November 6, 2020
Insurors of Tennessee has named Representative Ron Travis as the new CEO for the organization, effective Nov. 16, 2020. Travis (R-Dayton) is a state representative for District 31 (Bledsoe, Rhea, Sequatchie and part of Roane Counties) and has more than …
November 6, 2020
TEGUCIGALPA, Honduras – Eta is moving over Honduras as a weakened tropical depression but still bringing the heavy rains that have caused deadly landslides while drenching the country’s east and the north of neighboring Nicaragua. The storm no longer carried …
November 6, 2020
Florida voters on Tuesday approved raising the state’s minimum wage to $15 an hour over the next six years, which advocates say will lift the pay for hundreds of thousands of workers in the state’s service-heavy economy. A supermajority of …
November 6, 2020
Apple Inc has been ordered to face a proposed class-action lawsuit by shareholders who accused Chief Executive Tim Cook of concealing falling demand for iPhones in China, resulting in billions of dollars of investor losses. In a decision on Wednesday, …
November 6, 2020
Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. Marsh said the jump was the largest since launching …
November 6, 2020
German insurer Allianz on Friday declined to provide a forecast for 2020 given uncertainty around the COVID-19 pandemic, despite delivering an unexpected 6% rise in third-quarter net profit. Allianz, like other insurers, has warned about the impact of clients making …
November 6, 2020
An assistant chief of police in Kauai settled a lawsuit against his department and Kauai County for $1.84 million. Mark Begley sued the county and the Kauai Police Department in 2016, alleging he was harassed and retaliated against by former …
November 5, 2020
Local governments are increasingly taking it upon themselves to address climate change. Denver voters on election day passed Measure 2A, which would raise city sales tax by 0.25% starting in January with the goal of reducing the city’s climate footprint, …
November 5, 2020
California Insurance Commissioner Ricardo Lara on Thursday announced a mandatory one-year moratorium on insurance companies non-renewing or cancelling residential property insurance policies, a move he says is aimed at helping 2.1 million policyholders affected to date by the record 2020 …
November 5, 2020
RSA is in talks with a consortium of Canadian insurer Intact Financial and Danish insurer Tryg about a possible break-up deal that values the British firm at about 7.2 billion pounds ($9.46 billion). RSA said its board would be minded …