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Wed, 08 Apr 2020 18:27:22 +0000
The Workers’ Compensation Insurance Rating Bureau of California’s governing committee has decided not to submit a July 1, 2020 rate. The committee met this week to review the WCIRB actuarial committee’s analysis of Dec. 31, 2019 California workers’ com...
Wed, 08 Apr 2020 16:59:48 +0000
A south Georgia pharmacy that gave out 350,000 illegal prescriptions from a doctor running a pill mill agreed to pay over $2 million in fines, authorities said. Chip’s Discount Drugs and pharmacist, Rogers “Chip” Wood, Jr., settled on a federal …
Wed, 08 Apr 2020 16:58:01 +0000
Nine people have now died in a coronavirus outbreak at a Tennessee nursing home that saw more than 100 people test positive. Sumner Regional Medical Center spokesman Kyle Brogdon on Tuesday confirmed the new total of fatalities from the Gallatin …
Wed, 08 Apr 2020 16:52:16 +0000
Acceptance Insurance has committed to helping its team members and customers during the COVID-19 pandemic through continued pay, home goods donations and safe working conditions, according to a statement from the company. While most Americans shelter i...
Wed, 08 Apr 2020 16:51:32 +0000
As mayors, nurses and doctors across South Dakota urged Gov. Kristi Noem to take action to restrict daily activity, the Republican governor on April 6 dialed up the pressure on businesses and people to curb the spread of the coronavirus, …
Wed, 08 Apr 2020 16:47:53 +0000
Arkansas’ largest city is banning vehicle caravans during the coronavirus outbreak after a large crowd of vehicles gathered over the weekend. Little Rock Mayor Frank Scott announced the executive order on April 6 in response to large crowds that gather...
Wed, 08 Apr 2020 16:38:26 +0000
A statistical model cited by the White House generated a slightly less grim figure Monday for a first wave of deaths from the coronavirus pandemic in the U.S. – a projection designed to help officials plan for the worst, including …
Wed, 08 Apr 2020 16:32:55 +0000
The Louisiana Department of Insurance has approved the filing by Bluefire Insurance to reduce its auto insurance rates in Louisiana, the company said, The 2.3% statewide rate reduction is effective March 25 Bluefire Insurance describes itself as a mana...
Wed, 08 Apr 2020 16:30:25 +0000
Great American Insurance Group, headquartered in Cincinnati, Ohio, has promoted Kenneth (Ken) R. Bearley to divisional executive vice president within its Bond Division. Bearley joined Great American in 1994 as an underwriter in the Bond Division’s Pit...
Wed, 08 Apr 2020 16:25:46 +0000
Federal officials have cited three employers for workplace safety hazards after a worker suffered injuries at Northwestern University’s campus in Evanston, Ill. Northwestern University, Hill Mechanical Corp. and National Heat & Power Corp. collectively...
Wed, 08 Apr 2020 16:22:59 +0000
The former owner of a chain of Oklahoma convenience stores will pay $160,000 to nine alleged victims of disability discrimination to resolve a federal lawsuit. According to the lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), B...
Wed, 08 Apr 2020 15:57:47 +0000
Millions of Americans are currently subject to shelter-in-place or stay-at-home orders as efforts to slow the spread of the current strain of coronavirus expand, thus requiring employees across all industries to shift to performing their jobs remotely....
Wed, 08 Apr 2020 15:05:12 +0000
Barbara Snowden dreamed of opening a wig shop to help women who’d lost their hair during chemotherapy feel better as they battled cancer. In November, she beamed at the grand opening of Hair Goals Club in the Houston suburb of …
Wed, 08 Apr 2020 14:33:09 +0000
The Federal Emergency Management Agency says Oregon will receive federal help for flooding and storms that happened in February in the northeastern section of the state. Federal disaster assistance will supplement state, tribal and local recovery effor...
