April 3, 2020
Maine Governor Janet Mills requested a federal disaster declaration Wednesday as the state recorded two more COVID-19 deaths, dozens more people tested positive, and the start of a “stay-at-home” order neared. If approved, the declaration would open the door to …
April 3, 2020
Sayata Labs has announced two new hires to boost its on-the-ground capabilities. Valorie Owens will serve as U.S. business development manager, and Ben Goldfien will serve as insurance operations manager. They will both report to recent hire and former Beazley …
April 3, 2020
BMS Group, the independent specialist re/insurance broker, announced the conclusion of a preferred partner agreement with the new wholesale and specialty broker Tagus Specialty in Portugal. An ambitious production plan has been developed that will see BMS teams in London …
April 3, 2020
Fitch Ratings has placed Lloyd’s of London’s ‘AA-‘ Insurer Financial Strength (IFS) ratings on rating watch negative, on the uncertainty and increased risk to Lloyd’s earnings and underwriting performance due to claims from the COVID-19 pandemic. The negative rating watch …
April 3, 2020
When hackers broke into computers at Hammersmith Medicines Research, a London-based company that carries out clinical trials for new medicines, it was a nightmare scenario for managing director Malcolm Boyce. The coronavirus crisis was just beginning to take hold in …
April 3, 2020
North Carolina Insurance Commissioner Mike Causey has activated an emergency declaration that gives policyholders in all 100 counties the option to defer insurance premium payments should they need to do so. The order was activated March 27 as a result …
April 3, 2020
A Bellevue, Washington, dentist was accused of using lighter fluid and accelerant to set fires in his exam and X-ray rooms after being evicted from his office for failing to pay rent, King County prosecutors said. Mohammad “Matt” Rafie, 53, …
April 3, 2020
Workers’ compensation insurer Third Coast Underwriters (3CU) has promoted Peter Vaughn to director, Insurance Operations, and Mike Altman to regional director, Business Development. Vaughn and Altman are based at 3CU’s headquarters in Chicago. Vaughn brings 22 years of complex claim …
April 3, 2020
The long-awaited Demotech rating decisions for Florida domestic carriers are in, with many carriers having satisfied necessary steps to avoid ratings downgrades by the financial analysis firm. After affirming a slew of companies in mid-March, Demotech announced April 2 that …
April 3, 2020
Bloomington, Ind.-based senior living community operator Heart of CarDon LLC has been sued by the U.S. Equal Employment Opportunity Commission (EEOC) by refusing to accommodate a qualified employee with a disability, which resulted in the employee losing her job. According …