Fri, 30 Jul 2021 08:00:40 +0000
Mississippi’s top public health official said that intensive care units are filling up in some hospitals and COVID-19 outbreaks are expanding in nursing homes as the delta variant of the virus continues to spread rapidly. “We are seeing more and …
Fri, 30 Jul 2021 07:23:49 +0000
DUBLIN – Ireland will introduce long-anticipated laws to make senior bankers and executives in other financial sectors directly accountable for failings at institutions over the next 12 to 18 months, Finance Minister Paschal Donohoe said on Tuesday. ...
Fri, 30 Jul 2021 07:00:58 +0000
FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach. The company said it serves insurers in more than 40 countries currently, and …
Fri, 30 Jul 2021 07:00:26 +0000
Sharon Schechter escaped the South Florida condominium tower collapse with just the nightclothes she was wearing, so she cried shortly after when the Global Empowerment Mission gave her an electric toothbrush, a phone charger and a $500 gift card to …
Fri, 30 Jul 2021 05:20:43 +0000
IIAT The Independent Insurance Agents Association of Texas (IIAT) promoted H. Lee Loftis Jr. to chief legislative officer and added Regan Ellmer to the IIAT government affairs team. Loftis has been IIAT’s government affairs director since 2006. Ellmer ...
Fri, 30 Jul 2021 05:00:55 +0000
United Valley Insurance Services Inc. has named Paul Cyr Southwest region director. Cyr, formerly United Valley’s Member Advisory Council chair, joins United Valley as the lead in Arizona and surrounding states. His primary role is to liaison with memb...
Fri, 30 Jul 2021 05:00:04 +0000
Baby salmon are dying by the thousands in one California river, and an entire run of endangered salmon could be wiped out in another. Fishermen who make their living off adult salmon, once they enter the Pacific Ocean, are sounding …
Thu, 29 Jul 2021 16:19:34 +0000
Federal funds are now available to help with firefighting costs for the Poverty Flats Fire burning in Big Horn County and Crow Agency in Montana, FEMA reported. FEMA Acting Regional Administrator Tammy Littrell approved the state’s request for a federal …
Thu, 29 Jul 2021 16:18:14 +0000
The operator of an oil well pad where a fire has been burning since last week in McKenzie County has brought in a specialized emergency response crew to get a handle on the blaze. The well pad is located on …
Thu, 29 Jul 2021 16:06:02 +0000
Three manufacturing companies in Midwest states reached settlements with the U.S. Environmental Protection Agency (EPA) to resolve alleged violations of the federal Resource Conservation and Recovery Act (RCRA). Collectively, the three companies paid m...
Thu, 29 Jul 2021 16:04:12 +0000
An arsonist set fire to an apartment building in Baton Rouge, Louisiana, leaving 10 people temporarily without their home, fire officials said. The fire at night on July 27 caused thousands of dollars in damage, WBRZ-TV reported. Firefighters found the …
Thu, 29 Jul 2021 16:03:21 +0000
Two people are dead and dozens more were injured after a chemical leak at a Houston-area plant, officials said. The incident happened about 7:35 p.m. on July 27 and involved an acetic acid leak at the LyondellBasell facility in the …
Thu, 29 Jul 2021 16:01:05 +0000
Health officials in Oklahoma on July 27 urged Gov. Kevin Stitt to issue an emergency declaration that would allow for expanded care for those with COVID-19 — something the Republican has said he will not do. Such a declaration would …
Thu, 29 Jul 2021 14:57:48 +0000
The Hartford today announced it earned $900 million in net income in the second quarter of this year, a 94% jump from second quarter 2020. Core earnings of $836 million were up 91% from second quarter 2020. “Our performance was …
Thu, 29 Jul 2021 14:30:14 +0000
Chubb Chairman and CEO Evan Greenberg is doubling down against outlawing ransomware payments to address the the growing threat of ransomware. He appears to make an exception, however, for cryptocurrency payments. “While I don’t think the government sho...
Thu, 29 Jul 2021 13:56:28 +0000
The Hanover Insurance Group Inc. said it has enhanced its product suites for lawyers and healthcare facilities. The Hanover Lawyers Advantage product suite offers stand-alone professional liability coverage for a wide range of law firms. In addition to...
Thu, 29 Jul 2021 13:31:30 +0000
The Boston area’s subway system faces a severe threat from rising seas over the next 50 years that could cause flooding and cut critical links around the city, according to a new study. The report, written by researchers at the …
Thu, 29 Jul 2021 13:28:19 +0000
A former security operations manager for eBay Inc. was sentenced to 18 months in prison Tuesday for his role in an extensive campaign to terrorize and intimidate the editor and publisher of an online newsletter. Philip Cooke pleaded guilty in …
Thu, 29 Jul 2021 13:25:03 +0000
A 38-year-old man was killed when a piece of machinery collapsed on him at a storage facility in Everett, authorities said Monday. The man was operating a hydraulic forklift system alone at a Commercial Street facility on Monday when it …
Thu, 29 Jul 2021 13:14:56 +0000
BEIJING – China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public awareness of risks, to let natural disaste...
Thu, 29 Jul 2021 13:01:54 +0000
Fitch Ratings said it does not expect Liberty Mutual Holding Co. Inc.’s ratings to be impacted by its planned acquisition of State Auto Group for an estimated $1 billion of cash consideration. “Given the relative size of the two organizations …
Thu, 29 Jul 2021 12:58:18 +0000
CFC Underwriting, the London-based specialist managing general agent, announced that Chief Innovation Office Graeme Newman has been appointed as the company’s new CEO. Founder and current CEO, Dave Walsh, will assume the role of group CEO effective imm...
Thu, 29 Jul 2021 12:40:30 +0000
Agentero raised $13.5 million in new financing designed to boost and help expand its digital insurance network for agents. The California-based insurtech, launched in 2017, is designed to help insurance agents access digitally-savvy insurance carriers ...
Thu, 29 Jul 2021 12:22:54 +0000
Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has announced a suite of team changes in EMEA. The appointments create a new regionalized structure for EMEA under the new leadership of Markus Messinger, who has been appoin...
Thu, 29 Jul 2021 12:21:18 +0000
A U.S. congressional panel has asked Johnson & Johnson to provide it all documents related to the company’s plans to put its talc liabilities into bankruptcy, according to a letter sent on Wednesday and seen by Reuters. Democrat Raja Krishnamoorthi, …
Thu, 29 Jul 2021 11:47:23 +0000
Private property/casualty insurers in the U.S. saw their net income after taxes increase significantly in the first quarter to $20 billion from $17.9 billion in the first quarter of 2020. Growth was fueled, in part, by an increase in realized …
Thu, 29 Jul 2021 11:34:50 +0000
Insurtech venture investment keeps climbing ever higher, with new records reached for the second quarter as well as the first half of 2021, according to the latest Willis Towers Watson report on the sector. Global insurtech investment hit $7.4 billion …
Thu, 29 Jul 2021 10:28:39 +0000
Howden, the London-based insurance broker, announced an agreement to acquire Italian broker Andrea Scagliarini SpA. Financial details of the transaction were not disclosed. By establishing operations in Italy, Howden adds another market to its growing ...
Thu, 29 Jul 2021 09:42:17 +0000
British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social Capital, Flock said on Thursday. Flock started out insuring commercial drones, and added car and van fleets l...
Thu, 29 Jul 2021 08:30:11 +0000
The number of COVID-19 patients in Alabama hospitals Monday climbed to more than 900 _ a number the state has not seen since February _ as the state sees a surge in virus cases. There were 947 COVID-19 patients in …