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

Washington Farm Fined $2M for Virus Rule Violations

An investigation into the COVID-19 deaths of two workers at a Central Washington farm has reportedly found dozens of safety and health violations. As a result, the Washington state Department of Labor & Industries has cited Gebbers Farm Operations, LP …

Los Angeles Shelving ShakeAlertLA Quake Warning App

The city of Los Angeles is retiring its local earthquake early warning app and encouraging residents to download the statewide app that was subsequently deployed. ShakeAlertLA was launched in 2018 and has been downloaded 920,000 times, the office of Mayor …

Mink Captured Outside Oregon Farm Tests Positive for Virus

The Oregon Department of Agriculture said among animals captured during wildlife surveillance near a mink farm that recently had a coronavirus outbreak, a mink believed to have recently escaped confinement tested positive for low levels of the virus known to …

W. R. Berkley Corp. Launches Special Purpose Reinsurer in Bermuda

W. R. Berkley Corp. announced the formation of Lifson Re Ltd., a special purpose reinsurer registered in Bermuda and licensed by the Bermuda Monetary Authority. Lifson Re has been capitalized with more than $250 million of equity from a small …

Insurance Journal’s Top 10 (+1) Most Read Stories of 2020- National Region

There were, of course, recurrent topics and themes– from the coronavirus to business interruption to cyber to acquisitions to the Trump Administration to hurricanes — that dominated property/casualty insurance national news in 2020. At the same time, certain individual national …

After Year’s Best IPO, Lemonade Insider Selling Lockup Expiration May Pressure Stock

The best-performing listing of 2020 is poised to enter the new year with extra volatility after insider selling restrictions expire this week. Insurance provider Lemonade Inc. is trading more than 350% above its July 1 initial public offering price, the …

SynchronoSure, American European to Offer General Liability for Small Trucking Firms

Synchrono Group, doing business under SynchronoSure, and American European Insurance Group (AEIG) have expanded their partnership to include trucker general liability insurance for small trucking companies. SynchronoSure will underwrite and administer the business on behalf of AEIG ultimately in 14 …

Insurance Journal’s Top 10 Most Read Stories of 2020: East Region

Here’s a look back at Insurance Journal’s most read stories of 2020 for the East region, based on readership metrics: 1. Proposed N.J. Bill Would Require Insurers to Pay COVID-19 Business Interruption Claims A proposed New Jersey bill in March …

Philadelphia Insurance Promotes Pottle to Chief Strategic Operations Officer

Philadelphia Insurance Companies (PHLY) has promoted Bob Pottle to executive vice president and chief strategic operations officer (CSOO). The CSOO role is a newly created position that will use Pottle’s 34 years of leadership and experience at PHLY to enhance …

Rhode Island’s Providence Mutual Appoints Streton as President, CEO-Elect

Providence Mutual, a Warwick, R.I.-based mutual property/casualty insurance company, has appointed Michele Streton, former vice president and chief operating officer for Personal Lines at Hanover Group, as the company’s new president and CEO-elect. Streton will join Providence Mutual on January …