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Florida Insurance Groups Divided on Proposed Special Session Bill
Florida’s insurance community appears to be split on the impact that two draft Senate bills will have on the property insurance crisis, with some praising the changes and others warning that they won’t go far enough to rescue struggling carriers …
POSTED MAY 22, 2022 5:28 PM |
Markets/Coverages: Hub Targets Nonprofits; Ryan Tackles Auto Excess With Axsal; Trisura and HSB Back At-Bay Cyber
Hub Launches Nonprofit Specialty Practice Insurance broker Hub International, with decades of experience in the sector, has launched a nonprofit specialty practice to serve the risk management, insurance and human capital needs of associations, arts and cultural entities, foundations, public …
POSTED MAY 20, 2022 4:02 PM |
Explosion at Wisconsin Marine Construction Company Injures 6
A huge fire set off by an explosion burned Thursday at a marine construction company in southeast Wisconsin. Three civilians and three firefighters were injured at Summerset Marine Construction in the small Waukesha County community of Eagle, about 35 miles …
POSTED MAY 20, 2022 3:50 PM |
Minneapolis to Pay $1.5M to Man Arrested During George Floyd Protest
Minneapolis has agreed to pay $1.5 million to a man who said police used excessive force when he was arrested during the protests that followed George Floyd’s death in 2020, according to court documents filed Tuesday. Jaleel Stallings, 29, also …
POSTED MAY 20, 2022 3:45 PM |
St. Louis Assistant Chief to Receive $162,000 in Discrimination Settlement
The city of St. Louis will pay a St. Louis assistant police chief nearly $162,000 to settle his federal discrimination lawsuit in which he alleged he was passed over for the city’s top police job because he is white. Lt. …
POSTED MAY 20, 2022 3:43 PM |
Family Dollar Closing Arkansas Distribution Center Following Rodent Lawsuit
Family Dollar is closing an Arkansas distribution facility where more than 1,000 rodents were found earlier this year, forcing the recall of items from hundreds of stores, the company said Wednesday. The company said it plans to close the facility …
POSTED MAY 20, 2022 3:37 PM |
Insurance Technology: Zurich’s FieldView Simplifies Crop Reporting; Kinetic Adds ‘Jump Detection’ to Wearables; Beat Capital to Launch MGAs Using OneShield
Zurich’s Climate FieldView Expands Precision Crop Information for RCIS Zurich North America crop insurance business – Rural Community Insurance Services (RCIS) – has added Climate FieldView to its list of precision agriculture providers available to RCIS customers. FieldView enables farmers …
POSTED MAY 20, 2022 3:27 PM |
Two of Central Kentucky’s Oldest Agencies Merge
Two of the oldest insurance agencies in Central Kentucky have merged. Rightmyer Insurance Agency in Danville, founded in the 1930s, has joined forces with Sam Dexter Insurance Agency, which began in 1954, according to a local news report. The two …
POSTED MAY 20, 2022 2:04 PM |
Explosion at Maryland Nail Salon Injured 7 Including First Responders
Seven people, including police officers and EMS personnel, were injured in an explosion at a Maryland nail salon on Monday night, officials said. Baltimore County police officers responded to a disturbance at a Woodlawn nail salon and encountered a person …
POSTED MAY 20, 2022 1:32 PM |
Markets/Coverages: Maryland’s Residual Insurer Ups Limits for Commercial Drivers
Maryland’s auto insurance market for drivers that private insurers won’t cover has received approval to offer combined single limits coverage up to $1 million for eligible businesses and vehicles. Maryland Auto Insurance (MAI) says many contracts, particularly governmental contracts, require …
POSTED MAY 20, 2022 1:27 PM |
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