16 12, 2020

EEOC Releases Updated Guidance on COVID-19 Vaccinations and Employment Laws

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The Equal Employment Opportunity Commission (EEOC) has released updated guidance on the responsibilities and rights of employers and employees related to the COVID-19 vaccine, including in cases where employers require employees to be vaccinated. The publication, “What You Should Know …

16 12, 2020

Global Natural and Manmade Disasters Cost Insurers US$83B in 2020: Swiss Re

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Insurance industry losses from natural catastrophes and man-made disasters across the globe amounted to US$83 billion in 2020, making it the fifth-costliest year for the industry since 1970, according to the Swiss Re Institute in its preliminary sigma estimates. Natural …

16 12, 2020

Italy’s Banco BPM to Acquire Full Control of Insurance Joint Ventures with Cattolica

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MILAN — Italy’s Banco BPM said it would end an insurance partnership with Cattolica by acquiring full control of their joint-ventures, in a move that may ease a mooted tie-up with BPER Banca. Banco BPM said late on Tuesday it …

16 12, 2020

Applied Underwriters Forms EU Subsidiary to Write Specialty Business in Europe, Middle East

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Omaha-based insurer Applied Underwriters Inc. announced it has formed Applied Financial Lines Ltd., a new European subsidiary, which will operate from Paris and Cologne. The new company will underwrite several specialty lines, including professional indemnity and directors and officers, in …

16 12, 2020

Tech Firms Form Coalition to Defend Internet Liability Shield Law

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A number of internet companies that are not big social media players are organizing to defend the law that shields them from lawsuits. The companies have formed a coalition called Internet Works to protect what they see as the benefits …

16 12, 2020

Freeman Mathis & Gary Hires Santocki as a Partner in its New York City Office

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Freeman Mathis & Gary LLP (FMG), a nationwide litigation law firm with 200 attorneys and 19 offices in 10 states, has hired Alicia Santocki as a partner in the New York City office. Santocki also will practice in firm’s offices …

16 12, 2020

Virginia City Plants Trees to Slow Flooding Woes

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In Ocean Lakes, 100 more trees will soon be popping up in yards throughout the flood-prone neighborhood in southern Virginia Beach, each gifted at no cost from a local environmental group. And in nearby parks and other green areas, dozens …

16 12, 2020

UK Insurtech Zego Gets Dutch Broking License, Enabling Post-Brexit Growth in EU

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Zego, the London-based fleet and mobility insurance provider, has received a broking license from the Dutch regulator AFM. The license provides a foundation for the company’s continued expansion across Europe, enabling it to work with EU-based insurance partners and customers, …

16 12, 2020

Marsh Names Hobson as Affinity Leader, International Division, in Newly Created Role

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Insurance broker Marsh announced the appointment of Phil Hobson as affinity leader, International Division. Effective Jan. 1, 2021, Hobson will join the International Executive Committee and report to Flavio Piccolomini, president of Marsh’s International Division. He will relocate from Hong …

16 12, 2020

M4.4 Earthquake Confirmed at Hawaii Island Volcano Area

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The U.S. Geological Survey confirmed an earthquake struck Hawaii’s Big Island on Monday. The magnitude 4.4 quake was centered about 12 miles southeast of Waimea, Hawaii, at a depth of about 16 miles. The earthquake was located on the flank …