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

Mining Groups Should Be Required to Buy Insurance for Tailings Dams: Report

Mining companies should be required to buy private insurance for tailings dams and their board of directors should be held legally responsible for any disasters, a coalition of 140 environmental groups said in a report published on Tuesday. The recommendations, …

No-code Platform for Insurance, EasySend, is Transforming the Digital Transformation Landscape

Tel Aviv, Israel, June 30, 2020 – EasySend empowers insurance and financial service companies to digitize any paperwork-based process in a matter of days, including claims, policy issuance, customer onboarding, document submission, and remote servicing. From paperwork to digital The …

Blue Tarps Get a Revolutionary Upgrade with Patented Product

Miami, FL, June 30, 2020 –Insurance Companies Can Save Millions in Licensing Program. WrapRoof™ secured 20 U.S. patent claims in a revolutionary upgrade to blue tarps, becoming the only patented shrink wrap system in the U.S. for protecting damaged commercial …

Renaissance Alliance Insurance Services Adds 6 Agency Members in Florida

Renaissance Alliance Insurance Services, a membership alliance for independent insurance agencies, has added six independent insurance agencies to its Florida network. The new members include: AFG Insurance (American Fidelity Group) of Spring Hill, Fla. an independent agency offering a full …

Florida Restaurant Fined More Than $314K for Stealing Tips, Wages

Federal officials say a Florida restaurant chain with six locations has been fined more than $314,500 for taking employee tips and wages. The U.S. Department of Labor reported Friday that the Vietnamese chain Pho 79 “illegally diverted” federal overtime pay …

West Virginia Trail Derailment Caused by Engineer Error: Report

An engineer error caused a CSX freight train to derail as it crossed the Potomac River near Harpers Ferry, West Virginia, sending two cars into the water and damaging a footbridge that is part of the Appalachian Trail, according to …

North Carolina-Based BB&T Rebrands as Truist Insurance Holdings

BB&T Insurance Holdings, Inc., a subsidiary of Truist Bank, is officially now doing business as Truist Insurance Holdings, Inc. With $30 billion in premium in 2019, Truist Insurance Holdings is the fifth-largest insurance broker in the U.S. and sixth-largest in …

Nationwide’s Transition to Independent Agency Insurance Company Complete

Nationwide says the process of transitioning the company to operate as an independent insurance agency carrier is complete, effective July 1. For the past 18 months, the Columbus, Ohio-based insurer has been working on the transition. The company says more …

Insurance Dept: Required Premium Relief Has Saved California Drivers $1.2B

California automobile insurance companies have agreed to provide $1.21 billion in savings to drivers, the state insurance department says. Insurance Commissioner Ricardo Lara in May issued an order requiring insurers to provide premium relief to policyholders affected by the COVID-19 …

Houston Pharmacist, Wife Sentenced in $21M Workers’ Comp Fraud Case

A Houston pharmacist has been sentenced to 10 years in prison in a $21 million workers’ compensation fraud case. George Philip Tompkins, 75, the self-proclaimed “Compound King” and former owner of Piney Point Pharmacy, and his wife, Marene Kathryn Tompkins, …