July 30, 2020
Jupiter, a Silicon Valley startup provider of predictive data and analytics for climate risk, announced it has raised additional capital from insurers Liberty Mutual and MS&AD Insurance Group Holdings, and SYSTEMIQ, a sustainable economic systems firm. Jupiter, which declined to …
July 30, 2020
Catastrophe risk products and services company, Risk Management Solutions Inc. (RMS), has estimated that insurance losses in the U.S. from Hurricane Hanna will not exceed $400 million. This estimate represents insured losses associated with wind and storm surge, including losses …
July 30, 2020
Georgia’s governor has withdrawn a request for an emergency order to block the state’s largest city from ordering people to wear masks in public or imposing other restrictions related to the COVID-19 pandemic while a lawsuit on the matters is …
July 30, 2020
Actress Ashley Judd persuaded a federal appeals court to let her proceed with a sexual-harassment claim against former movie mogul Harvey Weinstein, who she said sabotaged her career after she rejected his advances. The allegation stems from an episode at …
July 30, 2020
Refunds, dividends, credits, or other appropriate premium adjustments automobile insurance companies have offered to their customers due to the COVID-19 pandemic have saved Oklahoma drivers $164 million, the state insurance department reported on July 20. 99 Oklahoma property/casualty insurance companies …
July 30, 2020
Insurance Journal announced that insurance agency owners looking to sell their agencies may post agency-for-sale listings on the highest trafficked property/casualty insurance news site in the world. For free. What’s the catch? If the insurance agency sale occurs due to …
July 30, 2020
Failure to rein in climate change and bolster sea defenses could jeopardize up to a fifth of the world’s economic output by the end of the century, as flooding threatens coastal countries worldwide, according to a study released on Thursday. …
July 30, 2020
The pending acquisition by insurance broker Aon of rival Willis Towers Watson is “not good for the market or for clients but is good for Marsh & McLennan,” commented Daniel Glaser, president and chief executive officer of Marsh & McLennan …
July 30, 2020
A seafood processing plant in Anchorage, Alaska has found 56 employees tested positive for COVID-19, marking the latest outbreak in the industry, health officials said. The Anchorage Health Department announced Friday that testing was conducted between July 17 and July …
July 30, 2020
A federal judge says a wrongful death lawsuit stemming from the fatal shooting of a man who helped lead the armed occupation of an Oregon wildlife refuge can proceed against Oregon State Police, but allegations against other federal, state and …