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Federal Disaster Aid Approved for Oklahoma Winter Storm Recovery

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 …

Workplace Fatalities Increased By 25% in Texas in 2019

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 …

Ryan Specialty’s Renewables MGU Forms Partnership with Generali

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 …

Mauritius Oil Spill Disaster Caused by Lack of Safety Awareness, Admits Shipowner

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 …

Small Businesses, Lacking Legal Immunity, Fear COVID-19 Liability Lawsuits

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 …

Kilauea Volcano Erupting on Hawaii’s Big Island

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 …

Sompo Acquiring W. Brown & Associates in California

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 …

California COVID-19 Workers’ Comp Claim Volume Trending up Again

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 …

Brown & Brown Agrees to Acquire Irish Broker O’Leary Insurances

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 …

New Group Launched for Senior Claims Managers in London Insurance Market

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 …

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