News for March 2021
- ‘Not Over Yet,’ But Crews Gaining Control of South Dakota Wildfires
- Inmate Sues Over Riot in Hawaii That Injured Him
- COVID-19 Liability Shield for Arizona Businesses Advances
- 360 Coverage Pros Launches Tax Preparer Professional Liability Program
- CoreLogic: Southeast Tornado Outbreak Affected Nearly 10K Homes
- Australia’s Floods to Hit Insurers’ Earnings, Put Upward Pressure on Reinsurance Rates
- Medical Marijuana Bill Advances in Kansas
- North Carolina Residents Struggle to Recover from Strongest Tornado on Record
- Arkansas Takes Control of Pharmacy Benefits Insurer
- Final Defendants Sentenced in Massive Texas Work Comp/Healthcare Fraud Case
- More Rain Comes to Tennessee After Historic Flooding
- COVID-19 Liability Bill for Florida Businesses, Healthcare Providers Signed by Gov
- Alaska Backcountry Helicopter Crash Killed 5 on Ski Trip
- Mother of Black Student Seeking Damages Against California School for Racist Rant
- Lawmakers from California Want U.S. Departments to Be Year-Round Wildfire Agencies
- Distracted Driving Behaviors Increased During Pandemic. Are Bosses to Blame?
- Supreme Court Could Use TransUnion ‘Terrorist List’ Case to Curb Class Actions
- Hong Kong Developing SPAC Framework – But Lack of D&O Insurance Could Be Issue
- Tech Firms Under More Scrutiny and Unhappy with Their D&O Insurance
- It’s Time to Rewrite The Rules That Make U.S. Roads So Deadly: Viewpoint
- Insurance Industry Stepping Up as Cyber Risks Mount for High-Net-Worth
- Lloyd’s Expects Large Loss from Suez Canal Blockage
- Formal Investigations Begin into How Container Ship Ran Around in Suez Canal
- Severe Thunderstorms Roar Through New Jersey; Thousands Lose Power
- Vermont State Agency Offers to Assist Residents After Rare Tornado
- Brown Thayer Shedd Insurance Agency Rebrands as Cross Private Client Insurance
- Houston Company to Pay $50.9K to Settle Federal Age Discrimination Suit
- City of London Financial Center Likely to See Most Workers Return After Pandemic
- Gen Xers Pass Boomers in Wealth; Inequality on Basis of Race Persists
- 2020’s P/C Insurance Industry Results and What They Mean for 2021
- Former California Agent Arraigned After Allegedly Stealing from Client
- Fire Danger Alerts, Red Flag Warnings Issued in Midwest States
- South Dakota Wildfires: 400 Homes Evacuated; Mount Rushmore Closed
- Aon Takes a Holiday
- Florida’s Centauri Insurance Keeps ‘A’ Rating, Plans Expansion After Applied Acquisition
- RPS, AXIS Insurance Launch Coverage for Home-Based Businesses
- Michigan’s Acrisure Launches New Asset Management Division
- Damaged Homes, Injuries, 1 Death, in East Texas Tornado
- Texas Attorneys Face Organized Crime, Workers’ Comp Fraud Charges
- Lengthy Legal Battles Expected from Suez Canal’s Longest Closure in Almost 50 Years
- Indiana Sandwich Shop to Pay $28.7K to Settle Disability Discrimination Suit
- Regulators, Watchdog at Odds With Insurance Actuaries Over Withdrawn Documents
- Texas Legislation Would Overhaul State’s Electricity Market, Require Weatherization
- Global Insurers Paid $89 Billion for Natural, Manmade Disasters in 2020: Swiss Re
- Insurance Technology: Marble Opens Up Wallet; AXA Funds Idelic’s Analytics; Markel Backs Counterpart Platform
