June 24, 2020
An earthquake rattled Central California Monday evening but no damage or injuries were immediately reported, the U.S. Geological Survey confirmed. A magnitude-4.6 temblor struck at 5:25 p.m. southeast of the community of Lone Pine in Inyo County, according to the …
June 24, 2020
La Jolla, Calif.-based Palomar Holdings Inc. announced the underwritten public offering of 1 million shares of the company’s common stock, par value $0.0001 per share, to fund growth. Palomar Holdings Inc. also announced it has formed Palomar Excess and Surplus …
June 24, 2020
Palomar Holdings Inc. has formed Palomar Excess and Surplus Insurance Co. Palomar Holdings Inc. announced the underwritten public offering of 1 million shares of the company’s common stock PESIC has received all necessary regulatory approvals to operate as an excess …
June 24, 2020
States are in various stages of reopening following months of COVID-19 lock downs. As the states progress through the phases, businesses are making key decisions regarding masks, should masks be required or optional? Some legislatures have taken the responsibility for …
June 24, 2020
Nephila Capital announced that the Lloyd’s Council has given in-principle approval to Nephila’s plan to form a new syndicate. Bermuda-based Nephila is the largest institutional asset manager dedicated to investing in natural catastrophe and weather risk. Nephila’s Syndicate 2357 at …
June 24, 2020
Severe weather outbreaks across the United States, with a lot of hailstorm damage, resulted in another costly month for insurers as a significant proportion of the US$4 billion economic cost was covered by insurance, according to Aon’s monthly Global Catastrophe …
June 24, 2020
A Delaware couple who filed a wrongful death lawsuit after their infant son died at a home day care center has lost a bid to have a judge rule in their favor without a trial. Carlita and Charles Laws argued …
June 24, 2020
Firearms manufacturer Smith & Wesson Brands Inc. negligently marketed the AR-15 style semiautomatic rifle that was used in a 2019 mass shooting at a California synagogue, victims and survivors claim in a lawsuit. The company illegally designed and marketed its …
June 24, 2020
Federal authorities say that a North Carolina man is facing charges related to setting fires in two businesses in downtown Raleigh during protests against racism and police brutality. The Raleigh News & Observer reports that agents with the Bureau of …
June 24, 2020
A family of farmers in North Florida is seeking answers after a field of watermelons was sprayed with damaging chemicals. Hugh Martin told the Gainesville Sun his family is offering a $10,000 reward for information that helps lead to the …