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

PEMCO Insurance in Washington Adds Hoell to Communications Team

PEMCO Mutual Insurance has named Chris Hoell a marketing automation manager in the company’s brand and communications team. Hoell will support PEMCO’s communications team, focusing on customer and candidate attraction and retention strategies. He will also support internal and external …

Neptune Flood Expands With Product for Small, Mid-Sized Commercial Lines

Neptune Flood, a digital flood insurance company. has launched a commercial flood insurance product for small and mid-sized businesses in 48 states. Phase 1 of the rollout makes Neptune Flood available for non-residential businesses such as offices, retailers and restaurants, …

Oil & Gas Companies Seek More D&O Insurance as Bankruptcies Loom

The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and investor lawsuits. Oil companies are shelling out as much as 75% more to renew insurance liability coverage for directors and …

The BIG Idea for Business Interruption Coverage: What It Is and Isn’t

Good faith coverage disputes over pandemic-related business interruption coverage don’t have to be fought out in courts, and retroactive rewrites of business interruption coverage language are unfair, according to a plaintiffs lawyer who represents restaurants. John Houghtaling, II, a lawyer …

Man Charged in Minneapolis Police Station Blaze

Federal prosecutors have charged a St. Paul man who allegedly admitted helping fuel the fire that destroyed a Minneapolis police station with aiding and abetting arson on a night when protests over the death in police custody of George Floyd …

Reform Plan Would Require Minneapolis Officers to Buy Liability Insurance

Several advocacy groups presented their own recommendations to reform law enforcement practices in Minneapolis, a day after the majority of the City Council voiced support for abolishing the police department entirely in the wake of George Floyd’s death. Minnesota’s Council …

Dam Failures Cause $200M in Damage; Michigan Seeks Disaster Declaration

Michigan Gov. Gretchen Whitmer is requesting a federal disaster declaration for the Midland area, where a failure of two dams destroyed 150 houses and caused more than $200 million in damage. Under a disaster declaration, Whitmer said she hopes to …

Updated Residential Earthquake Damage Guidelines for California Released

The California Earthquake Authority today released updated guidelines for identifying, evaluating and repairing residential earthquake damage were The guidelines were updated at CEA’s annual claim manager meeting. Experts from CEA and the Applied Technology Council presented the new CEA-ATC publication …

Tornado in Orlando Topples Trees, Damages Buildings

A tornado that struck the Orlando area toppled trees and damaged buildings but did not cause any deaths or injuries, authorities say. The National Weather Service said the twister had winds of at least 100 mph (160 kmh). The tornado …

Travelers Pledges $1M to Support Racial Justice Efforts, Minnesota Communities

Property/casualty insurer The Travelers Companies Inc. said it is committing $1 million to assist nonprofits dedicated to advancing racial equality across the United States and rebuilding damaged businesses in Minnesota, where the company has had a significant presence for more …