August 9, 2020
Lasyone Insurance Agency
Sun, 09 Aug 2020 12:30:14 +0000
The Air India Express jet that overshot the runway on Friday, killing at least 18 people, had touched down too far along the airstrip, the chief of India’s aviation regulator said amid ongoing investigations. Arun Kumar, director general for civil …
Sun, 09 Aug 2020 11:32:48 +0000
Insured losses from the Beirut port warehouse explosion are likely to total around $3 billion, similar to those from an explosion at the Chinese port of Tianjin in 2015, industry sources and analysts say. The blast on Tuesday, the biggest …
Fri, 07 Aug 2020 21:17:16 +0000
A federal appeals panel has upheld the dismissal of a wrongful death lawsuit filed by the family of a woman who died when the car she was riding in drove off a Forest Service road and into an abandoned mine …
Fri, 07 Aug 2020 21:14:25 +0000
Operators of eight fitness centers in Eastern Washington face fines totaling more than $77,000 for being open in violation of the state’s Safe Start order. The Washington State Department of Labor & Industries recently cited the companies for potential...
Fri, 07 Aug 2020 21:10:06 +0000
California Insurance Commissioner Ricardo Lara this week announced a settlement agreement with AbbVie Inc. to resolve a lawsuit alleging violations of the California Insurance Frauds Prevention Act involving the marketing of blockbuster prescription dr...
Fri, 07 Aug 2020 15:58:12 +0000
Major League Baseball is cracking down on coronavirus safety protocols, mandating that players and staff wear face coverings at all times, including in the dugouts and bullpens, except for players on the field of play. The league sent a memo …
Fri, 07 Aug 2020 15:56:22 +0000
A new risk to global supply chains is emerging as exhausted seafarers stuck offshore for months halt work, a breaking point caused by restrictions on crew changes amid coronavirus precautions. Three vessels are idled in Australia after crews who worked …
Fri, 07 Aug 2020 15:40:14 +0000
Last month was the world’s third-hottest July on record, new data show — the latest milestone in a global warming trend that has seen the three hottest Julys within the last five years. With the heat has come a high …
Fri, 07 Aug 2020 15:22:43 +0000
South Africa’s financial watchdog is consulting with lawyers and the insurance industry on a potential test case to clarify whether insurers should pay rejected claims from firms hit by the impact of the coronavirus, it told Reuters on Thursday. Several …
Fri, 07 Aug 2020 15:00:40 +0000
After more than 30 years at Hannover Re, Chief Financial Officer Roland Vogel (60) will retire on Sept. 30, 2020. He will be succeeded by Clemens Jungsthöfel, currently chief financial officer of HDI Global SE. Jungsthöfel, in turn, will be …
Fri, 07 Aug 2020 14:54:14 +0000
Capital One Financial Corp will pay an $80 million penalty to a U.S. bank regulator after the bank suffered a massive data breach one year ago. The fine, announced Thursday by the Office of the Comptroller of the Currency, punishes …
Fri, 07 Aug 2020 14:53:33 +0000
Indiana has surpassed 68,000 confirmed COVID-19 virus cases. The state’s health department said this week that 582 additional people have been diagnosed with the disease, bringing Indiana’s total to 68,433. Confirmed deaths due to complications from th...
Fri, 07 Aug 2020 14:43:54 +0000
The U.S. Federal Aviation Administration on Wednesday said it was proposing to fine Boeing Co. $1.25 million after the agency alleged Boeing managers at its South Carolina plant exerted undue pressure on workers who handle safety oversight work on beha...
Fri, 07 Aug 2020 14:42:49 +0000
The three men who filed a lawsuit over a 2011 shooting by an off-duty police officer working security at a Little Rock mall have reached a settlement in the case, but the details of the agreement haven’t been released. Christopher …
Fri, 07 Aug 2020 14:41:18 +0000
Arkansas this week reported 912 new confirmed cases of the coronavirus and 18 more people in the state have died from the illness caused by the virus. The Department of Health said at least 46,293 people in the state have …
Fri, 07 Aug 2020 14:39:30 +0000
Since returning to their classrooms to prepare for the opening of in-person instruction next week, a “handful” of Jefferson Parish teachers have tested positive for the coronavirus, a newspaper reported this week, citing school officials. The exact num...
