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

Second Lawsuit Filed Against Oregon Ranch Over Wildfire

A second lawsuit has been filed against an Oregon ranch accused of causing millions of dollars in damages by negligently igniting a 2018 wildfire. The federal government filed a complaint claiming that J-Spear Ranch of Paisley, Oregon, started the Watson …

Magnitude 4.9 Earthquake Confirmed in Central Nevada

A magnitude 4.9 earthquake struck central Nevada Friday afternoon, the U.S. Geological Survey confirmed. The temblor struck at 1:42 p.m. about 21 miles southeast of Mina, Nevada, in Esmeralda County’s Monte Cristo Range. Minor quakes have rattled the region since …

AXA XL’s Mackie Joins Liberty Mutual Re to Head U.S. Property Business

Two-year old Liberty Mutual Re said it has appointed Scott Mackie to the role of director of Assumed Reinsurance – Property. Mackie will be responsible for managing the underwriting of U.S. property risk and pro-rata business. Most recently senior property …

Bankruptcy Court Approves PG&E’s Chapter 11 Reorganization Plan

PG&E Corp. said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern District of California, bringing the power provider one step closer to emerging from bankruptcy and participate in a state-backed wildfire …

Winners Announced for 5th Annual Efma-Accenture Innovation in Insurance Awards

Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture, the professional services company, have announced the winners of the fifth annual Innovation in Insurance Awards during a virtual awards ceremony. The awards competition, …

In U.S., 1 in 4 COVID-19 Deaths Are Residents of Nursing Homes

Nursing home residents account for nearly 1 in 10 of all the coronavirus cases in the United States and more than a quarter of the deaths, according to an Associated Press analysis of government data released Thursday. As federal data …

Life Care Accused of Retaliation Against Nursing Home Staffers Who Spoke to Reuters

A nursing home owned by Life Care Centers of America Inc. has fired one nurse and banned another from the premises after the two were quoted in a Reuters investigation detailing horrific conditions, a staff exodus and a botched management …

Beazley Launches Contingency Policy Covering Virtual Event Organizers

Specialist insurer Beazley has launched a contingency policy designed to cover event organizers if a transmission failure disrupts or cancels a live virtual event. The insurer acknowledged that streaming live events is not new but the policy responds to an …

New Jersey Manufacturer Fined for Failing to Correct Machine Hazards

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Bravo Pak Inc. for failing to abate hazards at its Pennsauken, N.J., facility. The company owes $259,760 in penalties. In June 2019, OSHA cited the shipping supplies …

Gym Reopening Order Declined Amid Challenge to New Jersey Governor

A federal judge has declined to allow a southern New Jersey gym to reopen as it continues a constitutional challenge to the state order that shut down businesses deemed non-essential in order to help stem the spread of the coronavirus. …