October 23, 2020

Fri, 23 Oct 2020 11:03:38 +0000
Bayer’s Monsanto division on Wednesday [Oct. 21] lost a final appeal in a long-running French legal battle in which the crop chemical maker has been held liable for the accidental inhalation of a weedkiller by a crop farmer. Monsanto had …
Fri, 23 Oct 2020 10:34:17 +0000
Bermuda has been spared the worst of Hurricane Epsilon, which passed 200 miles to the east of the island and is heading , according to a report from Weather Underground. However, Epsilon’s large size, at times, brought some tropical storm …
Fri, 23 Oct 2020 09:56:44 +0000
Paul Hanratty, the new chief executive officer of Sanlam Ltd., is refocusing on the South African insurer’s home market and plugging holes from its largest-ever acquisition to squeeze higher returns out of its businesses. It’s been two years since the …
Fri, 23 Oct 2020 07:05:18 +0000
A judge in Durham County, North Carolina has handed down what may be the nation’s first dispositive ruling in favor of policyholders in a COVID-19 business interruption lawsuit. Superior Court Judge Orlando F. Hudson Jr. ruled on Oct. 7 that …
Fri, 23 Oct 2020 05:00:39 +0000
The Washington Department of Labor & Industries is developing new workplace safety and health rules regarding wildfire smoke. The L&I announced the move this week in response to an increasing number of acres burned by wildfires in the state each …
Fri, 23 Oct 2020 05:00:18 +0000
The U.S. Consumer Financial Protection Bureau (CFPB) on Thursday said it is seeking public comment on a proposal to modify rules governing the access and use of consumer financial data which is collected by a growing number of online financial …
Fri, 23 Oct 2020 05:00:16 +0000
Walmart Inc. said on Thursday it had filed a lawsuit against the federal government, seeking clarity on the roles and legal responsibilities of pharmacists and pharmacies in filling opioid prescriptions. Walmart said certain officials in the U.S. Justi...
Fri, 23 Oct 2020 04:39:55 +0000
Tangram Insurance Services, Inc., a managing general agency, and Markel Corporation on behalf of its affiliated insurance companies have launched a program to provide excess liability capacity above Tangram’s current offering in the propane and fuel di...
Thu, 22 Oct 2020 20:10:00 +0000
Drought has become one of the costliest disasters in the U.S., causing 94 deaths and an inflation-adjusted $6.2 billion in losses per year on average since 1980, according to a report out this week from Climate Central. The report includes …
Thu, 22 Oct 2020 18:26:50 +0000
An Oregon Secretary of State audit has found the Department of Administrative Services does not provide sufficient oversight of investigations into workplace discrimination and harassment throughout state government. The Statesman Journal reports the a...
Thu, 22 Oct 2020 16:43:05 +0000
Texas transportation officials report that the number of traffic crashes in the energy-producing regions of Texas continues to rise. Last year, there were more than 205,000 crashes in counties defined as the Texas energy sector by the Texas Railroad Co...
Thu, 22 Oct 2020 16:42:08 +0000
Just as Louisiana begins an ambitious slate of projects to rebuild its crumbling coastline, the essential ingredients — sea sand and river silt — will be harder to come by. That’s not because these materials are rare; the Gulf of …
Thu, 22 Oct 2020 16:41:08 +0000
A 400-ton pavilion that offers spectacular views of Lake Michigan will be moved away from an eroding bluff after a mudslide and high water levels last year threatened to destroy the structure. The pavilion, which was built in 1940s at …
Thu, 22 Oct 2020 16:40:16 +0000
State regulators have found the Nebraska Republican Party and a political consulting firm liable for making illegal robocalls in a hotly contested legislative race. The Nebraska Public Service Commission issued the ruling against the state party and Ka...
Thu, 22 Oct 2020 16:38:11 +0000
Iowa-based electric utility MidAmerican Energy has idled nearly four dozen power-generating wind turbines after huge blades broke off of two turbines in recent weeks. MidAmerican has paused the use of 46 turbines it has identified as having similar bla...
