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

AXA Unit to Offer Medical Consultations to Guests of French Hotel Group Accor

AXA and French hotel group Accor have formed a strategic partnership to provide medical support to guests staying at Accor’s 5000 hotels worldwide. As soon as July 2020, Accor’s guests will be able to benefit from advances in telemedicine through …

Florida’s Capitol Preferred to Shed Nearly 24K Policies; Regulator to Monitor Operations

Capitol Preferred Insurance Co., one of the top writers of homeowners insurance in Florida, has received approval from the state’s insurance regulator to shed 23,800 policies just weeks before the start of hurricane season. In a May 12 consent order, …

Hub International Acquires Assets of Hatchett Insurance Agency of Tennessee

Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Hatchett Insurance Agency, LLC (Hatchett Insurance). Terms of the transaction were not disclosed. Located in Winchester, Tenn., Hatchett Insurance is a family-owned independent insurance agency providing personal …

Lentz Named Senior VP – Underwriting at Texas Mutual Insurance Co.

Workers’ compensation provider, Texas Mutual Insurance Co., has appointed Jeff Lentz as the company’s senior vice president (SVP) of underwriting. He most recently was vice president of underwriting at the company. Lentz will oversee corporate underwriting, underwriting support services, regional …

Man Dies in Fall at South Dakota Construction Site

A 24-year-old man died on May 12 in a fall at a downtown Sioux Fall, South Dakota, construction site, police said. Police were called around 10:45 a.m. about a man injured at the construction site of the First Premier Bank …

Texas Appellate Courts Won’t Pay Ransom After Cyber Attack

Texas courts have been hit with a ransomware attack that took down the website and case management systems for the state’s appellate and high courts. The attack on the courts’ network was discovered by staff on the morning of May …

Outlooks Revised to Negative for Indiana’s NAMIC Insurance

AM Best reported it revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of NAMIC Insurance Co. Inc. (NAMICO) in Indianapolis, Indiana. The negative outlooks …

Kansas Sausage Making Plant with COVID-19 Cases Shuts Down

A Kansas plant that makes sausage shut down on May 13 after employees tested positive for the coronavirus, and an outbreak that has infected hundreds at the state’s largest prison claimed the life of another worker. The shutdown at the …

AIG Shareholders Approve Insurer’s Executive Compensation Plan

Shareholders of American International Group Inc. strengthened their support for the U.S. insurance company’s executive compensation plan after the board made changes to its pay packages, according to vote totals AIG released on Thursday. Nearly 94% of the shareholder votes …

Workers Protesting the Virus May Be Just the Start: Opinion

In recent weeks, employees at sites as diverse as Amazon warehouses, meat-processing plants and emergency rooms have raised the alarm over unsafe conditions posed by the new coronavirus. Workplace infections have been soaring, while protective gear has been in chronically …