Monthly Archives: <span>April 2019</span>

Oregon County Settles for $100K in Blue Lives Matter Flag Case

An Oregon county has agreed to pay $100,000 to a black employee who sued after a co-worker pinned up a Blue Lives Matter flag in the office. The Oregonian/OregonLive reported that Karimah Guion-Pledgure alleged in her January lawsuit against Multnomah …

SCOR Global P&C Grows Reinsurance Premiums by 9.6% During April Renewals

SCOR Global P&C grew its gross written premiums by 9.6 percent, at constant exchange rates, to €548 million ($616 million), during the April 1 reinsurance renewals. In the aftermath of the events in 2018, catastrophe reinsurance treaties “responded rationally” during …

Supreme Court to Weigh If U.S. Job Bias Law Protects Gay, Transgender Employees

The U.S. Supreme Court will consider whether federal law bars employers from discriminating on the basis of sexual orientation and gender identity, accepting cases that could let the court’s new conservative majority put its imprint on the American workplace. The …

Europe’s Storm Dragi-Eberhard Costs Insurers Estimated €740M ($831.8M): PERILS

The initial insured property losses for extratropical cyclone “Dragi-Eberhard,” which hit the British Isles, and Western and Central Europe on March 9-10, 2019, are estimated at €740 million ($831.8 million), according to PERILS, the independent Zurich-based organization that provides industry-wide …

Hannover Re Cuts Exposure to Coal-Based Risks, Limiting Investments, Underwriting

Hannover Re announced it is scaling back its exposure to coal-fired power plants and coal mines, joining a growing list of re/insurers that have made similar moves. In addition to excluding coal-based projects from its investment portfolio, Hannover Re said, …

Everest Insurance Hires Gregg as Vice President in New York City

Everest Insurance has hired Dawn Gregg as a vice president within the Risk Management division. In this role, Gregg will focus on growing the Everest Insurance portfolio of large primary casualty risk management accounts within the Eastern region. She will …

Rhode Island High Court Vacates Lower Court Decision in Drowning Case

The Rhode Island Supreme Court has vacated a lower court’s decision that ruled in favor of a swimming pool retailer sued by the parents of a 4-year-old boy who drowned in one of their pools. Raymond Oliver and Tiffany Gear …

New Hampshire Senate Passes Bill to Boost Workplace Safety

The 2016 death of a Northfield Highway Department worker has led to the passage of bill aimed at improving workplace safety for New Hampshire’s public sector employees. The bill, which passed the House last month and won unanimous support Thursday …

Warmth, Snowmelt, Rain Raise Flood Concerns in New England

A combination of warm weather, rain and melting snow was feeding floodwaters in low-lying areas of Vermont, New Hampshire and Maine on Saturday. No injuries were reported, but in Vermont the Stowe swift water rescue team was staging in the …

Class Action Defense Costs Rising; Wave of Cyber Actions Predicted

The overall cost to large businesses of defending against class action lawsuits continues to rise even as the number of companies sued falls. This is happening because more companies being sued are facing multiple suits and the cases have become …