Year over year, all lines of property/casualty insurance business experienced an increase in average premium renewal rate, except workers’ compensation, which saw a premium decrease, according to the April results of the IVANS Index. Month over month, April premium renewal …
Louisiana’s Republican lawmakers have advanced proposals to limit damage claims against businesses in car wreck lawsuits, pushing ahead with the pre-coronavirus priority as Democrats argued the debate was inappropriate amid a pandemic. House and Senate committees approved “tort reform” measures …
A retired lieutenant has settled a $2 million whistleblowers’ lawsuit against Michigan, the state police and her former supervisors. Twana Powell’s lawsuit was settled in April, the Detroit Free Press reported. Powell was both the first woman and first African …
Republican legislators in Kansas are joining a broader effort to shield doctors, hospitals and businesses from lawsuits stemming from the coronavirus, with business and medical groups pushing them to act quickly. The effort faces strong opposition from labor unions, trial …
Attorneys for the family of a Missouri nurse who died from COVID-19 filed a claim for death benefits under the state’s workers’ compensation laws. Celia Yap-Banago, 69, died April 21 after caring for a patient with COVID-19 at Research Medical …
Investigators are trying to determine how a man with apparently no security clearance ended up on a runway at a Texas airport where he was struck and killed by a landing commercial jet. Junin Ko, 22, died on May 7 …
Zurich Insurance estimates that the overall property and casualty (P&C) claims from the COVID-19 pandemic will be in the region of $750 million for 2020. To put that into context, Zurich’s CFO George Quinn said the expected COVID-19 claim level …
Texas surplus lines premium during the month of April 2020 reached $741.68 million, according to the Surplus Lines Stamping Office of Texas (SLTX). This is a 14.8% increase over the same period in 2019, SLTX reported. Additionally, through April, each …
The Oklahoma Senate has approved legislation giving liability relief to essential businesses and those working to safely reopen, as well as a measure protecting manufacturers and people who make or donate materials related to the COVID-19 pandemic. A previously passed …
A big and long-awaited boost for cannabis – and those who offer financial products to cannabis businesses – now in the hands of Congress may not only help usher the industry through the coming pandemic-ridden economic slump, it could have …