January 27, 2021
Garner Insurance Agency, LLC.
Thu, 28 Jan 2021 01:38:57 +0000
Louisiana Gov. John Bel Edwards is asking President Joe Biden for $3 billion to help Louisiana with its ongoing recovery from the 2020 hurricanes, saying that he’s filed a request with the new White House similar to the unfulfilled ask …
Thu, 28 Jan 2021 01:33:23 +0000
Highway safety advocates are urging Nebraska lawmakers to tighten state seat belt requirements that are among the loosest in the nation. Nebraska is one of nine states that only require seat belts for front-seat passengers, according to the National Co...
Thu, 28 Jan 2021 01:27:34 +0000
An Arkansas judge has dismissed a lawsuit challenging the early closing time for bars and some restaurants that was temporarily imposed because of the coronavirus pandemic. The lawsuit argued Gov. Asa Hutchinson and state officials did not have authori...
Wed, 27 Jan 2021 21:47:46 +0000
California’s State Compensation Insurance Fund has created a free resource center for employers, whether they are policyholders or not, to prepare their businesses for the next phases of COVID-19 reopening and help to avoid penalties from Cal/OSHA. Sta...
Wed, 27 Jan 2021 21:40:48 +0000
A Yakima, Wash., fruit grower and processor has been fined more than $150,000 by the Washington Department of Labor & Industries for violating COVID-19 workplace requirements designed to help keep workers safe on the job. This week, L&I notified Evans …
Wed, 27 Jan 2021 17:59:12 +0000
A coastal South Carolina county says hackers broke into its computer network over the weekend. A statement from Georgetown County’s local government Monday said the county’s computer network “suffered a major infrastructure breach over the weekend.” Mo...
Wed, 27 Jan 2021 17:58:04 +0000
Florida businesses would be protected from coronavirus lawsuits if they made a good effort to follow state-issued guidelines to prevent the spread of COVID-19 under a proposal approved Monday at its first Senate committee stop. While Republican Gov. Ro...
Wed, 27 Jan 2021 17:55:10 +0000
Sarasota, Fla.-based Purmort & Martin Insurance Agency, a locally owned insurance agency, has acquired Jeff DeJongh and Associates to further expand its presence in the region. Located in Sarasota, Fla., Jeff DeJongh and Associates is a property and ca...
Wed, 27 Jan 2021 17:52:20 +0000
Title insurer First American Financial Corp. reported recently that its property/casualty insurance subsidiaries have entered into book transfer agreements with Safeco Insurance and Heritage Insurance Holdings. The agreements are the result of the init...
Wed, 27 Jan 2021 17:51:52 +0000
The coronavirus pandemic and the derecho windstorm helped to boost the number of consumer complaints filed with the state attorney general’s office last year. Scammers took advantage of a confusing and chaotic 2020, as complaints to the Iowa Attorney G...
Wed, 27 Jan 2021 17:36:47 +0000
Joe Biden’s first year in office could go down in history as a record-breaker on the job-creation front, with an explosion in hiring expected as the coronavirus vaccine rollout allows Americans to emerge from a year in hiding. It may …
Wed, 27 Jan 2021 17:24:46 +0000
Automobile insurance provider, Bluefire Insurance, has expanded its presence into Illinois. With the addition of Illinois, Bluefire, an Irving, Texas-based managing general agency, now offers coverage in eight states, with more states to be added in th...
Wed, 27 Jan 2021 17:17:34 +0000
Through the end 2020 property/casualty insurers have paid or reserved $7.7 billion on claims of all types in Louisiana through the end of 2020 from Hurricanes Laura, Delta and Zeta, the state insurance department reported. This data represents the first …
Wed, 27 Jan 2021 15:57:17 +0000
Seattle has joined other cities in approving extra pay for grocery store workers during the COVID-19 pandemic. The City Council on this week approved legislation requiring large groceries to pay an extra $4 an hour in hazard pay. The Seattle …
Wed, 27 Jan 2021 15:54:21 +0000
European regulators need to overhaul their capital rules to free up insurers to invest more in climate-friendly infrastructure projects, the chief executive of German insurer Allianz said on Wednesday. “Today, the regulatory framework we have in Europe...
