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29 09, 2020

Insurance Broker Gallagher Reports Ransomware Attack

By | September 29th, 2020|Uncategorized|Comments Off on Insurance Broker Gallagher Reports Ransomware Attack

Insurance broker Arthur J. Gallagher & Co. and its claims unit, Gallagher Bassett, reported that a ransomware incident that happened on Saturday, Sept. 26 limited some of its internal systems. In a filing with the Securities and Exchange Commission (SEC), …

29 09, 2020

HUB to Offer InsuraGuest Small Claims Hospitality Product to Hotel Clients

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Hub International Limited (HUB), and InsuraGuest, Inc., have partnered to offer InsuraGuest’s Hospitality Liability coverage to HUB hotel clients in the U.S., with plans to expand to HUB’s clients in Canada by mid-2021. InsuraGuest coverage is available through a platform …

29 09, 2020

Study: 82% of Georgia Farmers Have Seen Decline in Revenue from Pandemic

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A study conducted by the University of Georgia found that 82% of farmers in the state have seen their revenue decline due to the coronavirus pandemic. The findings released this month come from a May survey of more than 800 …

29 09, 2020

Summit Credit Union of N.C., The Needham Group Launch In-House Insurance Program

By | September 29th, 2020|Uncategorized|Comments Off on Summit Credit Union of N.C., The Needham Group Launch In-House Insurance Program

Summit Credit Union of North Carolina in partnership with The Needham Group, Inc. has launched their new in-house insurance program, Summit Insurance Solutions to provide a full suite of affordable auto, home, and commercial insurance products working with national carriers …

28 09, 2020

Report: COVID-19 Accounts for 1-in-9 California Workers’ Comp Claims in 2020

By | September 28th, 2020|Uncategorized|Comments Off on Report: COVID-19 Accounts for 1-in-9 California Workers’ Comp Claims in 2020

The California workers’ compensation COVID-19 claim count continued to grow in August, albeit at a much slower rate than in July, with new data showing that as of Sept. 21, the state had recorded 5,130 COVID-19 claims with August injury …

28 09, 2020

California Ban on Fracking by 2024 Criticized as Too Late

By | September 28th, 2020|Uncategorized|Comments Off on California Ban on Fracking by 2024 Criticized as Too Late

California Gov. Gavin Newsom moved Wednesday to end issuing new hydraulic fracturing permits by 2024, a delay criticized by many environmental groups but characterized as legally and politically realistic by another. “He can suspend fracking now, but he is punting …

28 09, 2020

Oregon Insurance Division Issues Amended Wildfire Emergency Order

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The Oregon Department of Consumer and Business Services’ Division of Financial Regulation has issued an amended wildfire emergency order. The amended order means that insurance companies must immediately take steps to do the following until the order expires: Extend all …

28 09, 2020

U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses

By | September 28th, 2020|Uncategorized|Comments Off on U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses

Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments during the coronavirus market meltdown. Market panic around the …

29 09, 2020

White House Vows 150 Million Rapid COVID Tests for Schools, Seniors

By | September 29th, 2020|Uncategorized|Comments Off on White House Vows 150 Million Rapid COVID Tests for Schools, Seniors

President Donald Trump, under fire over his handling of the coronavirus epidemic, announced on Monday the federal government would ship 150 million rapid tests to U.S. states and warned an increase in positive cases is likely in the days ahead. …

29 09, 2020

NFP Acquires Hutch Hubby & Associates in Austin

By | September 29th, 2020|Uncategorized|Comments Off on NFP Acquires Hutch Hubby & Associates in Austin

National insurance broker NFP has acquired the Austin, Texas-based employee benefits firm, Hutch Hubby & Associates. The acquisition is NFP’s third in central Texas in 2020. The firm’s principal, L. Hutch Hubby, brings NFP over 40 years of experience serving …