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

NY Stock Exchange Partially Reopens Trading Floor; Traders, Staff Sign Liability Waivers

New York Governor Andrew Cuomo donned a face mask and rang the opening bell at the New York Stock Exchange on Tuesday, marking the partial reopening of the trading floor at 11 Wall Street, which had been shuttered since March …

Oregon Children Sue Day Care Owner, State Agencies Over Sex Abuse

The representatives of three children who attended a Polk County, Ore. day care are suing multiple people and state agencies over sexual abuse for $5.1 million. The children attended the now-closed Stinky Feet Childcare in Independence owned by Ceola Harden, …

Woodruff Sawyer Adds Crowder in Northern California

Woodruff Sawyer has added Kelly Crowder to its Northern California management liability and property/casualty teams as a vice president and account executive. Crowder will serve high-growth private and public company clients. She was previously a senior risk management consultant and …

Top 100 Cities: 6 in 10 Homes in High-Risk Flood Zones Lack Flood Insurance

As the Atlantic hurricane season approaches, and central Michigan experiences severe flooding, a new report analyzing 100 of the largest U.S. cities shows where homeowners face the greatest financial risk and exposure to flooding. According to the personal financial website …

Weakened Bertha Expected to Hit Carolinas, Virginia With Heavy Rains, Flash Floods

05/27/2020 02:53 PM (Reuters) – Bertha, the second named storm this Atlantic hurricane season, has weakened to a tropical depression but was still expected to bring heavy rain and possibly life-threatening flash floods to parts of the Carolinas and Virginia, …

Unlicensed Agent in California Nabbed for Allegedly Stealing $500K in Premiums

Unlicensed insurance agent Ai Ling Lee, also known as Linda Lee, 60, of Hacienda Heights, Calif., was arrested on nine felony counts of grand theft after allegedly stealing roughly $500,000 in clients’ insurance premium payments and failing to place adequate …

Georgia Man Accused of Defrauding Employer Over COVID-19

A Georgia man faces charges after authorities say he lied to his employer that he had tested positive for COVID-19. Santwon Antonio Davis, 34, is charged with defrauding his employer, the U.S. attorney’s office in Atlanta said in a news …

Texas Unemployment Rate Hits 12.8% in April, Worst on Record

The state’s April jobless rate was 12.8% — Texas’ worst monthly tally on record. That number, included in the Labor Department’s monthly report released on May 22, is the government’s clearest and most comprehensive look at the economic devastation in …

Tropical Storm Bertha to Bring Heavy Rain to South Carolina

A tropical storm that quickly formed off the coast of South Carolina on Wednesday threatened to unleash heavy rainfall that could produce life-threatening flash flooding after making landfall near Charleston, the National Hurricane Center said. With maximum sustained winds of …

Texas Windstorm Insurer Files Replacement Cost Policy Form Revisions

The Texas Windstorm Insurance Association has filed the following revised endorsements with the Texas Department of Insurance for approval: Revised Endorsement No. 164 – Replacement Cost Coverage – Coverage A (Building) and Coverage B (Business Personal Property). Revised Endorsement No. …