January 17, 2021

Fri, 15 Jan 2021 17:37:10 +0000
AXIS Capital Holdings Ltd. said it won’t insure oil and gas projects in the Arctic National Wildlife Refuge, becoming the first North American underwriter to make the commitment after pressure from native Alaskans and environmentalists. The move follow...
Fri, 15 Jan 2021 17:36:24 +0000
A state board has suspended the license of a Wisconsin pharmacist accused of ruining more than 500 doses of COVID-19 vaccine because he thought it was unsafe. Steven Brandenburg was working at Advocate Aurora Health in Grafton, about 20 miles …
Fri, 15 Jan 2021 17:30:27 +0000
Louisiana bar owners fighting coronavirus-related closures of their businesses lost an appeal at a federal appeals court. The 5th U.S. Circuit Court of Appeals on Jan. 13 upheld rulings from two lower court judges who last year refused to block …
Fri, 15 Jan 2021 17:26:55 +0000
Traffic deaths in North Carolina last year surpassed 1,500 for the first time in 13 years despite a pandemic during which motorists logged fewer miles statewide, statistics show. N.C. Department of Transportation data shows the number of miles driven d...
Fri, 15 Jan 2021 17:26:51 +0000
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced the appointment of Richard Brown to lead a new team focusing on property business through retail distribution channels i...
Fri, 15 Jan 2021 17:24:10 +0000
Two West Virginia school bus drivers who were suspended for attending a rally for President Donald Trump in the nation’s capital have been cleared of wrongdoing following hearings, an attorney said Wednesday. Attorney John Bryan, who is representing th...
Fri, 15 Jan 2021 17:18:55 +0000
AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Summit Specialty Insurance Co. (SSIC), based in Omaha, Neb. The outlook assigned to these ratings is stable. SSIC is a …
Fri, 15 Jan 2021 17:14:53 +0000
A railroad bridge in Louisiana is back in place after reportedly being hit early on Jan. 13 by a tugboat, officials said. The swing bridge over the Rigolets near Slidell was reportedly hit by the tug Robert Cenac about 1 …
Fri, 15 Jan 2021 17:12:26 +0000
Global insurance broker Hub International Limited (Hub) has acquired the assets of Commercial Insurance Brokers Inc. (Commercial Insurance Brokers), based in El Paso, Texas. Terms of the transaction were not disclosed. Commercial Insurance Brokers is a...
Fri, 15 Jan 2021 17:07:30 +0000
Insurers, policyholders and industry observers have issued comments on the UK Supreme Court’s ruling that insurers should pay small businesses for many business interruption claims from the COVID-19 lockdowns. The UK Supreme Court dismissed appeals by ...
Fri, 15 Jan 2021 16:03:46 +0000
A Port Authority bus driver has been placed on probation for three years after pleading guilty to involuntary manslaughter in the death of a University of Pittsburgh student struck by the bus she was driving a year ago. Shavonne James, …
Fri, 15 Jan 2021 15:37:59 +0000
The Navajo Nation’s Department of Justice announced Wednesday it has settled with mining companies to resolve claims stemming from a 2015 spill that resulted in rivers in three western states being fouled with a bright-yellow plume of arsenic, lead and …
Fri, 15 Jan 2021 15:35:01 +0000
Aerial drone manufacturer Insitu in the Columbia River Gorge, Ore., will pay $25 million to settle allegations that its military drones were outfitted with used components instead of new ones. U.S. attorney Brian Moran said cases such as this one …
Fri, 15 Jan 2021 14:59:15 +0000
What is the biggest lesson that cyber insurers should carry into 2021 after a year in which the COVID-19 pandemic took center stage? In the first Insuring Cyber podcast episode of the new year and the fifth overall, Tim Zeilman, …
Fri, 15 Jan 2021 14:34:02 +0000
World Insurance Associates LLC (WIA), acquired Bush Insurance Agents & Brokers of Cambridge Springs, Penn., on December 31, 2020. Terms of the transaction were not disclosed. Established in 1918, Bush Insurance is a provider of loss and risk management...
