December 9, 2019
Lasyone Insurance Agency
Tue, 10 Dec 2019 05:12:18 +0000
A Growing Agency With a Small Business Feel Florida-based Acentria Insurance has been busy since its founding by industry veteran Kendall McEachern in 2010. The personal and commercial lines agency has acquired several agencies and now has 50 locations...
Tue, 10 Dec 2019 03:01:20 +0000
Canadian regulators have approved the sale of Genworth Financial Inc.’s majority stake in its Canadian unit to asset manager Brookfield Business Partners, the companies said on Monday. Genworth said in October that regulators were scrutinizing the sale...
Tue, 10 Dec 2019 02:53:26 +0000
Eight people were missing and presumed dead on Tuesday after a volcanic eruption covered a small New Zealand island popular with tourists in hot ash and steam, killing five people and seriously injuring about 30 more. Prime Minister Jacinda Ardern …
Tue, 10 Dec 2019 01:11:42 +0000
A.M. Best has maintained a market segment outlook of stable on the U.S. personal lines industry for 2020, citing a significant decline in catastrophe activity, profitable underwriting performance in the private passenger auto segment and the sector’s o...
Mon, 09 Dec 2019 22:43:11 +0000
A Federal Way, Wash., man faces a felony theft charge after state investigators caught him working on a roof, despite the fact he was getting workers’ comp payments and claiming he was too injured to work. José Guadalupe Sanchez, 49, …
Mon, 09 Dec 2019 22:36:14 +0000
Investigators from the California Department of Insurance, San Diego County District Attorney’s Office, and the California Highway Patrol have arrested four suspects for alleged involvement in an organized auto fraud ring reportedly costing insurers $5...
Mon, 09 Dec 2019 17:57:42 +0000
More property owners in coastal Georgia’s largest county will be billed for fire protection after a change by a local fire department. Chatham Fire Department provides fire protection in unincorporated areas outside Savannah. It will begin sending subs...
Mon, 09 Dec 2019 17:49:10 +0000
Neptune Flood, based in St. Petersburg Fla., has realigned its leadership team, announcing that its CEO and chairman are switching roles. Trevor Burgess will assume the role of CEO and Jim Albert will take on the role of chairman in …
Mon, 09 Dec 2019 16:15:16 +0000
The U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that the state has said that members of the Sackler family – owners of Purdue Pharma LP – funneled out of …
Mon, 09 Dec 2019 16:06:24 +0000
A fire at a Houston, Texas-area petrochemical storage facility that burned for days in March was accidental and caused by equipment failure at a storage tank, according to a report released Friday by local and federal investigators. The report by …
Mon, 09 Dec 2019 15:58:06 +0000
PG&E Corp. surged on the strength of a Friday announcement it had secured a $13.5 billion settlement with victims of wildfires ignited by its power lines, a step toward resolving the biggest utility bankruptcy in U.S. history. The agreement will …
Mon, 09 Dec 2019 15:53:04 +0000
U.S. commercial insurance prices accelerated during the third quarter of 2019, as the aggregate price change reported by carriers exceeded 4%, according to insurance broker Willis Towers Watson. WTS’s Commercial Lines Insurance Pricing Survey (CLIPS) s...
Mon, 09 Dec 2019 14:58:42 +0000
Efforts to curtail impaired driving and related accidents by repeat offenders on the road should address the underlying problems prompting the unsafe behavior, according to a new report from state highway officials and the liquor industry’s drunk drivi...
Mon, 09 Dec 2019 14:37:02 +0000
The market outlook on the U.S. commercial lines industry for 2020 is stable. according to analysts at ratings firm A.M. Best who cite “improved market conditions and solid levels of risk-adjusted capitalization that have helped insurers weather short-t...