- Hawaii Teen Gets $150K Settlement for Arrest by Classmate’s Dad
- Washington School District Agrees to $4.25M Sex Assault Settlement
- California County Paying $4M in Misconduct Suits
- Police Say New York Construction Worker Killed in Trench Collapse
- Pennsylvania Gas Driller to Pay $1.9M for Damage to Wetlands, Waterways
- People Moves: Cole from XS Brokers to Rockwood; Westchester’s Roberts, Fred C. Church’s Sanderson Promoted
- Despite Soy Rally, Farmers Bet on Corn Backed by High Crop Insurance Guarantee
- Boeing Directors Seek Dismissal of Investors’ Lawsuit Over 737 MAX Safety
- Guy Carpenter Launches Asia Pacific Capital Advisory Group
- Japan Chipmaker Renesas Says Normal Production at Fire-Hit Plant to Take 100-120 Days
- Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier
- Florida School District to Pay $2M Over Chicken Nugget Choking Death of Student
- ‘Treating Us Like Robots’: Alabama Amazon Workers Seek Union
- Illinois Governor Vetoes Personal Injury Prejudgment Interest Legislation
- Insurance Unlikely to Cover All Shipowners’ Expenses Incurred in Suez Closure Chaos
- Supreme Court Grapples With Investor Class Actions in Goldman Sachs Securities Case
- Number of Independent Agencies Dips a Bit: Future One Study
- Groups Opposing Bill to Create California Medical Provider Network Option for Workers
- Mastercard Battles Attempts to Expand Scope of $19B Class Action in UK
- Tornado Outbreak from ‘Super Cell’ Storms Cause Damage Across Deep South
- Fire Destroys Historic Black Church in Northeast Florida
- Homes, Cars Flooded After Record Rains in Tennessee; Dozens Rescued
- Gas Leak Forces Evacuation in Georgia Amid Storm Cleanup
- Forklift Accident at Wisconsin Food Plant Leads to $177K in Proposed Penalties
- Florida Lawmakers Send COVID-19 Liability Protection Bill to Governor
- Study: Nearly 70% of ERCOT Customers Lost Power During Texas Winter Storm
- OSHA Sues Texas Hotel Operator for Whistleblower Law, Other Violations
- Bill to Legalize Recreational Pot Dies in North Dakota Senate
- Judge: Austin Can Require Masks Despite Lifting of Texas’ Statewide Mandate
- Private Equity Firm Odyssey Partners With Management to Acquire SIAA
- Allstate’s Sale of New York Unit to Wilton Re to Complete Exit from Life, Annuity Business
- Underground Electrical Blast Rocks New Jersey’s Asbury Park
- New Jersey Governor Nominates Thompson as Insurance Fraud Prosecutor
- Tornado Touches Down in Vermont, Injuring at Least Two
- Caesars in Nevada Puts Pandemic Losses At $2B, Wants Insurers to Pay
- Utah Passes Law Requiring Pilot Insurance Following Plane Crash
- Judge Considering Requiring PG&E in California to Turn off Power More Often
- Former California Uber Driver Convicted of Raping Passengers
- Chubb ‘Disappointed’ in Hartford’s Rejection of Merger Offer, Talks
- FEMA Knows About Trying to Build Back Better Infrastructure
- Analysts Affirm CNA Ratings As Insurer Continues Probe of Cyber Attack
- Suez Canal Blockage Likely to Bring Large Losses for Global Reinsurers: Fitch
- SPACs Have Rocketed in U.S. but Europe Has Moved More Slowly. Here’s Why.
- Software Developers Launching Type of Insurance Cover for Cryptocurrencies
- What Has Changed After Brexit for London’s Financial Center?
