January 29, 2020
New England Insurance Group
Wed, 29 Jan 2020 08:04:47 +0000
Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them — and Toyota Motor Corp. is halting production in the country, as global corporations grapple with a SARS-like coronavirus that has …
Wed, 29 Jan 2020 07:30:41 +0000
Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate foreign currency exchanges. The cyber...
Wed, 29 Jan 2020 07:25:21 +0000
Firms involved in building work on London tower bloc that caught fire have sidestepped any responsibility for the 2017 tragedy that killed 72 people, a lawyer for the inquiry said. As the second phase of an inquiry into the Grenfell …
Wed, 29 Jan 2020 07:00:37 +0000
Canberra, Australia’s capital that’s surrounded by bush, is facing its worst wildfire threat in 17 years as a blaze sparked by a military helicopter approaches the city amid heatwave conditions. Residents in Canberra’s southern suburbs should be vigila...
Wed, 29 Jan 2020 07:00:28 +0000
Industry transformations occur when the pain of staying the same is suddenly greater than the pain of changing, according to Karen White, CEO of RMS. “The second thing that has got to be present for those transformations to occur is …
Wed, 29 Jan 2020 06:49:51 +0000
A massive fire that killed at least eight people and destroyed dozens of boats in an Alabama marina early Monday was spread so rapidly by the wind that “we didn’t have time to do nothing,” said one resident who survived …
Wed, 29 Jan 2020 06:41:52 +0000
A major earthquake struck south of Cuba on Tuesday, sending shockwaves as far as Miami and sparking panic in the Cayman Islands where it ripped open sinkholes, but did not do serious damage to people or property, initial reports said. …
Wed, 29 Jan 2020 06:28:29 +0000
Officials in North Dakota say it’s time for property owners in flood-prone areas of the Red River Valley to think about buying flood insurance. The push comes as early signs suggest a heightened risk of flooding this spring. The Red …
Wed, 29 Jan 2020 06:17:42 +0000
An Ohio state lawmaker has introduced legislation requiring all major and minor league baseball teams in the state to install protective netting from foul pole to foul pole. State Rep. John Patterson introduced his bill in response to concern from …
Wed, 29 Jan 2020 06:00:52 +0000
R&Q is pleased to announce it has acquired the Montana captive insurer, Vigneron Insurance Company Inc. from a wholly owned private investment holding company. Terms of the deal were not disclosed. VICI underwrote deductible reimbursement policies to c...
Wed, 29 Jan 2020 06:00:44 +0000
Representative Jan Schakowsky has asked her staff to examine changes to a liability shield that protects tech platforms such as Facebook Inc. from lawsuits because of her concerns about how fake information could be used in the 2020 presidential electi...
Wed, 29 Jan 2020 06:00:38 +0000
Sacramento, Calif.-based Bender Insurance Solutions has promoted Jeffrey Wood to vice president of personal lines. Wood will continue to expand the sales and service offerings of the personal lines department, and provide expert personal insurance advi...
Wed, 29 Jan 2020 06:00:25 +0000
Specialist insurer Beazley has appointed Justin Sanches as an underwriter within the U.S. healthcare liability team. Sanches joins Beazley’s Los Angeles, Calif., office to underwrite a range of global miscellaneous medical and life sciences risks for m...
Wed, 29 Jan 2020 05:58:09 +0000
A former Tennessee insurance agent facing more than 70 counts of insurance fraud has reached a settlement with the Tennessee Department of Commerce & Insurance (TDCI) barring her from practicing insurance activities in the state and requiring payment o...
Wed, 29 Jan 2020 05:37:48 +0000
Arthur J. Gallagher & Co. has aquired Wilmington, N.C.-based Hanover Excess & Surplus, Inc. Terms of the transaction were not disclosed. Established in 1970, Hanover Excess & Surplus is a regional managing general agency offering hard-to-place coastal ...
