December 22, 2020
Federal disaster assistance has been made available to the state of Oklahoma to supplement state, tribal and local recovery efforts in the areas affected by severe winter storms from Oct. 26-29, 2020, according to FEMA. Federal funding also is available …
December 22, 2020
The number of work-related fatalities in Texas rose by 25% in 2019. A report on fatal occupational injuries in 2019 released by the Texas Department of Insurance, Division of Workers’ Compensation (DWC) shows there were 608 workplace fatalities in private …
December 22, 2020
Power Energy Risk (PERse), the largest U.S.-based renewable energy managing general underwriter and a part of Ryan Specialty Group (RSG), has formed a strategic partnership with Generali’s P/C division Global Corporate & Commercial UK. The agreement aims at addressing renewables-related …
December 22, 2020
TOKYO — Japan’s Nagashiki Shipping said on Friday [Dec. 18] the grounding of one of its large bulk carriers that caused an ecological disaster in Mauritius was due to a lack of safety awareness and a failure to follow rules …
December 22, 2020
Plans for a lawsuit against a Maine venue that hosted what became a “superspreader” wedding reception underscore the liability risks to small businesses amid the coronavirus pandemic and an uphill push by Republicans in Congress to give such outfits legal …
December 22, 2020
The Kilauea volcano on Hawaii’s Big Island has erupted, the U.S. Geological Survey said. The eruption began late Sunday within the within Halema’uma’u crater. The volcano is located within Hawaii Volcanoes National Park. A magnitude 4.4 earthquake hit about an …
December 22, 2020
Sompo International Holdings Ltd. has acquired W. Brown & Associates Insurance Services in Irvine, Calif. Brown has been a managing general underwriter for Sompo International since 2016. The W. Brown operations will remain intact, leveraging the MGU’s management and underwriting …
December 22, 2020
California workers’ comp COVID-19 monthly claim volume, which fell sharply in August and September, is now trending up again, climbing 9.0% in October, then more than doubling in November, according to a California Workers’ Compensation Institute. The CWCI reviewed claims …
December 22, 2020
Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire the general insurance operating companies of O’Leary Insurances (OLI) in Ireland. The transaction is expected to close in January 2021, subject to …
December 22, 2020
A new group for senior claims managers in the London insurance market has been established by the International Underwriting Association (IUA). The Claims Strategy Committee will oversee and coordinate all claims-related issues discussed by companies. It has been set up …