July 3, 2022
Lasyone Insurance Agency
Fri, 01 Jul 2022 16:30:31 +0000
This edition of International People Moves details appointments at Verisk and Munich Re. A summary of these new hires follows here. Verisk Promotes Rayner to President of Specialty Business Solutions Verisk, the global data analytics provider, announce...
Fri, 01 Jul 2022 16:23:38 +0000
It has been a few years. Policyholders may have forgotten about that last barbeque mishap in their backyard. Maybe the memory has gotten hazy about that one time their college roommate drove home when they should not have. Perhaps their …
Fri, 01 Jul 2022 16:17:59 +0000
Several Alabama and Georgia laws that could indirectly affect property, liability and workers’ compensation insurance take effect today, July 1. Alabama House Bill 108 requires the state Elevator Safety Review Board to review, within 12 months of their...
Fri, 01 Jul 2022 16:00:53 +0000
The second-biggest U.S. liquefied natural gas export facility hit by fire earlier this month will not be allowed to repair or restart operations until it addresses risks to public safety, a pipeline regulator said on Thursday. The June 8 blast …
Fri, 01 Jul 2022 15:46:48 +0000
Insurance technology vendor Vertafore reports that it has acquired MGA Systems, a provider of software for managing general agencies based in Melville, New York. Vertafore said the acquisition gives its customers access to policy administration and rat...
Fri, 01 Jul 2022 15:45:28 +0000
The new head of the government’s road safety agency says it will intensify efforts to understand the risks posed by automated vehicle technology, so it can decide what regulations may be necessary to protect drivers, passengers and pedestrians. In an …
Fri, 01 Jul 2022 15:45:25 +0000
Tropical Storm Bonnie formed in the Caribbean east of Nicaragua, a dangerous system that threatens a potential humanitarian crisis but isn’t a major threat to oil and gas production in the Gulf of Mexico. With winds of 40 miles (64 …
Fri, 01 Jul 2022 15:36:23 +0000
The Supreme Court declined on Thursday to take up a case involving a COVID-19 vaccine requirement for health care workers in New York that does not offer an exemption for religious reasons. The court’s action follows a decision in December …
Fri, 01 Jul 2022 15:32:57 +0000
Property reinsurance rates rose by as much as 50% in Florida at July 1 renewals and by up to 40% in the United States overall, reinsurance broker Gallagher Re said on Friday, as reinsurers grappled with higher inflation and natural …
Fri, 01 Jul 2022 15:00:51 +0000
Two workers were presumed dead after a trench they were digging for a sewer line in Texas on Tuesday collapsed and buried them, officials said. The workers were digging a 24-foot-deep (7-meter-deep) in new subdivision under development in Jarrell, about …
Fri, 01 Jul 2022 14:50:10 +0000
An Ohio aluminum vehicle parts manufacturer cited for safety and health violations after a worker in Ravenna suffered fatal injuries in March 2021, continues to put workers at risk. The U.S. Department of Labor’s Occupational Safety and Health Administ...
Fri, 01 Jul 2022 14:46:48 +0000
An Amtrak passenger train was going about 87 mph (140 kph) when it collided with a dump truck at a rural Missouri railway crossing, killing four people, an official with the National Transportation Safety Board said Wednesday. The speed limit …
Fri, 01 Jul 2022 14:42:03 +0000
State-controlled Russian National Reinsurance Co. (RNRC) is covering nearly all reinsurance of domestic business, its president said on Friday, as foreign insurance firms withdrew their coverage following Western sanctions. “I can say that of today, ne...
Fri, 01 Jul 2022 14:34:05 +0000
Safety improvement requirements to prevent injury or death from elevators inside North Carolina vacation cottages and short-term rentals received final legislative approval on Wednesday. The House voted unanimously to accept a version of legislation pa...
