Early COVID-19 Vaccinations Prevented 140,000 Deaths: Study August 20, 2021 A new study by Indiana University and RAND Corp. assessed the impact of COVID-19 vaccinations and found that 139,393 deaths...
With Federal Legalization Expected, Cannabis Insurers Quietly Get Ready to Roll August 20, 2021 By Alwyn Scott Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as...
California Commissioner Issues Non-Renewal Moratorium to Aid Policyholders Affected by Wildfires August 19, 2021 California Insurance Commissioner Ricardo Lara on Thursday issued a mandatory one-year moratorium on insurance companies from non-renewing or cancelling residential...
Texas Takes 1.6K Commercial Vehicles Off the Road After International Roadcheck August 19, 2021 Texas public safety officials said on Aug. 18 that an inspection of 6,288 commercial motor vehicles in the state resulted...
Hackers Steal More Than $94M from Japanese Cryptocurrency Exchange August 19, 2021 By Tom Wilson Japanese cryptocurrency exchange Liquid said on Thursday it was hit by hackers in a theft estimated at more than $94...
Wildfire Grows to 5 Square Miles in Northeastern Minnesota August 19, 2021 By Steve Karnowski A wildfire in the Superior National Forest of northeastern Minnesota has grown to 5 square miles (13 square kilometers) as...
Outlooks Revised to Positive for Oklahoma’s National American Insurance August 19, 2021 AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the...
Europe Reinsurers’ H1 Profits Climb on Lower COVID Claims, Hardening Prices: Moody’s August 19, 2021 The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits...
Broker Willis Alleges Unlawful ‘Raid’ on Employees, Clients by Competitor Alliant August 19, 2021 By Andrew G. Simpson Insurance brokerage competitors Willis Towers Watson and Alliant Insurance Services are battling in court over what Willis alleges is a...
Alaska School District Agrees to Settle Abuse Lawsuit for $3.8M August 19, 2021 An Alaska school district agreed to pay $3.8 million to two children abused by a former principal who said school...