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

Challenges Facing Healthcare Pros on COVID Vaccine Frontlines: Q&A with Aon Experts

Is the U.S. healthcare industry prepared to shoulder the massive responsibility of administering an estimated 300 million COVID-19 vaccinations? Healthcare professionals will face challenges, according to experts at insurance broker Aon. Most of those giving the shots will have experience …

Cover Whale Expands Trucking Offering to Include Fleets

Cover Whale, an insurtech with a specialty niche in the trucking and transportation segment, has expanded its trucking insurance products to include a fleet insurance program. Fleet managers and select insurance brokers now have access to the Cover Whale online …

New AAIS Fire Risk Model Approved by Florida Regulator

Insurance advisory organization AAIS (American Association of Insurance Services) has received approval from the Florida Office of Insurance Regulation for its new predictive model. The AAIS Fire Loss and Mitigation Evaluation Score (FLAMES) was designed to improve on existing methods …

Combined Losses from Laura and Delta Top $5B in Louisiana

Reported insured losses from Hurricanes Laura and Delta collectively have topped more than $5 billion as of Nov. 20, the state insurance department said. More than 236,938 claims had been reported as of Nov. 20 for the two hurricanes that …

Louisiana Virus Rules Dispute Returned to Lower Court

The Louisiana Supreme Court on Dec. 21 sent a legal feud between Gov. John Bel Edwards and House Republicans over coronavirus restrictions back to district court, saying the judge ruled too quickly that the state law the GOP used to …

2019 Mississippi River Tanker Accident Caused by Poor Management, Miscommunication

A fully loaded tanker on the Mississippi River near Reserve, La., caused $40.5 million in damage when it plowed into moored vessels, barges and infrastructure along the river in May 2019, federal transportation safety officials say. The National Transportation Safety …

Federal Disaster Aid Approved for Oklahoma Winter Storm Recovery

Federal disaster assistance has been made available to the state of Oklahoma to supplement state, tribal and local recovery efforts in the areas affected by severe winter storms from Oct. 26-29, 2020, according to FEMA. Federal funding also is available …

Workplace Fatalities Increased By 25% in Texas in 2019

The number of work-related fatalities in Texas rose by 25% in 2019. A report on fatal occupational injuries in 2019 released by the Texas Department of Insurance, Division of Workers’ Compensation (DWC) shows there were 608 workplace fatalities in private …

Ryan Specialty’s Renewables MGU Forms Partnership with Generali

Power Energy Risk (PERse), the largest U.S.-based renewable energy managing general underwriter and a part of Ryan Specialty Group (RSG), has formed a strategic partnership with Generali’s P/C division Global Corporate & Commercial UK. The agreement aims at addressing renewables-related …

Mauritius Oil Spill Disaster Caused by Lack of Safety Awareness, Admits Shipowner

TOKYO — Japan’s Nagashiki Shipping said on Friday [Dec. 18] the grounding of one of its large bulk carriers that caused an ecological disaster in Mauritius was due to a lack of safety awareness and a failure to follow rules …