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

Small Businesses, Lacking Legal Immunity, Fear COVID-19 Liability Lawsuits

Plans for a lawsuit against a Maine venue that hosted what became a “superspreader” wedding reception underscore the liability risks to small businesses amid the coronavirus pandemic and an uphill push by Republicans in Congress to give such outfits legal …

Kilauea Volcano Erupting on Hawaii’s Big Island

The Kilauea volcano on Hawaii’s Big Island has erupted, the U.S. Geological Survey said. The eruption began late Sunday within the within Halema’uma’u crater. The volcano is located within Hawaii Volcanoes National Park. A magnitude 4.4 earthquake hit about an …

Sompo Acquiring W. Brown & Associates in California

Sompo International Holdings Ltd. has acquired W. Brown & Associates Insurance Services in Irvine, Calif. Brown has been a managing general underwriter for Sompo International since 2016. The W. Brown operations will remain intact, leveraging the MGU’s management and underwriting …

California COVID-19 Workers’ Comp Claim Volume Trending up Again

California workers’ comp COVID-19 monthly claim volume, which fell sharply in August and September, is now trending up again, climbing 9.0% in October, then more than doubling in November, according to a California Workers’ Compensation Institute. The CWCI reviewed claims …

Brown & Brown Agrees to Acquire Irish Broker O’Leary Insurances

Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire the general insurance operating companies of O’Leary Insurances (OLI) in Ireland. The transaction is expected to close in January 2021, subject to …

New Group Launched for Senior Claims Managers in London Insurance Market

A new group for senior claims managers in the London insurance market has been established by the International Underwriting Association (IUA). The Claims Strategy Committee will oversee and coordinate all claims-related issues discussed by companies. It has been set up …

Legacy Specialist DARAG Completes First Acquisition in Luxembourg

DARAG Group Ltd., the Malta-based legacy acquirer, announced the completion of its purchase of Arisa Assurances SA, a Luxembourg-based automobile and travel insurance company previously owned by ADAC Versicherung AG. The transaction, announced in August, was conducted through DARAG’s German …

Brexit Trade Talks in ‘Final Push’ to Resolve Rift over Fishing Rights

BRUSSELS/LONDON — The European Union is giving a “final push” in a bid to strike a Brexit trade deal with Britain, the bloc’s chief negotiator said on Tuesday. Britain is set to complete its departure from the EU when it …

Here’s What’s In the $900 Billion COVID-19 Bill

U.S. congressional leaders said on Sunday they had reached agreement on a $900 billion package to provide the first new aid in months to an economy hammered by the novel coronavirus pandemic, with votes on Monday. Here’s what is in …

Different Federal, State Rules Confuse Employers Seeking COVID Vaccine for Workers

U.S. companies and industry groups trying to move their workers to the front of the line for a COVID-19 vaccine remain confused about conflicting state and local guidelines on how shots will be administered and to which workers, even as …