Citing U.S. Sanctions, Insurers Won’t Cover Ships For Russia, Turkey Pipelines Projects September 23, 2020 The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream...
Florida OKs Emergency Adjusters, Brings In Fraud Strike Teams for Sally Recovery September 23, 2020 The Florida Department of Financial Services has deployed its Disaster Fraud Action Strike Team (DFAST) to the Florida Panhandle, as...
Insurer Impact from Sally Expected to be Moderate; Losses Estimated at $1B to $3B September 23, 2020 By Amy O'Connor Insured losses from Hurricane Sally could reach as much as $3 billion, according to catastrophe modelers, but ratings agency Moody’s...
Texas’ Blue Bell Creameries to Pay $17.25M in Penalties for Listeria Contamination September 23, 2020 Texas-based Blue Bell Creameries L.P. has been ordered to pay $17.25 million in criminal penalties for shipments of contaminated ice...
Independent Brokers Will Remain Competitive by Adding Value to the Value Chain September 23, 2020 By L.S. Howard The COVID-19 crisis has highlighted the need for brokers to add value to the insurance transaction, according to Toby Esser,...
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change September 23, 2020 By L.S. Howard Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed,...
Texas Auto Insurance Plan Association Requests 4.8% Commercial Rate Hike September 23, 2020 The Texas Automobile Insurance Plan Association (TAIPA) has filed a request with the Texas Department of Insurance to charge new...
Lockton Pacific Promotes Hostovich and Barnes in California September 23, 2020 Lockton Insurance Brokers LLC, the Pacific region of global insurance broker Lockton Cos., has named Teena Hostovich vice chair of...
Shopify Customer Data Likely Exposed by 2 Employees Attempting to Steal Records September 23, 2020 Shopify Inc. said on Tuesday data of customers who shopped at fewer than 200 merchants listed on the company’s e-commerce...
Confident Russia Vows to Shoulder Some of the Legal Liability of Its COVID-19 Vaccine September 23, 2020 By Polina Ivanova and Anthony Boadle Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go...