June 23, 2021
Extreme weather events and shortage of labor and materials for repairs will push property insurance rates higher in the next several years, the chief executive of U.S. home insurer Hippo said on Tuesday. As homeowners stayed home during the pandemic, …
June 22, 2021
Specialist insurer Beazley is now offering the telehealth sector a new tool designed to help navigate the complex digital health regulatory landscape. In partnership with law firm BakerHostetler, specialist insurer Beazley has created a multi-layered interactive digital map that provides …
June 22, 2021
Federal regulators have brought a complaint against a zinc mining company, claiming that an employee in Tennessee was illegally fired for making safety complaints about the mine. U.S. Secretary of Labor Marty Walsh filed the complaint earlier this month with …
June 22, 2021
A task force has been formed with the aim of saving the main highway on North Carolina’s Outer Banks from storms, erosion and sea level rise. The Virginian-Pilot reported last week that the task force will focus on protecting seven …
June 22, 2021
These international People Moves include recent appointments at Howden Australia, which hired three people from Marsh; a new hire at Strategic Risk Solutions in Luxembourg and a promotion at Liberty Specialty Markets in London. A summary of these new hires …
June 22, 2021
An Oklahoma City physician has paid more than $300,000 to settle civil penalty claims related drug abuse prevention and control laws, the U.S. Attorney’s Office for the Western District of Oklahoma reported. Albert T. Nguyen, M.D., paid $325,000 to settle …
June 22, 2021
A tornado damaged several buildings and knocked down power lines and trees in eastern Iowa Sunday night; a tornado near the Ohio-Indiana border damaged houses and other structures; and several parts of Missouri were cleaning up Monday after strong overnight …
June 22, 2021
Mercury Insurance has made its usage-based insurance app, MercuryGO, available to drivers in Oklahoma. The app acts as a virtual driving coach, providing skill scores that give real-time feedback about driving behavior, the company said. Mercury auto insurance policyholders who …
June 22, 2021
Several Indiana cities have opted out of the state’s pending lawsuits against opioid manufacturers and distributors, reasoning that they will likely see more cash from their own litigation filed in response to the nation’s opioid epidemic. The suburban Indianapolis cities …
June 22, 2021
AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” (Excellent) from “bbb+” (Good) of Illinois Casualty Co. (ICC), based in Rock Island, Illinois. Concurrently, AM …