- Update: Stranded Container Ship Is Refloated; Suez Canal Shipping Traffic Resumes
- Midwest People Moves: J.M. Wilson; AF Group
- Photographer Wins Copyright Claim Over Warhol Art
- Allianz Privately Mulls Counteroffer for The Hartford After Chubb’s Offer
- State of Emergency Issued in Alabama After Tornadoes Sweep Region
- U.S. Supreme: Accident Victims Can Sue Ford in Minnesota, Montana State Courts
- Southeast Brokers Sterling Seacrest Partners, Pritchard & Jerden to Merge
- Proposed S. Carolina Bill Cracks Down on Pellet Producers Polluting Water
- Kansas AG: Roofer Fined $110K, Must Repay More Than $8.3K in Resititution
- First Louisiana Insurance Is Now a Higginbotham Company
- Suez Canal Blockage Could Cost Global Trade $6B-$10B per Week: Allianz
- People Moves: Kinsale’s Secor to Hamilton’s New U.S. Unit; Marsh Names Quintal, McLellan Financial Lines Leaders
- U.S.C. Paying $1.1B to Patients of Gynecologist in Alleged Abuse Cases
- Regulators Weigh Model Law for Pet Insurance to Address Consumer Peeves
- Bail Bond Insurance Industry Spends to Defend Profitable Business Against Critics
- RSA Names Former Aviva Executive Hodges as Chair of UK, International Businesses
- Element Risk Management Acquires Henderson Insurance, Our Legacy Insurance
- Former New York Postal Worker Sentenced for Workers’ Comp Fraud
- Insurtech Funding News: $118M for Pie; $30M for Snapsheet
- City of London Is Realizing that EU Will Limit Access for Financial Services: Lawmaker
- Brokerslink Expands in Balkans with Addition of Broker in Bosnia and Herzegovina
- Fate of Florida Insurance Reforms Uncertain as Lawmakers Weigh Industry-Backed Bills
- Minnesota Recreational Marijuana Bill Advances in House
- North Dakota Seed Company to Pay $225K OSHA Penalty After Employee Injury
- Private Equity Firm CVC Nears Deal to Buy Insurance Arm of National Bank of Greece
- Update: Allianz to Purchase Aviva Poland for $2.9 Billion, Winning Bidding War
- Gender Pay Gap in Australia Is Worst in Insurance and Finance Industries: Study
- South Central People Moves: Texas’ BSBD Group Adds Williamson as VP
- Former Student Accuses Washington Teacher of Sex Abuse
- Supreme Court Rejects Ford Stance in Product Liability Venue Dispute
- Contractor Fined $74K Over Asbestos-Tainted Debris at Oregon Site
- Arizona City’s Computer System Slowly Recovering From Cyberattack
- When Lights Go Out as They Did in Texas, Insurance Coverage Could Turn On
- White House to Require Software Firms to Disclose Breaches to Government Customers
- Judge Lets Massachusetts Claims Over Uber, Lyft Driver Classification Proceed
- At Least 111 Texans Died in During Winter Storm; Most from Hypothermia
- Container Ship Could Block Suez Canal Like a ‘Beached Whale’ for Weeks
- Forecasters Warn Severe Storms Could Spawn Tornadoes in South
- Alera Group Acquires E3 Outsource of Florida, Launches National Employee Benefits Helpline
- Generali Raises Bid for Aviva Poland in Battle with Dutch Insurer NN: Sources
- AM Best Credit Ratings Assigned to Texas’ Upland Specialty Insurance
- When Normal Lloyd’s Trading Returns, Brokers Urge Work Flexibility, Less ‘Stuffy’ Dress Code
- Ohio Entertainment Firm to Pay $40K in Discrimination/Retaliation Case
- Participate in Insurance Journal’s Young Agent Survey Today
- North Dakota House Kills Bill That Would Strengthen Seat Belt Law
- Battle Brews over Texas Bills Aimed at Commercial Vehicle Accident Lawsuits
- Chemical Site Cleanup on Maine River to Cost More Than $180M
- National Weather Service Upgrades Forecast Model
- New York Proposes Guidance for Insurers on Financial Risks of Climate Change
- 3 Homeowners Get $1.1M for 2017 Nevada Flood Damage
- Disclosure Protections May Not Apply to Some Facebook App Records in Healey Probe
- Huge Backlog of Ships Waits for Salvage Team to Re-Float Vessel Blocking Suez Canal
- Towergate Buys AFL Retail Team, Following a Separate AFL Team Move Last Week
- SEC Starting to Inquire About Risk Management of Blank Check IPOs: Reuters
- Kin Insurance to Offer Homeowners Coverage in Louisiana
- Crawford & Co. Appoints Spencer as Global President of Crawford Legal Services
- Minnesota District to Pay $300K to Settle Transgender Student Discrimination Suit
- W. Virginia Enacts COVID Liability Protections for Employers, Health Care Providers
- Lawsuit Against BHP over Brazil Dam Collapse Fails on Appeal in English Court
