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

The Liberty Company Insurance Brokers Adds Cuevas to Florida Office

The Liberty Company Insurance Brokers has added Mike Cuevas to the firm’s Ft. Lauderdale, Fla., office. Cuevas has more than 30 years of experience with previous stops at Coastal Premier and Van Ameringen’s Insurance. Cuevas has worked with clients in …

Zurich Insurance in Talks to Acquire MetLife Unit for $4 Billion

Switzerland’s Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc.’s U.S. property and casualty (P&C) car and home insurance unit for close to $4 billion, according to people familiar with the matter. Zurich Insurance issued a statement …

Judge Declines to Halt Michigan’s Recent Ban on Indoor Dining

A judge on Nov. 20 declined to halt a three-week ban on indoor dining in Michigan that is one of the most recent coronavirus restrictions imposed by Gov. Gretchen Whitmer’s administration. The state health department, meanwhile, reported a new daily …

A Dozen Items Slated to Be Considered for California Export List

More items are being proposed for the California Export List than in recent memory, including coverages for cyber, parametric products, earthquake, and COVID-19, according to a surplus lines expert. The California Department of Insurance gave official notice that the next …

Judge Upholds Washington’s Orders Against Armed Citizens Legal Defense Network

An administrative law judge upheld Washington Insurance Commissioner Mike Kreidler’s fine and cease-and-desist order against Armed Citizens Legal Defense Network Inc., for illegally acting as an insurer in the state. Kreidler in March ordered Armed Citizens to stop acting as …

SPG Names Lamitola Chief Sales Officer, Stavrakis Takes Helm of Monarch

Specialty Program Group LLC has named Christopher Lamitola chief sales officer. Lamitola will provide sales and marketing guidance to acquired business partners. Lamitola comes to SPG from Allstate Insurance Co. in New York, where he was territory sales leader. Prior …

Louisiana a Founding Member of ‘Cannabis Regulators Association’

Louisiana is one of 19 states that are now part of the newly formed non-partisan organization called the Cannabis Regulators Association (CANNRA). The Louisiana Department of Agriculture and Forestry (LDAF) is a founding member of the association. LDAF, which regulates …

NTSB: Offshore Louisiana $750K Liftboat Loss Caused by Faulty Preload Procedure

The overturning of a liftboat servicing an oil platform in the Gulf of Mexico off the Louisiana coast was the result of an inadequate preload procedure, according to federal report. The National Transportation Safety Board on Nov. 17 issued its …

What Congress Should Do, or Not Do, to Rescue Businesses in Future Pandemics

Congress is weighing whether insurers and government can together “bend pandemic risk curves” for future events or simply replace some of the economic losses of businesses, putting them “into induced comas” during pandemics. That was the essence of a debate …

Tire Chain to Pay $16M to Oregon Employees Over Lunch Breaks

Thousands of Les Schwab Tire Centers employees in Oregon will receive $2,500 checks this month as part of a settlement over a lawsuit that said the chain hadn’t given workers enough time for lunch. The suit alleged the Schwab employees …