June 12, 2021
Lasyone Insurance Agency
Fri, 11 Jun 2021 16:46:47 +0000
Electronic Arts Inc. is investigating a recent data breach, where some of its game source code and related tools were stolen, the video game publisher said on Thursday, becoming the latest victim of a spate of cyberattacks on U.S. companies. …
Fri, 11 Jun 2021 16:35:00 +0000
A judge has ruled in favor of a utility in a lawsuit filed over a 2017 natural gas explosion in southwestern Indiana that killed two women and injured three other people. A Vanderburgh County judge granted CenterPoint’s motion for summary …
Fri, 11 Jun 2021 16:24:23 +0000
A Houston hospital has suspended 178 employees for two weeks without pay for not complying with demands that they be vaccinated against COVID-19. In a memo, Houston Methodist Hospital system chief executive Marc Boom said 24,947 employees complied with...
Fri, 11 Jun 2021 16:17:49 +0000
A man died after becoming stuck in a manure tank on an eastern Iowa cattle farm, authorities said. The death occurred on June 8 at a farm in Stockton and was reported by authorities there the next day, the Quad-City …
Fri, 11 Jun 2021 16:13:37 +0000
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Gray Casualty & Surety Co. (GCSC), based in Metairie, Loui...
Fri, 11 Jun 2021 16:08:20 +0000
Three separate Texas healthcare providers will pay a collective $1,056,340.50 to resolve liability under the False Claims Act for the alleged improper billing of electro-acupuncture devices, the U.S. Attorney’s Office for the Western District of Texas ...
Fri, 11 Jun 2021 16:02:37 +0000
An Indianapolis police officer was speeding and made an illegal lane change just before his patrol car struck and killed a pregnant woman last year near a highway ramp, the woman’s boyfriend alleges in a federal lawsuit. Attorneys for Marcus …
Fri, 11 Jun 2021 16:02:05 +0000
Florida Gov. Ron DeSantis on Friday officially signed into law reform legislation on property insurance and roofing contractor practices, a measure some say is having a positive impact even before it goes into effect. DeSantis signed the measure during...
Fri, 11 Jun 2021 15:56:48 +0000
California’s workplace regulators have withdrawn a controversial pending mask regulation while they consider a rule that more closely aligns with Gov. Gavin Newsom’s promise that the state will fully reopen from the pandemic on June 15. The California ...
Fri, 11 Jun 2021 15:20:11 +0000
Check out Insurance Journal’s recent special edition on Florida including a special report on new legislation to help Floridians who are battling the state’s property insurance crisis. This legislation aims to solve some of the issues plaguing Florida’...
Fri, 11 Jun 2021 14:47:36 +0000
This wrap-up of international People Moves details recent appointments at three brokers: Miller, Lockton Re and McGill and Partners. A summary of these new hires follows here. Miller, a London-based independent specialist re/insurance broker, announced...
Fri, 11 Jun 2021 14:32:27 +0000
A former Connecticut police officer, who shot and killed an 18-year-old motorist during a traffic stop, received a $100,000 payout from Wethersfield’s municipal insurer when he resigned from the department, according to documents obtained by the Hartfo...
Fri, 11 Jun 2021 14:29:48 +0000
The man who killed five people at a Maryland newspaper told a state psychiatrist he wanted to destroy a building “Timothy McVeigh-style” and that there was “no defense” for the crimes he committed in the shooting, attorneys said Wednesday during …
Fri, 11 Jun 2021 13:58:21 +0000
A dry spring has led a committee to declare that six counties in northeast South Carolina are in the first level of drought. The South Carolina Drought Response Committee voted Wednesday to place Clarendon, Florence, Georgetown, Horry, Marion and Willi...
