August 5, 2020

Wed, 05 Aug 2020 16:58:45 +0000
Gov. Bill Lee on Monday announced he’s calling lawmakers back to the Capitol to address legislation that would provide health care providers, schools and businesses broad protections against coronavirus lawsuits. Lee said the special legislative sessio...
Wed, 05 Aug 2020 16:56:59 +0000
Tropical Storm Isaias spawned tornadoes and dumped rain along the U.S. East Coast on Tuesday after making landfall as a hurricane in North Carolina, where it smashed boats together and caused floods and fires that displaced dozens of people. At …
Wed, 05 Aug 2020 16:44:57 +0000
New York City will put up COVID-19 quarantine checkpoints at key entry points to ensure that incoming travelers from 35 states with outbreaks comply with the state’s 14-day quarantine mandate, Mayor Bill de Blasio said on Wednesday. The measure undersc...
Wed, 05 Aug 2020 15:08:17 +0000
Outdoor spaces hastily fancified for low-risk dining are keeping thousands of U.S. restaurants from closing permanently. But crashing the dinner party are tropical storms, rats — and the occasional out-of-control vehicle. On July 5, five people were in...
Wed, 05 Aug 2020 14:38:14 +0000
Oklahoma’s reported coronavirus cases rose by 377, and the state added another death due to the illness caused by the virus, the Oklahoma State Department of Health said. Oklahoma has confirmed 38,602 cases of COVID-19 and 551 deaths as of …
Wed, 05 Aug 2020 14:35:56 +0000
Arthur J. Gallagher & Co. reported second-quarter profit of $153.7 million. The Rolling Meadows, Ill.-based company said it had net income of 79 cents per share. Earnings, adjusted for non-recurring costs, were 94 cents per share. The results topped Wa...
Wed, 05 Aug 2020 14:34:25 +0000
Firefighters on Tuesday battled a large fire in downtown St. Paul that has engulfed a building that was under construction. The building is the Seven Corners Gateway site, an apartment building and hotel complex near the Xcel Energy Center, KSTP-TV …
Wed, 05 Aug 2020 14:32:34 +0000
Nevada will shift this week from broad restrictions in response to the coronavirus to an ongoing, county-by-county review where officials hope to target hot spots and specific businesses where the virus is spreading. Gov. Steve Sisolak and the state’s ...
Wed, 05 Aug 2020 14:30:20 +0000
Arizona health officials have reported 1,030 new cases of the coronavirus and 14 more deaths. The Arizona Department of Health Services has recorded 179,497 confirmed cases of COVID-19 in the state since the pandemic began. The known death toll is …
Wed, 05 Aug 2020 14:26:18 +0000
Authorities are investigating a fire in Delaware that heavily damaged a home and displaced six people. Five adults and one child fled from the home in Wilmington early Sunday morning when the blaze erupted, the State Fire Marshal’s Office said …
Wed, 05 Aug 2020 14:00:28 +0000
Buckle, a digital seller of rideshare insurance, disclosed it has raised $31 million in new venture financing and will use the money to expand operations nationally. HSCM Bermuda and Eos Venture Partners co-led the Series A round, which is also …
Wed, 05 Aug 2020 13:49:27 +0000
Miniter Group has named Donald Marthey as vice president of Business Strategy and Tracking Operations. In this role, Marthey will oversee the strategic direction of Miniter’s Borrower-CentricSM insurance tracking operations. He joined Miniter as a vice...
Wed, 05 Aug 2020 13:42:41 +0000
World Insurance Associates LLC (WIA) acquired Loveman, Kornreich & Steers Inc. of White Plains, N.Y., on July 1, 2020. Terms of the transaction were not disclosed. Loveman, Kornreich & Steers specializes in a multitude of insurance programs for busines...
Wed, 05 Aug 2020 12:28:46 +0000
Pie Insurance, a technology-driven workers’ compensation provider for small businesses, has a new portal that it says makes it easier for agents to submit their workers’ compensation accounts and track their status in real time. Pie said the portal fea...
