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

CopperPoint in Arizona Reelects Directors Patrick and Tully to Board

Judith Patrick and Mike Tully have been reelected to the board of directors for CopperPoint Mutual Insurance Holding Co. The results of the election were announced at the annual members’ meeting in mid September. Patrick and Tully will serve terms …

Crest in Colorado Promotes VanGotten to Assistant Commercial Lines Manager

Crest Insurance LLC of Denver, Colo., has promoted Jason VanGotten to assistant commercial lines manager. His prior experience includes ownership of a home inspection company, and a producer for Colorado Restaurant Insurance. He joined Crest Insurance in 2018 as a …

UN Envoy Carney Backs Investors’ Call for Increased Climate Risk Disclosure

United Nations climate envoy Mark Carney on Thursday threw his weight behind a growing push by investors for companies to more accurately reflect climate-related risks in their financial accounts. Such risks can range from physical dangers such as water levels …

EU Strikes Low-Cost Deal With AstraZeneca to Pay COVID-19 Vaccine Claims

European governments will pay claims above an agreed limit against AstraZeneca over side-effects from its potential COVID-19 vaccine, under different terms to a deal struck with Sanofi, an EU official told Reuters. The deals reflect different strategies by two of …

D&O Insurers Under Pressure But Big Enough to Handle Pandemic Claims, Says Fitch

As claims related to the economic fallout from the pandemic emerge in the U.S. directors & officers (D&O) liability insurance segment, insurers can expect the claims to take several years to pay out and underwriting losses to continue over the …

Four Senior-Level Black Managers Including Diversity Leaders Exit AIG

American International Group Inc. has lost four senior Black managers in recent weeks, including two who were tasked with improving the diversity of the insurer’s ranks. Global inclusion head Vievette Henry and Walter Hurdle, who had previously run diversity efforts …

U.S. to Research Transmission of COVID-19 in Beef Supply Chain

The U.S. Department of Agriculture is funding a $1 million research project to identify how the virus that causes COVID-19 might be transmitted in the nation’s beef supply chain, from cattle on the farm to the packages of meat inside …

Iowa Beef Plant Fine After Coronavirus Outbreak: $957

Iowa regulators have issued their first citation to a meatpacking plant with a large coronavirus outbreak that sickened its workforce — a $957 fine for a minor record-keeping violation. The outbreak at the Iowa Premium Beef Plant in Tama in …

Suit Filed in California Says Scooters Rented by Uber, Segway Don’t Have Turn Signals

A class action lawsuit has been filed against several scooter rental companies, including Uber and Segway, because the scooters don’t have turn signals and the makers don’t warn consumers about that danger. The suit was filed on Thursday on behalf …

Tiger King’s Carole Baskin Sued in Florida for Defamation by Former Assistant

Carole Baskin, who became a pop culture sensation due to Netflix’s docuseries “Tiger King,” is being sued for defamation by a former assistant. As part of the lawsuit, the daughters of Baskin’s former husband are seeking more information about what …