November 16, 2020
Medical costs of German COVID-19 patients who have left hospitals are on average 50% higher than before they were admitted, data from a major insurer showed, a sign that even those who have recovered struggle to regain full health. The …
November 16, 2020
AXA SA was ordered to pay tens of millions of euros in back taxes last year after French fiscal authorities deemed a Luxembourg-based structure was improperly used to avoid tax payments in France, Mediapart reported on Sunday. French fiscal authorities …
November 16, 2020
Flooding from heavy rains across North Carolina prompted Gov. Roy Cooper to declare a state of emergency on Friday as searchers looked for a 1-year-old and an adult who disappeared when high water swept through a campground. In addition to …
November 16, 2020
Lockton has added Casey Stine as a vice president and Business Development consultant for the firm’s Midwest Series. Stine, who has nearly a decade of experience in employee benefits and corporate human resource consulting, is located in the firm’s St. …
November 16, 2020
Ball Insurance Services (Ball Insurance) of Northwest Indiana has been acquired by World Insurance Associates LLC. Ball Insurance, based in Merrillville, Ind., is a property/casualty-focused agency, specializing in auto and motorcycle insurance. The agency has been in business since 1962. …
November 16, 2020
General Motors Co. said on Friday it was recalling 68,677 electric cars worldwide that pose a fire risk after five reported fires and two minor injuries. The recall is for 2017-2019 model year Chevrolet Bolt EVs with high voltage batteries …
November 16, 2020
Affiliating with The Institutes provides an opportunity for the industry’s Insurance Information Institute (III) to become more of a 21st Century trade association, rather than one suited for the 1950s, according to the III executive behind the move. III CEO …
November 16, 2020
McDonald’s Corp. will inspect all its U.S. restaurants to ensure compliance with safety standards as coronavirus cases surge again and “COVID fatigue” sets in, according to an internal note seen by Reuters on Friday. “It is apparent we are entering …
November 16, 2020
The Texas Department of Insurance (TDI) has approved the request by the Texas Automobile Insurance Plan Association (TAIPA) for a 4.8% increase in commercial auto rates, with an effective date of March 1, 2021. TAIPA members include all insurers authorized …
November 16, 2020
Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group, a national property insurer, have created TRUE, a reciprocal insurance company to protect homeowners in coastal states. TRUE (Trusted Resource Underwriters Exchange) is domiciled in …