August 20, 2021
A man who suffered a compound fracture to his leg when he was hit by a tear gas canister during racial injustice protests last summer has received a $200,000 settlement from the Kansas City, Missouri, police department. The man did …
August 20, 2021
A new study by Indiana University and RAND Corp. assessed the impact of COVID-19 vaccinations and found that 139,393 deaths were prevented during the first five months of vaccination efforts in the United States. With COVID-19 cases again on the …
August 20, 2021
Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level. While 36 U.S. states and the District of Columbia have …
August 19, 2021
California Insurance Commissioner Ricardo Lara on Thursday issued a mandatory one-year moratorium on insurance companies from non-renewing or cancelling residential property insurance policies. The action is intended to aid more than 25,000 policyholders who have been affected by the Lava …
August 19, 2021
Texas public safety officials said on Aug. 18 that an inspection of 6,288 commercial motor vehicles in the state resulted in more than 1,000 citations, over 18,500 warnings and more than 1,600 vehicles taken out of service for safety violations. …
August 19, 2021
Japanese cryptocurrency exchange Liquid said on Thursday it was hit by hackers in a theft estimated at more than $94 million, the latest crypto platform to be targeted by cyber criminals. “We are sorry to announce that #LiquidGlobal warm wallets …
August 19, 2021
A wildfire in the Superior National Forest of northeastern Minnesota has grown to 5 square miles (13 square kilometers) as hot, dry and windy conditions persist, officials said. U.S. Forest Service and other crews have been fighting the fire from …
August 19, 2021
AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of National American Insurance Co. (NAICO) in Chandler, Oklahoma. Established in 1987, NAICO …
August 19, 2021
The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a result of lower COVID-19 …
August 19, 2021
Insurance brokerage competitors Willis Towers Watson and Alliant Insurance Services are battling in court over what Willis alleges is a conspiracy by Alliant to steal its employees, trade secrets and clients. Willis maintains that this past July Alliant orchestrated a …