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

Liberty Mutual Estimates Q1 Loss from Coronavirus to Be Like Moderate Catastrophe

Global insurer Liberty Mutual said the COVID-19 pandemic is likely to have the most impact on its first quarter investment portfolio results, with its business in trade credit, general liability, workers compensation, and event cancellation coverage among the lines most …

Brown & Brown Reports Q1 Revenue Up; Takes Steps to Anticipate Coronavirus Impact

Insurance agency Brown & Brown saw revenues and net income increase in the first quarter, even after accounting for expected lower revenues on existing employee benefits and workers’ compensation policies and other potential effects from the coronavirus crisis. Revenues increased …

DeSantis Declares Parts of Florida ‘On the Other Side’ of Outbreak

Florida Gov. Ron DeSantis asserted on Sunday that parts of the state are now “on the other side” of the coronavirus outbreak, and said he would soon announce whether he would lift edicts that shuttered much of the state’s economy …

Nashville to Pay $35K to Family of Man Slain at Waffle House

The city of Nashville will settle a lawsuit with the family of one of four victims shot to death inside of a Waffle House restaurant. The Metro Council voted April 21 to approve a $35,000 payment to the family of …

NICB: Texas Again Claims Top Spot for Hail Claims

A three-year analysis National Insurance Crime Bureau (NICB) of insurance claims associated with hailstorms in the United States shows Texas once again leads all states in hail claims by a wide margin. NICB’s report is based on a review of …

Missouri’s Blunt Named 2020 Outstanding Safety Educator by ASSP

Leigh Ann Blunt, a nationally recognized professor in the occupational safety and health field and member of the American Society of Safety Professionals (ASSP) for 14 years, has been named ASSP’s 2020 William E. Tarrants Outstanding Safety Educator. Blunt, Ed.D., …

PERILS Releases Industry Exposure Database 2020, Now Including Australia Motor

PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data, has released its Industry Exposure Database 2020. The database contains up-to-date information about property sums insured and the number of risks exposed to natural perils in Australia, Austria, …

EF-2 Tornado Caused Significant Damage in Western South Carolina

The National Weather Service said Sunday that a tornado touched down Saturday night in northwestern South Carolina. The EF-2 tornado at Greenville reached its “peak intensity” of 115 mph (185 kph). It created significant damage in Greenville County, with trees …

NAMIC Applauds Repeal of Illinois Workers’ Comp Expansion Rules

In a statement released by the National Association of Mutual Insurance Companies, Andrew Perkins, NAMIC regional vice president – Great Lakes, applauded the Illinois Workers’ Compensation Commission’s reversal on emergency rules that would have greatly expanded workers’ comp benefits in …

W. Va. Gov. Justice’s Coal Firms to Pay $1M in Fines, Penalties in Mine Contract Dispute

A federal judge in Kentucky has ordered companies owned by West Virginia Gov. Jim Justice to pay more than $1 million in fees and expenses in a lawsuit that accused them of defaulting on a mining contract. U.S. District Judge …