June 24, 2019
New England Insurance Group
Mon, 24 Jun 2019 16:58:11 +0000
At least 10 people had to be decontaminated after a worker at a university in Atlanta spilled a chemical, creating a white cloud inside a science building. News outlets report everyone was evacuated Friday from the building at Clark Atlanta …
Mon, 24 Jun 2019 16:43:16 +0000
The Arkansas River remains too high and fast to assess flood damage in the Little Rock area, officials say. The U.S. Army Corps of Engineers said the removal of silt and the restoration of the channel for barge traffic are …
Mon, 24 Jun 2019 16:40:46 +0000
A Louisiana couple has pleaded guilty in a $48 million scheme that targeted a medical reimbursement program, federal prosecutors said on June 21. The U.S. Justice Department, New Orleans-based U.S. Attorney Peter Strasser and other officials outlined t...
Mon, 24 Jun 2019 16:39:13 +0000
Missourians looking for physicians to certify them to buy medical marijuana when it becomes available next year are running into resistance from doctors who are reluctant to prescribe the substance. Instead, would-be users are turning to pop-up and spe...
Mon, 24 Jun 2019 16:38:39 +0000
A federal grand jury has indicted two more employees of a company that owns a duck boat that sank on a Missouri lake last summer, killing 17 people. Curtis Lanham, the general manager at Ride the Ducks Branson, and Charles …
Mon, 24 Jun 2019 16:34:52 +0000
Universal Insurance Holdings Inc. subsidiary, Universal Property & Casualty Insurance Co. (Universal Property), has received a Certificate of Authority in to operate as a licensed insurance entity in Wisconsin. Universal Insurance Holdings (UVE) is a h...
Mon, 24 Jun 2019 16:33:40 +0000
Texas’ insurer of last resort for properties in counties along the state’s coastline says it has $4.2 billion in available funds as this year’s hurricane season gets underway. By comparison, at the start of the hurricane season in 2017 the …
Mon, 24 Jun 2019 15:27:27 +0000
More than 4,000 people are seeking damages from MGM Resorts International related to the Las Vegas Strip mass shooting that left 58 people dead, the casino giant said in a lawsuit alleging its insurance company has failed to pay promised …
Mon, 24 Jun 2019 15:16:07 +0000
With Arizona’s monsoon season quickly approaching, state transportation planners plan to begin installing a new dust-detection system on Interstate 10. The Arizona Department of Transportation recorded 85 dust-related crashes along the busy freeway fro...
Mon, 24 Jun 2019 15:14:31 +0000
A crop insurance company has agreed to pay a southwestern Idaho farming family $3.48 million following a lawsuit. The Idaho Statesman reported that the Farm Bureau Mutual Insurance Company of Idaho agreed to pay Nate and Kristin Pancheri for damage …
Mon, 24 Jun 2019 15:12:24 +0000
A Seattle, Wash. hotel owner is facing a felony perjury charge and state Clean Air Act violations after authorities said he lied about having uncertified workers remove asbestos during a renovation. Attorney General Bob Ferguson said Friday he filed the …
Mon, 24 Jun 2019 15:08:41 +0000
The U.S. Geological Survey a magnitude 5.5 earthquake has hit near the Pacific coast of Northern California. The agency says the earthquake struck at 8:53 p.m. on Saturday at a spot 17.3 miles southwest of Scotia, a town of 850 …
Mon, 24 Jun 2019 13:45:27 +0000
The 2018-2019 legislative sessions of Delaware, New Jersey, New York and Pennsylvania have all but ended without the passage of adult use cannabis legislation. This was especially surprising in New York and New Jersey, where adult use legislation repor...
Mon, 24 Jun 2019 13:34:30 +0000
Officials say a very small fire continues to burn at a Philadelphia refinery following explosions and a pre-dawn blaze that shook homes and caused some minor injuries. Philadelphia Energy Solutions said Saturday that workers are trying to isolate the r...
Mon, 24 Jun 2019 13:26:49 +0000
Virginia officials say a party bus was operating without proper permits when a woman fell out of it last year and died. The Virginian-Pilot reports that the Virginia Department of Motor Vehicles says the bus that Kisha Marrow-Lott fell out …
Mon, 24 Jun 2019 13:22:56 +0000
A lawsuit over whether insurance companies must cover a Vermont man’s claim for his boat he says sank with his mother on board is heading to trial this summer. The Providence Journal reports that a judge on Wednesday set Aug. …
Mon, 24 Jun 2019 13:21:31 +0000
Liberty Mutual Re, part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader Marine & Energy within its London Market Risks (LMR) team. The new role was created to support Liberty Mutual Re’s (LM …
Mon, 24 Jun 2019 12:35:58 +0000
Every year there are more than two million workplace injuries in the United States. Behind each of those claims is a firefighter, a construction worker, or a mechanic. They’re our moms, dads, sisters, brothers, and neighbors. One of them is …
Mon, 24 Jun 2019 12:35:42 +0000
Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after it jettisoned sections of its oldest line of business last year. Premiums for marine insurance, which until 2018 had fallen …
Mon, 24 Jun 2019 12:11:02 +0000
Iran has increased its offensive cyber attacks against the U.S. government and critical infrastructure as tensions have grown between the two nations, cyber-security firms say. In recent weeks, hackers believed to be working for the Iranian government ...
Mon, 24 Jun 2019 11:44:42 +0000
Facebook Inc. was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister Bruno Le Maire was already broadcasting his discontent. “It’s out of the question” that the social-media giant’s digit...
Mon, 24 Jun 2019 10:53:51 +0000
Call it the class ceiling. Women suing major technology companies for gender discrimination would have much stronger leverage against their employers if they could press their claims on behalf of a large group of female colleagues. But last year, the …
Mon, 24 Jun 2019 10:21:25 +0000
AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd. announced the expansion of AXIS Re Strategic Partners with the hiring of Robert Hands as a strategic account executive and head of Australia. In this role, Hands will be …
Mon, 24 Jun 2019 10:09:33 +0000
Facebook Inc. failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of several privacy snafus that have put the company under siege. The company’s disclosure in September that hackers exploited several software …
Mon, 24 Jun 2019 09:49:38 +0000
There were 755,436 people working in financial activities in the New York metropolitan area last year, more than twice as many as in the next-biggest area for such jobs, metro Los Angeles. But this amounted to just 8% of New …
Mon, 24 Jun 2019 08:59:20 +0000
One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing enough to address climate change. Legal & General Investment Management, which oversees about $1.3 trillion and is one ...
Mon, 24 Jun 2019 08:36:19 +0000
Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by denying coverage to gambling companies and nuclear-power generators. The asset-management arm of ASR Nederland NV already has a list of …
Mon, 24 Jun 2019 05:38:50 +0000
While most of the news out of the 2019 Florida Legislative Session surrounding insurance has focused on House Bill 7065 and the wide-spread assignment of benefits (AOB) reform it promises, another piece of legislation that makes some big insurance-rela...
Mon, 24 Jun 2019 05:00:24 +0000
CSAA Insurance Group has named Paul Acevedo executive vice president and chief information officer. CSAA has also named Marlys Rodgers chief information security officer. Acevedo leads CSAA’s technology organization, with responsibilities including con...
Mon, 24 Jun 2019 04:45:42 +0000
AXA XL’s Environmental business in North America has added supplemental coverage to its Pollution and Remediation Legal Liability (PARLL) policy which provides protection to owners, operators and developers of fixed facilities against loss, remediation...