- Insurers of Container Ship Aground in Suez Canal Face Millions in Claims
- Facebook, Google CEOs Suggest How to Reform Internet Immunity Law
- Treasury Secretary Yellen Says ‘Systemic’ Tag May Not be Right for Asset Managers
- Washington Commissioner Asking Insurers to Craft Consent Policies with Tribes
- Washington Insurance Commissioner’s Move to Ban Credit Scoring Getting Mixed Reviews
- California Landscaper Arraigned in Alleged Workers’ Comp Scam
- Insurer CNA Reports It Has Been Hit by ‘Sophisticated’ Cyber Attack
- Insurtech Root Hit With Shareholder Lawsuit Alleging Negligence, Omissions in IPO Filing
- Railcar Carrying Molasses Explodes in Minnesota
- Arkansas Governor Vetoes Bill to Refund Businesses’ Coronavirus Fines
- Central Texas Town Hit Hard by Spring Storms
- Canada’s Constellation Insurance to Acquire Ohio National for $1 Billion
- Authorities Working to Free Giant Stranded Container Ship Blocking Suez Canal
- California Wildfire Sparked When Tree Hit Power Line, Report Shows
- Insurance Broker Acrisure Raises $3.45 Billion
- People Moves: MEMIC’s Langlois, Merchants’ Makey Promoted; Camerino from Everest Re to Buckle
- Two Workers Injured in 30-Foot Fall Off Slippery Roof in Massachusetts
- Report Fuels More Debate on Connecticut Utility’s Storm Response
- People Moves: Carpenter’s Sicard to New Dawn; RFIB’s Stratton to Corant; Saul to BMS; Miller Hires
- Industry Loss Reserves Redundant by $28 Billion: Assured Research
- AstraZeneca to Publish Full COVID-19 Vaccine Clinical Trial Results on Efficacy
- Boston Scientific Settles States’ Surgical Mesh Device Marketing Claims for $189M
- AIA Group to Buy Life Insurance Business of Bank of East Asia
- Britain Proposes Requiring Large Firms to Disclose Climate Financial Risks by 2022
- Arthur J. Gallagher Acquires R&R Benefits/Risk Management in Indiana
- Data: Florida’s Texting-While-Driving Law Rarely Enforced
- South Carolina Lawmakers Look to Combat Catalytic Converter Theft
- Nashville Approves $2.25M Settlement in Fatal Shooting by Officer
- Reporters Without Borders Sues Facebook in France over Hate Speech, False Information
- Lloyd’s Launches Parametric Earthquake Insurance Policy in New Zealand
- Texas Windstorm Insurer Plans for $4B in Funding for Hurricane Season
- Century Risk Advisors of Florida Names Lo Director of Marketing
- Judge: No Dismissal of Ammo Seller from Suit over Texas School Shooting
- Helicopter Crash Exposes Deadly Loophole for Aerial Sightseeing
- British Report Says London Joining EU Financial Services Market May Not Be Worth It
- RICO Suit against Colorado Cannabis Firms Highlights D&O Dearth
- California High Court Affirms Consumer Rights to Dispute Insurance Rates
- Groups Pushing Auto Insurance Reform to ‘End Discrimination Against Lower-Wage Californians’
- Spanish Bank Bankinter to Spin Off Its P/C Insurance Unit Linea Directa
- McKinsey Settles with Nevada for $45M over Opioid Crisis Role
- Crews Remove 3rd Giant Piece of Shipwreck off Georgia Coast
- Property Damage, Arrests Lead to Crack Down On Spring Break Partying in Miami Beach
- FEMA Allocates Additional $22M for Hurricane Laura Recovery in Louisiana
- Texas Forest Service: Southern Plains Wildfire Outbreak Possible this Spring
- Farmers Insurance Now Offering Direct-to-Consumer Policies in Louisiana
- Steinhoff International’s Insurers Agree to Pay $93 Million for Directors’ Liability Claims
- Northern California City Settles for $3.25M in Police Killing
- 82 Homes Impacted by Hawaii Rain and Flooding
- New Mexico Lawmakers Aim to Address Rising Costs of Child-Abuse Settlements
- World’s 1st Catastrophe Bond for Volcanic Eruptions Aims to Improve Disaster Relief
- Derwart Named Deputy Commissioner of the Maryland Insurance Administration
- The Hartford Rejects Chubb’s $23 Billion Buyout Offer
- New York Regulator Issues Second Enforcement Action Under Cyber Rules
- N.H. Supreme Finds ‘Special Relationship,’ Affirms Jury Award Against Insurance Agency
- U.S. Oversight Board Questions AstraZeneca’s COVID-19 Vaccine Data
- Insurer Tokio Marine Expects No Material Impact on 2021 Results from Greensill Collapse
- Swiss Cyber Security Firm Says It Accessed Servers of a SolarWinds Hacking Group
- Central Europe Could Face Megadroughts as Climate Change Hits
- UFG Insurance to Diversify Risk Profile by Expanding into Reinsurance Across U.S.
