July 14, 2020
Tue, 14 Jul 2020 18:31:51 +0000
A sharp drop in 2020 workers’ compensation premiums in California is expected with the COVID-19 pandemic-related job losses, a report out today shows. The Workers’ Compensation Insurance Rating Bureau of California’s 2020 State of the System report pai...
Tue, 14 Jul 2020 16:46:13 +0000
Cedar Rapids, Iowa-based First MainStreet Insurance (FMSI), a TrueNorth affiliate, has added three new firms to its family of insurance agencies — two in Iowa and one in Tennessee. FMSI acquired Sisson and Associates of Charles City, Iowa. The agency …
Tue, 14 Jul 2020 16:31:34 +0000
Gov. John Bel Edwards has ratcheted up Louisiana’s restrictions to combat the coronavirus’s spread, instituting a statewide mask mandate, putting tougher limits on group gatherings and shuttering bars. The tightened requirements took effect on July 13....
Tue, 14 Jul 2020 16:23:31 +0000
Top officials in Houston are calling for the city to lock back down as area hospitals strain to accommodate the onslaught of patients sick with the new coronavirus. Houston Mayor Sylvester Turner and Harris County Judge Lina Hidalgo, both Democrats, …
Tue, 14 Jul 2020 16:19:21 +0000
Federal officials say a Dublin, Ohio-based roofing contractor is facing penalties of more than $148,000 after being cited for workplace safety violations. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited Jerry T...
Tue, 14 Jul 2020 15:57:06 +0000
A company in Pasadena, Texas, has been cited by federal officials and faces penalties of almost $500,000 for exposing employees to confined space hazards after two workers died. The U.S. Department of Labor’s Occupational Safety and Health Administrati...
Tue, 14 Jul 2020 15:04:51 +0000
Congressional leaders are squaring off over the next pandemic relief bill in a debate over whom Congress should step up to protect: front-line workers seeking more safeguards from the ravages of COVID-19 or beleaguered employers seeking relief from law...
Tue, 14 Jul 2020 14:46:45 +0000
A state court judge denied a Juneau man’s request to block distribution of federal coronavirus relief aid under expanded rules proposed by Gov. Mike Dunleavy’s administration. Superior Court Judge Philip Pallenberg ruled Eric Forrer had not shown a “cl...
Tue, 14 Jul 2020 14:17:25 +0000
Giant online retailer Amazon.com announced it will pilot local employee health care centers near Amazon fulfillment facilities across the country. The retailer is partnering with with Crossover Health, a national medical group offering primary care ser...
Tue, 14 Jul 2020 13:34:42 +0000
Specialty insurer AXIS Insurance announced the hiring of three experienced underwriters to its U.S. Cyber and Technology team. Peter Smith will join AXIS as underwriting manager, while and Emma Werth and Jessica Currier will join as senior underwriters...
Tue, 14 Jul 2020 12:59:55 +0000
Global insurers have proven resilient during the first wave of the COVID-19 pandemic, as their capital strength has helped stave off widespread downgrades; however, insurers’ capital buffers will erode through the second half of the year as financial m...
Tue, 14 Jul 2020 12:31:39 +0000
Coalition, a cyber insurance and security company, has hired Marcin Weryk as head of Business Development. Weryk brings more than 15 years of insurance industry experience as a cyber and technology E&O underwriter to this role, managing teams at global …
Tue, 14 Jul 2020 12:27:02 +0000
A 10-year-old boy faces arson charges after a garage fire near Union Mills Thursday, the Office of the State Fire Marshal said. Firefighters responded to the garage fire in the 3500 block of Littlestown Pike in Westminster at about 5:10 …
Tue, 14 Jul 2020 12:24:56 +0000
The former owner of a Massachusetts cleaning company has been charged with wage theft and workers’ compensation insurance fraud, Rhode Island Attorney General Peter F. Neronha announced. Marcello Pompa, of Saugus, Mass., is the former owner of M&M Clea...
