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

Supreme Court Rejects Trump Administration’s View of Clean Water Act

The Supreme Court ruled last week that sewage plants and other industries cannot avoid environmental requirements under landmark clean-water protections when they send dirty water on an indirect route to rivers, oceans and other navigable waterways. Rejecting the Trump administration’s …

Three More Lawsuits Filed Against Virginia Tech in Hazing Case

Three Virginia Tech students are suing the university in federal court over how it handled allegations that they were involved in hazing. The lawsuits were filed last week by former Corps of Cadets members who say they were denied due …

Auto Insurers Will Return Approximately $32M in Premiums to N.H. Consumers

At least 23 companies selling auto insurance in New Hampshire are returning premium to their policyholders, New Hampshire Insurance Commissioner Chris Nicolopoulos announced. These companies represent more than 90% of the written auto insurance premium in the state. The premium …

Worldwide Facilities Hires Caplan as an Assistant Vice President in New York

Worldwide Facilities, a national wholesale insurance broker, managing general agent and program underwriter, has hired Frank Caplan as an assistant vice president in the New York office. Frank has nearly 20 years of experience in the insurance industry, specializing in …

World Insurance Associates Acquires Connecticut’s Martin & Rowland Insurance

World Insurance Associates LLC (WIA) has acquired Martin & Rowland Insurance Inc. of Prospect, Conn., on April 1, 2020. Terms of the transaction were not disclosed. Established in 1845, Martin & Rowland Insurance Inc. is a full-service, independent insurance agency. …

UK Insurers Urged by Treasury Committee to Pay Coronavirus Claims

Insurers need to pay out on more claims related to the coronavirus pandemic, according to the head of the UK parliamentary committee that oversees the financial industry. “We are concerned that the insurance sector goes the extra mile in meeting …

Generali Confident of Rebuffing Takeovers Thanks to Strong Capital, Financial Position

Italy’s top insurer, Assicurazioni Generali, said on Saturday it was confident of being able to rebuff a potential takeover bid, thanks to a “solid” group of core domestic shareholders and a strong capital and financial position. In answers to investors …

UK Insurers Expected to Pay $1.5B in Coronavirus Claims: Association of British Insurers

British insurers are on the hook for more than 1.2 billion pounds ($1.5 billion) in claims from businesses and individuals hit by the coronavirus pandemic, according to the industry’s trade body. Initial estimates put payments for business interruption at 900 …

North Carolina Gov Extends Stay-Home Order for 2 Weeks, Unveils Reopen Plan

Resisting pressure as other Southern chief executives begin allowing businesses to reopen, North Carolina Gov. Roy Cooper said Thursday that the state’s stay-at-home order from COVID-19 will remain in place for at least another two weeks. The Democratic governor, who …

Tennessee Insurance Claims from Deadly March Tornadoes Top $1B

More than 15,600 insurance claims seeking more than $1.1 billion have been filed in Tennessee over deadly tornadoes that tore through the state early last month, state officials said Thursday. Tennessee Department of Commerce and Insurance Commissioner Hodgen Mainda told …