News Center
News – Insurance Journal
Texas’ Blue Bell Creameries to Pay $17.25M in Penalties for Listeria Contamination
Texas-based Blue Bell Creameries L.P. has been ordered to pay $17.25 million in criminal penalties for shipments of contaminated ice cream products linked to a 2015 listeriosis outbreak, according to the U.S. Justice Department/ Blue Bell pleaded guilty in May …
POSTED SEPTEMBER 23, 2020 6:30 AM |
Independent Brokers Will Remain Competitive by Adding Value to the Value Chain
The COVID-19 crisis has highlighted the need for brokers to add value to the insurance transaction, according to Toby Esser, chairman of AFL Insurance Brokers, a London-based independent broker. Indeed, Esser said, the COVID-19-related coverage disputes involving business interruption pandemic …
POSTED SEPTEMBER 23, 2020 6:00 AM |
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change
Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed, broker Aon reveals that more than 60% of 2020’s insured catastrophe losses of $54 billion have been caused by secondary …
POSTED SEPTEMBER 23, 2020 6:00 AM |
Texas Auto Insurance Plan Association Requests 4.8% Commercial Rate Hike
The Texas Automobile Insurance Plan Association (TAIPA) has filed a request with the Texas Department of Insurance to charge new insurance rates for commercial automobiles. The filed rates represent a 4.8% increase in commercial automobile rates. TAIPA proposed an effective …
POSTED SEPTEMBER 23, 2020 5:34 AM |
Lockton Pacific Promotes Hostovich and Barnes in California
Lockton Insurance Brokers LLC, the Pacific region of global insurance broker Lockton Cos., has named Teena Hostovich vice chair of Lockton Pacific and Greg Barnes president of Greater Los Angeles. Barnes and Hostovich are based in Lockton’s Los Angeles office. …
POSTED SEPTEMBER 23, 2020 5:00 AM |
Shopify Customer Data Likely Exposed by 2 Employees Attempting to Steal Records
Shopify Inc. said on Tuesday data of customers who shopped at fewer than 200 merchants listed on the company’s e-commerce platform was likely exposed after two employees tried to steal transaction records. The data exposed includes email, name, and address, …
POSTED SEPTEMBER 23, 2020 5:00 AM |
Confident Russia Vows to Shoulder Some of the Legal Liability of Its COVID-19 Vaccine
Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go wrong, rather than requiring buyers to take on the full risk, the head of the state fund bankrolling the project …
POSTED SEPTEMBER 23, 2020 5:00 AM |
Toyota Insurance in Europe Joins Swiss Re’s Vehicle Risk Rating System
Toyota is the newest partner in the Swiss Re platform that provides a risk score on vehicles so insurers can develop premiums that reflect new safety features. Through this partnership with Toyota Insurance Services (TIS)/Toyota Insurance Management Europe, Swiss Re …
POSTED SEPTEMBER 23, 2020 5:00 AM |
Labor Department Eyes Simpler Rule for Classifying Independent Contractors
The U.S. Department of Labor on Tuesday said it would soon propose a rule that could make it easier to classify workers as independent contractors rather than employees, a major issue for the “gig economy” and other industries that use …
POSTED SEPTEMBER 23, 2020 5:00 AM |
Arch Insurance Forms Single Managing Agency to Manage 4 Lloyd’s Operations
Arch Insurance International has formed Arch Managing Agency Limited to mange its Lloyd’s units. Arch Managing Agency Limited, which brings together Arch Underwriting at Lloyd’s and Barbican Managing Agency Ltd. into a single operation, will manage Syndicate 2012, Syndicate 1955, …
POSTED SEPTEMBER 23, 2020 5:00 AM |
FOX News
Tessa Majors murder suspect confessed to jailed father on recorded line: report
The 15-year-old charged with fatally stabbing Barnard student Tessa Majors during a park mugging was caught on a wiretap confessing to his jailed dad, sources say.
POSTED SEPTEMBER 23, 2020 5:21 AM |
LIVE UPDATES: Coronavirus deaths surpass 200,000 in the US
The coronavirus death roll surpassed 200,000 in the U.S. on Tuesday which is nearly half the number of Americans killed in World War II.
POSTED SEPTEMBER 23, 2020 5:09 AM |
Beverly Hills mayor says it’s ‘unfortunate’ unemployed were ‘scammed’ out of their money
Beverly Hills Mayor Lester Friedman addresses the scam that spent taxpayers' unemployment money on luxury Rodeo Drive retail.
POSTED SEPTEMBER 23, 2020 5:07 AM |
LIVE UPDATES: Limited resources helped wildfire become one of LA County's largest ever fires
The Bobcat Fire has burned for more than two weeks and was allowed to become one of Los Angeles County's largest-ever wildfires due to limited firefighting resources after it was ignited.
POSTED SEPTEMBER 23, 2020 4:59 AM |
Live Updates: Ruth Bader Ginsburg's death kicks off brutal Supreme Court battle
Supreme Court Justice Ruth Bader Ginsburg's death from pancreatic cancer last Friday has started a fiercely partisan battle over whether President Trump should be allowed to replace her with his own pick with just six weeks left until the election or if whoever is elected Nov. 3 should be able to appoint a new justice.
POSTED SEPTEMBER 23, 2020 4:48 AM |
LIVE UPDATES: Beta weakens into a post-tropical cyclone, threat of flooding remains
Beta weakened into a post-tropical cyclone late Tuesday, and may still bring flooding over portions of the upper Texas coast into the lower Mississippi River Valley.
POSTED SEPTEMBER 23, 2020 4:44 AM |
Chad Wolf, acting head of DHS, to face Senate confirmation hearing Wednesday
Chad Wolf, the nation’s acting secretary of homeland security, is scheduled to face a Senate panel’s scrutiny beginning Wednesday in a bid to win confirmation to the post on a permanent basis.
POSTED SEPTEMBER 23, 2020 4:24 AM |
Ingraham: Democrats show they're no longer party of JFK by targeting Amy Coney Barrett's Catholicism
Democratic Party leaders who attacked Judge Amy Coney Barrett over her Catholic faith have shown how the party is attempting to "excommunicate people of faith" from its ranks, Laura Ingraham argued Tuesday.
POSTED SEPTEMBER 23, 2020 4:15 AM |
Live Updates: 2020 Presidential race heating up six weeks before election
The campaign trail is starting to heat up between President Trump and Joe Biden, a week before the first presidential debate is scheduled to take place in Cleveland.
POSTED SEPTEMBER 23, 2020 4:09 AM |
This Day in History: Sept. 23
Sen. Joe Biden withdraws from the Democratic presidential race following plagiarism allegations in a speech and portrayal of his academic record.
POSTED SEPTEMBER 23, 2020 4:00 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does R&A Insurance, Inc confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|