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5 03, 2020

USDA Adds New Hurricane Insurance Endorsement for 2020 Crop Year

By | March 5th, 2020|Uncategorized|Comments Off on USDA Adds New Hurricane Insurance Endorsement for 2020 Crop Year

The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) has implemented a new crop insurance endorsement, Hurricane Insurance Protection – Wind Index (HIP-WI), the agency announced. HIP-WI covers a portion of the deductible of the underlying crop insurance policy …

5 03, 2020

Death Toll from Tennessee Tornadoes Climbs to At Least 24

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Rescuers searched through shattered Tennessee neighborhoods for bodies Tuesday, less than a day after tornadoes ripped across Nashville and other parts of the state as families slept. At least 24 people were killed, some in their beds, authorities said. The …

5 03, 2020

Fire Officials Investigating String of Blazes in East Georgia

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Augusta fire officials are raising concerns about a series of fires at abandoned properties. The blazes near Old Savannah Road began late last year and have continued in 2020, The Augusta Chronicle reported. There have been five fires since Dec. …

5 03, 2020

Virtus Acquires First Line Insurance Services in Colorado

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Virtus LLC and its subsidiary Virtus Rocky Mountain LLC have acquired Denver, Colo.-based insurance brokerage firm First Line Insurance Services. Terms of the deal were not disclosed. First Line’s focus has been on personal insurance and specialty insurance, catering to …

5 03, 2020

New York-Area Financial Firms, Insurers Implement Travel Policies for Coronavirus

By | March 5th, 2020|Uncategorized|Comments Off on New York-Area Financial Firms, Insurers Implement Travel Policies for Coronavirus

Financial firms in New York City were testing remote-work capabilities, implementing new travel restrictions and canceling or modifying upcoming events as the coronavirus outbreak – already on the finance capital’s doorstep – showed little sign of abating. MetLife Inc, whose …

5 03, 2020

One U.S. State May Look at Insurers’ Fossil Fuel Investments and Underwriting to Combat Climate Change

By | March 5th, 2020|Uncategorized|Comments Off on One U.S. State May Look at Insurers’ Fossil Fuel Investments and Underwriting to Combat Climate Change

A Connecticut lawmaker has plans for a bill that not only calls for the state to look at which insurers have fossil fuel investments – a growing trend among government entities as of late – but also which ones are …

18 02, 2020

Trial Set to Begin for North Carolina Insurance Magnate Accused of Political Corruption

By | February 18th, 2020|Uncategorized|Comments Off on Trial Set to Begin for North Carolina Insurance Magnate Accused of Political Corruption

The trial of an insurance company magnate and two associates on charges they conspired to bribe an elected North Carolina regulator with up to $2 million in campaign money so scrutiny of his businesses would ease is getting started. U.S. …

18 02, 2020

Chubb Expands Incident Reporting Tool to Excess Casualty Clients

By | February 18th, 2020|Uncategorized|Comments Off on Chubb Expands Incident Reporting Tool to Excess Casualty Clients

Chubb has expanded access of its Incident Alert tool to its Excess Casualty clients during catastrophic events. The tool, which has previously been used by Chubb environmental and cyber customers, now can assist Excess Casualty clients during a catastrophic event …

18 02, 2020

California IHOP Cook Arrested for Workers’ Compensation Fraud

By | February 18th, 2020|Uncategorized|Comments Off on California IHOP Cook Arrested for Workers’ Compensation Fraud

California Department of Insurance detectives arrested Jonathan Quezada, 28, on multiple felony counts of insurance fraud and workers’ compensation insurance fraud after he allegedly falsified an insurance claim to receive unearned workers’ compensation benefits costing Californians over $22,000. Quezada was …

18 02, 2020

Idaho Football Players Win Settlement in False Arrest Lawsuit

By | February 18th, 2020|Uncategorized|Comments Off on Idaho Football Players Win Settlement in False Arrest Lawsuit

A Utah county agreed to pay more than $10,000 to settle a lawsuit filed by two Idaho State University football players who said they were falsely arrested during a bank robbery investigation. Nehemiah McFarlin and Atoatasi Fox will receive $5,100 …