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

Insurance Office of America Adds Duke to South Carolina Team

Insurance Office of America (IOA) has added Travis Duke to its team in South Carolina. Duke joins IOA as a risk management specialist with a focus on liability, property, and workers compensation as well as risk assessment. Prior to joining …

Facilities Closed During Coronavirus Crisis Pose New Risks, Allianz Cautions

Many companies are having to shutdown their premises temporarily at short notice due to the Covid-19 pandemic. According to the risk consultants of Allianz Global Corporate & Specialty (AGCS), improper action or negligence when decommissioning buildings and production facilities brings …

Investors Allege Securities Violations by Cryptocurrency Issuers, Exchanges

Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions of dollars in unregistered assets in violation of U.S. securities laws. The 11 lawsuits, filed on Friday in U.S. District …

InterWest Acquires CBS Bond & Insurance Services in California

InterWest Insurance Services has acquired CBS Bond & Insurance Services in Sacramento, Calif. Terms of the deal were not disclosed. CBS specializes in bond and commercial insurance programs. InterWest is a regional insurance brokerage headquartered in Sacramento with 350 employee.

California Commissioner on Immigrant Eligibility for Workers’ Comp Benefits

California Insurance Commissioner Ricardo Lara today alerted insurance companies that all workers affected by COVID-19 on the job are eligible for workers’ compensation benefits regardless of their immigration status. Lara’s alert includes workers engaged in occupations such as healthcare, emergency …

Coronavirus Resource Update 4/9/20

Stay Informed We’ve added a new, uplifting category to this blog – From Our Family to Yours. Below the news and resources, you’ll find a growing list of interesting and educational links that our Wells Media family is sharing with …

Louisiana Places Moratorium on Insurance Policy Cancellations/Non-Renewals

Louisiana Insurance Commissioner Jim Donelon in late March issued Emergency Rule 40, which places a moratorium on insurance policy cancellations and non-renewals for policyholders in Louisiana. The emergency rule is a result of the statewide public health emergency declared by …

Michigan’s AmeriTrust Auto-Renewing General Business Policies During Pandemic

Southfield, Michigan-based AmeriTrust Group on March 20 said its admitted insurance carriers will guarantee renewal of all general business policies for the next 90 days, except in certain situations including in cases of fraud and misrepresentation, and for certain lines …

Firefighters Work to Contain North Carolina Wildfires

Firefighters kept working on Saturday to slow the spread of western North Carolina wildfires that have spread due to high winds, the U.S. Forest Service said. A fire that began on private property Friday in Haywood County expanded to the …

Wisconsin’s American Family to Return $200M to Auto Insurance Customers

Madison, Wisconsin-based American Family Insurance says it will return approximately $200 million to its auto insurance customers as the COVID-19 pandemic has dramatically altered driving habits and created financial uncertainty for individuals and families across the country The premium relief …