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People Moves: Claims Leaders Hired at Generali’s GC&C; D&O Specialist Rising Edge, and Hamilton
This edition of International People Moves focuses on claims appointments at three insurance underwriters: Generali Global Corporate & Commercial, D&O MGA Rising Edge and Hamilton Insurance Group. A summary of these promotions and new hires follows here. Generali’s GC&C Creates …
POSTED SEPTEMBER 16, 2021 9:47 AM |
NTSB: Georgia Cargo Shipwreck Caused by Inaccurate Stability Calculations
Inaccurate stability calculations caused the capsizing of vehicle carrier Golden Ray that resulted in $200 million worth of damages, the National Transportation Safety Board said. The Marine Accident Report details the NTSB’s investigation of the Sept. 8, 2019, capsizing of …
POSTED SEPTEMBER 16, 2021 7:30 AM |
Arson Ruled in Pierce County, Georgia Fire, Suspect Wanted
Georgia Insurance and Safety Fire Commissioner John F. King announced that Russell Leon Warner, 49, of Fulton County, is wanted in connection with a Pierce County fire that occurred on Sunday, September 12, just after 5:00 a.m. on Pomeroy Street …
POSTED SEPTEMBER 16, 2021 6:08 AM |
EEOC Sues Georgia Facility Over Denying Employee’s Request for Remote Work
The U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit that ISS Facility Services, Inc., a workplace experience and facility management company, unlawfully denied its employee’s reasonable request for an accommodation for her disability and then fired her for …
POSTED SEPTEMBER 16, 2021 5:15 AM |
UK COVID-19 Business Insurance Payouts One Billion Pounds
Small companies in Britain, which demanded that their insurers cover claims for losses accrued during the COVID-19 pandemic, have received more than one billion pounds ($1.4 billion) in full and interim business interruption payouts to date. Businesses ranging from restaurants …
POSTED SEPTEMBER 16, 2021 5:00 AM |
Temporary Total Disability Rates in California for 2022 to Remain Unchanged
The Division of Workers’ Compensation in California announced that the 2022 minimum and maximum temporary total disability rates will not change. The minimum TTD will remain $203.44 and the maximum TTD rate will remain $1,356.31 per week. Labor code requires …
POSTED SEPTEMBER 15, 2021 8:04 PM |
Takeaways from Our Conversation about Innovative Products and Services for the Cannabis Industry
We’re seeing a number of new cannabis insurance products being rolled out. Insurers may be gearing up for a potential 10-fold increase in sales to the booming $17 billion-a-year cannabis industry, as Congress potentially inches closer to legalizing marijuana at …
POSTED SEPTEMBER 15, 2021 7:57 PM |
TDI OKs Higher TWIA Liability Limits for Manufactured Homes
The Texas Department of Insurance (TDI) approved the Texas Windstorm Insurance Association’s (TWIA’s) petition to increase its maximum liability limits on manufactured homes, but regulators said the insurer of last resort for wind and hail for properties along the Texas …
POSTED SEPTEMBER 15, 2021 4:50 PM |
NSI Insurance Group Acquires Miami-Based White Cloud, Express
NSI Insurance Group, an independent insurance agency specializing in risk management, employee benefits, and insurance services for businesses and individuals, recently made its third and fourth acquisitions in the past 15 months, with the purchase of White Cloud Insurance and …
POSTED SEPTEMBER 15, 2021 4:41 PM |
FEMA: $205M Approved for Michigan Recovery From June Storms, Flooding
The federal government has approved nearly $205 million to help Michiganders with disaster-related needs stemming from the June 25-26 tornadoes, severe storms and flooding in Washtenaw and Wayne counties, FEMA says. That amount includes nearly $1.1 million in claims paid …
POSTED SEPTEMBER 15, 2021 4:30 PM |
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