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9 04, 2021

Applied Analytics Isn’t Just for Insurers. Startups Help Claimants Get In On the Action

By | April 9th, 2021|Uncategorized|Comments Off on Applied Analytics Isn’t Just for Insurers. Startups Help Claimants Get In On the Action

Lee Fogle reached down to save his 12-lb. Yorkshire terrier Nemo as a pit bull lunged forward. The attacking dog’s jaws clamped onto his left hand, sending him to a clinic for sutures and starting a 10-month-long insurance battle. “It …

9 04, 2021

SEC Warns SPACs Aren’t a Way to Avoid Securities Laws

By | April 9th, 2021|Uncategorized|Comments Off on SEC Warns SPACs Aren’t a Way to Avoid Securities Laws

The U.S. Securities and Exchange Commission has a fresh warning for the booming SPAC market: Blank-check companies aren’t an end-around to avoid disclosing key information to investors. In a Thursday statement, a top SEC official made clear that despite their …

9 04, 2021

Indiana Senate OKs Bill Making Pregnant Worker Accommodations Optional

By | April 9th, 2021|Uncategorized|Comments Off on Indiana Senate OKs Bill Making Pregnant Worker Accommodations Optional

Indiana legislators gave final approval to a bill that won’t require businesses to make accommodations for pregnant workers, despite an appeal from Gov. Eric Holcomb for a law requiring more protections. The proposal allows a pregnant employee to request accommodations …

9 04, 2021

Suez Canal Blockage Continues to Disrupt Global Trade, Hitting Global Supply Chains

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LONDON/LOS ANGELES – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry sources say. Dozens of container …

9 04, 2021

Hub International Acquires Wessex Financial Inc. in Canada

By | April 9th, 2021|Uncategorized|Comments Off on Hub International Acquires Wessex Financial Inc. in Canada

Hub International Ltd., a Chicago-based insurance broker, announced that it has acquired Wessex Financial Inc. in Canada. Terms of the transaction were not disclosed. Located in Calgary, Alberta, Canada, Wessex Financial is an independent employee benefits, life and living benefits …

5 04, 2021

Northwest Louisiana Shaken by 3.0 Mag Quake

By | April 5th, 2021|Uncategorized|Comments Off on Northwest Louisiana Shaken by 3.0 Mag Quake

A minor earthquake early on March 30 shook Northwest Louisiana, the U.S. Geological Survey and the U.S. Department of the Interior confirmed. A 3.0 magnitude earthquake struck near the Blanchard area, northwest of Shreveport, in Caddo Parish about 2:30 a.m., …

5 04, 2021

Hurricane Center: Delta Caused $2.9B in Damage

By | April 5th, 2021|Uncategorized|Comments Off on Hurricane Center: Delta Caused $2.9B in Damage

Hurricane Delta, which made landfall in southwestern Louisiana about 11 miles from where the devastating Hurricane Laura hit a little more than a month earlier, cost $2.9 billion in the United States and was linked to six deaths in the …

5 04, 2021

Louisiana Treasurer Says $700K from 2010 BP Oil Spill Settlement Unclaimed

By | April 5th, 2021|Uncategorized|Comments Off on Louisiana Treasurer Says $700K from 2010 BP Oil Spill Settlement Unclaimed

Louisiana’s treasurer says the state is holding more than $700,000 that has so far gone unclaimed by people and businesses affected by the 2010 BP oil spill in the Gulf of Mexico. That’s the worth of class action settlement checks …

5 04, 2021

People Moves: AIG Names BlackRock’s Wade as Digital Chief; Great American Promotes DeSoto; AXIS Adds to Cyber; Cover Genius Adds Execs

By | April 5th, 2021|Uncategorized|Comments Off on People Moves: AIG Names BlackRock’s Wade as Digital Chief; Great American Promotes DeSoto; AXIS Adds to Cyber; Cover Genius Adds Execs

American International Group announced that Claude E. Wade will join the company in the second quarter of 2021 in the newly created role, executive vice president, global head of Operations and Chief Digital Officer, AIG. Wade, who has 30 years …

5 04, 2021

Court Won’t Get Involved with Applied Suit Against California Department of Insurance

By | April 5th, 2021|Uncategorized|Comments Off on Court Won’t Get Involved with Applied Suit Against California Department of Insurance

A California federal court has declined to get involved with a lawsuit that Applied Underwriters and the California Insurance Co. filed against the California Department of Insurance. The case against the CDI is based upon a central claim that the …