- $0 to $100M in 3 Years: Fast-Growing Work Comp Provider Sees Bright Future Ahead
- Midwest People Moves: Kapnick, J.M. Wilson
- California County Adding Artificial Intelligence for Wildfires
- The Inflation Specter Looms for Property/Casualty Insurers
- North Carolina Insurers Request Increases on Mobile Home Policy Rates
- Belisle Joins McGriff’s Executive Risk Advisors Group
- Allianz Partners Adds Epidemic Coverage to Travel Insurance Products
- South Carolina Gov. Appoints State’s First Chief Resilience Officer
- Colorado Workers’ Comp Carrier Distributing Dividends to 53K Companies
- Supreme Court Nixes Facebook Bid to Curtail $15B Class Action Over User Tracking
- Southeast Storms Spawned EF2 Tornadoes in Alabama, Miss., EF1 in Georgia
- Climate Change Could Cut 63 Countries’ Credit Ratings by 2030: University Study
- Wisconsin Issues Wildfire Warning After 30-Plus Weekend Blazes
- ‘Forever Chemicals’ in 60 Closed Minnesota Landfills Contaminating Groundwater
- Japanese Carmakers Assess Effect on Supply Chain of Renesas Chip Plant Fire
- Bernhard Capital Forges Partnership with Louisiana’s Gray Casualty & Surety
- Lloyd’s Insurer AEGIS London Moves to New Office
- India Increases Limit on Foreign Direct Investment in Insurance Companies
- Man Admits Ransomware Plot Against Tesla in Nevada
- $3.2M in Damage from California Fireworks Explosion
- New Mexico Court Upheld Damages Cap in Medical Malpractice
- Insurance Technology: InsurTech NY Winners; $3M in GloveBox; Hippo’s Claims Partners; AXIS-Elpha Cyber Service
- Pennsylvania’s Bedivere Insurance Company to Be Liquidated
- Massachusetts Seeks Input on Use of Gas Explosions Settlement Money
- Two Arrested After Fire in Vermont Hotel Room That Injured Woman
- Greensill Capital Collapse Exposes Less-Than-Adequate Technological Capabilities
- Biden Administration Warns Firms to Quit Aiding Nord Stream 2 Pipeline
- Insurance Council of Australia Declares Catastrophe for Parts of New South Wales
- Australia Battered by Worst Flooding in 60 Years
- Indiana Fines Utility $1.1M for Pipeline Safety Violations
- Texas Bills Address Workers’ Comp, Other Protections for First Responders
- Apple Says It Will Appeal $309M Jury Verdict Over Patent Infringement
- Scientists Say Advanced Nuclear Reactors Not Safer Than Conventional Plants
- American Family Rolls Out Rewards Program for Infrequent Drivers in Arizona
- Florida Man Sentenced to 3 Years for Lying About Hurricane Irma Damage
- Amwins Launches Alarm Contractors Program
- Florida to Hold Hearing on Proposed National Specialty 24.9% Rate Increase
- One Month Later, Boil Water Advisory Lifted for Jackson, Mississippi Residents
- San Antonio Hotel Accused of Price-Gouging in Storm
- Former Kansas Insurance Agent Sentenced in Fraud Case
- IICF Gala Went on Despite Pandemic, USC Risk Management Program Honored
- Chubb Bids for Significant Scale Including The Hartford’s ‘Crown Jewel’
- Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb
- Storms Leave Trail of Damage Across Deep South
- Arkansas AG: Scammers Targeting Professional License Holders
- Texas House Panel Advances Bill Requiring Power Plants to Prep for Extreme Weather
- Feds Investigating Tesla/Police Cruiser Crash in Michigan
