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13 08, 2020

More Than 900 Students, Staff Quarantined by Georgia School District

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A Georgia school district has quarantined more than 900 students and staff members because of possible exposure to the coronavirus and will temporarily shut down one of its hardest-hit high schools, officials said Tuesday. The quarantine figures from the Cherokee …

13 08, 2020

2.9 Magnitude Aftershock Rattles North Carolina

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A magnitude 2.9 aftershock on Tuesday rattled the North Carolina town where a 5.1 earthquake on Sunday shook items from grocery store shelves and caused damage to homes and businesses, the U.S. Geological Survey said. The USGS website showed the …

13 08, 2020

Major Reinsurers Brace for Large Losses from Beirut Port Blast

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Some of the world’s biggest reinsurers are bracing for potential losses running into tens of millions of euros after last week’s explosion that ravaged much of downtown Beirut. Property damage alone from the blast, which killed more than 150 people …

13 08, 2020

WTW Names Shaw as Global Head of Data, Analytics & Innovation, Global Facultative

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Willis Towers Watson announced the appointment of Fiona Shaw as its new head of data, analytics and innovation for its Global Fac division. Shaw has extensive insurance, reinsurance and analytics experience having spent 30-plus years at Willis Towers Watson, initially …

13 08, 2020

Roper to Acquire Insurance Software Firm Vertafore for $5.35 Billion

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Florida-based Roper Technologies has agreed to acquire insurance software maker Vertafore in an all-cash transaction valued at approximately $5.35 billion. Roper said the Vertafore management team led by CEO Amy Zupon will continue to lead the business from its Denver, …

13 08, 2020

World Insurance Associates Acquires Virginia’s Lindberg & Associates

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World Insurance Associates LLC (WIA), acquired Lindberg & Associates of Poquoson, Va., on July 1, 2020. Terms of the transaction were not disclosed. Founded in 2011, Lindberg & Associates is an independent insurance agency that provides all forms of property …

13 08, 2020

New York Regulator Takes Action to Expedite Isaias-Related Insurance Claims

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The New York State Department of Financial Services (DFS) has taken action to help expedite the payment of insurance claims for New Yorkers affected by Tropical Storm Isaias. As the storm moved through the eastern portion of the state, it …

13 08, 2020

UK Suffers Worst Train Crash Since 2004 After Derailment Kills Three People

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Britain suffered its worst train crash in more than 15 years after a derailment in Scotland killed three people, including the driver, and left another six injured. The Scotrail service was traveling from Aberdeen to Glasgow when it left the …

13 08, 2020

New Jersey Provides Guidance for Homeowners After Tropical Storm Isaias

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The New Jersey Department of Banking and Insurance (DOBI) has provided guidance for homeowners suffering property damage caused by the recent tropical storm that rattled the state. DOBI has issued guidance for New Jersey homeowners on filing a homeowners insurance …

13 08, 2020

Analysis: Megacities Face Great Upheavals as They Seek to Cut Virus Transmission

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Like all pandemics, COVID-19 is not an accidental or random event, Frank Snowden argues in his magisterial history “Epidemics and society: from the Black Death to the present.” “Epidemics afflict societies through the specific vulnerabilities people have created through their …