January 25, 2022
Lasyone Insurance Agency
Tue, 25 Jan 2022 10:30:36 +0000
A chemical explosion on Jan. 21 at a northern Illinois manufacturing plant killed one person and left another critically injured, authorities said. The incident occurred about 10:45 a.m. when two employees at the W. R. Meadows building materials plant ...
Tue, 25 Jan 2022 09:43:26 +0000
A group of the world’s largest asset owners managing $10.4 trillion said on Tuesday they would step up their response to climate change and aimed to at least halve carbon emissions from their investment portfolios by 2030. The 69 members …
Tue, 25 Jan 2022 09:35:46 +0000
Three regional cyber conflicts could lead to infrastructure attacks and damaging cyber espionage in 2022, a new report from cyber analytics company CyberCube says. The current cyber landscape, cyber hostilities between Israel and Iran, India and Pakist...
Tue, 25 Jan 2022 09:15:05 +0000
Missouri Gov. Mike Parson wants to spend $10.4 million to create a new office that would help the state better prepare for floods and drought. Missouri Department of Natural Resources spokeswoman Connie Patterson told the St. Louis Post-Dispatch that c...
Tue, 25 Jan 2022 08:44:25 +0000
DUBAI, United Arab Emirates (AP) – The United Arab Emirates has banned the flying of drones in the country for recreation after Yemen’s Houthi rebels claimed a fatal drone attack on an oil facility and major airport in the country. …
Tue, 25 Jan 2022 08:20:26 +0000
A levee system that protects Terrebonne and parts of Lafourche from Gulf of Mexico hurricanes will receive $379 million in federal money from the infrastructure bill passed by Congress, officials said Jan. 19. U.S. Sen. Bill Cassidy, R-La., said the …
Tue, 25 Jan 2022 08:13:04 +0000
An Illinois pizza manufacturer could be forced to pay $145,000 in penalties after a worker suffered a fatal injury while cleaning a machine in July 2021. A U.S. Department of Labor Occupational Safety and Health Administration inspection found that Rich …
Tue, 25 Jan 2022 06:00:50 +0000
Pennsylvania-based Element Risk Management has acquired two Pennsylvania insurance agencies and another in Virginia, The Pennsylvania agencies are W.S. Hoffman Insurance located in Phoenixville, and L&B Insurance and Financial Services, located in Coll...
Tue, 25 Jan 2022 06:00:45 +0000
Forty-five new captive insurance companies were licensed this past year in Vermont, making 2021 Vermont’s fourth highest year of growth in its 40-year history. Vermont is now home to 620 licensed captives, consisting of 589 active and 31 dormant captiv...
Tue, 25 Jan 2022 06:00:31 +0000
Texas, Indiana, Washington State and the District of Columbia sued Alphabet Inc.’s Google on Monday over what they called deceptive location-tracking practices that invade users’ privacy. “Google falsely led consumers to believe that changing their acc...
Tue, 25 Jan 2022 06:00:05 +0000
Amazon.com Inc .on Monday reported injury figures for 2020 showing worse-than-average safety rates in its U.S. warehouses but a better record than peers in delivery. The online retailer also said staff injuries and illnesses globally that resulted in t...
Mon, 24 Jan 2022 17:58:32 +0000
Louisiana Insurance Commissioner Jim Donelon has placed a homeowners insurance company in receivership after the insurer suffered losses from the combination of Hurricanes Laura, Delta and Zeta in 2020 and Hurricane Ida in 2021. Americas Insurance Comp...
Mon, 24 Jan 2022 17:27:40 +0000
Sarah Palin, the 2008 Republican U.S. vice presidential candidate and former Alaska governor, has tested positive for the coronavirus, forcing a U.S. judge on Monday to delay her defamation trial against The New York Times. Jury selection and opening s...
Mon, 24 Jan 2022 17:22:22 +0000
Brown & Brown Names Batta, Raveling, Kusserelis to Key Posts Brown & Brown, a national insurance brokerage firm, has elevated three people to senior leadership positions, the company announced. Anurag Batta, who previously was chief operating officer a...