Fri, 01 Jul 2022 14:29:07 +0000
Cain Velasquez, the former UFC heavyweight champion accused of trying to kill the man he claims molested his 4-year-old son, is suing the man and his family who own a day care where the alleged molestation occurred. Velasquez was arrested …
Fri, 01 Jul 2022 14:23:17 +0000
The Supreme Court on Wednesday allowed a former state trooper to sue Texas over his claim that he was forced out of his job when he returned from Army service in Iraq. The justices ruled for Army veteran Le Roy …
Fri, 01 Jul 2022 14:10:33 +0000
Extreme weather events – from scorching heatwaves to unusually heavy downpours – have caused widespread upheaval across the globe this year, with thousands of people killed and millions more displaced. In the last three months, monsoon rains unleas...
Fri, 01 Jul 2022 13:50:41 +0000
For the first time since the devastating U.S. hurricanes of 2004 and 2005, property-catastrophe capacity contracted during the June/July reinsurance renewal period, Aon said in a new report released yesterday. While the reinsurance market remained stab...
Fri, 01 Jul 2022 13:10:35 +0000
The supermarket chain Wegmans agreed to pay $400,000 and upgrade its security practices over a data breach that exposed personal information of more than 3 million consumers nationwide, New York Attorney General Letitia James said on Thursday. Wegmans ...
Fri, 01 Jul 2022 12:30:57 +0000
Fifteen Black former or current employees at Tesla filed a lawsuit against the electric car maker on Thursday, alleging they were subjected to racial abuse and harassment at its factories. The workers said they were subjected to offensive racist commen...
Fri, 01 Jul 2022 12:12:00 +0000
Coughlin, Inc., a Vermont-based company that owns 10 McDonald’s franchise restaurants in Vermont and New Hampshire, will pay $1,600,000 and furnish other relief to settle a sex discrimination and retaliation lawsuit filed by the Equal Employment Opport...
Fri, 01 Jul 2022 12:11:49 +0000
The Board of Convex Group Ltd., the Bermuda-based specialty re/insurer, announced that Paul Brand, who founded the business in 2019 with Stephen Catlin, will become group CEO with effect from July 1, 2022. Brand has been deputy CEO since Convex …
Fri, 01 Jul 2022 05:45:17 +0000
ESG investment strategies are being probed for deceptive labeling, criticized for excluding firms like Tesla Inc. and questioned as to whether they actually work. All this, some sustainable fund managers said, could be a good thing. Tough scrutiny of l...
Fri, 01 Jul 2022 05:26:15 +0000
Conservative justices power 6-3 ruling; liberals dissent Ruling curbs EPA ability to regulate power plant emissions Biden vows to tackle climate change despite the ruling The U.S. Supreme Court on Thursday imposed limits on the federal government’s aut...
Fri, 01 Jul 2022 05:01:46 +0000
Florida property insurers have another cost increase to manage after the Florida Hurricane Catastrophe Fund was approved for a premium increase. The fund’s governing body, the State Board of Administration, this month gave final approval to the formula...
Fri, 01 Jul 2022 05:01:36 +0000
Eight months after it stopped renewing homeowners and rental property policies in Florida, Progressive Insurance announced it will now stop writing new dwelling-fire business in the distressed Florida market. “To ensure a long-term future in Florida, P...
Fri, 01 Jul 2022 05:00:38 +0000
Matt Neidlinger crested the hill of a narrow, twisty state road and found a nasty surprise waiting for him at the bottom. The ditch was a couple of feet wide and spanned both lanes, and Neidlinger barely had time to …
Fri, 01 Jul 2022 05:00:17 +0000
THURMONT, Md. (AP) —Crews battled a fire at an overnight summer camp in western Maryland on Wednesday morning, but no injuries were reported, officials said. Firefighters were initially dispatched around 7:30 a.m. for a report of a fire in a …
Fri, 01 Jul 2022 05:00:14 +0000
Monterey, California-based Capital Insurance Group named Victor Foggie director of field operations. Foggie will oversee CIG’s regional field executives in addition to the home office commercial lines unit. He will oversee production in CIG’s four regi...
Thu, 30 Jun 2022 18:08:04 +0000
PCF Insurance Services acquired Utah-based property/casualty managing general agent United Underwriters. United Underwriters offers agencies across the Western United States P/C MGA services and programs including homeowners, renters, dwelling, commerc...