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

North Dakota Oil Patch Sees Exodus of Workers

Killdeer City, N.D., Administrator Matt Oase can’t help but notice that the community’s population is not what it was six months ago, and wonder what that might mean for the 2020 census count. Apartment complexes are advertising move-in specials such …

Louisiana Health System Cited for Coronavirus Safety Violations

A healthcare system in Shreveport, Louisiana, has been cited by federal workplace safety officials for failing to protect employees from coronavirus exposure. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited Christus Shreveport-Bossier Health System for failing …

OneBeacon Acquires International Bond & Marine Brokerage

OneBeacon Insurance Group said it has acquired International Bond & Marine Brokerage, Ltd., a privately held brokerage and risk management firm specializing in the international trade markets. IB&M will retain its brand and operate as a standalone brokerage, offering customs …

Associated Agencies Acquires The Bensman Group in Illinois

Associated Agencies Inc., a privately held insurance and risk management firm based in Rolling Meadows, Ill., has acquired Bensman Risk Management Inc. and Bensman Associates Ltd. (The Bensman Group), a Bannockburn, Ill.-based insurance, risk management and strategic planning firm led …

Louisiana Says Agent Took Premiums but Didn’t Place Insurance

A Lafayette Parish, Louisiana, insurance producer has been issued a cease and desist order, a license revocation, summary suspension and a fine for allegedly misappropriating premium funds, according to the Louisiana Department of Insurance (LDI). Matthew Sias, a property/casualty producer …

Colorado Wildfire Destroyed 25 Residential Buildings, 54 Structures

A month-old northern Colorado wildfire has destroyed 25 residential buildings and a total of 54 structures, the Larimer County Sheriff’s Office says. The fire near Red Feather Lakes has burned 160 square miles and was 4% contained but hasn’t grown …

Bad Air From Western Wildfires Just Won’t Ease up

Relief from putrid, dangerous air spewing from massive wildfires across the West won’t come until later in the week or beyond, scientists and forecasters say, and the hazy and gunk-filled skies might stick around for even longer. People in Oregon, …

Financial Conduct Authority Hails Business Interruption Ruling as Policyholder Win

The Financial Conduct Authority said today’s High Court judgment in its coronavirus business interruption insurance test case found in favour of policyholders on the majority of the key issues. “Our aim throughout this court action has been to get clarity …

Insurers, Policyholders, Analysts React to UK’s COVID-19 Business Interruption Ruling

Insurers and observers are weighing in on the ruling by a London court in a test case brought by Britain’s Financial Conduct Authority (FCA) to clarify insurance coverage for COVID-19 related business interruption claims. The FCA says the court brought …

Connecticut’s LL Global Hires Carroll to Lead National Accounts Team

LL Global Inc., the Windsor, Conn.-based, non-profit parent organization for trade associations LIMRA and LOMA, has hired John Carroll to lead its National Accounts team. He will report to Sean O’Donnell, senior vice president of LL Global Member Relations and …