May 5, 2020
A South Dakota pork processing plant took its first steps toward reopening on May 4 after being shuttered for over two weeks because of a coronavirus outbreak that infected more than 800 employees. As two departments opened at the Sioux …
May 5, 2020
Security Insurance Group Inc. (SIG) of Pierre, South Dakota, has joined Midwest Insurance Agency Alliance (MIAA), a network of insurance agencies across seven states. Founded in 2012, SIG is a full-service insurance agency owned by Vern Armstrong. The agency offers …
May 5, 2020
Publicly traded independent personal lines insurance agency, Goosehead Insurance Inc., headquartered in Westlake, Texas, has reported a loss of $156,000 for the first quarter of 2020, with revenues of $20.4 million. The loss translates to a 1 cent loss on …
May 5, 2020
Oklahoma Attorney General Mike Hunter has refiled lawsuits against three opioid distributors in one of the state’s counties hit hardest by the opioid epidemic. The litigation previously filed as one case in Cleveland County was refiled as three separate cases …
May 5, 2020
Almost a month after Tokyo declared a state of emergency, dozens of call center employees for telecom KDDI Corp still commute into their crowded office, where the fear of coronavirus infection has taken a back seat to data security. Call …
May 5, 2020
New York Governor Andrew Cuomo has announced a reopening plan for New York businesses that includes four phases, each allowing businesses in select industries to open their doors. Businesses that are considered more essential, or that have an inherently lower …
May 5, 2020
CNA Financial Corp. recorded a first quarter 2020 net loss of $61 million, and core income of $108 million. The insurer said results for the quarter reflected financial market volatility amid the events of COVID-19. The results included net investment …
May 5, 2020
Heffernan Insurance Brokers has acquired Contractors Insurance NW in Olympia, Wash. Heffernan purchased the assets of CINW to join HeffDirect, a division of Heffernan Insurance Brokers CINW offers commercial insurance for contractors in Washington, Oregon, California, Idaho, and Texas,. Walnut …
May 5, 2020
Mercury General Corp. this week reported a first-quarter loss of $139.2 million, after reporting a profit in the same period a year earlier. The Los Angeles-based company said it had a loss of $2.51 per share. Earnings, adjusted for investment …
May 5, 2020
Marsh & McLennan Companies (MMC) marked the one-year anniversary of its acquisition of Jardine Lloyd Thompson (JLT) by reporting consolidated revenue in the first quarter of $4.7 billion, a 14% increase over the same quarter in 2019. Operating income was …