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

SelectQuote Raises $350M in IPO; Shares Jump 40% in Market Debut

Shares of SelectQuote Inc. jumped more than 40% in their stock market debut on Thursday, giving the insurance policy comparison website a market valuation of over $4 billion. The company’s stellar offering is the latest sign of thawing in the …

Federal Coronavirus Business Interruption Suits Now Top 100; Many More Expected

A federal court has received notice that 101 lawsuits have been filed as of Wednesday seeking coverage from insurers for business interruption losses caused by COVID-19. Plaintiffs attorneys say they expect the number to rise into the thousands. “Ultimately, I …

Woodruff Sawyer Adds Glover as Producer in California

Woodruff Sawyer has added Paul Glover to the San Francisco, Calif., office as a producer and account executive in the firm’s real estate practice. He has been bringing serving clients in the real estate and manufacturing industries for more than …

Michigan Flood Puts Privately Owned Dams in Harsh Spotlight

The dams that breached after days of heavy rain in central Michigan are privately owned and had been the center of controversy for several years. Now Governor Gretchen Whitmer is saying these critical facilities should not be in private hands. …

Report: Financial Community Sees Climate Risk as Improperly Priced

Climate risk is widely seen in the financial community as being improperly priced. A recent survey with an emphasis on the financial sector shows the overwhelming majority of respondents think that climate risk has only been either partially priced or …

Many Florida Business Owners Take Slow Approach to Reopening

Despite reopenings throughout Florida, some cities and businesses are hesitant about welcoming the public, saying they want to take things slow due to lingering safety concerns. It’s a delicate balance, especially for small business owners who have been closed since …

Possible Virus Exposure Shut Louisiana OMV Office the Day it Reopened

Coronavirus fears closed a Louisiana Office of Motor Vehicles location near New Orleans the same morning that it reopened after a two-month pandemic closure. The office in Harvey was notified that someone in the building might have been in contact …

18 North Carolina Counties Receive Disaster Declaration for February Storms

A disaster declaration for 18 North Carolina counties damaged by unusual winter thunderstorms and tornadoes means local governments will get help from Washington to pay for the cleanup. President Donald Trump has granted Gov. Roy Cooper’s request for a federal …

Florida Keys to Reopen to Visitors June 1

The Florida Keys will reopen to tourists on June 1, more than two months after the island chain closed to visitors to minimize the spread of the coronavirus. Checkpoints that barred visitors from coming into the Florida Keys will be …

WNFIS Expands Private Flood Program into South Carolina

Wright National Flood Insurance Services, LLC (WNFIS) has expanded its Residential Private Flood Insurance Program into South Carolina. This stand-alone product was previously launched in Florida and New Jersey last year, with plans for expansion into additional states. Wright’s Residential …