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Chinese companies must disclose government interference risks

Business Insurance

Chinese companies listed on U.S. stock exchanges must disclose the risks of the Chinese government interfering in their businesses as part of their regular reporting obligations, a top U.S. Securities and Exchange Commission official said on Monday.

Posted: Jul 26, 2021

‘Long COVID’ can be considered disability under federal law

Business Insurance

“Long COVID" can be considered a disability under federal law, the federal Department of Health and Human Services and the Justice Department said Monday.

Posted: Jul 26, 2021

Starling Bank acquires Fleet Mortgages for £50 million

coverager

Starling Bank announced the acquisition of mortgage lender Fleet Mortgages in a £50 million cash and share deal.

Posted: Jul 26, 2021

How to get renters insurance

Bing

If you’re looking for a renters insurance policy, this guide can help you purchase renters insurance from a top-rated ...

Posted: Jul 26, 2021

How Online Insurance Quotes Can Help Drivers Avoid Car Insurance Scams

Yahoo - Insurance

If you’re looking for a renters insurance policy, this guide can help you purchase renters insurance from a top-rated insurance provider in your area.

Posted: Jul 26, 2021

Insurance brokers Aon, Willis Towers end merger, citing delays caused by Justice Dept. lawsuit

Bing

Aon and Willis Towers Watson on Monday called off a $30 billion merger that would have created the world’s largest insurance ...

Posted: Jul 26, 2021

Dorm insurance can protect against flood, theft in college housing

Bing

By Monica Laliberte, WRAL executive producer/5 On Your Side reporter College students will soon head off to campuses – ...

Posted: Jul 26, 2021

ISO Commercial Cyber Product Replaced: Part One – Sections I–IV | Insurance Coverage Law Center

Yahoo - Insurance

As an Insurance Sales Professional, you will help grow a local Allstate agency by engaging new prospects and building strong relationships in the community. Responsibilities ...

Posted: Jul 26, 2021

FM Global unit prevails again in Superstorm Sandy case

Business Insurance

A federal appeals court Monday affirmed a lower court ruling in an FM Global unit’s favor in litigation over $1.47 billion in property and business interruption losses New York University claimed it was due as a result of 2012’s Superstorm Sandy.

Posted: Jul 26, 2021

Calif. law creates COVID-19 presumption for disability retirement

Business Insurance

California Gov. Gavin Newsom on Friday signed legislation that would entitle certain classes of workers to special benefits if they die or become disabled due to COVID-19.

Posted: Jul 26, 2021

Broker offering psychedelic medicinal cover

Business Insurance

Rahn & Associates Inc. is offering insurance coverages for the psychedelic medicinal industry.

Posted: Jul 26, 2021

Veterans Affairs, Calif. to mandate vaccines in health care

Business Insurance

All federal Department of Veteran Affairs workers will be required to be vaccinated for COVID-19, and California’s health care personnel must either get a vaccine or be tested for the virus weekly.

Posted: Jul 26, 2021

Aon-Willis deal falls apart, leaves questions over brokers’ prospects

Business Insurance

In the face of antitrust concerns, Aon PLC announced Monday it would terminate its agreement to buy rival Willis Towers Watson PLC, raising questions over which companies will benefit or suffer in the wake of the failed deal.

Posted: Jul 26, 2021

Brown & Riding names casualty practice leader

Business Insurance

Wholesaler Brown & Riding Insurance Services Inc. has named Andrew Grim as its national casualty practice leader.

Posted: Jul 26, 2021

Redpoint County Mutual celebrates partnership with Elephant Insurance

coverager

Elephant Insurance is a wholly-owned subsidiary of Admiral Group.

Posted: Jul 26, 2021

Rising earthquake-insurance costs put millions of Missourians, economy at risk

Bing

The continually rising cost of earthquake insurance is putting millions of Missourians and its economy at risk, according to ...

Posted: Jul 26, 2021

L&S Agency, Blatchley Insurance join SAN Group - Buffalo Business First

Yahoo - Insurance

Because the changes are so substantial, and with new formatting changes making the forms easier to...

Posted: Jul 26, 2021

U.S. AG Garland Hails Aon-Willis Merger Termination as a ‘Victory for Competition’

Insurance Journal

U.S. Attorney General Merrick Garland today welcomed the decision by insurance brokers Aon and Willis Towers Watson to terminate their planned $30 billion merger. “This is a victory for competition and for American businesses, and ultimately, f...

Posted: Jul 26, 2021

Strict Liability Standard for Consumer Protection Law May ImpactInsurance Litigation | The Legal...

Yahoo - Insurance

If American politicians want to diminish the harms of flooding, recently on deadly display on the other side of the Atlantic, an easy first step would be...

Posted: Jul 26, 2021

5 Social Media Marketing Strategies for the Digital Age

Agency Nation

Learn how to take advantage of social media as a way to build your brand and a strong community of followers. The post 5 Social M...

Posted: Jul 26, 2021

Regulators to unlock ‘black box’ of ESG corporate ratings

Business Insurance

Global regulators took a first step on Monday to unlock the “black box” of corporate environmental, social and governance ratings, suggesting formal oversight of a sector which helps channel trillions of dollars into climate-friendly investment funds...

Posted: Jul 26, 2021

Global Supply Chains Falter as Inflation Continues and Virus Levels Jump

Carrier Management

Global Supply Chains Falter as Inflation Continues and V...

Posted: Jul 26, 2021

COVID-19 Did Not Delay Workers Comp Med Treatments But Some Care Avoided: WCRI Study

Carrier Management

COVID-19 Did Not Delay Workers Comp Med Treatments But Some...

Posted: Jul 26, 2021

Is The Hanover Insurance Group, Inc. (THG) A Good Stock To Buy?

