September 3, 2019
Federal health officials issued a national warning Thursday against marijuana use by adolescents and pregnant women, as more states legalize the increasingly potent drug for medicinal and recreational use. Health and Human Services Secretary Alex Azar and Surgeon General Jerome …
September 3, 2019
The ransomware attacks on public entities in Texas, Florida, Maryland, Georgia and elsewhere this year have raised questions not only about paying ransoms but also about the role of insurance in helping these targets get back to serving the public. …
September 3, 2019
London’s outsized role in the global insurance industry is being whittled down by Brexit. As much as 61 billion pounds ($75 billion) of business is shifting to rival financial centers in the European Union as a consequence of Britain’s vote …
September 3, 2019
A top Lloyd’s of London insurance brokerage, Guy Carpenter & Co., fired a senior vice president for sending a sexually explicit email about a female colleague, one of the first dismissals to come to light since the industry began cracking …
September 2, 2019
The Bahamas suffered at least five deaths and “unprecedented and extensive” devastation as the most powerful storm in its history tears up homes and leaves swathes of territory underwater. “We are in the midst of a historic tragedy in parts …
September 2, 2019
Sept. 2, 2019, 7:12 AM EST— Hurricane Dorian, tied as the most powerful storm to hit land anywhere in the Atlantic, battered the Bahamas inflicting colossal damage to property and infrastructure across the chain of islands. The hurricane was packing …
September 2, 2019
U.S. Agriculture Secretary Sonny Perdue has named 45 Mississippi counties primary natural disaster areas because of freezing, flooding, flash flooding and excessive rain. Producers who had losses from those causes since Jan. 15 may be eligible for Farm Service Agency …
September 2, 2019
A Florida contractor was arrested this month for an alleged workers’ compensation fraud scheme totaling nearly $737,000, according to a statement from Chief Financial Officer (CFO) Jimmy Patronis. Norma Lopez Cedillo, president of Nuvo Contractor, Inc., allegedly evaded paying nearly …
September 2, 2019
Texas ranked as the state with most annual hail claims — by a wide margin — over the past three years, according to the National Insurance Crime Bureau (NICB). The NICB said in a media release that a review of …
September 2, 2019
Louisiana Insurance Commissioner James Donelon has issued a cease and desist order against State Farm in a dispute over policy deductibles related to Hurricane Barry. The state Department of Insurance received a complaint July 17 from a policyholder who claimed …