Wed, 08 Apr 2020 14:27:38 +0000
Lawyers who negotiated a crucial $13.5 billion deal for the victims of deadly wildfires caused by Pacific Gas & Electric equipment are expressing serious doubts about whether the nation’s largest utility will be able to pay the full amount as …
Wed, 08 Apr 2020 14:24:39 +0000
California’s Department of Motor Vehicles on Tuesday authorized autonomous technology startup Nuro to test two driverless delivery vehicles in nine cities, a decision that comes as coronavirus concerns lock down many in the state. U.S. companies that d...
Wed, 08 Apr 2020 13:49:19 +0000
Officials in Virginia are warning of possible scams related to the coronavirus epidemic. And they’re particularly worried about the $1,200 checks that many Americans will receive from the federal government in the coming weeks and months. The warning c...
Wed, 08 Apr 2020 12:51:52 +0000
Allstate is returning savings resulting from shelter-in-place orders back to consumers. This comes as the company cited an unprecedented decline in driving due to shelter-in-place orders, which translates into fewer accidents. Nationally, the company p...
Wed, 08 Apr 2020 12:41:28 +0000
A fast-moving fire destroyed at least two eateries and left several people homeless in a northern New Jersey community, authorities said. The fire in downtown Ridgewood was reported around 9:30 p.m. Sunday. It started in a building housing a bagel …
Wed, 08 Apr 2020 11:49:28 +0000
Hiscox Ltd. is withdrawing all financial guidance for 2020 as a result of the uncertainties connected to the coronavirus crisis. In addition, it is canceling a scheduled dividend and will not conduct any share buybacks. “In view of the uncertain …
Wed, 08 Apr 2020 11:12:04 +0000
Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty in the assessment of these events by the insurance industry, which could make some weather risks uninsurable, according ...
Wed, 08 Apr 2020 09:12:27 +0000
British insurers canceled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank of England which had cautioned the sector about the risk of heavy costs from the spread of the coronavirus. Aviva, …
Wed, 08 Apr 2020 07:45:23 +0000
Peak Reinsurance Co. Ltd. has entered into definitive agreements to acquire 100% of the capital of Lutece Holdings Ltd. and its subsidiary Lutece Investment Management Ltd., a Bermuda-based insurance linked securities (ILS) asset manager. The transacti...
Wed, 08 Apr 2020 07:36:28 +0000
BMS Group (BMS), the independent specialist (re)insurance broker, has appointed Larry Broadnax as senior vice president, Property Facultative Leader, effective April 15. He will be based in Atlanta and report to Pete Chandler, president & CEO of BMS’s ...
Wed, 08 Apr 2020 07:08:36 +0000
After 10 years with Ageas UK, Andy Watson has decided to step down from his role as CEO and will be succeeded by Ant Middle, the current chief customer officer, Ageas announced. Watson has decided to step down from his …
Wed, 08 Apr 2020 06:31:41 +0000
Australian insurer IAG announced that Peter Harmer, managing director and chief executive officer, plans to retire by the end of 2020. A flexible nine-month period of transition has been agreed with Harmer to ensure a smooth changeover, said Sydney-bas...
Wed, 08 Apr 2020 06:30:15 +0000
The break-in lasted just minutes. At 3 a.m. on Monday, a thief — or thieves — forced open the glass doors of the Singer Laren museum in the Netherlands and headed straight for its prize exhibit: a Van Gogh oil …
Wed, 08 Apr 2020 05:49:18 +0000
Insurance broker Hylant has promoted Matthew M. Hylant to president of its Ann Arbor office. As president, he will be responsible for the day-to-day operations along with setting the vision for strategic growth and initiatives for the Ann Arbor office. …
Wed, 08 Apr 2020 04:30:08 +0000
The family of a Walmart Inc. employee in Illinois who died after contracting COVID-19, the illness caused by the novel coronavirus, has filed a lawsuit accusing the retail giant of failing to adequately screen and protect workers. The lawsuit filed …
Wed, 08 Apr 2020 01:17:00 +0000
More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus crisis. Auto insurer GEICO said it will give back approximately $2.5 billion in the form of a 15 percent credit …