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

British On-Demand Drone Insurer Flock Raises $17 Million in Funding

British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social Capital, Flock said on Thursday. Flock started out insuring commercial drones, and added car and van fleets last year. It …

Alabama COVID Hospitalizations Soar

The number of COVID-19 patients in Alabama hospitals Monday climbed to more than 900 _ a number the state has not seen since February _ as the state sees a surge in virus cases. There were 947 COVID-19 patients in …

People Moves: Monarch E&S Hires Currier; Howden Specialty Names Two Executive Directors for Financial Lines Division

Monarch E&S Monarch E&S Insurance Services has named Heather Currier operations manager. Currier will be based out of Monarch’s Florida branch with responsibilities covering the company’s national platform. With 20 years of insurance experience, Currier has proven success in developing …

Lloyd’s Plans Insurance for Electric Vehicles, Hydrogen Fuel, in Climate Change Fight

Lloyd’s of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said on Thursday. Lloyd’s published a climate action road map to speed the move …

West Virginia Lawsuit Over Opioids Reaches Closing Arguments

Three major U.S. drug distributors should be held responsible for sending a “tsunami” of prescription pain pills that caused a health crisis in one corner of West Virginia, an attorney for local governments said in closing arguments Tuesday in a …

People Moves: Bahn Joins RPS in Illinois; Keller Joins IFG Primary Casualty in Chicago; Omaha National Promotes Perry

Risk Placement Services Bruce Bahn joined Risk Placement Services (RPS) in Rolling Meadows, Ill., as the vice president of business and product development. In this new position, Bahn will be responsible for leading the firm’s new product and program development …

Scientists Call for Urgent Climate Change Action, Citing ‘Tipping Point’

The California Climate Insurance Working Group has released 40 state and local policy recommendations focused on reducing damage and improving recovery following a wildfire, extreme heat wave, or flood. The report “Protecting Communities, Preserving Nature, and Building Resiliency; How First-of-Its-Kind …

Labor Commissioner Cites Three California Grocers $447K over COVID-19 Paid Sick Leave

The California Labor Commissioner’s Office cited three El Super grocery stores in Southern California for failing to provide or delaying supplemental paid sick leave or other benefits to 95 workers impacted by COVID-19. Some of the workers were reportedly forced …

California, Nevada Governors Tour Site of Massive Wildfire

The governors of California and Nevada called for more federal firefighting assistance Wednesday as they toured a region blackened by one of several massive wildfires that have destroyed dozens of homes in the West. Nevada Gov. Steve Sisolak and California …

Deadline Nears for FEMA Aid Applications in SW Louisiana

Southwest Louisiana residents and businesses have only a few more days to apply for federal disaster assistance because of property damage or other eligible losses in May due to severe storms, tornadoes and flooding. FEMA said homeowners, renters or business …