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

Louisiana Tells Former Producer’s Insurance Agency to ‘Cease and Desist’

A Louisiana insurance agency that state insurance regulators say enabled a former insurance producer to transact insurance business without a license has been issued a Cease and Desist order. Insurance Commissioner Jim Donelon issued the C&D order to Bennett Seymour …

West-Central, Southern Minnesota Hit with Tornado, Large Hail

At least one tornado moved through west-central and southern Minnesota, but there are no reports of injuries or widespread damage, according to the National Weather Service. The tornado was reported near Garden City about 5 p.m. on June 2. The …

New Orleans Universities, Archdiocese Named in Katrina Aid Lawsuit

Two New Orleans universities, the Roman Catholic Archdiocese of New Orleans and a government contractor are defendants in a whistleblower lawsuit alleging fraud involving more than $100 million in Hurricane Katrina aid. The 2016 federal lawsuit was unsealed on June …

Property Damage from Unrest in Minneapolis: $55M and Rising

The city of Minneapolis says the looting and property damage that following the death of George Floyd in police custody has caused least $55 million in destruction so far. Vandals damaged or set fire to at least 220 buildings, but …

Mistake in Louisiana Auto Crash Bill Could Cause Higher Damage Awards

After a last-minute scramble to pass the business lobby’s top priority for the regular session, Republican legislators quickly realized they mangled the language of the bill aimed at limiting damage claims against insurance companies in car wreck lawsuits. Now, GOP …

Lloyd’s Creates Single Body for Governance to Improve Speed, Efficiency of Decisions

Lloyd’s announced it has merged the Council of Lloyd’s with the Franchise Board, creating one body to govern the marketplace. The decision to merge the two entities was first announced in November 2019. ‘The combination of board and council will …

Stadiums May Test Fans’ Privacy Boundaries With Virus Prevention Technologies

The metal detectors every sports fan has become accustomed to at the gate might soon be accompanied by thermal body scanners as part of the gargantuan task of preventing the spread of the new coronavirus and other airborne diseases. And …

N.Y. Emergency Reg Requires Insurers to Expedite Claims Related to Civil Unrest

The New York State Department of Financial Services (DFS) has issued an emergency regulation requiring New York-regulated insurers to accelerate the claims process for businesses and individuals suffering damage as a result of looting. Governor Andrew M. Cuomo’s announced the …

Magnitude 5.5 Earthquake Confirmed in California Desert Region

A magnitude 5.5 earthquake has jolted the region of California desert where a powerful quake last summer was followed by thousands of aftershocks, the U.S. Geological Survey confirmed. The USGS says Wednesday’s quake hit at a fairly shallow depth shortly …

Homes Burned, Evacuations Ordered in California Wildfire

A grass fire burning northeast of San Francisco destroyed or damaged about a dozen homes Wednesday and prompted evacuations of several streets, fire officials said. The fire erupted at around 3:30 p.m. near a wildlife center in Suisun City, near …