23 11, 2020

Oregon Man Arrested After Tesla Crashes, Sends Batteries Flying

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An Oregon man crashed a Tesla while going about 100 mph, destroying the vehicle, a power pole and starting a fire when some of the hundreds of batteries from the vehicle broke windows and landed in residences, police said. Dylan …

23 11, 2020

Howden Buys Cyber and Tech Specialist Broker Safeonline

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Howden, the international insurance broker, announced it has reached an agreement to acquire Safeonline, a London-based cyber and tech specialist broker and Lloyd’s coverholder. The acquisition underlines the importance Howden places on this fast-growing product line and gives it an …

23 11, 2020

Hundreds of Thousands at Honduras’ Shelters After Hurricanes

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SAN PEDRO SULA, Honduras — Shelters for people whose homes were flooded or damaged by hurricanes Eta and Iota in Honduras are now so crowded that thousands of victims have taken refuge under highway overpasses or bridges. The International Red …

23 11, 2020

Mississippi Casino Sues Insurer That Won’t Pay COVID-19 Loss

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GULFPORT, Miss. — A Mississippi Gulf Coast casino has become one of many businesses nationwide to sue its insurer for refusing to cover business losses because of the coronavirus pandemic. Island View Casino Resort in Gulfport contends in the federal …

23 11, 2020

Vallejo To Pay $750,000 to End Lawsuit Over Police Beating

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VALLEJO, Calif. — A handyman who was left bloodied after he was beaten and choked by Vallejo police will receive $750,000 from the city, it was announced Friday. The San Francisco Bay Area city agreed Thursday to settle a civil …

23 11, 2020

Passengers Spend Night on Baltic Sea Ferry That Ran Aground

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HELSINKI — A Baltic Sea ferry with 331 passengers and a crew of 98 run aground in heavy storm winds Saturday in the Aland Islands archipelago between Finland and Sweden. Finnish authorities said there were “no lives in immediate danger” …

23 11, 2020

Torrent Technologies Adds Palomar Admitted Coverage to Flood Platform

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Torrent Technologies, a flood insurance technology and servicing company and part of Marsh, has formed an agreement with Palomar Specialty Insurance Co. to provide Torrent’s Write-Your-Own (WYO) carrier clients and their agents new, admitted private flood insurance options. Under the …

23 11, 2020

RSG’s Trident Marine Managers, Global Special Risks Join Forces in Houston

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RSG Underwriting Managers LLC has consolidated two of its current managing underwriting manager businesses, Houston-based Trident Marine Managers (Trident) and Global Special Risks (GSR), and created a new practice vertical, Marine and Traditional Energy. Both managing general underwriting companies will …

23 11, 2020

Best Agency to Work For Southeast: SouthGroup Insurance Services

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Employees at SouthGroup Insurance Services don’t just like where they work – they LOVE it. And going through the pandemic has only reinforced their love and appreciation of their employer, selected as Insurance Journal’s Best Agency to Work For – …

23 11, 2020

The Key to Winning COVID Business-Interruption Claims: Say the Virus is Present

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Policyholder attorneys pursuing COVID-19 business-interruption claims are hoping to persuade judges to accept a premise that many Americans appear to doubt: The novel coronavirus is physically present on property and poses an imminent danger to the public. Pleadings that state …