Tuesday, September 29, 2020

U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses

Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments during the coronavirus market meltdown. Market panic around the …


U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses
Author: Tom Sims
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Description: Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments during the coronavirus market meltdown. Market panic around the …
Full content: Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments during the coronavirus market meltdown. Market panic around the …
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Category: National News
Date: Tue, 29 Sep 2020 01:30:35 +0000
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Monday, September 28, 2020

Oregon Insurance Division Issues Amended Wildfire Emergency Order

The Oregon Department of Consumer and Business Services’ Division of Financial Regulation has issued an amended wildfire emergency order. The amended order means that insurance companies must immediately take steps to do the following until the order expires: Extend all …


Oregon Insurance Division Issues Amended Wildfire Emergency Order
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Description: The Oregon Department of Consumer and Business Services’ Division of Financial Regulation has issued an amended wildfire emergency order. The amended order means that insurance companies must immediately take steps to do the following until the order expires: Extend all …
Full content: The Oregon Department of Consumer and Business Services’ Division of Financial Regulation has issued an amended wildfire emergency order. The amended order means that insurance companies must immediately take steps to do the following until the order expires: Extend all …
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Category: West News
Date: Mon, 28 Sep 2020 22:34:51 +0000
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Monday, September 28, 2020

California Ban on Fracking by 2024 Criticized as Too Late

California Gov. Gavin Newsom moved Wednesday to end issuing new hydraulic fracturing permits by 2024, a delay criticized by many environmental groups but characterized as legally and politically realistic by another. “He can suspend fracking now, but he is punting …


California Ban on Fracking by 2024 Criticized as Too Late
Author: Don Thompson
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Description: California Gov. Gavin Newsom moved Wednesday to end issuing new hydraulic fracturing permits by 2024, a delay criticized by many environmental groups but characterized as legally and politically realistic by another. “He can suspend fracking now, but he is punting …
Full content: California Gov. Gavin Newsom moved Wednesday to end issuing new hydraulic fracturing permits by 2024, a delay criticized by many environmental groups but characterized as legally and politically realistic by another. “He can suspend fracking now, but he is punting …
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Category: West News
Date: Mon, 28 Sep 2020 20:29:05 +0000
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Monday, September 28, 2020

Report: COVID-19 Accounts for 1-in-9 California Workers’ Comp Claims in 2020

The California workers’ compensation COVID-19 claim count continued to grow in August, albeit at a much slower rate than in July, with new data showing that as of Sept. 21, the state had recorded 5,130 COVID-19 claims with August injury …


Report: COVID-19 Accounts for 1-in-9 California Workers’ Comp Claims in 2020
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Description: The California workers’ compensation COVID-19 claim count continued to grow in August, albeit at a much slower rate than in July, with new data showing that as of Sept. 21, the state had recorded 5,130 COVID-19 claims with August injury …
Full content: The California workers’ compensation COVID-19 claim count continued to grow in August, albeit at a much slower rate than in July, with new data showing that as of Sept. 21, the state had recorded 5,130 COVID-19 claims with August injury …
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Category: West News
Date: Mon, 28 Sep 2020 20:26:46 +0000
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Monday, September 28, 2020

Restaurant Owners Sue W.Va. Governor Over Coronavirus Bar Closures

The owners of 12 restaurants and bars sued the governor of West Virginia on Wednesday for indefinitely closing establishments in student-heavy Monongalia County due to the coronavirus. Gov. Jim Justice ordered bars closed there on Sept. 2 after pictures were …


Restaurant Owners Sue W.Va. Governor Over Coronavirus Bar Closures
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Description: The owners of 12 restaurants and bars sued the governor of West Virginia on Wednesday for indefinitely closing establishments in student-heavy Monongalia County due to the coronavirus. Gov. Jim Justice ordered bars closed there on Sept. 2 after pictures were …
Full content: The owners of 12 restaurants and bars sued the governor of West Virginia on Wednesday for indefinitely closing establishments in student-heavy Monongalia County due to the coronavirus. Gov. Jim Justice ordered bars closed there on Sept. 2 after pictures were …
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Category: Southeast News
Date: Mon, 28 Sep 2020 16:56:46 +0000
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Monday, September 28, 2020

