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2 10, 2020

Business Continuity Firm Agility Recovery Acquires Chicago’s Recovery Solutions

By | October 2nd, 2020|Uncategorized|Comments Off on Business Continuity Firm Agility Recovery Acquires Chicago’s Recovery Solutions

Agility Recovery, a Denver-based provider of business continuity services for banking and insurance companies, has acquired Chicago, Illinois-based Recovery Solutions. Recovery Solutions delivers audit-ready and Federal Financial Institutions Examination Council compliant business continuity services that help companies protect their people, …

2 10, 2020

Everest Insurance Appoints Harnett, Nikodem and Lightbown to Key Underwriting Posts

By | October 2nd, 2020|Uncategorized|Comments Off on Everest Insurance Appoints Harnett, Nikodem and Lightbown to Key Underwriting Posts

Everest Insurance announced today three executive appointments in its underwriting leadership. Mike Harnett has been named chief underwriting officer for North America; Erik Nikodem has been appointed global head of Property and Neil Lightbown is joining the organization as chief …

2 10, 2020

Next Insurance Expands Workers’ Compensation to 24 Additional States

By | October 2nd, 2020|Uncategorized|Comments Off on Next Insurance Expands Workers’ Compensation to 24 Additional States

Next Insurance, a digital insurtech company focused on small business insurance, has expanded its workers’ compensation offering to 24 additional states, bringing the total number of states it offers coverage in to 30. The additional states include: Alaska, Arizona, Arkansas, …

2 10, 2020

North Carolina Enters Phase 3, Certain Businesses Allowed to Partially Reopen

By | October 2nd, 2020|Uncategorized|Comments Off on North Carolina Enters Phase 3, Certain Businesses Allowed to Partially Reopen

North Carolina Gov. Roy Cooper announced on Wednesday that bars, amusement parks and movie theaters can partially reopen starting on Friday under a new Phase 3 order. The updated executive order that will remain in effect through Oct. 23 also …

2 10, 2020

California Bills Signed into Law Related to Workers’ Comp

By | October 2nd, 2020|Uncategorized|Comments Off on California Bills Signed into Law Related to Workers’ Comp

California Gov. Gavin Newsom signed a handful of bills related to workers’ compensation, including bills dealing with COVID-19 and reporting the virus in the workplace. The Legislature recessed for the year on Aug. 31, and the governor had until Sept. …

2 10, 2020

California Commissioner Asks Insurers to Cover Wildfire Losses Sans Home Inventory

By | October 2nd, 2020|Uncategorized|Comments Off on California Commissioner Asks Insurers to Cover Wildfire Losses Sans Home Inventory

California Insurance Commissioner Ricardo Lara is asking insurance companies help wildfire survivors by providing up to 100% of personal property coverage limits without a detailed inventory to those who suffered a total loss of their home, similar to previous identical …

1 10, 2020

Georgia Diocese Accused of Covering Up Sex Abuse Allegations in Lawsuit

By | October 1st, 2020|Uncategorized|Comments Off on Georgia Diocese Accused of Covering Up Sex Abuse Allegations in Lawsuit

A lawsuit filed against a diocese in Georgia alleges officials knew about and covered up allegations that a Catholic priest sexually abused young students and failed to prevent the crimes more than 30 years ago. The lawsuit was filed last …

1 10, 2020

Tennessee Won’t Disclose Which Businesses Got Virus Relief

By | October 1st, 2020|Uncategorized|Comments Off on Tennessee Won’t Disclose Which Businesses Got Virus Relief

Tennessee has given more than $170 million in federal relief funds to businesses struggling to survive during the coronavirus pandemic, but top state officials aren’t saying exactly who is getting the money. “This is considered confidential taxpayer information,” state Department …

1 10, 2020

U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands

By | October 1st, 2020|Uncategorized|Comments Off on U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands

The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering and sanctions regulations. The warnings came in a pair of advisories, one from the Financial Crimes Enforcement Network (FinCEN) and …

1 10, 2020

Cannabis Broker Spotlight: Sawyer of Cross Insurance Says Work Building Cannabis Business Worth it

By | October 1st, 2020|Uncategorized|Comments Off on Cannabis Broker Spotlight: Sawyer of Cross Insurance Says Work Building Cannabis Business Worth it

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …