February 10, 2021
Efforts to slow the process of global warming focus on the future harms of continuing to burn fossil fuel, but new research released Tuesday shows that deadly consequences from pollution are killing larger numbers of people right now than had …
February 10, 2021
A hacker gained unauthorized entry into a remote access software system shared by workers at a Florida city’s water treatment plant in an unsuccessful attempt to fill the water supply with a potentially harmful chemical, authorities said. An unknown suspect …
February 10, 2021
Target Corp. has been denied its $138 million insurance claim against ACE (now Chubb) Insurance companies stemming from a 2013 data breach. A federal judge in Minnesota ruled the retailer had failed to prove that its reimbursement to banks for …
February 10, 2021
The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies for special purpose acquisition companies have been flooded by the listings that surged last year. That’s caused insurers to …
February 10, 2021
Arthur J. Gallagher & Co. has acquired Ormond Beach, Fla.-based Air-Sur, Inc. Terms of the transaction were not disclosed. Founded in 1976, Air-Sur is a retail insurance broker serving clients in the aviation and aerospace industry. Its clients include air …
February 10, 2021
Massachusetts-based managing general agent ShoreOne created a new coverage for coastal homeowners to address inadequate flood coverage. ShoreOne’s new offering combines traditional homeowners insurance with full flood coverage in a single policy. Access to the combined policy fills the coverage …
February 9, 2021
A South Dakota judge on Feb. 8 struck down a voter-approved constitutional amendment that legalized recreational marijuana after Gov. Kristi Noem’s administration challenged it. Circuit Judge Christina Klinger ruled the measure approved by voters in November violated the state’s requirement …
February 9, 2021
Minnesota transportation and public safety officials have launched a traffic enforcement crackdown and awareness campaign amid a spike in deaths related to speeding during the coronavirus pandemic. Public safety, transportation and health officials gathered for a news conference to announce …
February 9, 2021
The Workers’ Compensation Insurance Rating Bureau of California has updated the cost impact evaluation of the Medical Treatment Utilization Schedule Drug Formulary, utilizing additional pharmaceutical transaction information in 2019 through the pre-pandemic period in 2020. The findings are detailed in …
February 9, 2021
In a year marred by a pandemic, massive Western U.S. wildfires, civil unrest, and a contentious election, California’s surplus lines market “didn’t miss a beat.” That was the message from Ben McKay, CEO and executive director of the Surplus Line …