Monthly Archives: <span>February 2020</span>

Floodwaters Begin to Recede in Storm-Ravaged Mississippi

Hundreds of homes and businesses remained without power Wednesday as floodwaters receded around Mississippi’s capital, and it was unclear when the lights will come back on. Residents in hard-hit areas near Jackson are being allowed to return back home as …

Attorney General Barr: Should Tech Giants Still Be Free From Liability for Content?

U.S. Attorney General William Barr on Wednesday questioned whether Facebook, Google and other major online platforms still need the immunity from legal liability that has prevented them from being sued over material their users post. “No longer are tech companies …

PG&E Banking on Big Profits After Utility Leaves Bankruptcy

Pacific Gas and Electric says it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ignited by its outdated equipment. The nation’s largest utility …

Ex-Student, University of Arkansas, Settle Rape Lawsuit

The University of Arkansas and a former student reached a settlement agreement in a lawsuit alleging school officials acted with “deliberate indifference” after she reported being sexually assaulted by another student on campus. The student will receive $100,000 in the …

Coronavirus Raises Insurance Questions But Catastrophe-Tested Insurers Are Prepared

As the coronavirus outbreak continues to cause concern around the globe, the insurance industry is facing a potentially far-reaching impact but has the experience to handle what might come its way. Based on what the industry has learned from historical …

Nebraska Theater Bar Could Lose License for Serving Tainted Drinks

Nebraska’s liquor control agency has called a movie theater bar in suburban Omaha to account for accidentally serving two customers cocktails that contained cleaning solution. The Alamo Drafthouse in La Vista could have its liquor license suspended, canceled or revoked …

Wendy’s Pays $400K to Resolve Child Labor Law Allegations in Massachusetts

Fast-food chain Wendy’s has agreed to pay $400,000 to resolve allegations that it violated child labor laws by having teenage employees at dozens of Massachusetts restaurants work later and longer than allowed, the state attorney general’s office announced Tuesday. The …

Massachusetts’ J.E.D. Insurance & Financial Service Agency Joins SAN Group

J.E.D. Insurance & Financial Service Agency recently joined Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast. The full-service agency specializes in home, automobile, life and business insurance. J.E.D. Insurance is located in the …

Cannabis Insurance Group Expands Coverages, Adds Managing General Agent

Garnet Underwriting Managers (GUM), the managing general underwriter assigned to manage Garnet Casualty Insurance Corporation, has signed its first managing general agent, Conway E&S of Warrendale, Penn. This is a step in Garnet Underwriting Managers’ continued advancement of its cannabis …

BHSI Taps Swiss Re’s Weinmann to Head Customer & Broker Engagement in Germany

Berkshire Hathaway Specialty Insurance (BHSI) announced further expansion of its European team, naming Daniel Weinmann as head of Customer & Broker Engagement in Germany. Weinmann comes to BHSI with more than 20 years of insurance industry experience. He was most …