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

Update: Aon Confirms EU Antitrust Probe of Merger with Willis Towers Watson

Aon plc confirmed that the European Commission (EC) has initiated a review of the company’s proposed $30 billion bid for Willis Towers Watson. Aon said the Phase II review is a common next step “for a transaction of this size …

Judge Gives Oklahoma Bars, Restaurants Temporary Curfew Reprieve

Oklahoma bars and restaurants have effectively won a temporary reprieve from a curfew that has been forcing them to close early since November to minimize the spread of the coronavirus. A state judge sided with a group of bar owners …

Wichita, Kansas, Records More Quakes, Including Largest in 5 Years

Multiple earthquakes rattled Wichita, Kan., on Dec. 19, with the largest measuring 3.7 on the Richter scale. That makes the trembler the largest on record in the city in the last five years, although it’s still is considered relatively small. …

Through November, Texas Surplus Lines Premium 12% Higher than Last Year

Texas surplus lines premium recorded by the Surplus Lines Stamping Office of Texas (SLTX) rose to $587.46 million in November. The recorded premium year to date as of November is 12.3% higher than that of the same period in 2019, …

Washington Drug Chain Settles over Invalid Prescriptions

The U.S. Department of Justice says it and Bartell Drugs have resolved allegations that the pharmacy chain filled invalid prescriptions between July 2016 and August 2020 in violation of the Controlled Substances Act. U.S. Attorney Brian T. Moran said under …

Small Earthquake Confirmed Near Colorado-Utah Border

A small earthquake hit a rural area Saturday near the Colorado-Utah border, the University of Utah Seismograph Stations confirmed. The magnitude 4.3 earthquake took place at 7:11 p.m on Saturday. The epicenter was 3 1/2 miles southwest of Bedrock, Colorado, …

Montana Requires $285M Cleanup Bond from Coal Company

Montana environmental regulators have forced the owners of a power plant to provide a $285 million cleanup bond, a move some local organizations hailed as a victory for conservation. But Talen Energy, the owner of the Colstrip Power Plant, filed …

Lloyd’s Syndicate Dale and DUAL Launch MGU with Focus on U.S. Property Insurance

Dale Underwriting Partners and DUAL announced a new joint venture, Dale DUAL MGU Ltd. (DDML), in collaboration with Aviva with immediate effect. This partnership has been brought together by Howden Reinsurance Broking led by head of Global Specialty Reinsurance, Gordon …

Licensing, Other Changes for Insurance Agents in Virginia to Take Effect Jan. 1

Changes in licensing, fees and continuing education due dates for insurance agents in Virginia will take effect January 1, 2021. These changes, as provided by Virginia law, have been in the works for more than two years and are among …

Bettencourt Approved as New Hampshire Deputy Insurance Commissioner

New Hampshire Governor Chris Sununu has approved the nomination of Policy Director D.J. Bettencourt as the next deputy commissioner of the New Hampshire Insurance Department. Bettencourt, a former state representative from Salem, N.H., who has served as the Governor’s liaison …