranded as Oneglobal Broking. The business is led by Chairman Jonathan Palmer-Brown and Chief Executive Officer Mike Reynolds. The new business will bring local expertise and knowledge direct to the client or retail br...
Mon, 01 Jun 2020 09:25:17 +0000
The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already battered by the impact of the coronavirus pandemic on their underwriting and investment positions. However, recent years o...
Mon, 01 Jun 2020 09:02:07 +0000
Insurers including Hiscox, RSA and QBE will take part in a UK test case to decide whether their policies should pay out millions of pounds to companies hit by the coronavirus pandemic, the industry regulator said on Monday. A national …