Florida Gov Lifts Virus Restrictions On All Businesses

Gov. Ron DeSantis lifted all restrictions on restaurants and other businesses in Florida on Friday, and banned local fines against people who refuse to wear masks as he seeks to reopen the state’s economy despite the spread of the coronavirus. …


Florida Gov Lifts Virus Restrictions On All Businesses
Author: Bobby Caina Calvan
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Description: Gov. Ron DeSantis lifted all restrictions on restaurants and other businesses in Florida on Friday, and banned local fines against people who refuse to wear masks as he seeks to reopen the state’s economy despite the spread of the coronavirus. …
Full content: Gov. Ron DeSantis lifted all restrictions on restaurants and other businesses in Florida on Friday, and banned local fines against people who refuse to wear masks as he seeks to reopen the state’s economy despite the spread of the coronavirus. …
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Category: Southeast News
Date: Mon, 28 Sep 2020 16:47:31 +0000
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Monday, September 28, 2020

Washington Officials Say State Being Targeted by Phishing Campaign

Washington state is among those being targeted by a “large-scale, highly sophisticated” nationwide phishing campaign, the office of Gov. Jay Inslee said. At a press conference Thursday, Inslee said that the state is taking proactive measures to protect state systems, …


Washington Officials Say State Being Targeted by Phishing Campaign
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Description: Washington state is among those being targeted by a “large-scale, highly sophisticated” nationwide phishing campaign, the office of Gov. Jay Inslee said. At a press conference Thursday, Inslee said that the state is taking proactive measures to protect state systems, …
Full content: Washington state is among those being targeted by a “large-scale, highly sophisticated” nationwide phishing campaign, the office of Gov. Jay Inslee said. At a press conference Thursday, Inslee said that the state is taking proactive measures to protect state systems, …
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Category: West News
Date: Mon, 28 Sep 2020 15:25:41 +0000
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Monday, September 28, 2020

Minnesota Hits 2,000 COVID-19 Deaths, Daily Case High

Minnesota recorded a grim milestone on Saturday as health officials reported that over 2,000 people have died from COVID-19. The state also posted an all-time high for cases reported in a day with 1,478 people testing positive for the virus. …


Minnesota Hits 2,000 COVID-19 Deaths, Daily Case High
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Description: Minnesota recorded a grim milestone on Saturday as health officials reported that over 2,000 people have died from COVID-19. The state also posted an all-time high for cases reported in a day with 1,478 people testing positive for the virus. …
Full content: Minnesota recorded a grim milestone on Saturday as health officials reported that over 2,000 people have died from COVID-19. The state also posted an all-time high for cases reported in a day with 1,478 people testing positive for the virus. …
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Category: Midwest News
Date: Mon, 28 Sep 2020 15:22:37 +0000
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Monday, September 28, 2020

Indiana Sheriff Will Pay Settlement in Shoving Lawsuit

A northeastern Indiana sheriff has agreed to pay $55,000 to cover the county’s settlement of a lawsuit over allegations that he shoved a 15-year-old boy during a festival. Allen County Sheriff David Gladieux said this past week he apologized for …


Indiana Sheriff Will Pay Settlement in Shoving Lawsuit
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Description: A northeastern Indiana sheriff has agreed to pay $55,000 to cover the county’s settlement of a lawsuit over allegations that he shoved a 15-year-old boy during a festival. Allen County Sheriff David Gladieux said this past week he apologized for …
Full content: A northeastern Indiana sheriff has agreed to pay $55,000 to cover the county’s settlement of a lawsuit over allegations that he shoved a 15-year-old boy during a festival. Allen County Sheriff David Gladieux said this past week he apologized for …
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Category: Midwest News
Date: Mon, 28 Sep 2020 15:20:52 +0000
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Monday, September 28, 2020

