Monthly Archives: <span>April 2022</span>

Lawsuit Alleges Power Line Sparked Colorado Wildfire

The first lawsuit filed in connection with a wildfire that destroyed over 1,000 homes and other buildings in suburban Denver claims that sparks from a power line started December’s blaze. The lawsuit filed against Xcel Energy says that its power …

Idaho Governor Vetoes Bill Banning Business Vaccine Requirements

Idaho Gov. Brad Little has vetoed legislation that would make it illegal for most businesses to require the coronavirus vaccine. “I am vetoing this legislation because I am a lifelong advocate of limited government,” Little wrote in his transmittal letter …

$14M Jury Award for Protesters Comes As Other Cities Face Similar Policing Lawsuits

A federal jury’s $14 million award to Denver protesters hit with pepper balls and a bag filled with lead during 2020 demonstrations over the police killing of George Floyd in Minneapolis could resonate nationwide as courts weigh more than two …

Insurance Technology: Certificate Hero and TNEDICCA Attract Investors

Certificate Hero Raises $4.5 Million for Certificate of Insurance Processing Platform Certificate Hero, a platform for issuing and managing certificates of insurance, reported it received $4.5 million in funding in its Series Seed II round led by RRE Ventures. The …

Alabama, Georgia Lawmakers Make Uber, Grubhub Drivers Independent Contractors

Alabama and Georgia are poised to join the ranks of those states making it clear that drivers for Uber, Lyft, Grubhub and other delivery and ride-sharing apps should be considered independent contractors, not employees with workers’ compensation insurance and other …

Biden Touts Importance of U.S. Trucking

President Joe Biden on Monday touted the importance of the U.S. trucking industry especially during the COVID-19 pandemic as the administration has worked to boost the number of truck drivers by drawing in more women and veterans. The White House …

Reinsurers to Bear Brunt of Australia Flood Claims: AM Best

The majority of gross losses from recent devastating flooding in Australia likely will be borne by reinsurers with limited impact on primary insurers’ balance sheets, according to an AM Best report. The flooding brought widespread damage to regions of New …

U.S. Supply-Chain Pressures Soar to a Record, Index Shows

A measure of U.S. supply-chain pressures rose to a record, adding to already stiff inflationary headwinds from logistics amid dwindling warehouse space and unprecedented inventory costs. The Logistics Managers’ Index, released Tuesday, advanced for a third straight month in March, …

People Moves: Beazley Names Head of Cyber Services – Int’l; RenaissanceRe Appoints Senior ESG, Climate Roles; Barr Joins Miller’s Specialist Credit and Political Risks Team

This edition of International People Moves details appointments at re/insurers Beazley and RenaissanceRe Holdings, as well as insurance broker Miller. A summary of these new hires follows here. Beazley Appoints New Head of Cyber Services – International Specialist insurer Beazley …

Gallagher Bassett International Acquires UK-Based Claims Settlement Agencies Ltd.

Claims services provider Gallagher Bassett (GB) International has boosted its size and offering in the United Kingdom by acquiring third-party claims administrator Claims Settlement Agencies Ltd. (CSA). Financial details of the deal were not disclosed. Established in 1990, CSA specializes …