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

OSHA Vows More Work Safety Inspections for Coronavirus as Businesses Reopen

The U.S. Labor Department will expand inspections of businesses to reduce job-site hazards related to the new coronavirus as employees begin returning to work across the country, although the policy falls short of demands by worker advocates. The revised policy, …

Insurance Is Not A Company’s Primary Line of Defense in a Crisis

Imagine your company having a Halloween party: Employees show up wearing costumes mocking your customers, says the chief executive of a New York commercial insurance brokerage we recently interviewed. “Now imagine what happens when pictures of the party go public.” …

Minnesota Governor Signs Bill Aiding Farmers Facing Foreclosure

Minnesota Gov. Tim Walz has signed a bill that stops farm foreclosures until Dec. 1 for farmers struggling with the impacts of the COVID-19 pandemic who elect to take part in creditor mediation. Minnesota’s Farmer-Lender Mediation Act requires any creditor …

TDI Says License Renewal Extension Ends May 31; Issues Cat Area Data Call

The Texas Department of Insurance has issued a reminder to agents and adjusters that the extension to renew resident licenses and complete continuing education due to the COVID-19 crisis ends May 31. For licenses that expired in March, April or …

Journalist’s Spouse Sues Aircraft Owners, Insurers Over Deadly Louisiana Crash

The husband of a broadcast journalist who was killed in a Louisiana plane crash along with four others has filed a lawsuit against the aircraft’s owners and insurers, as well as the pilot’s estate. Steven Ensminger Jr., the son of …

Evacuations in Michigan as Dams Break, Flooding Hits Midwest

Michigan Gov. Gretchen Whitmer on May 19 declared a state of emergency in Midland County after the Edenville and Sanford Dams on the Tittabawassee River breached following several days of heavy that produced flooding and put pressure on dams. People …

Altamont Capital Deal to Acquire Topa Insurance Called Off

The deal for Altamont Capital Partners to acquire Topa Insurance Group has been called off. Last August, Altamont Capital Partners signed an agreement to acquire Calabasas, Calif.-based Topa Insurance Group from its long-time owner, Topa Equities Ltd. While Altamont was …

Please Place Your Masks in Upright Position. Airlines Stress Safety to Lure Passengers.

U.S. carriers JetBlue Airways Corp. and United Airlines Holdings Inc. announced fresh safety measures on Wednesday aimed at restoring confidence in travel as several executives pointed to signs domestic demand is improving. U.S. states are starting to reopen following stay-at-home …

MGM, Caesars, Boyd in Vegas to Participate in COVID-19 Testing Plan

The Las Vegas gaming industry will offer COVID-19 tests to employees before they return to work, the Culinary Union announced Tuesday, moving the hard-hit sector a step closer to reopening. MGM Resorts International, Caesars Entertainment Corp. and Boyd Gaming Corp …

Chubb Names McLaughlin Chief Underwriter for North America Retail Commercial

Chubb has appointed Michelle McLaughlin to be chief underwriting officer of its North America retail commercial property/casualty insurance division. In this capacity, McLaughlin will guide the business lines’ underwriting strategies and authority, as well as general underwriting management, for a …