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21 05, 2021

Washington Issues New Workplace Masking Guidelines

By | May 21st, 2021|Uncategorized|Comments Off on Washington Issues New Workplace Masking Guidelines

The Washington Department of Labor & Industries has updated state COVID-19 workplace safety and health guidance to help employers adapt masking policies to meet new CDC guidelines adopted by Gov. Jay Inslee. The updated guidance details steps employers must take …

20 05, 2021

Louisiana Private Flood Insurance Bill Returned to House from Senate

By | May 20th, 2021|Uncategorized|Comments Off on Louisiana Private Flood Insurance Bill Returned to House from Senate

A Louisiana bill that would make it easier for private flood insurance carriers to offer flood insurance in the state has been sent back to the House to contemplate amendments added by the Senate. House Bill 577, by Rep. Scott …

20 05, 2021

Square Pegs Becomes Castel Underwriting Cell, Offering Cover for Difficult SME Risks

By | May 20th, 2021|Uncategorized|Comments Off on Square Pegs Becomes Castel Underwriting Cell, Offering Cover for Difficult SME Risks

Square Pegs, which offers specialist insurance coverage for complex and unusual risks via a dedicated e-trading platform, has become a standalone underwriting cell within Castel Underwriting Agencies Ltd. Focused on small and medium sized enterprises, Square Pegs enables brokers to …

20 05, 2021

Insurer Aviva Will Close 3 UK Property Funds Hit by Pandemic Economic Turmoil

By | May 20th, 2021|Uncategorized|Comments Off on Insurer Aviva Will Close 3 UK Property Funds Hit by Pandemic Economic Turmoil

Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year due to market uncertainty as the pandemic hit Britain’s economy. “During this period of economic uncertainty, it has become increasingly …

20 05, 2021

Element Risk Management Acquires Pennsylvania’s Smith Insurance

By | May 20th, 2021|Uncategorized|Comments Off on Element Risk Management Acquires Pennsylvania’s Smith Insurance

Element Risk Management has acquired Smith Insurance with locations in Hershey and Williamstown, Pennsylvania. Smith Insurance was founded as a small insurance agency by James J. Smith in 1933. The agency was bought by Bruce Moore in 1983, and he …

20 05, 2021

Ex-Gynecologist in Virginia Gets 59 Years on Fraud Conviction

By | May 20th, 2021|Uncategorized|Comments Off on Ex-Gynecologist in Virginia Gets 59 Years on Fraud Conviction

A former gynecologist in Virginia who was convicted on fraud charges for performing unnecessary surgeries and procedures was sentenced Tuesday to 59 years in prison. Dr. Javaid Perwaiz also was ordered to pay $18.5 million to insurance companies that covered …

20 05, 2021

Insurance Development Forum Launches Project to Build Colombian Climate Resilience

By | May 20th, 2021|Uncategorized|Comments Off on Insurance Development Forum Launches Project to Build Colombian Climate Resilience

The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, has launched a program to develop a parametric flood and earthquake product, as well as indemnity landslide protection in Colombia. The IDF, …

16 05, 2021

What Experts Are Saying About Pipeline Attack and Cyber Insurance

By | May 16th, 2021|Uncategorized|Comments Off on What Experts Are Saying About Pipeline Attack and Cyber Insurance

Here is what AM Best, Fitch Ratings and CyberCube think about the recent ransomware attack that shut down Colonial Pipeline: AM Best: Spotlight on Cyber Insurance The ransomware attack on one of the largest pipelines in the United States highlights …

18 05, 2021

New Civil Trial Ordered in 2015 N.D. Crash that Brought $1B Jury Award

By | May 18th, 2021|Uncategorized|Comments Off on New Civil Trial Ordered in 2015 N.D. Crash that Brought $1B Jury Award

The North Dakota Supreme Court has ordered a new civil trial for a driver who caused a Bismarck expressway crash that killed two women, injured a third and produced a jury award of more than $1 billion in damages. The …

18 05, 2021

Nearly 800 Residents to Sue Wisconsin City Over PFAS Contamination

By | May 18th, 2021|Uncategorized|Comments Off on Nearly 800 Residents to Sue Wisconsin City Over PFAS Contamination

Nearly 800 residents of French Island plan to sue the city of La Crosse, Wisconsin, stemming from contamination of private drinking water wells from chemicals known as PFAS, a move that could expose the city to up to more than …