Detroit Thanksgiving Parade Going Forward, But No Spectators

The 94th Detroit Thanksgiving parade will march on, but any spectators probably will be in their pajamas. People will not be allowed to line the parade route in downtown Detroit because of the coronavirus. Instead they’ll have to watch the …


Detroit Thanksgiving Parade Going Forward, But No Spectators
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Description: The 94th Detroit Thanksgiving parade will march on, but any spectators probably will be in their pajamas. People will not be allowed to line the parade route in downtown Detroit because of the coronavirus. Instead they’ll have to watch the …
Full content: The 94th Detroit Thanksgiving parade will march on, but any spectators probably will be in their pajamas. People will not be allowed to line the parade route in downtown Detroit because of the coronavirus. Instead they’ll have to watch the …
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Category: Midwest News
Date: Mon, 28 Sep 2020 15:19:14 +0000
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Monday, September 28, 2020

Wisconsin Hits 2,817 Infections, Record for New Coronavirus Cases Reported

Wisconsin on Saturday hit a record for coronavirus cases reported in a single day as health officials reported 2,817 people have tested positive for the virus. The state has seen some of the nation’s fastest coronavirus spread over the last …


Wisconsin Hits 2,817 Infections, Record for New Coronavirus Cases Reported
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Description: Wisconsin on Saturday hit a record for coronavirus cases reported in a single day as health officials reported 2,817 people have tested positive for the virus. The state has seen some of the nation’s fastest coronavirus spread over the last …
Full content: Wisconsin on Saturday hit a record for coronavirus cases reported in a single day as health officials reported 2,817 people have tested positive for the virus. The state has seen some of the nation’s fastest coronavirus spread over the last …
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Category: Midwest News
Date: Mon, 28 Sep 2020 15:16:09 +0000
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Monday, September 28, 2020

Warning for Deadly Microbes in Water Lifted for All But 1 Texas City

Texas officials have lifted a warning for all but one Houston-area community to stop using tap water because it might be tainted with a deadly brain-eating microbe. The Texas Commission on Environmental Quality warned the Brazosport Water Authority late Friday …


Warning for Deadly Microbes in Water Lifted for All But 1 Texas City
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Description: Texas officials have lifted a warning for all but one Houston-area community to stop using tap water because it might be tainted with a deadly brain-eating microbe. The Texas Commission on Environmental Quality warned the Brazosport Water Authority late Friday …
Full content: Texas officials have lifted a warning for all but one Houston-area community to stop using tap water because it might be tainted with a deadly brain-eating microbe. The Texas Commission on Environmental Quality warned the Brazosport Water Authority late Friday …
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Category: Texas / South Central News
Date: Mon, 28 Sep 2020 15:09:23 +0000
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Monday, September 28, 2020

American Financial Group Agrees to Sell Run-Off Lloyd’s Insurer Neon to RiverStone

American Financial Group Inc. announced it has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising the legal entities that own its Lloyd’s of London insurer, Neon, to RiverStone Holdings Ltd. Upon closing of the sale, …


American Financial Group Agrees to Sell Run-Off Lloyd’s Insurer Neon to RiverStone
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Description: American Financial Group Inc. announced it has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising the legal entities that own its Lloyd’s of London insurer, Neon, to RiverStone Holdings Ltd. Upon closing of the sale, …
Full content: American Financial Group Inc. announced it has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising the legal entities that own its Lloyd’s of London insurer, Neon, to RiverStone Holdings Ltd. Upon closing of the sale, …
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Category: International News
Date: Mon, 28 Sep 2020 14:49:32 +0000
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Monday, September 28, 2020

