October 23, 2020
Democratic Kansas Gov. Laura Kelly is again calling for a statewide mask mandate as the coronavirus case count continues to climb in rural parts of the state that don’t require them. Kelly said that two-thirds of the state’s COVID-19 cases …
October 23, 2020
Environmental groups asked a federal court on Oct. 21 to throw out the Trump administration’s assessment of oil and gas activity’s likely effects on endangered species in the Gulf of Mexico, saying it dismisses the chance of another disastrous blowout …
October 23, 2020
The former president of Blue Bell Creameries has been charged with wire fraud for allegedly trying to cover up a 2015 listeria outbreak linked to the company‘s ice cream that killed three people in Kansas and sickened several others, federal …
October 23, 2020
Brooke Miano with Brown & Brown of Illinois in Naperville, Ill., has been presented with the Independent Insurance Agents of Illinois (IIA of IL) Agent of the Year Award during the association’s annual convention, held virtually. The Agent of the …
October 23, 2020
American International Group Inc. settled a case involving cross-border transactions the government claimed amounted to improper tax shelters. The insurer agreed to pay a 10% penalty and disallow more than $400 million in foreign tax credits as part of the …
October 23, 2020
The U.S. auto safety regulator said on Thursday it was closely watching Tesla Inc.’s release of a software version intended to allow its cars to drive themselves, saying it stood ready to protect the public against safety risks. Tesla on …
October 23, 2020
Swiss Re Capital Markets has successfully structured and placed the issuance of USD $775 million of insurance-linked securities by Ursa Re II Ltd. to be used for the protection of the California Earthquake Authority. CEA reports more than 1 million …
October 23, 2020
As the pandemic and rising insurance costs fuel greater interest by large firms in creating captive insurance organizations, the Internal Revenue Service continues to question small captive operations that it has long argued are tax avoidance vehicles and not valid …
October 23, 2020
Sarasota, Fla.-based property and casualty insurer FCCI Insurance Group (FCCI) has written its first policy in Pennsylvania with the agency Babb Inc. This comes as September 2020 marks FCCI’s first month of operation in the state and reflects the company’s …
October 23, 2020
Italy’s tax police raided the offices of state railway Ferrovie dello Stato (FS) and Generali to gather documents in a probe related to the awarding of contracts to the Italian insurer, a document seen by Reuters on Friday showed. A …