Wed, 27 Jan 2021 15:53:30 +0000
Southern California Edison will pay $2.2 billion to settle insurance claims from a deadly, destructive wildfire sparked by its equipment in 2018, the utility announced this week. Edison, which acknowledged no wrongdoing, said the agreement covers all c...
Wed, 27 Jan 2021 15:17:13 +0000
AstraZeneca PLC was sued by a pension fund on behalf of investors who it says suffered losses because of flaws in the company’s testing of its coronavirus vaccine. For much of last year, the Cambridge, England-based pharmaceutical company was touting …
Wed, 27 Jan 2021 14:48:25 +0000
The parents of an autistic Maryland teenager who died in class after choking on a glove have filed a lawsuit against school officials, saying negligence led to their son’s death. Bryan and Tanya Levy, the parents of 17-year-old Bowen Levy, …
Wed, 27 Jan 2021 14:43:25 +0000
The Beacon Mutual Insurance Company has named Gregg Tumeinski as chief financial officer (CFO) at The Beacon Mutual Insurance Company. Tumeinski will succeed Cynthia Lawlor, who is retiring after more than 28 years at the Rhode Island workers’ compensa...
Wed, 27 Jan 2021 14:38:57 +0000
LONDON — Insurers are facing a $2-3 billion loss if the Tokyo Olympics are canceled this year, amounting to the largest ever claim in the global event cancellation market, brokers say. With less than six months until the Games are …
Wed, 27 Jan 2021 14:33:48 +0000
SterlingRisk Insurance, a Woodbury, New York-based independent insurance brokerage, has promoted Robert F. Larocca to chief strategic relations officer. Larocca, who began his career at SterlingRisk in 1999, will retain his title of executive vice pres...
Wed, 27 Jan 2021 14:16:10 +0000
Ant Group Co. could resume its plans for an initial public offering once problems are resolved, China’s central bank chief said, offering some relief to global investors seeking signs on what the future holds for the world’s largest fintech giant. …
Wed, 27 Jan 2021 13:29:35 +0000
Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions of dollars. The German automak...
Wed, 27 Jan 2021 08:58:53 +0000
Tennessee had 32 boating-related deaths in 2020, the most in 37 years, wildlife officials said. The Tennessee Wildlife Resources Agency reported an increase in traffic on the state’s lakes and rivers in 2020 as outdoor activities such as boating increa...
Wed, 27 Jan 2021 08:48:35 +0000
Sedgwick, a provider of technology–enabled risk, benefits and integrated business services, has added Michelle Hay as global chief people officer. With more than 25 years of professional experience and a human resources leadership and consulting expe...
Wed, 27 Jan 2021 06:00:47 +0000
The Liberty Company Insurance Brokers in Woodland Hills, Calif., has added Jessica James to the firm. James focuses on construction, environmental, professional liability, non-profits, cannabis and lessor’s risk. She has more than 21 years of experienc...
Wed, 27 Jan 2021 06:00:47 +0000
The Allstate Corp. is selling Allstate Life Insurance Co. to entities managed by investment firm Blackstone for $2.8 billion. Explaining the move from Allstate’s perspective, Allstate CEO Tom Wilson referred to a strategy to grow market share in person...
Wed, 27 Jan 2021 06:00:32 +0000
Everest Re is the most recent insurance and reinsurance company to announce catastrophe and COVID losses in advance of fourth-quarter earnings, but Everest’s disclosure on Monday also addressed a boost in prior-year casualty reserves. “The decisive res...
Wed, 27 Jan 2021 06:00:29 +0000
What its creators say is the first global operational offering on blockchain infrastructure has been launched, enabling the transfer of facultative risks within a network of companies, with marine insurance being the first business line to try it out. ...
Wed, 27 Jan 2021 06:00:27 +0000
There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance. A trio of Covid-19 related risks — business interruption, the pande...