Massachusetts Law Firm Sued by Attorney General Over Illegal Kickback Scheme

Massachusetts Attorney General Maura Healey has filed a lawsuit alleging a Massachusetts law firm accepted tens of thousands of dollars in illegal kickbacks from a pharmacy in exchange for referring hundreds of its personal injury clients to the pharmacy. In …


Massachusetts Law Firm Sued by Attorney General Over Illegal Kickback Scheme
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Description: Massachusetts Attorney General Maura Healey has filed a lawsuit alleging a Massachusetts law firm accepted tens of thousands of dollars in illegal kickbacks from a pharmacy in exchange for referring hundreds of its personal injury clients to the pharmacy. In …
Full content: Massachusetts Attorney General Maura Healey has filed a lawsuit alleging a Massachusetts law firm accepted tens of thousands of dollars in illegal kickbacks from a pharmacy in exchange for referring hundreds of its personal injury clients to the pharmacy. In …
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Category: East News
Date: Mon, 28 Sep 2020 13:31:13 +0000
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Monday, September 28, 2020

SterlingRisk Insurance Promotes DelPrete to Chief Marketing Officer

SterlingRisk Insurance, a Woodbury, N.Y.-based, independently owned insurance brokerage, has promoted Geraldine DelPrete to chief marketing officer. According to SterlingRisk CEO David Sterling, DelPrete will oversee the strategy for all carriers across all SterlingRisk platforms, including large commercial and select, …


SterlingRisk Insurance Promotes DelPrete to Chief Marketing Officer
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Description: SterlingRisk Insurance, a Woodbury, N.Y.-based, independently owned insurance brokerage, has promoted Geraldine DelPrete to chief marketing officer. According to SterlingRisk CEO David Sterling, DelPrete will oversee the strategy for all carriers across all SterlingRisk platforms, including large commercial and select, …
Full content: SterlingRisk Insurance, a Woodbury, N.Y.-based, independently owned insurance brokerage, has promoted Geraldine DelPrete to chief marketing officer. According to SterlingRisk CEO David Sterling, DelPrete will oversee the strategy for all carriers across all SterlingRisk platforms, including large commercial and select, …
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Category: East News
Date: Mon, 28 Sep 2020 13:22:50 +0000
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Monday, September 28, 2020

Police Say Connecticut Workplace Shooter Extradited, Charged with Assault

A truck driver accused of shooting his boss and wounding another person outside a Connecticut industrial building was charged Wednesday with assault and other crimes after being brought back from Massachusetts, where police arrested him at gunpoint on a highway. …


Police Say Connecticut Workplace Shooter Extradited, Charged with Assault
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Description: A truck driver accused of shooting his boss and wounding another person outside a Connecticut industrial building was charged Wednesday with assault and other crimes after being brought back from Massachusetts, where police arrested him at gunpoint on a highway. …
Full content: A truck driver accused of shooting his boss and wounding another person outside a Connecticut industrial building was charged Wednesday with assault and other crimes after being brought back from Massachusetts, where police arrested him at gunpoint on a highway. …
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Category: East News
Date: Mon, 28 Sep 2020 13:13:43 +0000
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Monday, September 28, 2020

Major U.S. Tech Firms Look to Be Ignoring Europe’s Data Privacy Rules

Technology firms’ compliance with European restrictions on transatlantic data transfers is shockingly poor, Austrian privacy campaigner Max Schrems said on Monday, publishing a survey of companies including Facebook and Netflix. The Court of Justice of the European Union (CJEU) ruled …


Major U.S. Tech Firms Look to Be Ignoring Europe’s Data Privacy Rules
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Description: Technology firms’ compliance with European restrictions on transatlantic data transfers is shockingly poor, Austrian privacy campaigner Max Schrems said on Monday, publishing a survey of companies including Facebook and Netflix. The Court of Justice of the European Union (CJEU) ruled …
Full content: Technology firms’ compliance with European restrictions on transatlantic data transfers is shockingly poor, Austrian privacy campaigner Max Schrems said on Monday, publishing a survey of companies including Facebook and Netflix. The Court of Justice of the European Union (CJEU) ruled …
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Category: National News
Date: Mon, 28 Sep 2020 11:48:29 +0000
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Monday, September 28, 2020