Fri, 07 Aug 2020 14:34:12 +0000
Americans are becoming less comfortable with the idea of driverless transportation. A new report from an American Automobile Association (AAA) indicates that consumer trust in these vehicles has quickly eroded over the past few years. Today, three-quar...
Fri, 07 Aug 2020 14:31:35 +0000
Nevada lawmakers voted to shield certain industries from coronavirus-related legal liability and require hotels and casinos to enact worker protection measures after days of complicated negotiations with Gov. Steve Sisolak’s office and the state’s most...
Fri, 07 Aug 2020 13:47:36 +0000
Tropical Storm Isaias produced tornado activity, heavy rain and flooding, hail and strong winds throughout Delaware, causing significant destruction in several Delaware communities, according to a press release issued by the Delaware Insurance Departme...
Fri, 07 Aug 2020 13:43:50 +0000
The Virginia State Corporation Commission’s (SCC) Bureau of Insurance is encouraging policyholders that sustained property damage from Tropical Storm Isaias to contact their insurance company or agent as soon as possible to file a claim. The Bureau is ...
Fri, 07 Aug 2020 12:59:21 +0000
Following a previous announcement on June 5, 2020, Randall & Quilter Investment Holdings Ltd.’s (R&Q) wholly owned Vermont subsidiary, ICDC Ltd, has completed the acquisition of NationsBuilders Insurance Company (NBIC), a Washington D.C.-domiciled capt...
Fri, 07 Aug 2020 12:47:39 +0000
The insurance industry has notched another victory in its defense of its commercial insurance policies against claims for business interruption due to the coronavirus. In a case brought by the owner of several restaurants against its insurer over busin...
Fri, 07 Aug 2020 10:27:45 +0000
Australia will spend A$1.66 billion ($1.19 billion) over the next 10 years to strengthen the cyber defenses of companies and households after a rise in cyber attacks, Prime Minister Scott Morrison said on Thursday. Cyber attacks on businesses and house...
Fri, 07 Aug 2020 09:16:46 +0000
Third Point Reinsurance and Sirius International Insurance Group, a global multi-line insurer and reinsurer, announced they have entered into a definitive agreement for Third Point Re and Sirius Group to combine in a cash and stock transaction worth $7...
Fri, 07 Aug 2020 06:36:38 +0000
World Insurance Associates LLC (WIA) acquired Novak Agency Insurors of Largo, Fla., on June 1, 2020. Terms of the transaction were not disclosed. Novak Agency Insurors will be managed out of WIA’s Saint Petersburg office by Gregory D. Leifer, principal …
Fri, 07 Aug 2020 06:36:08 +0000
Residents near a middle Georgia power plant are suing Georgia Power Co., alleging the plant is poisoning their well water. The suit filed Wednesday in Fulton County Superior Court alleges the electric utility has illegally released toxic heavy metals f...
Fri, 07 Aug 2020 06:33:46 +0000
Six construction workers were injured Wednesday when a large piece of steel rebar fell from a crane and impaled two workers at a Miami construction site. Emergency crews had to cut through the steel to free some of the workers. …
Fri, 07 Aug 2020 06:24:23 +0000
Palomar Insurance has added Austin Golson to its sales team as an account executive, specializing in the transportation industry. Golson is licensed in property & casualty insurance has experience in transportation and commercial industries. He previou...
Fri, 07 Aug 2020 05:43:11 +0000
The Diocese of Covington has released a report on sexual abuse that found 59 Catholic priests and 31 others associated with the church have sexually abused children since the 1950s. The report was released Friday on the diocese website along …
Fri, 07 Aug 2020 05:00:50 +0000
A New Jersey appeals court’s decision to revive two lawsuits accusing Johnson & Johnson’s iconic Baby Powder of causing cancer may lead to the reinstatement of about 1,000 suits targeting the talc-based product. A three-judge panel of the New Jersey …