Civil unrest incidents such as protests and riots are challenging terrorism as the main political risk exposure for companies. Recently, events such as the French “yellow vest” protests (insured losses around $90 million), as well as unrest in Chile (around …
EC3 Brokers has received a new investment from existing shareholder BP Marsh & Partners, which will take its holding in the broker to 35%. This investment will help London-based EC3 Brokers broaden its offering and attract entrepreneurial teams to develop …
The catastrophe risk modeling firm Karen Clark & Co. (KCC) has estimated that the insured loss to onshore properties from Hurricane Delta will be close to $1.25 billion, which includes $950 million wind and storm surge losses in the U.S. …
The Iowa Insurance Division has ordered Hole in Won LLC, Kevin Kolenda, Hole In Won.com, Hole in Won.com Worldwide, Golf Marketing Worldwide, Compliance HIW, and Amanda Penrose (respondents) to cease and desist acting as an insurer or insurance producer in …
A Black man who was led by a rope by two white officers on horseback has sued a southeast Texas city and its police department for $1 million, saying he suffered humiliation and fear during his arrest. A lawsuit filed …
Relation Insurance Services (Relation), a privately owned insurance brokerage that offers property/casualty, risk management, employee benefits, and TPA-consulting services through its family of brands across the United States, has acquired the assets of Muskogee, Oklahoma-based Lucht Insurance Group (Lucht). Terms …
The company that operates the IHG Army Hotel at Fort McCoy in Wisconsin will pay $60,000 to settle a disability discrimination lawsuit, federal regulators say. According to the lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), PML Services …
Kansas farmers are expected to harvest slightly less corn than last year. The U.S. Department of Agriculture said this year’s crop is forecast at just under 800 million bushels, down 2% from last year, The Hays Daily News reports. For …
An Ohio man who pleaded guilty on Oct. 5 to workers’ compensation fraud charges has been ordered to repay $141,578 in restitution and spend six months in jail, the Ohio Bureau of Workers’ Compensation (BWC) reported. Jeffrey Janson, 70, pleaded …
The owners of an Atlanta area housing site are illegally throwing out residents struggling to make ends meet amid the coronavirus pandemic and have failed to address roaches, bed bugs and other problems in those living accommodations, protesters and a …