Even Failed Claims Against Nurses Cost Insurers $20K, Liability Study Shows

Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report released by CNA and …


Even Failed Claims Against Nurses Cost Insurers $20K, Liability Study Shows
Author: Jim Sams
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Description: Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report released by CNA and …
Full content: Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report released by CNA and …
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Category: National News
Date: Mon, 28 Sep 2020 11:39:06 +0000
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Monday, September 28, 2020

Wildfire Forces Home, Hospital Evacuations in California’s Napa Valley Wine Area

A wind-driven wildfire erupted on Sunday in the heart of northern California’s Napa Valley wine country to spread across nearly 2,000 acres (809 hectares), forcing the evacuation of a hospital and hundreds of homes, authorities said. Fire crews were out …


Wildfire Forces Home, Hospital Evacuations in California’s Napa Valley Wine Area
Author: Stephen Lam and Steve Gorman
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Description: A wind-driven wildfire erupted on Sunday in the heart of northern California’s Napa Valley wine country to spread across nearly 2,000 acres (809 hectares), forcing the evacuation of a hospital and hundreds of homes, authorities said. Fire crews were out …
Full content: A wind-driven wildfire erupted on Sunday in the heart of northern California’s Napa Valley wine country to spread across nearly 2,000 acres (809 hectares), forcing the evacuation of a hospital and hundreds of homes, authorities said. Fire crews were out …
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Category: West News
Date: Mon, 28 Sep 2020 11:20:15 +0000
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Monday, September 28, 2020

Munich Re Subsidiary NewRe Names Braune as CEO, Succeeding Strasser

New Reinsurance Co. Ltd., a wholly owned subsidiary of Munich Re, announced that its board of directors appointed Dr. Thomas Braune as its new chief executive officer. Braune will assume his new role on Oct. 1, 2020, succeeding Dr. Renate …


Munich Re Subsidiary NewRe Names Braune as CEO, Succeeding Strasser
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Description: New Reinsurance Co. Ltd., a wholly owned subsidiary of Munich Re, announced that its board of directors appointed Dr. Thomas Braune as its new chief executive officer. Braune will assume his new role on Oct. 1, 2020, succeeding Dr. Renate …
Full content: New Reinsurance Co. Ltd., a wholly owned subsidiary of Munich Re, announced that its board of directors appointed Dr. Thomas Braune as its new chief executive officer. Braune will assume his new role on Oct. 1, 2020, succeeding Dr. Renate …
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Category: International News
Date: Mon, 28 Sep 2020 11:16:04 +0000
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Monday, September 28, 2020

Beazley Expands Life Sciences Insurance Offering in UK

Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused organizations. This follows the UK launch of Beazley’s internationally …


Beazley Expands Life Sciences Insurance Offering in UK
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Description: Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused organizations. This follows the UK launch of Beazley’s internationally …
Full content: Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused organizations. This follows the UK launch of Beazley’s internationally …
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Category: International News
Date: Mon, 28 Sep 2020 07:47:59 +0000
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Monday, September 28, 2020

Florida Peninsula Promotes Gonzalez to Director of Agency Support

The Florida Peninsula Insurance family of companies, which includes Edison Insurance Co., has promoted Mariella Gonzalez to director of Agency Support. In addition to her current role as director of Community Involvement, Gonzalez will now oversee all agent support functions …


