22 08, 2019

Guy Carpenter Tapped for California Wildfire Fund Reinsurance and Risk Transfer Program

By | August 22nd, 2019|Uncategorized|Comments Off on Guy Carpenter Tapped for California Wildfire Fund Reinsurance and Risk Transfer Program

Guy Carpenter & Company LLC has been named the sole reinsurance intermediary for the newly formed California Wildfire Fund, which is currently being administered by the California Earthquake Authority. Guy Carpenter will provide strategic reinsurance and advisory services to develop …

23 08, 2019

For Many U.S. Communities, There’s No Easy Path to Safety From Disasters

By | August 23rd, 2019|Uncategorized|Comments Off on For Many U.S. Communities, There’s No Easy Path to Safety From Disasters

As the country enters peak season for major natural disasters, new research indicates which states and communities are the riskiest for those needing to evacuate whether from wildfires or hurricanes. StreetLight Data Inc., a company that collects and analyzes data …

23 08, 2019

Broker Not Liable for Late Notice that Cost Illinois Client $1.34M

By | August 23rd, 2019|Uncategorized|Comments Off on Broker Not Liable for Late Notice that Cost Illinois Client $1.34M

An Illinois construction company that waited six years to inform its excess insurer that it had been sued cannot expect coverage from that carrier, and it can’t go after the insurance brokerage that sold it the policy either, a federal …

22 08, 2019

Suits Filed Against Operator of Illinois Medical Equipment Cleaner

By | August 22nd, 2019|Uncategorized|Comments Off on Suits Filed Against Operator of Illinois Medical Equipment Cleaner

Nearly three dozen people have sued the operator of a suburban Chicago medical equipment cleaning plant they claim emits fumes that have adversely affected their health, lawyers for the plaintiffs announced. The 32 lawsuits filed against Sterigenics LLC this week …

22 08, 2019

Water Distribution Continues as Lead Problem Assessed in Newark

By | August 22nd, 2019|Uncategorized|Comments Off on Water Distribution Continues as Lead Problem Assessed in Newark

Newark’s large-scale bottled water distribution is continuing as officials try to understand the failure of two filters intended to eliminate lead from water. The Environmental Protection Agency, which earlier called for the water distribution, said Friday that researchers are meeting …

22 08, 2019

Analysis Confirms Speeding is Best Predictor of Car Crashes

By | August 22nd, 2019|Uncategorized|Comments Off on Analysis Confirms Speeding is Best Predictor of Car Crashes

Speeding is the riskiest kind of aggressive driving, according to a unique analysis of data from on-board devices in vehicles. Researchers at the University of Waterloo examined data from 28 million trips for possible links between four bad driving behaviors …

22 08, 2019

Chubb Launches CoverPlus Liability Insurance for Middle Market Manufacturers

By | August 22nd, 2019|Uncategorized|Comments Off on Chubb Launches CoverPlus Liability Insurance for Middle Market Manufacturers

Chubb has introduced CoverPlus – a new platform offering expanded liability-driven products tailored to the evolving risks faced by middle market manufacturers from new technologies and processes. CoverPlus offers a custom-tailored suite of coordinated insurance products and offers flexible and …

21 08, 2019

Florida Insurer American Integrity Appoints Dowd as EVP

By | August 21st, 2019|Uncategorized|Comments Off on Florida Insurer American Integrity Appoints Dowd as EVP

American Integrity has appointed industry veteran Dick Dowd as executive vice president. Dowd will report to Bob Ritchie, president and CEO, and be responsible for all sales and marketing staff and initiatives. He will spearhead initiatives that further augment the …

21 08, 2019

Jury to Restart Deliberations in Oakland Warehouse Fire Case

By | August 21st, 2019|Uncategorized|Comments Off on Jury to Restart Deliberations in Oakland Warehouse Fire Case

OAKLAND, Calif. — Three jurors were dismissed Monday for undisclosed reasons on the 10th day of deliberations in the trial of two men charged in the deaths of 36 partygoers from a fire inside a cluttered San Francisco Bay Area …

21 08, 2019

Top 15 Earthquake Insurance Companies

By | August 21st, 2019|Uncategorized|Comments Off on Top 15 Earthquake Insurance Companies

Earthquake coverage is available mostly from private insurance companies. In California homeowners can also get coverage from the California Earthquake Authority (CEA), a privately funded, publicly managed organization. Only about 10 percent of California residents currently have earthquake coverage, down …