Wed, 29 Jan 2020 05:26:33 +0000
Everest Insurance has joined with Embroker to provide an online lawyers’ professional liability program for law firms with up to 10 employed attorneys. Through Embroker’s digitized platform, Everest’s Lawyers’ Professional Liability policy offers sever...
Wed, 29 Jan 2020 01:14:06 +0000
Google’s chief executive officer has left no doubt about how important he thinks artificial intelligence will be to humanity. “AI is one of the most profound things we’re working on as humanity. It’s more profound than fire or electricity,” Alphabet …
Tue, 28 Jan 2020 22:06:30 +0000
The American Property Casualty Insurance Association testified today in opposition to draft regulations they say could eliminate many affinity group insurance discount programs during a pre-notice workshop held by the California Department of Insurance...
Tue, 28 Jan 2020 21:57:36 +0000
A pair of California men have been charged with multiple felonies in a reported $20 million kickback scheme involving worker’s compensation. Bradley Dean Groscost, 59, of Westminster, and Felix Koltsov, 57, of Beverly Hills, self-surrendered last week ...
Tue, 28 Jan 2020 21:46:40 +0000
A powerful magnitude 7.7 earthquake struck in the sea in the western Caribbean on Tuesday, sending workers into the streets and triggering evacuations as buildings shook across the Cayman Islands, in Jamaica, and in downtown Miami. The epicenter of the …
Tue, 28 Jan 2020 21:37:13 +0000
California Insurance Commissioner Ricardo Lara is at the forefront of shaping how state insurance regulators all over the U.S. will deal with the legal cannabis market. Lara is not only the chief insurance regulator of the nation’s largest cannabis mar...
Tue, 28 Jan 2020 15:43:08 +0000
A tornado caused some minor damage to homes in Manzanita, Ore., on Tuesday morning, the National Weather Service confirmed. The Oregonian/OregonLive reported that Tillamook County Emergency Manager Gordon McCraw said the county got reports a little aft...
Tue, 28 Jan 2020 15:41:11 +0000
Hawaii lawmakers have proposed initiatives to help reduce the number of traffic-related fatalities after transportation officials confirmed more than 100 deaths in the last year. Those initiatives include installing traffic cameras to capture drivers r...
Tue, 28 Jan 2020 14:46:23 +0000
The Equal Employment Opportunity Commission (EEOC) has detailed breakdowns for the 72,675 charges of workplace discrimination the agency received in fiscal year 2019. The FY 2019 data show that retaliation continued to be the most frequently filed char...
Tue, 28 Jan 2020 14:04:53 +0000
The helicopter carrying retired basketball star Kobe Bryant and eight others had been cleared to operate in deteriorating weather but not the dense clouds into which it apparently flew shortly before crashing, according to investigators and flight data...
Tue, 28 Jan 2020 14:02:22 +0000
Houston’s mayor and others say they will work to provide assistance to residents whose homes were damaged after a massive explosion at a warehouse that killed two workers and injured 20 others. Mayor Sylvester Turner on Saturday walked through the …
Tue, 28 Jan 2020 13:55:57 +0000
Swiss Re Corporate Solutions has appointed Bianca Willauer as head Property & Specialty Lines, Europe, Middle East and Africa (EMEA), effective Feb. 1, 2020. In this role, Willauer will be responsible for the development and underwriting performance of...
Tue, 28 Jan 2020 13:38:40 +0000
There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the labor market has likely peaked and …
Tue, 28 Jan 2020 13:28:57 +0000
Oil giant Total SA is being sued by 14 local governments and a handful of non-governmental organizations in France for not doing enough to reduce its carbon emissions and fight global warming. The legal challenge is the latest sign that …
Tue, 28 Jan 2020 13:28:22 +0000
A former Maine resident is becoming the first woman in the state to join a national effort to force hotel and motel owners to compensate victims of sex trafficking. The woman, identified in court documents by the initials R.T., said …