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

Reporting Who Gets It: Coworkers and Coronavirus

Does an employer have to say if a coworker has the virus? Employers are generally not required to tell workers when someone in the workplace has tested positive for the coronavirus. The U.S. Centers for Disease Control and Prevention recommends …

Declarations

Common Digital Theme “I do think the industry has learned from the pandemic and if there is one common theme, it is the power and value of digital capabilities.” — Maryland Insurance Commissioner Kathleen Birrane said of her plans for …

MetLife Looks to Sell P&C Auto and Home Insurance Business: KBW Analysts

MetLife is pursuing a sale of its property/casualty auto and home insurance business, according to a report by analysts following the company Keefe, Bruyette & Woods (KBW) analysts, Ryan Krueger and Meyer Shields, said the insurer is looking at a …

Next Funding Round for Next Insurance May Double Insurtech’s Valuation to $2.25 Billion

Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about $2.25 billion, according to people familiar with the matter. Alphabet Inc.’s CapitalG is in talks to lead the roughly $250 …

Report Shows Steep Drop in California Workers’ Comp IMRs in 1st Half Year

The number of independent medical reviews used to resolve California workers’ compensation medical disputes fell sharply in the first half of 2020 as the pandemic took a toll on the state’s economy with statewide unemployment spiking to a record level …

Arthur J. Gallagher & Co. Acquires Erin P. Collins & Associates in Arizona

Arthur J. Gallagher & Co. has acquired Kingman, Ariz.-based Erin P. Collins & Associates Inc. Erin Collins and his associates will continue to operate from their current locations under the direction of Scott Gregory, head of Gallagher’s Southwest region employee …

Fire Weather May Improve for Pacific Northwest, No Such Luck for Tinderbox California

Rains may bring some reprieve to those suffering from massive blazes in the Pacific Northwest in the next few weeks, but forecasters don’t expect any help for wildfire-plagued California anytime soon. That’s according to briefing call on Friday morning held …

Is It Covered? Frozen Pipes.

This “Is It Covered?” column will examine two real-life claims from the Dakotas involving frozen pipes – one personal lines and the other commercial lines. Both are good examples of how policy language usually governs, even if the result defies …

Georgia Port Foreman: No Issues Before Cargo Ship Overturned

A foreman who oversees dock workers at Georgia’s busy shipping terminal for automobiles said Tuesday he saw no problems as hundreds of cars and trucks were loaded onto the cargo ship Golden Ray shortly before the vessel overturned after leaving …

Great American, VGM Insurance Launch Golf & Country Club Program

Great American Insurance Group’s Alternative Markets Division has launched a new program for golf and country clubs across the United States in conjunction with VGM Insurance Services. The program based out of Waterloo, Iowa, was awarded to Great American effective …