January 27, 2021
The coronavirus pandemic and the derecho windstorm helped to boost the number of consumer complaints filed with the state attorney general’s office last year. Scammers took advantage of a confusing and chaotic 2020, as complaints to the Iowa Attorney General’s …
January 27, 2021
Joe Biden’s first year in office could go down in history as a record-breaker on the job-creation front, with an explosion in hiring expected as the coronavirus vaccine rollout allows Americans to emerge from a year in hiding. It may …
January 27, 2021
Automobile insurance provider, Bluefire Insurance, has expanded its presence into Illinois. With the addition of Illinois, Bluefire, an Irving, Texas-based managing general agency, now offers coverage in eight states, with more states to be added in the coming months, the …
January 27, 2021
Through the end 2020 property/casualty insurers have paid or reserved $7.7 billion on claims of all types in Louisiana through the end of 2020 from Hurricanes Laura, Delta and Zeta, the state insurance department reported. This data represents the first …
January 27, 2021
Seattle has joined other cities in approving extra pay for grocery store workers during the COVID-19 pandemic. The City Council on this week approved legislation requiring large groceries to pay an extra $4 an hour in hazard pay. The Seattle …
January 27, 2021
European regulators need to overhaul their capital rules to free up insurers to invest more in climate-friendly infrastructure projects, the chief executive of German insurer Allianz said on Wednesday. “Today, the regulatory framework we have in Europe has actually disincentivised …
January 27, 2021
Southern California Edison will pay $2.2 billion to settle insurance claims from a deadly, destructive wildfire sparked by its equipment in 2018, the utility announced this week. Edison, which acknowledged no wrongdoing, said the agreement covers all claims in pending …
January 27, 2021
AstraZeneca PLC was sued by a pension fund on behalf of investors who it says suffered losses because of flaws in the company’s testing of its coronavirus vaccine. For much of last year, the Cambridge, England-based pharmaceutical company was touting …
January 27, 2021
The parents of an autistic Maryland teenager who died in class after choking on a glove have filed a lawsuit against school officials, saying negligence led to their son’s death. Bryan and Tanya Levy, the parents of 17-year-old Bowen Levy, …
January 27, 2021
The Beacon Mutual Insurance Company has named Gregg Tumeinski as chief financial officer (CFO). Tumeinski will succeed Cynthia Lawlor, who is retiring after more than 28 years at the Rhode Island workers’ compensation insurer. As CFO at Beacon, Tumeinski will …