September 15, 2020
Passaic County in New Jersey is not in the hurricane belt nor is it on the banks of a major river, and yet 810 properties there received $170 million of taxpayer money through the National Flood Insurance Program (NFIP) since …
September 15, 2020
Killdeer City, N.D., Administrator Matt Oase can’t help but notice that the community’s population is not what it was six months ago, and wonder what that might mean for the 2020 census count. Apartment complexes are advertising move-in specials such …
September 15, 2020
A healthcare system in Shreveport, Louisiana, has been cited by federal workplace safety officials for failing to protect employees from coronavirus exposure. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited Christus Shreveport-Bossier Health System for failing …
September 15, 2020
OneBeacon Insurance Group said it has acquired International Bond & Marine Brokerage, Ltd., a privately held brokerage and risk management firm specializing in the international trade markets. IB&M will retain its brand and operate as a standalone brokerage, offering customs …
September 15, 2020
Associated Agencies Inc., a privately held insurance and risk management firm based in Rolling Meadows, Ill., has acquired Bensman Risk Management Inc. and Bensman Associates Ltd. (The Bensman Group), a Bannockburn, Ill.-based insurance, risk management and strategic planning firm led …
September 15, 2020
A Lafayette Parish, Louisiana, insurance producer has been issued a cease and desist order, a license revocation, summary suspension and a fine for allegedly misappropriating premium funds, according to the Louisiana Department of Insurance (LDI). Matthew Sias, a property/casualty producer …
September 15, 2020
A month-old northern Colorado wildfire has destroyed 25 residential buildings and a total of 54 structures, the Larimer County Sheriff’s Office says. The fire near Red Feather Lakes has burned 160 square miles and was 4% contained but hasn’t grown …
September 15, 2020
Relief from putrid, dangerous air spewing from massive wildfires across the West won’t come until later in the week or beyond, scientists and forecasters say, and the hazy and gunk-filled skies might stick around for even longer. People in Oregon, …
September 15, 2020
The Financial Conduct Authority said today’s High Court judgment in its coronavirus business interruption insurance test case found in favour of policyholders on the majority of the key issues. “Our aim throughout this court action has been to get clarity …
September 15, 2020
Insurers and observers are weighing in on the ruling by a London court in a test case brought by Britain’s Financial Conduct Authority (FCA) to clarify insurance coverage for COVID-19 related business interruption claims. The FCA says the court brought …