Insurance News from May 27, 2021
National News
Bayer Unveils New Roundup Risk Management Plan After $2B Proposal Fails
Bayer said today it will initiate a series of actions to address potential future...
International & Reinsurance News
Shell Loses Landmark Climate Case in Ruling with Global Implications for Big Oil
THE HAGUE/LONDON – A Dutch court ordered Royal Dutch Shell to drastically deepen...
Rising Global Temperatures Move Closer to Climate Change Tipping Point: U.N. Report
Ardonagh Group Agrees to Purchase BGC’s Insurance Business for $500 Million
Italian Police Arrest 3 People After Funicular Disaster Kills 14
Suez Canal Authority Is Open to Further Talks with Owners of Seized Container Ship
East News
Penn. Court Says Tavern Entitled to Business Income Coverage for COVID-19 Losses
An insurer could have to pay for a Pennsylvania tavern's business interruption losses...
West News
PG&E to Pay $43.4M in 3 California Counties Burned by Fraying Grid
Pacific Gas & Electric will pay $43.4 million to government agencies in three...
Ag Groups Upset with Washington Governor for Farm Worker Rules
AM Best Revises Outlooks to Positive for Anchor General in California
Residents Debate Reopening of Car-Free San Francisco Streets
People Moves: Island Insurance Names Kuioka COO, The Liberty Company Insurance Brokers Adds Newman in California
Southeast News
AM Best: Florida’s Property Insurance Market Hit 5-Year Financial Low in 2020
AM Best's composite of Florida property insurance companies hit five-year performance...
Texas / South Central News
Texas Nurse Practitioner Gets 20 Years, Must Pay Over $52M in Healthcare Fraud Case
A Waxahachie, Texas, nurse practitioner has been sentenced to 20 years in federal...
Midwest News
Tighter Towing Regulations Approved for Chicago
Changes to the city ordinance requiring additional licensing to improve towing safety...