Thu, 22 Oct 2020 16:32:58 +0000
A photographer is suing the owners and handlers of the University of Texas’ live mascot for negligence, saying he suffered permanent neck and back injuries when the longhorn steer charged out of its pen and plowed into several people at …
Thu, 22 Oct 2020 16:29:02 +0000
George Daly with The Horton Group in Orland Park, Ill., has been elected president of the Independent Insurance Agents of Illinois (IIA of IL). Daly’s term runs until Sept. 30, 2021. As president, Daly will serve as a member of …
Thu, 22 Oct 2020 15:43:59 +0000
Insurance broker Marsh announced that Eddie Albers has joined the firm to lead its U.S. Life Sciences practice. As the leader of Marsh’s U.S. Life Science Practice, Albers will play a key role in assisting life sciences companies as they …
Thu, 22 Oct 2020 15:05:47 +0000
Having fewer auto insurance claims during the coronavirus pandemic appears to have given insurers time to refine their customer experience and deliver higher higher quality claims service. According to the J.D. Power 2020 U.S. Auto Claims Satisfaction ...
Thu, 22 Oct 2020 14:53:31 +0000
PartnerRe Ltd. announced that Andrew Hughes will join PartnerRe in the new role of CEO, Third Party Capital, subject to immigration approval. Hughes will be responsible for further developing and growing PartnerRe’s third-party capital initiatives. He ...
Thu, 22 Oct 2020 14:43:55 +0000
Insurance systems and data firm Insurity announced it has acquired Bill It Now, a cloud-based billing-as-a-service for insurers, managing general agencies and program administrators. Bill It Now offers payment plan management and policy premium issuanc...
Thu, 22 Oct 2020 14:36:07 +0000
Argo Group International Holdings Ltd. announced that its results for the third quarter of 2020 will be adversely affected by estimated losses of $71 million related to various natural catastrophe events and the continued impact of the COVID-19 pandemi...
Thu, 22 Oct 2020 14:28:16 +0000
PG&E Corp. prioritized meeting inspection targets over meaningful reduction of wildfire risk, according to a monitor overseeing the utility’s program of trimming trees and vegetation that pose a threat of igniting devastating blazes in California. Amon...
Thu, 22 Oct 2020 14:24:04 +0000
AM Best said its estimates of $100 billion in asbestos losses and $46 billion in environmental losses for the U.S. property/casualty industry remain unchanged as of year-end 2019. In a report, AM Best notes that A&E loss reserves have declined …
Thu, 22 Oct 2020 14:22:40 +0000
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Golden Bear Insurance Co. in Stockton, Calif. The outlook of these ratings has been revised …
Thu, 22 Oct 2020 13:59:25 +0000
The Talanx Group, the Hanover, Germany-based insurance group, announced it is expanding its business in Italy by making a bolt-on acquisition, via its Italian subsidiary. HDI Assicurazioni, a subsidiary of HDI International AG, Talanx Group’s Retail In...
Thu, 22 Oct 2020 13:50:58 +0000
A new federal water permit for a New Hampshire fish hatchery that has been accused of polluting local waterways could cut the amount of phosphorous the hatchery can discharge in half. The permit for the Powder Mill Fish Hatchery, in …
Thu, 22 Oct 2020 13:48:06 +0000
Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, has acquired the assets of the Auburn Insurance Agency Inc., a full-service, family-owned insurance agency based in Natick, Mass. Founded in 1982 by President Janice Ryan, Auburn I...
Thu, 22 Oct 2020 13:44:44 +0000
Dick Insurance Agency, along with sister company Merrimack Financial Services, both of Tewksbury, Mass., have announced four new hires. Matthew Keefe joins Dick Insurance Agency and Merrimack Financial Services as a licensed account executive and debt ...
Thu, 22 Oct 2020 12:45:15 +0000
Self-driving car maker Cruise said on Wednesday it and majority shareholder General Motors Co. would seek U.S. regulatory approval in coming months to deploy a limited number of Cruise Origin vehicles without steering wheels or pedals. At the same time, …