Insurance News from July 14, 2020
National News
Next Showdown in Congress: Protecting Workers vs. Protecting Employers in Pandemic
Congressional leaders are squaring off over the next pandemic relief bill in a debate...
Second Wave of Coronavirus Lockdowns Could Weaken Insurers’ Capital Buffers: S&P
U.S. Pressures Insurers, Certifiers, Shippers in Enforcing Tougher Sanctions on Venezuela
Fed Warns Climate, COVID Worsen Western States’ Economic Risk From Wildfires
W.R. Berkley Estimates $85 Million in Q2 COVID Catastrophe Losses
International & Reinsurance News
Second Wave of Coronavirus Lockdowns Could Weaken Insurers’ Capital Buffers: S&P
Global insurers have proven resilient during the first wave of the COVID-19 pandemic,...
UK Plans to Spend $6.6 Billion on Building Flood Defenses Through 2027
Russia Requires Firms to Develop Financial/Insurance Contingency Plans for Oil Spills
Just One-Quarter of UK Firms Are Prepared for End-of-Year Brexit Transition: Survey
Face Masks Will Be Mandatory in English Shops as PM Johnson Responds to Pressure
East News
Former Owner of Cleaning Company Charged with Workers’ Comp Fraud
The former owner of a Massachusetts cleaning company has been charged with wage theft...
West News
Report: Sharp Drop in California Workers’ Comp Premiums Expected from COVID-19
A sharp drop in 2020 workers' compensation premiums in California is expected with the...
Southeast News
Florida’s Citizens to Resume Policy Cancellations, Nonrenewals Next Month
Citizens Property Insurance Corp., Florida's insurer of last resort, will resume...
Texas / South Central News
Texas Company Cited After Employee Fatalities; Fined Nearly $500K
A company in Pasadena, Texas, has been cited by federal officials and faces penalties...
Midwest News
Iowa’s First Mainstreet Insurance Acquires 3 New Agencies
Cedar Rapids, Iowa-based First MainStreet Insurance (FMSI), a TrueNorth affiliate, has...