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

Investigations Continue Following Blast at Maine Paper Mill

The Occupational Safety and Health Administration inspection of the site of a paper mill blast could take several more months. OSHA has until six months after the date it entered the Pixell Specialty Solutions mill on April 17 to complete …

Great American Insurance Group Hires Lewis as Divisional Vice President

Great American Insurance Group has hired Gordon M. Lewis as a divisional vice president within its Ocean Marine division. Lewis has more than 28 years of experience in numerous lines of business within the marine insurance industry. He joins Great …

Hub Acquires Assets of Massachusetts’ Lashua-LaChance & Poliks Insurance Agency

Hub International Limited, a global insurance brokerage, has acquired the assets of Lashua-LaChance & Poliks Insurance Agency Inc. Terms of the transaction were not disclosed. Located in Gardner, Mass., Lashua-LaChance is a locally owned, independent insurance agency that provides personal …

Insurance Comparison Website SelectQuote Hopes IPO Will Raise $342 Million

SelectQuote Inc. said on Friday it was looking to raise about $342 million in an initial public offering that could value the owner of the insurance policy comparison website at more than $3 billion. The company will offer about 18 …

The Facts About Supposed ‘Illegal Acts’ Exclusions

Is the Insurance Policy Affected if the Business Opens Against a Governor’s Orders: The Facts About Supposed “Illegal Acts” Exclusions States have gone to war against some municipalities over COVID-19. Executive orders currently in place in many states still bar …

Ed Broking Launches E-Trading Platform Called ‘TradEd’ in Bermuda

Ed Broking, the London-based reinsurance, wholesale and specialty broker, announced the external launch of its TradEd portals for carriers and clients in Bermuda. TradEd, the e-trading platform that is used in-house by BGC insurance companies* globally, is now available to …

BMS Signs Long-Term Partnership Agreement with Chilean Broker Insurex Re

BMS Group, the London-based specialist re/insurance broker, announce it has signed a preferred partner agreement with the independent Chilean reinsurance broker and existing trading partner Insurex Re, a company owned by Insurex Group. A long-term business plan has been agreed …

Coronavirus Blocks Farm Laborers from Working in UK – in Possible Foretaste of Brexit

Britain’s fruit and vegetable farmers have long dreaded their country’s exit from the European Union, worrying that it would keep out the tens of thousands of Eastern European workers who come every year to pick produce. Now, the coronavirus pandemic …

Europe Faces Sweltering Summer with Below-Average Rainfall: Scientists

Europe is set for a sweltering and tinder dry summer this year, posing trouble for farmers, utilities and transportation on inland waterways. That’s the conclusion of scientists at the Copernicus Climate Change Service, who published the seasonal outlook this week. …

Italy to Protect Businesses from Liability if Workers Catch Coronavirus: News Report

Italian businesses that follow the health and safety rules are protected from liability in case returning workers catch coronavirus, the head of the country’s insurance association said in an interview with La Stampa. While infections are categorized as workplace accidents …