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24 11, 2020

Minnesota Fraud Bureau: Insurance Fraud Referrals Up in 2019 but not for Agents

By | November 24th, 2020|Uncategorized|Comments Off on Minnesota Fraud Bureau: Insurance Fraud Referrals Up in 2019 but not for Agents

While Minnesota insurance regulators saw an uptick in the number of fraud case referrals during 2019, agent and broker fraud referrals were down significantly that year, the most recent for which insurance fraud statistics for the state are available. In …

24 11, 2020

Usage-Based Insurer Metromile to Become Public Company

By | November 24th, 2020|Uncategorized|Comments Off on Usage-Based Insurer Metromile to Become Public Company

Metromile Inc., the pay-per-mile auto insurer, has reached a deal to go public by merging with Insu Acquisition Corp. II (Insu II), a special purpose acquisition company (SPAC). The merger will result in Metromile becoming a publicly listed company without …

24 11, 2020

Louisiana Ag Commissioner Pushing Farmers, Ranchers to Apply for Virus Aid

By | November 24th, 2020|Uncategorized|Comments Off on Louisiana Ag Commissioner Pushing Farmers, Ranchers to Apply for Virus Aid

Louisiana’s agriculture commissioner is urging the state’s farmers and ranchers to turn in their applications for federal coronavirus assistance ahead of next month’s deadline, and he’s worried some who are eligible may be missing out on available aid. The U.S. …

24 11, 2020

Louisiana Virus Aid Funds Run Low with Small Business, Local Requests Unmet

By | November 24th, 2020|Uncategorized|Comments Off on Louisiana Virus Aid Funds Run Low with Small Business, Local Requests Unmet

Louisiana will run out of federal coronavirus money before it pays out grants to all eligible small businesses and local government agencies seeking dollars from COVID-19 aid programs created by Gov. John Bel Edwards and lawmakers. Officials running the programs …

24 11, 2020

No-Deal Brexit Would Cause More Damage to UK than COVID: BoE’s Bailey

By | November 24th, 2020|Uncategorized|Comments Off on No-Deal Brexit Would Cause More Damage to UK than COVID: BoE’s Bailey

Bank of England Governor Andrew Bailey said on Monday a no-deal Brexit would cause longer-term damage to Britain’s economy than the COVID-19 pandemic, and the impact of the change might be felt for decades. “Well, I think the long-term effects …

24 11, 2020

Coal Financing Drying Up as More Countries Target Zero Carbon Emissions

By | November 24th, 2020|Uncategorized|Comments Off on Coal Financing Drying Up as More Countries Target Zero Carbon Emissions

TOKYO – Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world, participants at Asia’s biggest gathering of the coal industry said on Tuesday. The …

23 11, 2020

Praedicat Develops Insurance Tool for COVID-19 Liability

By | November 23rd, 2020|Uncategorized|Comments Off on Praedicat Develops Insurance Tool for COVID-19 Liability

Praedicat, the Los Angeles-based liability emerging risk modeling firm, has developed an insurance tool for the casualty insurance market, which allows insurers to track exposures, establish reserves, and manage aggregations in the face of this generation’s largest emerging risk, the …

24 11, 2020

Alabama Insurance Department Launches New Website

By | November 24th, 2020|Uncategorized|Comments Off on Alabama Insurance Department Launches New Website

The Alabama Department of Insurance (ALDOI) has launched a newly designed website that features a new layout and simplified navigation and is also mobile-friendly. “We are thrilled to debut our new department website” said Insurance Commissioner Jim Ridling. “We believe …

23 11, 2020

Best Agency to Work For East: William A. Smith & Son Insurance

By | November 23rd, 2020|Uncategorized|Comments Off on Best Agency to Work For East: William A. Smith & Son Insurance

Not all insurance agents are created equal. At least that’s what William A. Smith & Son Insurance states on its website, a claim that serves as a testament to the agency’s mission of serving clients and employees through strong communication …

23 11, 2020

Johnson & Johnson to Pay $120 Million in NY Baby Powder Case

By | November 23rd, 2020|Uncategorized|Comments Off on Johnson & Johnson to Pay $120 Million in NY Baby Powder Case

Johnson & Johnson has been ordered by a New York state judge to pay $120 million in damages to a Brooklyn woman and her husband, after she blamed her cancer on asbestos exposure from using the company’s baby powder. Justice …