Fri, 15 Jan 2021 14:21:07 +0000
MMG Insurance Company has promoted Kayla O’Malley Dill to vice president of Marketing and Business Development, effective January 4, 2021. Dill is based in Maine. Dill joined the Company in 2013 as senior marketing representative. Throughout her tenure...
Fri, 15 Jan 2021 14:10:12 +0000
Grocery delivery company Instacart said on Thursday it would pay $25 to its over half-a-million gig workers if they chose to take time off to get vaccinated against COVID-19. The company, which has been lobbying government agencies for its delivery …
Fri, 15 Jan 2021 13:04:44 +0000
Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for “general corporate purposes.” The New York-based insurtech could raise as much as $808 million, according to its regulatory filing announcing the s...
Fri, 15 Jan 2021 12:58:36 +0000
Five miners died in U.S. coal mines in 2020, an all-time low mark for an industry in a year that saw continuing declines in production as electric providers move away from burning coal. The federal Mine Safety and Health Administration, …
Fri, 15 Jan 2021 10:31:20 +0000
A UK Supreme Court insurance judgment substantially in favor of policyholders will be a “massive boost” for British businesses currently suffering from a third government lockdown, the Hiscox Action Group policyholder group said on Friday. The court ru...
Fri, 15 Jan 2021 10:19:57 +0000
Small businesses, from restaurants to nightclubs and wedding planners to beauty parlors, on Friday won the right to insurance payouts after Britain’s highest court ruled many policies should cover losses caused by coronavirus lockdowns. Six of the worl...
Fri, 15 Jan 2021 06:38:53 +0000
Brendan Neligan has joined Risk Placement Services as a marine producer, in the company’s Chicago property brokerage office. Neligan will support the growth of the RPS marine portfolio, serving retail independent agents and brokers nationwide. Previous...
Fri, 15 Jan 2021 06:00:49 +0000
The outgoing Trump administration said on Thursday it was issuing new rules that would allow manufacturers of automated vehicles to bypass some crash standards required of conventional vehicles, which would cut production costs. The National Highway Tr...
Fri, 15 Jan 2021 06:00:40 +0000
The deaths of George Floyd and Breonna Taylor by white police officers last year sparked protests and examinations of racial injustice and inequities across the country. Individuals and businesses responded by vowing to better support communities of co...
Fri, 15 Jan 2021 06:00:17 +0000
Reno, Nev.-based LP Insurance Services LLC has added Andrea Cantlon, Matt Ennis, Dustin Garcia and Jared Rossi to its ownership group. LP Insurance Services currently has 24 member-owners throughout the footprint. Cantlon leads the surety division. She...
Fri, 15 Jan 2021 05:25:03 +0000
Insurance brokerage World Insurance Associates LLC (WIA) has acquired J.W. Edens & Co., Inc. (JWE) of Titusville, Fla. on Dec. 31, 2020. Terms of the transaction were not disclosed. Founded in 1997, J.W. Edens & Company is a retail insurance …
Fri, 15 Jan 2021 05:12:04 +0000
One person was killed and at least four people were injured after a retaining wall fell on construction workers in a North Carolina city, officials said Wednesday. The City of Hendersonville said in a news release that the accident occurred …
Thu, 14 Jan 2021 22:26:35 +0000
Integrated Specialty Coverages has acquired California Contractors Insurance Services Inc. Terms of the deal were not disclosed. Sacramento, Calif.-based CCIS has a network of over 70,000 licensed contractors to obtain license bonds, general liability,...
Thu, 14 Jan 2021 22:22:01 +0000
Drivers for app-based ride-hailing and delivery services filed a lawsuit Tuesday to overturn a California ballot initiative that makes them independent contractors instead of employees eligible for benefits and job protections. The lawsuit filed with t...
Thu, 14 Jan 2021 17:58:46 +0000
Madison, Wisconsin-based American Family Insurance is acquiring insurtech company Bold Penguin that serves small businesses. The Bold Penguin digital exchange is used by insurance agents, brokers and other distributors to match, quote and bind policies...

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