Florida Peninsula Promotes Gonzalez to Director of Agency Support
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Description: The Florida Peninsula Insurance family of companies, which includes Edison Insurance Co., has promoted Mariella Gonzalez to director of Agency Support. In addition to her current role as director of Community Involvement, Gonzalez will now oversee all agent support functions …
Full content: The Florida Peninsula Insurance family of companies, which includes Edison Insurance Co., has promoted Mariella Gonzalez to director of Agency Support. In addition to her current role as director of Community Involvement, Gonzalez will now oversee all agent support functions …
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Category: Southeast News
Date: Mon, 28 Sep 2020 07:31:13 +0000
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Monday, September 28, 2020

Mississippi Receives $23M in Federal Funds for Flood Relief

Mississippi has received nearly $23 million in emergency relief funds from the U.S. Department of Transportation to repair federal roadways that were damaged by severe flooding. U.S. Sen. Cindy Hyde-Smith announced the five Federal Highway Administration awards on Thursday, according …


Mississippi Receives $23M in Federal Funds for Flood Relief
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Description: Mississippi has received nearly $23 million in emergency relief funds from the U.S. Department of Transportation to repair federal roadways that were damaged by severe flooding. U.S. Sen. Cindy Hyde-Smith announced the five Federal Highway Administration awards on Thursday, according …
Full content: Mississippi has received nearly $23 million in emergency relief funds from the U.S. Department of Transportation to repair federal roadways that were damaged by severe flooding. U.S. Sen. Cindy Hyde-Smith announced the five Federal Highway Administration awards on Thursday, according …
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Category: Southeast News
Date: Mon, 28 Sep 2020 07:23:18 +0000
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Monday, September 28, 2020

Insurer Ping An Taps Rising Demand for Chinese Assets with Offshore Management Arm

Ping An Insurance (Group) Co., China’s largest insurer by market value, is tapping growing global demand for Chinese assets to expand its offshore asset management business as competition with foreign entrants intensifies. The overseas asset management arm aims to increase …


Insurer Ping An Taps Rising Demand for Chinese Assets with Offshore Management Arm
Author: Bloomberg News
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Description: Ping An Insurance (Group) Co., China’s largest insurer by market value, is tapping growing global demand for Chinese assets to expand its offshore asset management business as competition with foreign entrants intensifies. The overseas asset management arm aims to increase …
Full content: Ping An Insurance (Group) Co., China’s largest insurer by market value, is tapping growing global demand for Chinese assets to expand its offshore asset management business as competition with foreign entrants intensifies. The overseas asset management arm aims to increase …
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Category: International News
Date: Mon, 28 Sep 2020 07:20:55 +0000
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Monday, September 28, 2020

Opinion: Missouri Appeals Court Ruling Shrinks Insurers’ Right to Intervene

The Western District of the Missouri Court of Appeals has again construed the effect of the 2017 amendments to Mo. Rev. Stat. § 537.065, which gave insurers a limited right to intervene and protect their interest when their insured enters …


Opinion: Missouri Appeals Court Ruling Shrinks Insurers’ Right to Intervene
Author: Mark Haddad and Nick Daugherty
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Description: The Western District of the Missouri Court of Appeals has again construed the effect of the 2017 amendments to Mo. Rev. Stat. § 537.065, which gave insurers a limited right to intervene and protect their interest when their insured enters …
Full content: The Western District of the Missouri Court of Appeals has again construed the effect of the 2017 amendments to Mo. Rev. Stat. § 537.065, which gave insurers a limited right to intervene and protect their interest when their insured enters …
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Category: Midwest News
Date: Mon, 28 Sep 2020 05:56:20 +0000
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Monday, September 28, 2020

Texas Agency, A-MAX Auto, Expands in Houston Area

Dallas-based A-MAX Auto Insurance has opened two new locations opening in the Houston, Texas, area. With the two new locations — one in Houston and one in nearby Tomball, Texas, the company now has 193 offices statewide. A-MAX Auto Insurance …


