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

Chubb CEO Greenberg Stresses Need to Address Ransomware and ‘Systemic’ Cyber Risk

Chubb Chairman and CEO Evan Greenberg is doubling down against outlawing ransomware payments to address the growing threat of ransomware. He appears to make an exception, however, for cryptocurrency payments. “While I don’t think the government should outlaw ransomware payments …

Business Moves

National TowerBrook, ProSight Investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital Management said they have completed the acquisition of ProSight Global, Inc., a New Jersey-based domestic specialty insurance holding company. As announced in January, the …

101 Sales, Marketing & Agency Management Ideas

1. Be Excellent. Create or sponsor an award for excellence for an organization or individual in an industry or community you serve. 2. Get Published. Start a magazine for your niche market. 3. Volunteer. The hand that gives, gathers. There …

Washington Farm to Pay More Than $2M Following COVID Deaths

The state of Washington reached a settlement with Gebbers Farms Operations LP to spend more than $2 million improving housing, quality of life, safety and access to health care for farm employees and their families. The Washington state Department of …

Postmates Paying $1M to Washington Gig Workers in Settlement

Online food delivery platform Postmates has agreed to pay almost $1 million to settle allegations it violated the city’s paid sick leave policies for gig workers, Seattle’s Office of Labor Standards said. The city said in a news release that …

California Workers’ Comp Written Premium Down 13%, Report Shows

California workers’ compensation written premium for the first quarter of 2021 was 13% below that for the first quarter of 2020, according to a quarterly experience report issued by the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB report …

Arizona Supreme Court Malpractice Case Ruling Cites Need for Expert Testimony

An Arizona Supreme Court decision says medical malpractice lawsuits involving unclear causes of death or other injury can’t proceed without sufficient expert witness testimony providing guidance for jurors. The court’s decision stemmed from the 2012 death of a 4-year-old boy …

Fred Expected to Bring Tropical Storm Conditions to Florida

Fred is forecasted to bring tropical storm conditions in portions of Florida Saturday according to a National Hurricane Center Aug. 13 update. The Keys, southern and central Florida could see between three to six inches of rain as the storm …

Wildfires Threaten Rural Towns in Montana, California

Wildfires in Montana threatened rural towns and ranchland while victims of a California blaze returned to their incinerated community, even as the U.S. West faced another round of dangerous weather and smoke pollution fouled the air. Firefighters and residents have …

People Moves: Texas Agent, Padron, Named Invest Chair

Invest Invest, the classroom-to-career education program backed by the Independent Insurance Agents and Brokers of America, appointed Juan Padron, partner at SafeGuard Insurance Agency in McAllen, Texas, as the new chair of the national Invest board. Padron has been part …