February 18, 2020
Tue, 18 Feb 2020 23:44:54 +0000
A non-profit consumer group announced on Tuesday it has filed a lawsuit to compel California Insurance Commissioner Ricardo Lara and the California Department of Insurance to hand over records of Lara’s meetings and communications with insurance compan...
Tue, 18 Feb 2020 23:26:31 +0000
A newly proposed bill would clarify under California law the concept of “hardened homes” that are safer or more resistant to wildfires and then require admitted carriers to cover those homes. California’s insurance commissioner and several lawmakers on...
Tue, 18 Feb 2020 19:11:34 +0000
A risk professional is no longer merely someone who just focuses on protecting assets, according to Ward Ching, a managing director of the Western region at Aon. Ching not only sees a growing need for risk professionals to realize this …
Tue, 18 Feb 2020 18:15:42 +0000
The members of the Surplus Line Association of California have elected Terri Moran of Paul Hanson Partners as chair of the SLA board of directors. Moran’s election became official at the SLA annual meetings on Feb. 4 and Feb. 6 …
Tue, 18 Feb 2020 16:24:42 +0000
Hurricane Harvey’s historic flooding in 2017 overwhelmed power systems at Arkema Inc.’s chemical plant in suburban Houston, eventually causing organic peroxides made at the facility to catch fire and explode, sending noxious black smoke into the air. T...
Tue, 18 Feb 2020 15:18:31 +0000
The Arizona Senate has passed a bill designed to boost protections for firefighters and other first responders who are diagnosed with cancers linked to the workplace. The proposal from Republican Sen. Heather Carter ensures that listed cancers contract...
Tue, 18 Feb 2020 15:16:39 +0000
The Washington Senate has passed a data privacy measure that would give consumers the right to manage how information held by private companies is used. The measure, called the Washington Privacy Act, passed on a bipartisan 46-1 vote and now …
Tue, 18 Feb 2020 13:35:28 +0000
Insurance Office of America (IOA) has merged with New Jersey-based RDA Benefit Services, owned by Bob and Nancy Damato. The merger became effective Jan. 1, 2020, and further adds to IOA’s growing team in the Northeast region. RDA has served …
Tue, 18 Feb 2020 13:28:23 +0000
A Massachusetts chemical manufacturing plant re-opened Friday, a day after at least six explosions at the facility forced workers to evacuate and blew a hole in the roof. Seqens North America, formerly PCI Synthesis, in Newburyport, in a statement Frid...
Tue, 18 Feb 2020 13:25:16 +0000
A former Pennsylvania pharmacist is suing the medical marijuana dispensary where she worked on allegations she was fired after refusing to illegally sample the shop’s products. Carol Kopiak, of Wilkes-Barre, filed a lawsuit Wednesday against her former...
Tue, 18 Feb 2020 13:11:26 +0000
The Boy Scouts of America said on Tuesday it had filed for Chapter 11 bankruptcy amid a flood of lawsuits over allegations of child sexual abuse stretching back decades. The bankruptcy is not expected to affect the organization’s programs, which …
Tue, 18 Feb 2020 12:34:04 +0000
QBE Insurance Group announced that Michael (Mike) Wilkins has been elected to succeed W. Marston (Marty) Becker as chairman of the group board. Wilkins will step into the role of group chairman on March 1, 2020, and Becker will retire …
Tue, 18 Feb 2020 12:04:31 +0000
Swiss Re’s iptiQ and IKEA announced the launch of HEMSÄKER, home insurance that provides accessible protection at an affordable price, said Swiss Re in a statement. HEMSÄKER, which can be purchased online via the IKEA website, was created to extend …
Tue, 18 Feb 2020 11:13:49 +0000
Storm Sabine caused insured losses of 675 million euros ($731 million) in Germany this month, the GDV Insurance Association said on Tuesday, making it the sixth most costly storm in Europe’s largest economy since 2002. Storm Sabine, which was known …
Tue, 18 Feb 2020 10:45:07 +0000
Arch Reinsurance, a wholly owned subsidiary of Bermuda-based Arch Capital Group Ltd., announced it has entered into an agreement in principle to obtain a majority stake in Precision Marketing Asia Pacific (PMAP), subject to regulatory and other approva...