Wed, 05 Aug 2020 11:16:57 +0000
Insurer American International Group Inc. racked up $730 million in COVID-19-related losses during the first half of the year, its chief executive officer said on Tuesday. The pandemic is a “formidable and ongoing catastrophe,” AIG CEO Brian Duperreaul...
Wed, 05 Aug 2020 10:12:37 +0000
UK insurer Hasting Group Holdings has agreed to a £1.66 billion (US$2.2 billion) cash acquisition by Finnish insurer Sampo and Rand Merchant Investment Holdings Ltd., a South African financial services investment company. Hastings investors will recei...
Wed, 05 Aug 2020 08:37:51 +0000
Allianz said on Wednesday that it was fielding a request for information from the U.S. Securities and Exchange Commission over a series of funds that suffered sharp losses amid the coronavirus-led market meltdown earlier this year and are the subject …
Wed, 05 Aug 2020 08:14:34 +0000
Oneglobal Broking, the London-based broker, announced the establishment of Oneglobal Group Asia and that its first operating company, Oneglobal Broking Hong Kong Ltd., has received regulatory approval from the insurance authority. Asian broking leader ...
Wed, 05 Aug 2020 07:09:08 +0000
Guy Carpenter & Co., the reinsurance broker and unit of Marsh & McLennan Cos., announced the appointment of Peter Askew as president and CEO, of Guy Carpenter’s Canadian business, with immediate effect. Donald Callahan has stepped down from the role …
Wed, 05 Aug 2020 06:46:17 +0000
German insurer on Wednesday posted a 29% fall in net profit in the second quarter from a year earlier and shied away from updating its full-year profit guidance as the coronavirus pandemic slows business and clouds the outlook. Allianz is …
Wed, 05 Aug 2020 06:00:53 +0000
CRC Group has promoted Mississippi-based Claire Willis to CRC Group’s national Personal Lines Practice leader. The move comes as part of the company’s increased focus on the personal lines market place, according to the company. Willis joined CRC Group...
Wed, 05 Aug 2020 05:47:41 +0000
Worldwide Facilities, LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Clearwater Underwriters, Inc., a surplus lines MGA based in Clearwater, Fla. Clearwater Underwriters was established in 1991 ...
Wed, 05 Aug 2020 05:00:55 +0000
New Jersey-based specialty lines program administrator Axon Underwriting Services has acquired the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) U.S. contaminated and consumer products recall insurance business written through Alli...
Wed, 05 Aug 2020 05:00:45 +0000
U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming from the company’s alleged role in fueling the nation’...
Wed, 05 Aug 2020 05:00:37 +0000
When it comes to helping employees balance work hours with relaxation, Acuity Insurance Chief Executive Officer Ben Salzmann has a unique tool at his disposal: a 65-foot Ferris wheel. Before the pandemic struck, Salzmann would regularly fire up the amu...
Wed, 05 Aug 2020 00:48:52 +0000
08/05/2020 02:06 AM— Tropical Storm Isaias killed at least four people on Tuesday as it made its way up the U.S. Atlantic Coast, including two deaths at a North Carolina trailer park that was struck by a tornado spun off …
Tue, 04 Aug 2020 23:04:53 +0000
Louisiana released coronavirus safety guidelines for movie and TV productions this week, as filming is expected to start returning to the virus outbreak hot spot this month. The safety rules – issued by the Louisiana economic development department’s...
Tue, 04 Aug 2020 23:02:32 +0000
A Black officer with the Port of Seattle police is suing over the Port’s alleged failure to provide records of an investigation into racial discrimination claims he made against superiors including the police chief. Yandle Moss “alleged to his employer …
Tue, 04 Aug 2020 22:58:46 +0000
California appears to be getting a grip on a resurgence of the coronavirus, Gov. Gavin Newsom said this week, though he warned the state is a long way from reopening some of the businesses it shuttered for a second time …
Tue, 04 Aug 2020 17:26:37 +0000
Texas Mutual Insurance Co. and Volunteer Firemen’s Insurance Services of Texas are awarding $500,000 to nonprofit emergency service organizations across Texas through two separate grant programs. $200,000 will be designated for a financial relief grant...

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