Mon, 24 Jan 2022 17:18:42 +0000
A worker on a crew replacing corroded grating on an oil platform wasn’t wearing his safety lifeline when he fell to his death off Louisiana in May 2020, the federal offshore safety agency says. The man stood on grating after …
Mon, 24 Jan 2022 17:13:34 +0000
Pen Underwriting announced two new long-term UK capacity deals with QBE in the highly specialist areas of public authority and higher education risks, as well as hazardous goods, environmental industries and tanker transportation. The renewed agreement...
Mon, 24 Jan 2022 17:09:04 +0000
USI Insurance Services has acquired Longview, Texas-based D&H Risk Services LLC. Founded in 1936, D&H Risk Services is an independent risk management and employee benefits agency serving businesses and individuals throughout Texas. Terms of the transac...
Mon, 24 Jan 2022 16:36:41 +0000
This edition of International People Moves details appointments at Marsh, Willis Towers Watson (WTW) and Aon. A summary of these new hires follows here. Marsh Promotes Payne to UK Chair of FINPRO, Morgan as Head of Professional Liability Insurance brok...
Mon, 24 Jan 2022 16:30:45 +0000
Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately 330 team members throughout its business. Co-Founder and CEO Alex Timm in an emailed statement cited pandemi...
Mon, 24 Jan 2022 16:22:45 +0000
A federal judge in Tampa has ordered a roofing contractor to revise its lawsuit complaint, which alleges racketeering law violations against United Property & Casualty Co., after the original complaint failed to meet federal court rules. “Upon review, ...
Mon, 24 Jan 2022 15:44:45 +0000
Hundreds of residents remained evacuated Sunday as crews battled a wildfire in rugged mountains along the California coast that forced the closure of the main roadway near Big Sur. One structure, a yurt, was destroyed by the blaze that broke …
Mon, 24 Jan 2022 15:35:52 +0000
Berkley One has expanded its personal insurance portfolio to Utah. Berkley One is also expanding into Maine. Berkley One Classics collector vehicle coverage is also launching in Montana, Utah and Wyoming. In Utah and Maine, Berkley One is now offering …
Mon, 24 Jan 2022 15:31:33 +0000
Western National Mutual Insurance Co. and Alfa Insurance announced an agreement for Alfa to purchase Legacy Insurance Services Inc. in Arizona. The deal is pending final regulatory approval. Alfa is acquiring the Legacy and Arizona Auto Insurance Co. e...
Mon, 24 Jan 2022 15:16:26 +0000
Thanks to an unexpectedly large state budget surplus for 2021, Georgia’s governor wants to pay off a $150 million backlog of workers’ compensation benefits due to state employees. Gov. Brian Kemp’s budget director said last week that the surplus, partly …
Mon, 24 Jan 2022 14:57:29 +0000
The West Virginia Senate appears poised to pass a bill that would create a mutual insurance company dedicated to coal mine reclamation costs. Senate Bill 1, backed by Senate President Craig Blair, would help the state avoid what Blair has …
Mon, 24 Jan 2022 14:53:17 +0000
Secondary peril events such as wildfires, tornadoes and severe thunderstorms are becoming more impactful and generating an increasingly larger amount of insured losses, affecting the bottom lines of personal and commercial lines property underwriters. ...
Mon, 24 Jan 2022 13:50:52 +0000
NFP Realigns Its Northeast Region Leadership, Appoints Henry and Walsh Co-Presidents Insurance broker NFP announced Kate Henry and Mike Walsh have become co-presidents of its Northeast region. As part of this leadership realignment, Henry and Walsh suc...
Mon, 24 Jan 2022 13:22:18 +0000
A judge has dismissed Ocean City from a federal lawsuit over a beach umbrella getting caught in the wind and impaling a woman. The lawsuit filed in June 2021 claimed that negligence on the part of the town and the …
Mon, 24 Jan 2022 12:09:48 +0000
The operator of Japan’s crippled Fukushima nuclear power plant has found that a coolant solution, used to create an ice wall halting the seepage of groundwater into reactor buildings, has leaked from two storage tanks. The leakage has had no …
Mon, 24 Jan 2022 11:34:21 +0000
Leading British asset manager Aviva Investors plans to push boards for greater action on biodiversity and human rights so that companies consider “the whole picture of sustainability.” Alongside climate change, a core focus for most investors, Aviva’s ...