January 24, 2020
Though tensions were high coming in, President Donald Trump left the World Economic Forum in Davos, Switzerland, with at least a temporary truce on one of his latest threatened tariff fights. Trump and French President Emmanuel Macron reportedly came to …
January 24, 2020
Surplus lines flood insurance premium filed with the Surplus Lines Stamping Office of Texas (SLTX) has increased annually over the past five years, according to SLTX. Additionally, while NFIP premium dipped in 2017, it rose in 2018 and Texas premium …
January 24, 2020
California Insurance Commissioner Ricardo Lara today announced a measure that enables people with cannabis-related convictions to obtain an insurance license. Lara announced the California Department of Insurance will use its discretion in deciding whether to issue licenses to those with …
January 24, 2020
Although workers’ compensation results remain strong—and the line continues to outperform all other commercial insurance lines—worries about continued soft pricing and loss reserve levels for workers’ compensation specialists prompted a rating agency warning recently. “As rate levels continue to decline, …
January 24, 2020
Exxon Mobil dodged a bullet last month when a judge rejected a novel climate-change lawsuit brought by New York’s attorney general. The case began with a promise from state officials that there would be a historic reckoning for the fossil …
January 24, 2020
Total compensation and salary adjustments on average fell slightly in agencies responding to the 2019 Agency Salary Survey – but that trend didn’t impact employee satisfaction. On average, employee satisfaction with compensation overall rose again in 2018. How will satisfaction …
January 24, 2020
The city of Los Angeles has agreed to pay $5.75 million to the parents of a Marine veteran who died after police jolted him six times with a stun gun during a 2014 confrontation. The City Council unanimously approved a …
January 24, 2020
California Gov. Gavin Newsom is urging a federal judge to reject Pacific Gas and Electric’s blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation. In a …
January 24, 2020
Two of the largest property/casualty insurers in the U.S., Allstate and Nationwide, made headlines recently when they announced shifts in their respective multi-brand portfolios. Faced with the prospect of staying relevant in an environment that has seen minimal organic growth …
January 24, 2020
The effects on multinational businesses from a potentially worsening Wuhan coronavirus outbreak could be severe, which is why they need to review, test and potentially update plans related to business continuity, crisis management and crisis communications, according to Marsh in …