Program administrator Lumen Risk Services, in partnership with Transverse Insurance Group, has launched a new commercial property insurance program. The non-admitted program will initially offer monoline property coverage for multi-family, hospitality, and light commercial property accounts with plans to expand …
Amazon.com Inc. was hit on Wednesday with five new lawsuits by women who worked in corporate or warehouse management roles, and accused the online retailer of gender bias, racial bias or both. The women, ages 23 to 64, accused Amazon …
Roughly $8.1B of Superstorm Sandy’s damages in 2012 are attributable to “climate-mediated anthropogenic sea level rise,” a report out this week shows. The report published on Tuesday in the journal Nature Communications examined how much of the more than $60 …
A U.S. judge suggested on Wednesday that Bayer AG include a warning label on Roundup as part of a proposed $2 billion settlement to resolve future claims that the top-selling weedkiller causes cancer. Bayer asked U.S. District Judge Vince Chhabria …
A study published in the scientific journal Addiction provides evidence of the association between recreational cannabis laws in U.S. states and responses in the illegal markets for cannabis, heroin and other drugs. The study found that the implementation of recreational …
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Stonetrust Commercial Insurance Co. and its reinsured subsidiary, Stonetrust Premier Casualty …
Anderson Benson, a Nashville-based independent insurance and risk management broker, has been appointed as a coverholder by Lloyd’s of London for a worldwide media liability errors and omissions (E&O) program that specializes in the music industry. Anderson Benson’s insurance coverage …
Heavy rain kept pounding parts of Texas and Arkansas before moving over Louisiana on Wednesday, adding to the misery for people whose homes and cars were flooded by an earlier drenching. The prospect of more rain wasn’t welcome in southern …
Earlier this month, the Colorado Senate passed a bill prohibiting insurance companies from using any external consumer data and information source, algorithm or predictive model for insurance premium calculation found to be unfairly discriminatory. Two weeks prior, on April 28, …
Ramsey-Weeks Insurance in Grinnell, Iowa, has merged with First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C. Ramsey-Weeks is a fourth-generation, family-owned insurance agency that has been in the Grinnell landscape for over 95 years. Led by Jim …
