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

J.M. Wilson Promotes Gibbons to Sr. Transportation Underwriter in Ohio

Managing general agency and surplus lines insurance broker J.M. Wilson has promoted Ryan Gibbons as senior transportation underwriter in its Westerville, Ohio. office. Gibbons is responsible for underwriting new and renewal accounts for a wide variety of commercial transportation risks, …

Tennnessee High Court: Presumption Law Protects Agents, Carriers

Under Tennessee law, policyholders who pay their premiums create a legal presumption that they have accepted the terms of coverage. The statute limits lawsuits by underinsured policyholders who thought they had enough coverage but found after a loss that they …

Michigan Recovers More than $16.2M for Insurance Consumers

The Michigan Department of Insurance and Financial Services (DIFS) says it helped recover more than $16.2 million for consumers during the 2020 fiscal year, which ended Sept. 30. DIFS’ Office of Consumer Services helped consumers recover $9 million in settled …

Judge: Government Must Pay Lower Missouri River Landowners for Flood Damage

The federal government must pay some landowners along the lower Missouri River for flooding damage caused by changes the Army Corps of Engineers made to the river to protect endangered species, a judge has ruled. The ruling this week by …

Aon’s Eldredge Named General Counsel at Broker TigerRisk

Insurance broker/advisor TigerRisk has appointed Daniel J. “Tad” Eldredge as partner and general counsel. He is located in Minneapolis, Minn. Eldredge comes to TigerRisk from Aon where he was chief counsel, Corporate and Americas, served on the Global Executive Committee …

Texas Surplus Lines Stamping Office: Fee Decreases on Jan. 1, 2021

The Surplus Lines Stamping Office of Texas (SLTX) is reminding wholesale agents and brokers that the stamping fee for recording surplus lines insurance policies in Texas will be lower beginning on Jan. 1, 2021. The stamping fee will drop from …

Indiana Lawmakers to Push for Coronavirus Liability Shield

Indiana’s governor and legislative leaders are lining up in favor of giving a legal shield to businesses from COVID-19 lawsuits when the General Assembly returns to action next month. Supporters argue the liability protection is needed for factories, stores, restaurants …

Masks Help Curb COVID-19’s Spread But May Not be Enough at Close Distances

Simply wearing a face mask may not be enough to prevent the spread of COVID-19 without social distancing. In a new project Physics of Fluids, by AIP Publishing, researchers tested how five different types of mask materials impacted the spread …

Insuring Cannabis Summit: Legal Cannabis Space Moving at Light Speed

Editor’s note: This is part of a series of articles based on panels and presentations during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19. Things aren’t just moving fast in the legal cannabis space, they are moving very fast. …

Walmart Denies U.S. Charges It Fueled Opioid Crisis by Filling ‘Illegitimate Prescriptions’

The U.S. Justice Department sued Walmart Inc. on Tuesday, accusing the world’s biggest retailer of fueling the opioid crisis in the United States, ignoring warning signs from its pharmacists and filling thousands of invalid prescriptions. In a civil lawsuit in …