Tue, 18 Feb 2020 09:47:03 +0000
China’s southern province of Hainan has launched the first specially designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance regulator said. The scheme has set ...
Tue, 18 Feb 2020 09:06:24 +0000
Singapore’s Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses in Malaysia that AXA SA and Affin Bank Bhd. own, according to people familiar with the matter. Great Easter...
Tue, 18 Feb 2020 06:56:40 +0000
A Louisiana appeals court ruled that a former high school student who was hospitalized after being ordered to perform 200 pushups as punishment was rightfully awarded more than $180,000 in damages. Former McKinley High School student Tristen Rushing wa...
Tue, 18 Feb 2020 06:53:17 +0000
A western Iowa school district will pay $4.8 million to settle a lawsuit brought by the family of 16-year-old girl who died in a 2017 school bus fire that also killed the bus driver. Riverside Community School District has reached …
Tue, 18 Feb 2020 06:51:53 +0000
Two people suffered minor injuries in a fire that destroyed a Fort Dodge, Iowa, towing and auto business in northwestern Iowa, officials said. The fire broke out in the afternoon on Feb. 14 in Mid Iowa Towing, television station KCCI …
Tue, 18 Feb 2020 06:44:56 +0000
The widow of a slain Chicago Police Department commander has filed a lawsuit against the website used to sell the gun tied to her husband’s death. The Chicago Sun-Times reports Erin Bauer and the nonprofit gun control group Brady filed …
Tue, 18 Feb 2020 06:03:40 +0000
Houston’s lack of zoning restrictions has left many residents with neighbors they don’t want: petrochemical facilities and businesses that handle hazardous materials. That unease was laid bare again last month when a massive explosion leveled a metal f...
Tue, 18 Feb 2020 06:00:37 +0000
United Valley Insurance Services Inc. has added as a new member Roseville, Calif.-based Peterson & Grantham Insurance Brokers. Curtis Peterson, the sole owner and agency principal, founded the agency in 2008 with Arrow Grantham. The agency has five emp...
Tue, 18 Feb 2020 06:00:32 +0000
For years, Facebook Inc. lobbied governments against imposing tough regulations, warning in some cases that they could harm the company’s business model. Now, it’s pleading for new rules for the good of its business. In a white paper published Monday, …
Tue, 18 Feb 2020 06:00:31 +0000
A Utah county agreed to pay more than $10,000 to settle a lawsuit filed by two Idaho State University football players who said they were falsely arrested during a bank robbery investigation. Nehemiah McFarlin and Atoatasi Fox will receive $5,100 …
Tue, 18 Feb 2020 06:00:12 +0000
California Department of Insurance detectives arrested Jonathan Quezada, 28, on multiple felony counts of insurance fraud and workers’ compensation insurance fraud after he allegedly falsified an insurance claim to receive unearned workers’ compensatio...
Tue, 18 Feb 2020 05:59:17 +0000
Chubb has expanded access of its Incident Alert tool to its Excess Casualty clients during catastrophic events. The tool, which has previously been used by Chubb environmental and cyber customers, now can assist Excess Casualty clients during a catastr...
Tue, 18 Feb 2020 05:40:54 +0000
The trial of an insurance company magnate and two associates on charges they conspired to bribe an elected North Carolina regulator with up to $2 million in campaign money so scrutiny of his businesses would ease is getting started. U.S. …
Tue, 18 Feb 2020 05:31:43 +0000
A large rock slide on a rain-saturated mountain caused a fiery train derailment Thursday morning in eastern Kentucky that briefly trapped two crew members and caused a chemical leak into a river, authorities said. Two crew members of the CSX …
Tue, 18 Feb 2020 05:28:33 +0000
Part of a restaurant ceiling collapsed inside Atlanta’s airport Thursday, leaving a large chunk of it draped over countertops in the dining area. One person was taken to a hospital, and a second person was treated at the scene, airport …