Monthly Archives: <span>July 2021</span>

Louisiana Reminds Insurers of Obligations in Commercial Policy Renewals

Louisiana insurance regulators have issued a new advisory letter reminding authorized property/casualty insurers writing in the state about the information they must provide in writing when they issue a renewal notice to commercial policyholders. Advisory Letter 2021-03, issued by the …

Canada Orders Rail Transport Restrictions in Areas with High Wildfire Risk

OTTAWA – Canada on Sunday ordered rail transport restrictions for areas where there is a high wildfire risk after a blaze wiped out the town of Lytton, British Columbia, and killed two people earlier this month. The order will require …

Forecasters Raise Number of Expected Storms for Hurricane Season to 20

Researchers from Colorado State University boosted their prediction for named tropical storms in the 2021 Atlantic hurricane season in a revised forecast issued last Thursday. Colorado State meteorologists predicted 20 named storms, up from 17 in their forecast issued in …

Shell Abandons Push to Get Oil Spill Lawsuit to Be Heard in Nigeria

Royal Dutch Shell Plc has abandoned its final attempt to argue that a major lawsuit brought by thousands of Nigerians over an oil spill in the West African country should be heard in Nigeria rather than the UK. Shell’s legal …

Applied Underwriters Acquires Generali’s U.S. Specialty Lines Division

Applied Underwriters has acquired the U.S. Specialty Lines division of Generali Group including Generali Warranty Services, which offers extended warranty programs and contractual liability insurance services. Applied Underwriters said it will aggregate the specialty lines business into its newly-formed Applied …

Aftershocks From M6 Earthquake Rattle California, Nevada

Aftershocks have hit the region between Northern California and Nevada Friday after a magnitude 6 earthquake sent large boulders rolling into highways and knocked smaller items off shelves. The quake shortly before 4 p.m. Thursday was centered south of Lake …

Jury Awards $1.5M to Man Run Over by Washington Police Officer

Jurors have awarded $1.5 million to a man who was run over by a Tacoma police officer. Emanuel Andrade sued the Police Department, the city and Officer Luke Faulkner, the News Tribune reported. Andrade alleged the officer in 2014 was …

Heat Wave Blankets West as Wildfires Rage in Several States

Firefighters struggled to contain an exploding Northern California wildfire under blazing temperatures as another heat wave blanketed the West, prompting an excessive heat warning for inland and desert areas. Death Valley in southeastern California’s Mojave Desert reached 128 degrees Fahrenheit …

Federal Judge Halts Part of Florida’s New Property Insurance Reform Law

A federal judge has halted enforcement of a section of Florida’s new property insurance reform (SB 76) law that restricts the advertisements and solicitations of roofing contractors. U.S. District Judge Mark Walker granted the injunction Sunday in response to a …

Purdue Pharma to Pay $4.5B in New York Settlement Over Role in Opioid Crisis

Governor Andrew M. Cuomo has announced a $4.5 billion settlement with Purdue Pharma over the company’s role in falsely marketing its products. The owners of Purdue Pharma, the Sackler family, will be required to pay $4.5 billion over the next …