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30 04, 2021

Neptune, Transverse to Expand Flood Offering with $30M Premium Capacity Program

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Neptune Flood, an AI-driven flood insurance provider, has expanded its capacity through a new program sponsored by Transverse Insurance Group and backed by a panel of global reinsurers, which was placed through Acrisure Re (formerly Beach & Associates). Neptune policies …

30 04, 2021

Aid Approved for 8 Alabama Counties from March Storms

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President Joe Biden has approved federal disaster aid for eight Alabama counties where tornadoes and strong winds caused damage over two days in March, the White House said Monday. Biden approved assistance that can include grants for repair and temporary …

30 04, 2021

Duke Energy Helicopter Crashes in North Carolina; 1 Killed, 2 Injured

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The pilot of a Duke Energy helicopter was killed Wednesday when the aircraft went down in a wooded area while surveying power lines, officials said. Spokesman Jeff Brooks confirmed late Wednesday night that the pilot was killed, but he provided …

30 04, 2021

Lack of Travel Has Harmed Business Relations, Chubb Survey Finds

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Business travelers are eager to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and favor extra precautions. They are also concerned that their lack of travel has hurt their business relationships, …

30 04, 2021

Committee Votes Down Missouri Bill to Block COVID-19 Lawsuits

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A Missouri bill to shield businesses from coronavirus-related lawsuits has failed in committee, casting doubt on its chances of passing this year. A House committee voted the Senate bill down on April 26. The proposal was meant to protect hospitals, …

30 04, 2021

Lawsuit Over U.S. Wage Rule Focused on Louisiana Crawfish Processors

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Federal regulators are using an illegally adopted rule and unreliable research in allowing Louisiana crawfish processors to hire foreign workers at “depressed and stagnated wages” — wages that also hold down the rates of pay available to U.S. citizens doing …

30 04, 2021

Illinois Black, Latino Nursing Home Deaths Linked to Overcrowding

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Overcrowding at some Illinois nursing homes caused a disproportionate number of preventable deaths among Black and Latino residents living in those facilities, state officials say. The Department of Healthcare and Family Services is proposing $300 million in new funding for …

30 04, 2021

Vegas Health Officials Link More Liver Ailments to ‘Real Water’ Brand

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Health officials in Las Vegas reported six more cases of liver illness this week believed to be linked to a commercially marketed bottled water brand, Real Water, that faces a U.S. Food and Drug Administration probe and lawsuits by people …

30 04, 2021

Democrat State Rep. Wilson to Run for Georgia Insurance Commissioner

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A Democratic state House member announced on Wednesday that he’s running for Georgia insurance commissioner, aiming to defeat appointed Republican incumbent John King. Rep. Matthew Wilson of Brookhaven said he will advocate for lower insurance rates and to fully expand …

30 04, 2021

California MGU Foresight Expands Commercial Property Offerings

By | April 30th, 2021|Uncategorized|Comments Off on California MGU Foresight Expands Commercial Property Offerings

San Francisco-based Foresight Risk & Insurance Services is offering new commercial property insurance lines coverages including inland marine, contractors equipment and builders’ risk, which will be offered as a complement to workers’ compensation. Foresight describes itself as a disruptive commercial …