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Despite COVID, Comp Claims and Severity Declined in 2020, NCCI Says

The disease known as COVID-19 may have caused wrenching changes around the world, but its effects on workers’ compensation claims were relatively minor in 2020, the National Council on Compensation Insurance said in a new report. Overall claim frequency, including …

Insurance Technology: Chubb Enhances Cyber; Sompo Teams with Praedicat; Willis, CodeEast Eye Product; FMl Adds Home Help

Chubb Enhances Cyber Risk Service Offerings Chubb has expanded its cyber risk service offerings to further support all commercial clients in reducing exposures and mitigating potential losses. Russ Cohen, vice president, Cyber & Technology Practice Leader, Chubb Global Risk Advisors, …

Nebraska Garage Fire Destroys More than $1 Million in Vintage Cars, Motorcycles

A garage fire near Denton, Nebraska has caused more than $1 million in damage to several classic cars and motorcycles. The Lincoln Journal Star reports that the fire broke out Saturday, Nov. 27 in a detached garage. Lancaster County Sheriff …

People Moves: Lockton Names Roberts COO of Midwest Operations; Alliant Hires Healey

Lockton Names Brian Roberts COO of Midwest operations Lockton, a privately held insurance brokerage, has named Brian Roberts chief operating officer of its Midwest operations. As COO, Roberts will be responsible for operations and business development for Lockton’s regional hub, …

People Moves: Risk Strategies Appoints Lyons National Education Practice Leader; Waypoint Wholesale Names Nickoles CEO

Risk Strategies Appoints Terry Lyons National Education Practice Leader Risk Strategies, a leading national specialty insurance brokerage and risk management firm, announced that Terry Lyons has been appointed as the National Education Practice Leader. In this role, Lyons will develop …

Brightway, Guard Expand in Southeast States

Two insurance companies announced new and expanded operations in the Southeast, including Florida, Mississippi and North Carolina. Berkshire Hathaway’s Guard Insurance now offers commercial property coverage up to $120 million per property in North Carolina, the company said in a …

Judge Tosses $10B Advertising Bias Lawsuit Against McDonald’s for Insufficient Evidence

A U.S. judge has dismissed a $10 billion lawsuit against McDonald’s Corp. by the media entrepreneur Byron Allen, who accused the fast-food chain of racial discrimination for not advertising with Black-owned media. U.S. District Judge Fernando Olguin in Los Angeles …

Amazon’s New FleetWise Transfers Vehicle Data to Cloud to Aid Safety, Design

Amazon Web Services has launched a new cloud-based data service that could help automakers remotely diagnose issues in their vehicles to prevent recalls and improve safety, as well as manage related data, the company told Reuters. Called AWS IoT FleetWise, …

Ryan Specialty Acquires Crouse and Associates in California

Ryan Specialty Group acquired transportation specialist Crouse and Associates in San Francisco, California. The Crouse team is now a part of RT Specialty, the wholesale brokerage division of Ryan Specialty. Crouse has additional offices throughout California and Oregon as well …

Risk Strategies Acquires New Jersey’s KRA Insurance Agency

Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired full-service brokerage firm KRA Insurance Agency Inc. Included in the transaction is KRA’s wholly owned subsidiary, KRA Life Agency Inc. Terms of the deal were not announced. …

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