Tue, 14 Jul 2020 12:03:10 +0000
W.R. Berkley Corp. cautioned that its 2020 second quarter pretax catastrophe losses will reach $145 million, with more than half of that coming from COVID-19 related costs. Out of that total, $85 million stems from COVID-19 claims, the specialty insurer …
Tue, 14 Jul 2020 11:54:24 +0000
Insurance broker Aon plc announces the appointment of Andrew Tunnicliffe as UK chairman, Global & Specialty, part of its Commercial Risk Solutions, Health Solutions and Affinity business. He will take up the new role on July 27. Tunnicliffe has over …
Tue, 14 Jul 2020 11:29:47 +0000
In a preliminary look, The Travelers Companies said it expects to report a net loss for the second quarter, results that will reflect losses from storms, civil unrest and its non-fixed income investment portfolio. It also reports it has experienced …
Tue, 14 Jul 2020 11:22:47 +0000
Face coverings will be compulsory in all shops in England from July 24 as part of attempts to stop the spread of coronavirus, Health Secretary Matt Hancock will announce Tuesday. The move, which will be enforced by fines, comes after …
Tue, 14 Jul 2020 10:15:24 +0000
Only one-quarter of business leaders say their organizations are fully ready for the end of the Brexit transition period, according to a survey by the Institute of Directors. Nearly half of the 978 company directors polled late last month said …
Tue, 14 Jul 2020 09:28:16 +0000
President Vladimir Putin on Monday signed legislation requiring companies involved in oil production or handling other hydrocarbons to have adequate resources for a contingency plan in the case of a spill. The law makes it mandatory for companies to ha...
Tue, 14 Jul 2020 08:44:48 +0000
Prime Minister Boris Johnson proposed 5.2 billion pounds ($6.6 billion) of spending on flood defenses through 2027 as his government seeks to protect hundreds of thousands of British homes. Under the plan, billed as “the most comprehensive in a decade,” …
Tue, 14 Jul 2020 07:41:42 +0000
Coronavirus infections among the salvage crew are delaying plans to cut apart and remove a hulking cargo ship that capsized off the coast of Georgia 10 months ago. Officials had hoped to start slicing the South Korean freighter Golden Ray …
Tue, 14 Jul 2020 07:34:29 +0000
A judge has ruled against some Nashville bar owners who sought a temporary restraining order against city officials in an effort to push back against coronavirus restrictions. Federal Judge Eli Richardson denied the request, the mayor’s office and the ...
Tue, 14 Jul 2020 07:30:06 +0000
Citizens Property Insurance Corp., Florida’s insurer of last resort, will resume processing cancellations and nonrenewal notices next month after halting them back in March in response to the state’s coronavirus outbreak. The insurer said in an agent b...
Tue, 14 Jul 2020 05:00:57 +0000
Wildfires threaten the economy of the western United States to a greater extent than the rest of the country, and the coronavirus pandemic and climate change will only make that worse, according to research from the San Francisco Fed on …
Tue, 14 Jul 2020 05:00:47 +0000
Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the Latin American country. U.S. s...
Tue, 14 Jul 2020 00:19:07 +0000
Texas transportation officials say 412 motorcyclists were killed and more than 1,800 were seriously injured on the state’s roads in 2019. Acknowledging that on average, one motorcyclist dies every day on Texas roads, the Texas Department of Transportat...
Mon, 13 Jul 2020 22:24:41 +0000
In a class action lawsuit, a Michigan restaurant and bar has challenged its insurer over commercial policy premium payments that covered the time it was forced to shut down during the COVID-19 pandemic. The lawsuit requests premium refunds and other …
Mon, 13 Jul 2020 21:57:01 +0000
California Gov. Gavin Newsom on Monday ordered the closure of indoor operations at gyms, hair salons, houses of worship, personal-care services, malls and non-critical office settings amid rising rates of people testing positive for COVID-19. Statewide...
Mon, 13 Jul 2020 21:35:30 +0000
California workers’ compensation private self-insured claim frequency was relatively stable in 2019 as the incidence of medical-only and lost-time claims registered only marginal declines after increasing in 2017 and 2018, according to a California Wor...