Monthly Archives: <span>July 2020</span>

Russian Regulator Seeks $2B in Damages from Nornickel for Arctic Fuel Spill

Russia’s environmental watchdog has asked a power subsidiary of Russian mining giant Norilsk Nickel (Nornickel) to pay almost 148 billion roubles ($2 billion) in damages over an Arctic fuel spill in Siberia. Rosprirodnadzor said in a statement on Monday that …

COVID-19 Business Immunity Proposal Flounders in Tennessee

Just a few weeks ago, Tennessee looked like a sure bet to become the latest state to protect businesses and other organizations from lawsuits by people impacted by the coronavirus in the push to reopen the economy. Republican Gov. Bill …

Health Insurer Centene to Develop $1B North Carolina Regional Hub, Create 3,200 Jobs

Government health insurance provider Centene Corp. said on Wednesday it will build an East Coast campus in Charlotte, North Carolina, developing a $1 billion construction project that’s expected to create more than 3,200 new jobs by 2032. Gov. Roy Cooper …

Sunstar Insurance of Tennessee Completes Recapitalization with BBH Capital Partners

Sunstar Insurance Group, LLC has completed a majority recapitalization with BBH Capital Partners (BBHCP), the private equity strategy of Brown Brothers Harriman & Co. (BBH). Terms of the transaction were not disclosed. As part of the transaction, Sunstar management and …

101 Ways Coronavirus Crisis Has Changed P/C Insurance Pros’ View of Their Job. Or Not.

Has the coronavirus experience changed how property/casualty insurance professionals view their jobs? Yes and no. The biggest change is that many in the industry learned they can do their job from home, and most, although not all, like that. That’s …

Texas Leaders Warn of Hospital Limits, Ask for Lockdowns Amid Virus Surge

Leaders in two of Texas’ biggest cities are calling on the governor to empower local governments to order residents to stay home as the state’s continued surge in coronavirus cases tests hospital capacity. Austin Mayor Steve Adler told CNN’s “State …

Forest Service Orders Colorado Train to Halt Wildfire Mitigation

The U.S. Forest Service shut down an extensive fire mitigation project after raising concerns about the number of trees being cut down and sold to a logging company in southwestern Colorado. The Durango & Silverton Narrow Gauge Railroad completed eight …

Mississippi Pauses State Reopening Process After Surge of COVID Cases

Mississippi Gov. Tate Reeves said Wednesday the state is pausing its efforts to reopen the economy after a recent surge in new reported coronavirus cases. “Things are getting worse, not better,” Reeves said at a news briefing. Mississippi reported a …

North Carolina Lt. Gov Sues Cooper Over COVID-19 Business Restrictions

North Carolina Lt. Gov. Dan Forest has filed his lawsuit challenging Gov. Roy Cooper’s decisions to shutter businesses during the COVID-19 pandemic without getting the backing of other elected officials. Forest officially sued the Democratic governor in Wake Superior Court …

Nored to Lead New Texas Health Insurance Market Monitoring Team

A new team at the Texas Department of Insurance has been established to identify and quickly resolve issues involving health insurers in the state. Michael Nored, previously special counsel to the commissioner, was tapped to head the new Health Market …