May 12, 2020
An executive order by California Gov. Gavin Newsom last week is the most aggressive yet among the directives issued by 13 states that require workers’ compensation insurers to pay at least some COVID-19 claims. Pressure is growing on workers’ compensation …
May 12, 2020
San Francisco-based children’s clothing boutique Mudpie Inc. has filed a class action lawsuit on behalf of California-based retail stores against an insurance provider, saying the small businesses were wrongfully denied coverage for losses resulting from government-mandated public health shutdowns related …
May 12, 2020
French insurer Covéa has walked away from its planned $9 billion purchase of PartnerRe, the Bermuda-based reinsurer owned by Exor, the holding firm of Italy’s Agnelli family, saying it could no longer buy under the terms of their agreement. The …
May 12, 2020
The Texas Department of Insurance in Commissioner’s Bulletin No. B-0026-20 reminds insurers, agents, agencies, and adjusters of their responsibilities for temporary agent and emergency adjuster applicants and licensees. TDI said certain licensing requirements for insurance agents and adjusters and extended …
May 12, 2020
The West Virginia National Guard will assist in conducting tests for the coronavirus starting Monday at a poultry processing plant in a small county where cases have increased, authorities said. Testing at the Pilgrim’s Pride plant of about 940 workers …
May 12, 2020
Tyler, Texas-based Paramount General Agency, a licensed program administrator with a focus on the long-haul trucking industry, has launched an online platform offering a multi-line suite of insurance products for its broker and carrier clients. Paramount provides commercial auto liability, …
May 12, 2020
Insurance brokerage HUB International Limited (Hub) has acquired the employee benefits division of The Healy Group Inc. (Healy Benefits), based in South Bend, Indiana. Terms of the transaction were not disclosed. Healy Benefits provides employee benefits solutions, including benefits communications, …
May 12, 2020
One out of every four workers in New Orleans is without a job because of the coronavirus pandemic, according to a study by the University of Louisiana Lafayette. The study found unemployment in New Orleans is the highest in the …
May 12, 2020
Indiana Attorney General Curtis Hill’s law license will be suspended for 30 days over an allegation that he drunkenly groped four women during a party, the state Supreme Court ruled. The unanimous court decision said that the state’s attorney disciplinary …
May 12, 2020
Carmel, Indiana-based Protective Insurance Corp. (Protective) reported that a special committee of independent directors has been formed to evaluate a contingent sale agreement offered by certain Protective shareholders and other parties. The offering parties were not identified. Founded in 1930, …