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Louisiana Businesses Back ‘Stay Home, Safe at Work’ Approach

A 16-page set of recommendations for safely re-opening a Louisiana economy staggered by the fight against the new coronavirus was released on April 22 by state business interests as Gov. John Bel Edwards weighed his next move. Louisiana’s current stay-at-home …

Update: At Least 7 Dead After Storms in Oklahoma, Texas and Louisiana

Severe weather moved through the South on April 23 after killing at least seven people in Oklahoma, Texas and Louisiana, including a worker at a factory hit by an apparent tornado, a man whose car was blown off the road …

XPT Specialty Acquires Texas MGA, LP Risk

XPT Partners LLC has acquired Texas-based LP Risk Inc., a full service managing general agency (MGA) and surplus lines broker with a wide range of commercial property/casualty coverages distributed to retail agents through in-house and brokerage markets. Led by Landon …

Some of World’s Largest Companies Warn About Security of Zoom Conferencing App

Some of the world’s largest companies have advised against the use of Zoom Video Communications Inc.’s conferencing app, fueling a growing backlash against a service that shot to prominence during the Covid-19 pandemic. Daimler AG, Ericsson AB and NXP Semiconductors …

K2 Insurance Agrees to Acquire Pioneer Underwriters’ Portfolio

Pioneer Underwriters, the managing general agency, and K2 Insurance Services LLC, the specialty insurance services holding company, announced they have signed terms for a portfolio transfer, to facilitate K2’s purchase of Pioneer. Under the transaction, Pioneer’s ongoing underwriting portfolio, together …

Alaska Native Group Sues Neiman Marcus Over Coat Design

An Alaska Native cultural organization is suing luxury retailer Neiman Marcus, saying the company violated copyright and American Indian arts protection laws in selling a knit coat with a geometric design borrowed from indigenous culture. In the lawsuit filed this …

Randall & Quilter Completes Loss Portfolio Transfer with Repwest in Arizona

Randall & Quilter Investment Holdings Ltd. announced it has entered into a loss portfolio transfer reinsurance contract and a transfer agreement with Repwest Insurance Co. Repwest is based in Phoenix Ariz., and is a wholly owned subsidiary company of AMERCO. …

Former XFL Commissioner Sues Claiming Wrongful Termination

Former XFL Commissioner Oliver Luck has filed a federal lawsuit claiming he was wrongfully fired by league owner Vince McMahon just before the professional football league shut its doors. The lawsuit, filed last week in Connecticut, alleges the commissioner received …

Court Approves GM’s $120M Ignition Switch Lost Value Claims Settlement with Owners

General Motors Co. on Thursday won preliminary U.S. court approval of a $120 million settlement with owners who said defective ignition switches caused their vehicles to lose value. U.S. District Judge Jesse Furman in Manhattan granted approval at a hearing …

Parents of UConn Student Settle Wrongful Death Lawsuit for $1M

The parents of a University of Connecticut student who was run over and killed by a campus fire department truck in 2016 have settled a wrongful death lawsuit against the state and other defendants for about $1 million, according to …

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