- Alera Group Acquires Michigan’s Specialized Insurance Services Agency
- Trinity Healthshare to Stop Operating in Iowa After ‘Unauthorized Insurer’ Charges
- School Bus Crash Leads to Arrest, Insurance Fraud Charges in Louisiana
- Officials Say Oregon Dam Could Fail in Large Earthquake
- California Lawsuit Says Deputies Shared Grisly Bryant Photos
- California Attorney General Challenges Housing Plans in Wildfire Areas
- Safety Agency Has 23 Active Tesla Crash Investigations
- Seresto Defends Flea, Tick Collars for Dogs As Safe Amid Calls for Recall
- The Massachusetts Bay Transportation Authority to Conduct Safety Inspections
- Stateline Insurance & Financial Services Joins Thompson Insurance Group
- Reinsurance Rendez-Vous de Septembre Canceled Again – on Pandemic Concerns
- Zurich Debuts Global Business Unit Focused on Evolving Risks
- AM Best Signs Up to UN Principles for Sustainable Insurance, in Ratings Agency First
- Lawmakers Look to Spruce Up Gig Work Rather Than Replace It
- Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion
- UK Broker Specialist Risk Group Lures Team of 16 from AFL, Led by Ex-AFL CEO Bines
- Greensill Capital Creditors, Led by Softbank, Submit More Than $1.4 Billion in Claims
- Tokio Marine Faces Larger-Than-Expected Exposure to Greensill Capital Meltdown
- $8M Jury Award in ‘Walking Dead’ Stuntman’s Death Tossed Out by Court
- Citizens’ CEO: Florida Property Insurance Market is Shutting Down
- The Liberty Company Insurance Brokers Adds Kaiser, English in California
- ShoreOne Appoints Hoover as CMO to Lead Coastal State Expansion Effort
- Securities, Commodities, Insurance Regulators Face Climate Issues
- Chubb Explores Acquisition of $22 Billion Rival Hartford: Bloomberg
- North Carolina Man Charged with Insurance Fraud in Wreck Scheme
- Applied Underwriters Acquires Florida Casualty Insurance Co.
- More Fallout from February Blackouts: Last Texas Power Regulator Resigns
- Illinois Court: Suit Against MLB over Wrigley Field Foul Ball Injury Can Proceed
- Wisconsin’s Society Insurance to Enter Texas Hospitality Market
- Severe Storms Across Southeast Bring Tornadoes, NWS Warns of More Outbreaks
- Oakland Spent $13.4 Million on Ghost Ship Legal Defense
- 90% of California Can Dine Indoors, Go to Movies, Gym
- Inmate Suits Blame California Corrections for Spreading Virus
- South Korea Defends Mandatory COVID Testing of Foreign Workers
- Britain Says Financial Services Agreement With EU Should Come Soon
- Employment Practices Insurance in Age of COVID, Vaccines, Shutdowns and Hard Market
- Amazon Begins Offering Its Virtual Health, Pharmacy Services to Other Businesses
- Munich Re’s Transportation, Logistics Specialty Broker Roanoke Expands to Canada
- $1.9M Available to Help Vermont Public Schools Meet Stormwater Rule
- Buffalo Public Schools Hit by Ransomware Attack
- Pennsylvania Cheerleader’s Mom Accused of Making ‘Deepfakes’ of Rivals
- EU Threatens to Ban COVID Vaccine Exports to Britain
- Assessing Delegated Underwriting Authorities, MGAs: AM Best Explains
- Swiss Re Corporate Solutions, Coalition Sign Multiyear Cyber Coverage Agreement
- Former Michigan Agent Sentenced for Embezzling from Client; Must Repay $70K
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