Texas Agency, A-MAX Auto, Expands in Houston Area
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Description: Dallas-based A-MAX Auto Insurance has opened two new locations opening in the Houston, Texas, area. With the two new locations — one in Houston and one in nearby Tomball, Texas, the company now has 193 offices statewide. A-MAX Auto Insurance …
Full content: Dallas-based A-MAX Auto Insurance has opened two new locations opening in the Houston, Texas, area. With the two new locations — one in Houston and one in nearby Tomball, Texas, the company now has 193 offices statewide. A-MAX Auto Insurance …
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Category: Texas / South Central News
Date: Mon, 28 Sep 2020 05:55:16 +0000
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Monday, September 28, 2020

UK Insurer LV= Says Talks Continue with Number of Parties About Possible Merger

UK insurance company Liverpool Victoria said it remains in talks with a “number of parties” about a possible transaction after Sky News reported it was negotiating a merger with rival Royal London. The company known as LV= “confirms that as …


UK Insurer LV= Says Talks Continue with Number of Parties About Possible Merger
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Description: UK insurance company Liverpool Victoria said it remains in talks with a “number of parties” about a possible transaction after Sky News reported it was negotiating a merger with rival Royal London. The company known as LV= “confirms that as …
Full content: UK insurance company Liverpool Victoria said it remains in talks with a “number of parties” about a possible transaction after Sky News reported it was negotiating a merger with rival Royal London. The company known as LV= “confirms that as …
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Category: International News
Date: Mon, 28 Sep 2020 05:53:36 +0000
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Monday, September 28, 2020

Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts

Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies, according to several reinsurers and brokers in recent webinars held in lieu of what would have been the reinsurance Rendez-Vous …


Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts
Author: L.S. Howard
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Description: Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies, according to several reinsurers and brokers in recent webinars held in lieu of what would have been the reinsurance Rendez-Vous …
Full content: Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies, according to several reinsurers and brokers in recent webinars held in lieu of what would have been the reinsurance Rendez-Vous …
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Category: International News
Date: Mon, 28 Sep 2020 05:32:46 +0000
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Monday, September 28, 2020

Louisiana Utility: Hurricane Laura Repair Costs Now at $1.4B

A Louisiana utility says the cost to restore electricity and repair power lines damaged in the state during Hurricane Laura is now up to $1.4 billion. Entergy Corp., the New Orleans-based utility serving many of the areas affected by the …


Louisiana Utility: Hurricane Laura Repair Costs Now at $1.4B
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Description: A Louisiana utility says the cost to restore electricity and repair power lines damaged in the state during Hurricane Laura is now up to $1.4 billion. Entergy Corp., the New Orleans-based utility serving many of the areas affected by the …
Full content: A Louisiana utility says the cost to restore electricity and repair power lines damaged in the state during Hurricane Laura is now up to $1.4 billion. Entergy Corp., the New Orleans-based utility serving many of the areas affected by the …
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Category: Texas / South Central News
Date: Mon, 28 Sep 2020 05:22:49 +0000
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Monday, September 28, 2020

Alphabet Settles Suit Over Executives’ Exit Pay, Coverups Linked to Sexual Misconduct

Alphabet Inc. on Friday settled a shareholder lawsuit that accused the Google parent of covering up lavish exit packages to executives found responsible for sexual misconduct, saying it would overhaul workplace policies and increase oversight of its diversity efforts. The …


Alphabet Settles Suit Over Executives’ Exit Pay, Coverups Linked to Sexual Misconduct
Author: Munsif Vengattil and Paresh Dave
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Description: Alphabet Inc. on Friday settled a shareholder lawsuit that accused the Google parent of covering up lavish exit packages to executives found responsible for sexual misconduct, saying it would overhaul workplace policies and increase oversight of its diversity efforts. The …
Full content: Alphabet Inc. on Friday settled a shareholder lawsuit that accused the Google parent of covering up lavish exit packages to executives found responsible for sexual misconduct, saying it would overhaul workplace policies and increase oversight of its diversity efforts. The …
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Category: National News
Date: Mon, 28 Sep 2020 05:00:44 +0000
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