Bing

After several tireless days we have finished crunching the numbers from nearly 900 13F filings issued by the elite hedge ...

Posted: Jul 26, 2021

Are Insurance Brokers the Next Target for Claims Arising From the Pandemic?

Bing

Since the pandemic struck last March, policyholders have sued insurance carriers nearly 2,000 times alleging their policies ...

Posted: Jul 26, 2021

NBA mock draft: Phoenix Suns get insurance at point guard for Chris Paul, Cameron Payne

Bing

The Phoenix Suns have some questions at point guard. Many NBA mock drafts have them answering them by taking a point guard in ...

Posted: Jul 26, 2021

Drown the Federal Flood Insurance Program

Yahoo - Insurance

SBI General Insurance has introduced the Fastlane Claim Settlement as a value-add service to its...

Posted: Jul 26, 2021

Don't Overlook This Crucial Type of Homeowners Insurance Coverage

Yahoo - Insurance

SBI General Insurance has introduced the Fastlane Claim Settlement as a value-add service to its...

Posted: Jul 26, 2021

Gulfstream Insurance Admits to Insolvency, Agrees to Liquidate

Insurance Journal

Personal residential insurer Gulfstream Property and Casualty Insurance Co. has agreed to liquidate according to a July 22 order signed by the Florida Office of Insurance Regulation. The Florida Department of Financial Services must agree to receiver...

Posted: Jul 26, 2021

Gulfstream Insurance Admits Insolvency, Agrees to Liquidate

Insurance Journal

Personal residential insurer Gulfstream Property and Casualty Insurance Co. has agreed to liquidate according to a July 22 order signed by the Florida Office of Insurance Regulation. The Florida Department of Financial Services must agree to receiver...

Posted: Jul 26, 2021

Aon, WTW deal crumbles

NU Property & Casualty 360

Aon will pay Willis Towers Watson a $1 billion termination fee, per their business combination agreement.

Posted: Jul 26, 2021

Homeowners insurance protects your home, but not against every disaster out there

Bing

Homeowners insurance does not cover flood, earthquake, and service line damage. However, you can get separate or add-on ...

Posted: Jul 26, 2021

NBA mock draft: Phoenix Suns get insurance at point guard for Chris Paul, Cameron Payne

Yahoo - Insurance

Redpoint County Mutual Insurance Company, a Texas county mutual carrier, recently celebrated the 4th anniversary of its partnership with Elephant Insurance

Posted: Jul 26, 2021

Understanding the Claim Process for Bonds vs. Insurance

Insurance Journal

This post is part of a series sponsored by Old Republic Surety. Thinking about building a book of surety business? As an insurance agent, you’ll want to understand how the surety claims process differs from the insurance claims process. You&#82...

Posted: Jul 26, 2021

Don't Overlook This Crucial Type of Homeowners Insurance Coverage

Bing

Additional living expense coverage pays for costs such as rent and food if a home must be rebuilt. Learn why this coverage is ...

Posted: Jul 26, 2021

2021 OUTSTANDING CSR of the Year STATE WINNERS Announced

Insurance Journal

AUSTIN, TX (July 26, 2021) – Each year, a group of exceptional insurance professionals are chosen by The National Alliance for Insurance Education & Research to compete for the National Outstanding CSR of the Year Award. To be eligible for &#8230...

Posted: Jul 26, 2021

Protected: 5 Tips to Get the Board Invested in Cyber Risk Management

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: 5 Tips to Get the Board Invested in Cyber R...

Posted: Jul 26, 2021

Australian insurer records $850 million in interruption claims

Business Insurance

Insurance Australia Group Ltd. has set aside 1.15 billion Australian ($847 million) in business interruption claims for the financial year ending June 30.

Posted: Jul 26, 2021

OSHA cites firms for accident that killed six poultry plant workers

Business Insurance

An Occupational Safety and Health Administration investigation into the deaths of six workers at a Georgia poultry processing plant has resulted in citations for 59 violations and proposed fines totaling nearly $1 million for four companies.

Posted: Jul 26, 2021

China Re expects big jump in profit

Business Insurance

China Reinsurance estimates that its net profit for the first half of 2021 will rise by 55% to 65%, compared with the same period last year.

Posted: Jul 26, 2021

Covéa replaces top executive

Business Insurance

French insurer Covéa said its CEO James Reader has stepped down and will be replaced by Adrian Furness, who is currently chief operating officer.

Posted: Jul 26, 2021

Chevron Phillips failed to report imports of 18 toxic chemicals: Letters

Business Insurance

Chevron Phillips Chemical Co. failed to disclose to regulators significant amounts of at least 18 toxic chemicals imported to the United States over the past several years, as required by law, according to letters seen by Reuters.

Posted: Jul 26, 2021

Higher salary for high education: One college ensures it

Business Insurance

Is a certain college linked to higher salary? Augustana College in Rock Island, Illinois, is among the first willing to cover that bet for prospective transfer students.

Posted: Jul 26, 2021

Wall Street enforcement to toughen with SEC’s new top cop

Business Insurance

When former New Jersey Attorney General Gurbir Grewal starts work at the U.S. Securities and Exchange Commission on Monday, he will be the agency’s first incoming enforcement director without recent ties to corporate America since 2005.

Posted: Jul 26, 2021

Executives On The Move At W.R. Berkley and BHSI

Carrier Management

Executives On The Move At W.R. Berkley and BHSI W.R. Berkley Corp. gave the head of its Berkley R...

Posted: Jul 26, 2021

New Cake & Arrow report explores a vision for how the insurance industry can empower independent age...

coverager

Small businesses have a long road to recovery ahead. For some, it could take years to return to their pre-Covid baseline. Independent agents, with the inroads and infrastructure to connect...

Posted: Jul 26, 2021