17 12, 2020

North Carolina Labor Chief Faces Backlash Over Response to New COVID Rules

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North Carolina worker and civil rights advocates are unhappy with the outgoing state labor commissioner’s refusal to put more regulations upon employers they say will protect employees from COVID-19. Representatives of the groups that petitioned Commissioner Cherie Berry unsuccessfully this …

17 12, 2020

Citizens to Delay Rate Increases, For Now

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Citing a flood of new policies entering Citizens Property Insurance Corp. and a growing disparity between its rates and rising rates of private insurance companies, the board of Florida’s insurer of last resort voted unanimously to postpone final action on …

17 12, 2020

Japan Post’s Insurance Unit Plans $2.9 Billion Buyback of Shares from Parent

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Japan Post Holdings Co.’s insurance unit plans to buy back about 300 billion yen ($2.9 billion) of shares from its parent, giving the insurer more freedom to expand its business, according to people with knowledge of the matter. The holding …

17 12, 2020

Marshall & Sterling Insurance to Acquire New York’s Jaeger & Flynn Associates

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Marshall & Sterling Insurance, a 100% employee-owned company, has entered into an agreement to acquire Jaeger & Flynn Associates Inc. (JFA), an employee benefits broker and third-party administrative services (TPA) provider in New York’s greater capital region. This acquisition will …

17 12, 2020

The Hilb Group Acquires New York’s Moran, Moran, & Dauphin Inc.

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The Hilb Group LLC (THG) has acquired New York-based Moran, Moran, & Dauphin Inc. (MMDI). The transaction became effective on November 1, 2020. Founded in 2006, MMDI operates as a full-service agency primarily providing property/casualty insurance products mostly for personal …

17 12, 2020

South Africa Court Dismisses Insurer Guardrisk’s Appeal in Coronavirus Claims Case

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JOHANNESBURG – A South African court on Thursday dismissed insurer Guardrisk’s appeal against a previous ruling that found it was liable pay a Cape Town cafe’s rejected coronavirus claim. Like other insurers in South Africa and around the world, Guardrisk, …

17 12, 2020

Solvency II Capital Rules for Insurers Need Changing: EU Watchdog

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The European Union’s capital rules for insurers need changing to reflect low interest rates and the need stronger supervisory powers to tackle risks, the bloc’s insurance watchdog said on Thursday. The EU is reviewing its Solvency II capital requirements for …

17 12, 2020

Shell Fights Landmark Case Alleging Its Climate Change Stance Harms Human Rights

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Royal Dutch Shell Plc is in court in The Hague for the final hearing in a landmark case that could force it to reduce its carbon footprint. The case brought by the Dutch arm of Friends of the Earth, Milieudefensie, …

16 12, 2020

Pfizer Vaccine Faces Some Storage, Production, Snowstorm Challenges

By | December 16th, 2020|Uncategorized|Comments Off on Pfizer Vaccine Faces Some Storage, Production, Snowstorm Challenges

The first days of Pfizer Inc.’s COVID-19 vaccine rollout have seen unexpected hitches including some vaccines being stored at excessively cold temperatures and Pfizer reporting potential challenges in its vaccine production, U.S. officials said on a Wednesday press call. At …

16 12, 2020

Texas Workers’ Compensation System’s Path to Wellness

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Since 2003, insurance rates in the Texas workers’ compensation system have dropped by nearly 72 percent, according to a new study released by a research group within the state’s insurance department. In 2003, the Texas workers’ compensation system was in …