July 19, 2021
The mayor of a southwest Louisiana city recovering from back-to-back blows from Hurricanes Laura and Delta is in Washington hoping to persuade federal officials to steer more aid to the region where rebuilding is sputtering. The Advocate reports that Lake …
July 19, 2021
Health officials have identified another person infected with the bacteria that may have caused an outbreak of illness at a splash park near Wichita. State and Sedgwick County health investigators said in a news release that at least seven people …
July 19, 2021
Erratic winds and dry lightning added to the dangers for crews battling the nation’s largest wildfire over the weekend in parched Oregon forests, just one of dozens burning across several Western states. The destructive Bootleg Fire, one of the largest …
July 19, 2021
Cyber risk is becoming increasingly relevant to insurer credit ratings, according to a report from S&P Global Ratings. Overall, S&P said it has noted “more credit-relevant cyber events in the last six months than in the previous six years.” S&P …
July 19, 2021
Boston-based Liberty Mutual Insurance said it will be applying for regulatory approval to acquire Malaysian property/casualty insurer AmGeneral Insurance Berhad, which is currently 51%-owned by AmBank Group and 49%-owned by Insurance Australia Group (IAG). Subject to regulatory approvals, Liberty Mutual’s …
July 19, 2021
The families of five Maryland newspaper employees killed in a mass shooting in 2018 and most of the surviving employees who were in the Capital Gazette newsroom during the attack have filed two lawsuits alleging a parent company did not …
July 19, 2021
Rhode Island Governor Dan McKee has vetoed legislation regarding auto body insurance claims that he said would ultimately burden consumers. “While I recognize the stated intent of this bill is to protect consumers, and there are portions of this legislation …
July 19, 2021
Two insurtech managing general agencies plan to merge in an effort to tap into embedded insurance demand for travel and other e-commerce businesses. Seeto, which focuses on helping e-businesses build embedded coverage, said it will merge with Pattern, a startup …
July 19, 2021
A small Delaware town has opted to triple its police department’s liability insurance, noting a rise in civil rights lawsuits. The Dewey Beach Town Council voted recently to increase the coverage from $1 million to $3 million, the News Journal …
July 19, 2021
The Hilb Group (THG) is building its presence in its home state with six acquisitions of Virginia-based agencies so far this month. The acquisitions were effective July 1. “We’re always looking to grow, especially in areas where we already have …