Mon, 09 Dec 2019 14:18:14 +0000
The driver of a Tesla says the car was on autopilot when it struck a police cruiser and a disabled vehicle on Saturday in Connecticut, according to State Police. State Police said troopers responded to Interstate 95 northbound early Saturday …
Mon, 09 Dec 2019 14:08:52 +0000
A lawsuit filed by the family of a girl who suffered a brain injury after she was shocked by an electrified handrail at a resort near the nation’s capital has been resolved. The Washington Post reports that court filings submitted …
Mon, 09 Dec 2019 13:53:53 +0000
Specialty insurer Brit Ltd. has launched Sussex Specialty Insurance Fund to offer insurance linked securities (ILS) investors access to Lloyd’s risk. It is the first ILS fund in the Lloyd’s of London market. The SIF will allow Sussex to offer …
Mon, 09 Dec 2019 13:02:54 +0000
EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control prices to take into account globalization and digitalisation, Europe’s antitrust chief Margrethe Vestager said on Monday. Her...
Mon, 09 Dec 2019 12:53:18 +0000
The U.S. Supreme Court on Friday agreed to decide whether the state of Delaware’s system of requiring ideologically balanced courts is lawful. The nine justices will hear the state’s appeal of an April ruling by the Philadelphia-based 3rd U.S. Circuit …
Mon, 09 Dec 2019 12:47:51 +0000
New Zealand police said early on Tuesday they did not expect to find any more survivors from a volcanic eruption that killed at least five people, injured up to 20 and left an unknown number unaccounted for. The volcano, off …
Mon, 09 Dec 2019 12:30:28 +0000
A day after Uber revealed that more than 3,000 riders and drivers were sexually assaulted last year while using its service, attention is turning to what’s next for the ride-hailing giant and whether its plans to improve safety go far …
Mon, 09 Dec 2019 07:08:03 +0000
A federal judge has ruled that an 1851 maritime law does not protect a company from making payments to families of people aboard a tourist boat that sank on a Missouri lake, killing 17 people. After the July 2018 sinking …
Mon, 09 Dec 2019 06:54:16 +0000
National wholesale insurance broker, managing general agent and program underwriter, Worldwide Facilities, has added Nicole Rickett to the Chicago/Atlanta Transportation Team as a vice president. Rickett has been in the insurance business for nearly 20...
Mon, 09 Dec 2019 06:46:32 +0000
Federal workplace safety regulators have proposed just over $205,000 in penalties against a Missouri-based roofing contractor for exposing employees to fall hazards at three separate work sites. The U.S. Department of Labor’s Occupational Safety and He...
Mon, 09 Dec 2019 06:25:32 +0000
St. Louis, Missouri-based Safety National, through its annual Safety First Grant Program, has awarded three policyholders for their creative risk control solutions. The first-place grant, in the amount of $10,000, was awarded to Yale University to host...
Mon, 09 Dec 2019 06:16:31 +0000
A federal judge has approved a historic settlement agreement between Taiwan-based plastics manufacturer Formosa and an environmental activist represented by indigent legal services nonprofit Texas Rio Grande Legal Aid. TRLA said the $50 million settlem...
Mon, 09 Dec 2019 06:14:38 +0000
Firefighters battled hot spots at a south Georgia peanut warehouse on Thursday, more than a day after the blaze began. Coffee County Fire Chief Steve Carver told The Associated Press that firefighters arrived at the warehouse in Douglas to find …
Mon, 09 Dec 2019 06:07:33 +0000
New scientific projections released Wednesday predict that ocean levels will rise even faster than previously forecast over the next four decades in low-lying southeastern Florida, which is already prone to frequent flooding even on sunny days. Compare...
Mon, 09 Dec 2019 06:00:49 +0000
The mother of a middle schooler is suing the district, saying her wheelchair-bound son fell and fractured his thigh bones and school staff didn’t tell her until three days later. The Oregonian/OregonLive reports Sherry Schregardus said her son Devin has …
Mon, 09 Dec 2019 06:00:47 +0000
Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition. As Facebook’s plan for its Libra “stablecoin” faces scrutiny, a global...