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

Newfront Insurance in California Adds Tennis in Employee Benefits

Newfront Insurance in San Francisco, Calif., has named Dana Tennis a principal and employee benefits producer. Tennis was previously with Marsh & McLennan Agency as a client sales executive. She was a business performance advisor with Insperity before that. Newfront …

Delaware Elects Incumbent Insurance Commissioner Navarro to Second Term

Delaware’s incumbent insurance commissioner Trinidad Navarro has been elected to a second term, beating out opponent Dr. Julia Pillsbury with roughly 60% of the votes, according to New York Times data. Pillsbury was the candidate for the Republican party in …

Allstate Reports 26.7% Increase in Q3 Net Income to $1.13 Billion

The Allstate Corp. reported a 26.7% increase in its third quarter net income, primarily due to higher auto insurance underwriting income and net realized capital gains. Allstate’s third quarter net income able to common shareholders was $1.13 billion, or $3.58 …

Man Killed in Accident in Central Pennsylvania Mine

Authorities on Wednesday were investigating after a man died in a central Pennsylvania coal mine. Daniel Shoener, 37, of Donaldson, was struck by a rock about 1,000 feet below the surface in Williamstown Mine on Tuesday afternoon, police said. Fellow …

Gas Explosion Engulfs Three Long Island Homes in Flames

Two firefighters and a resident were injured when three Long Island houses were set ablaze by a gas explosion early Sunday morning, fire officials said. The explosion shortly after 5:30 a.m. destroyed three homes in Meadowmere Park in Nassau County, …

Connecticut Worker Injured in 50-Foot Fall from Tree

A worker in Connecticut suffered serious injuries Monday when he fell about 50 feet from a tree and landed on a small shed, police said. The man was up in the tree in Mystic preparing it for removal when it …

Analysis: Exit from Paris Agreement Creates Climate Liability for U.S. Businesses

The outcome of the U.S. general election is not yet clear. What’s been obvious for months is that climate change was on the ballot, and the U.S. election matters for global climate action. And one thing is certain: The U.S. …

Lloyd’s Drops Plan to Form Electronic Exchanges, Opting to Work with Existing Platforms

Lloyd’s of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms to speed up the underwriting process and cut costs, the commercial insurance market said on Thursday. Lloyd’s said last …

Applied Underwriters Announces Formation of Applied Specialty Underwriters, Names Christopher Day President of the New Company

Applied Specialty Underwriters will concentrate on Casualty E&S markets nationwide, initially focusing on New York construction risks. Omaha, NE, November 5, 2020 — Steve Menzies, CEO of Applied Underwriters, today announced the creation of Applied Specialty Underwriters, LLC to focus …

Another Severe Storm Threatens Philippines Just Days After Super Typhoon Goni

The Philippines is bracing for a severe tropical storm that’s expected to hit its northern tip days after Super Typhoon Goni left. Storm Atsani will likely strengthen into a typhoon with peak intensity of 120 kilometers per hour as it …