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News – Insurance Journal
California Closes Record for 2021 Pure Premium Workers’ Comp Filing
California Insurance Commissioner Ricardo Lara has issued a notice closing the record for the Jan. 1, 2021 workers’ compensation pure premium rate filing. The Workers’ Compensation Insurance Rating Bureau of California on Oct. 5 testified at a California Department of …
POSTED OCTOBER 27, 2020 5:50 PM |
New CFC Intellectual Property Product Targets Risks of M&A Transactions
CFC has launched a new product designed to address intellectual property (IP) infringement risks facing buyers undertaking a merger or acquisition. The product offers protection to buyers for IP infringement risks associated with their merger or acquisition. According to Angus …
POSTED OCTOBER 27, 2020 4:56 PM |
6 Homes Evacuated as Sinkhole in Florida Neighborhood Grows to 50 Feet Wide
A sinkhole that opened earlier this month in a north Florida neighborhood expanded on Thursday, leading officials to urge residents from six nearby homes to evacuate. Johnnie Candiano, 22, his brother Beau Candiano, 20, and cousin Mason Morton had been …
POSTED OCTOBER 27, 2020 4:42 PM |
Insurer Off the Hook in $200K Georgia House Fire Claim Due to Agent Premium Theft
A property insurer is off the hook for a $200,000 claim against a policy that it canceled, leaving a lawsuit filed against a former insurance agent who was arrested for pocketing premiums as the only apparent recourse available to the …
POSTED OCTOBER 27, 2020 4:38 PM |
Marsh Appoints Klint as Risk Management Segment Leader for Continental Europe
Insurance broker Marsh announced the appointment of Carolina Klint as risk management leader for Continental Europe. Based in Stockholm, Klint will report to Siegmund Fahrig, CEO of Marsh Continental Europe. In her role, she will be responsible for delivering Marsh’s …
POSTED OCTOBER 27, 2020 4:31 PM |
El Paso Judge Imposes Curfew as Virus Cases Overwhelm Hospitals
Residents in the Texas border city of El Paso have been urged to stay home for two weeks as a spike in coronavirus cases overwhelms hospitals, prompting the state to dedicate part of the city’s civic center as a makeshift …
POSTED OCTOBER 27, 2020 4:15 PM |
Typhoon Molave Heads to Vietnam After Killing at Least 9 People in Philippines
Typhoon Molave killed at least nine people and left 13 others missing in the Philippines, according to disaster-response officials, before heading over to the South China Sea on its way to Vietnam. The storm affected more than 900,000 in the …
POSTED OCTOBER 27, 2020 3:18 PM |
Winds Fanned California Fires and Kept Thousands of Evacuees Away
Crews tried to beat back two out-of-control wildfires in Southern California on Tuesday that have kept tens of thousands of people out of their homes. Fierce winds that drove twin fires through brushy hills near cities in Orange County a …
POSTED OCTOBER 27, 2020 3:06 PM |
Oregon Vineyards Lose Lawsuit Against Nearby Cannabis Operation
Two Oregon wine grape growers have failed to convince a state judge their grapes would be marred by odors from a neighboring marijuana operation. Yamhill County Circuit Court Judge Cynthia Easterday ruled that Smera Vineyard and Maysara Winery haven’t met …
POSTED OCTOBER 27, 2020 3:01 PM |
Five Hospitalized After Factory Store Evacuated in Maine
Five people were hospitalized after a report of chemical exposure at a factory store in Skowhegan that led to the building’s evacuation on Thursday. The exposure led to the evacuation of the New Balance Factory Store, the Morning Sentinel reported. …
POSTED OCTOBER 27, 2020 1:17 PM |
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