Fri, 11 Jun 2021 13:51:09 +0000
The city of Huntsville is again siding with a police officer convicted of murder and asking a federal court to delay action on a wrongful death lawsuit filed by relatives of the victim. The city and officer William Darby, who …
Fri, 11 Jun 2021 13:29:14 +0000
A New Jersey bill that would allow business interruption insurers in the state to add a rider for virus and pandemic coverage is moving forward, with some in the industry saying it could encourage more insurers to provide this coverage. …
Fri, 11 Jun 2021 13:09:37 +0000
Catastrophe excess of loss reinsurance contracts “never anticipated an event like a pandemic,” but cedents can still expect compromises from their reinsurers, an industry executive said Thursday. While cedents and reinsurers may often disagree about ho...
Fri, 11 Jun 2021 13:05:53 +0000
Companies and organizations that are victims of ransomware attacks shouldn’t pay hackers to unlock their data and should quickly contact law enforcement, which opens up the possibility of creative solutions, FBI Director Christopher Wray said. “It is o...
Fri, 11 Jun 2021 12:46:13 +0000
U.S. insurers face a multi-billion-dollar payout from May’s convective storms, which spawned extensive hail, tornado, wind and flood damage across a series of separate events during the month, according to broker Aon plc in the latest edition of its mo...
Fri, 11 Jun 2021 12:43:27 +0000
A retired high-ranking official with the Drug Enforcement Administration has testified that three large opioid distributors had a “systematic failure” in monitoring suspicious pill orders. Joe Rannazzisi, former head of the Office of Diversion Control ...
Fri, 11 Jun 2021 12:14:15 +0000
A surge in cyber attacks and ransomware hacks since the start of pandemic lockdowns is alarming for a world of finance moving headlong into digital money and remote working longer term. The flipside of the digital revolution has always been …
Fri, 11 Jun 2021 08:02:00 +0000
French mutual insurer Covéa and reinsurer SCOR finally laid down their legal swords this week – opting instead for “peaceful relations” by signing a binding settlement agreement. The agreement, which “implies no admission of liability on either side...
Fri, 11 Jun 2021 05:52:03 +0000
A fire has destroyed much of a resort on the Rogue River in Southern Oregon, authorities said. The Rural Metro fire department in Josephine County confirmed a “major fire incident” around 10:30 a.m. Tuesday at the Galice Resort west of …
Fri, 11 Jun 2021 05:45:53 +0000
TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that became a litmus test for climate activism and was blocked by President Joe Biden. Calgary-based TC Energy said in a …
Fri, 11 Jun 2021 05:30:37 +0000
BRASILIA – A regional labor judge has ordered Brazilian miner Vale SA to pay 1 million reais ($197,240) in compensation to each of the families of 131 employees killed in the collapse of a mining dam in 2019. The disaster …
Fri, 11 Jun 2021 05:00:50 +0000
A South Carolina Supreme Court opinion published last week nullifies auto insurance policy provisions that “step down” the maximum payout in instances where the insured was committing a felony or attempting to flee a law enforcement officer. The 3-2 de...
Fri, 11 Jun 2021 05:00:25 +0000
The NFL says it plans to fund research into alternative pain medications to opioids, including potential studies on whether cannabis can effectively treat pain without having a negative effect on elite athletes. The league is offering $1 million in gra...
Fri, 11 Jun 2021 05:00:24 +0000
The U.S. Environmental Protection Agency (EPA) said on Thursday it would re-examine health standards for harmful soot that the previous Trump administration had left unchanged. This is the latest federal air and water regulation that the Biden administ...
Fri, 11 Jun 2021 05:00:09 +0000
A May 27 wildfire that destroyed or damaged 24 homes and threatened many other structures in the remote mining town of Bagdad was caused by construction equipment being used for road work, the Yavapai County Sheriff’s Office said. “This fire …
Fri, 11 Jun 2021 05:00:05 +0000
A civil lawsuit between Montana residents and an oil company that dragged on for more than a decade has ended quietly after a judge dismissed the case as a result of a settlement agreement. District Court Judge Katherine Bidegaray referenced …