» American Companies Facing Pressure to Reveal Data on Diversity of Employees
06/07/20 00:00 from Insurance Journal
American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake of nationwide protests against racial discrimination. Many executives have pledged to champion equality in response to the Black Lives Matter …
» Utility to Pay $56 Million to Resolve Deadly Massachusetts Gas Blasts Probe
06/07/20 00:00 from Insurance Journal
NiSource Inc. will pay $56 million to resolve a probe into Massachusetts gas explosions in 2018 linked to a utility it owns that killed one person and destroyed multiple buildings, the state’s attorney general said last Thursday. Massachusetts Attorney General …
» Climate Change Litigants Argue Human Rights, Consumer Harm in Suing Oil Firms
06/07/20 00:00 from Insurance Journal
LONDON/WASHINGTON/GENEVA — Climate change may be having its day in court. With the slow pace of international climate negotiations, lawyers from Switzerland to San Francisco are increasingly filing lawsuits demanding action. And they are getting creative — using new legal …
» Maine and the ACA’s Medicaid expansion Maine expanded Medicaid in early 2019, after voters passed a Medicaid expansion ballot initiative in the 2017 election. By mid-2020, more than 57,000 people were covered under Maine's expanded Medicaid program. Gov. Mills also withdrew the LePage administration's Medicaid work requirement. The post Maine and the ACA’s Medicaid expansion appeared first on healthinsurance.org.
05/07/20 11:18 from healthinsurance.org
» New Mexico health insurance marketplace: history and news of the state’s exchange New Mexico still has four insurers offering exchange plans in 2020; Christus left, but True Health joined the exchange as of 2020. Average proposed rate changes for 2021 are mostly modest, but NM Health Connections has proposed an average rate increase of nearly 32% for 2021. New Mexico plans to switch to a state-run enrollment platform in the fall of 2020, and will stop using HealthCare.gov at that point. The post New Mexico health insurance marketplace: history and news of the state’s exchange appeared first on healthinsurance.org.
05/07/20 00:05 from healthinsurance.org
» Congressional Action Plan on Climate Change Applauded by Zurich, IBHS
02/07/20 15:51 from Insurance Journal
A Congressional action plan for a clean energy economy is garnering a bit of praise from a few important names in the insurance industry. The House of Representatives in 2019 established the House Select Committee on the Climate Crisis to …
» LP Insurance Services Acquires Meridian Insurance Services in Nevada
02/07/20 12:29 from Insurance Journal
LP Insurance Services LLC has acquired Meridian Insurance Services in Nevada. As a result of the acquisition, Karen Wagner, former head of sales and service operations for Meridian, has been named the executive vice president of the Southwest Region of …
» New Florida Laws Address Climate Issues, Require Sea Level Study for Construction
02/07/20 11:59 from Insurance Journal
Republican Florida Ron DeSantis signed a slew of environmental bills in less than 24 hours that address issues ranging from sea level rise to blue-green algae blooms – and even given the state authority to use drones to fight invasive …
» Another One Down: Austin City Limits Music Fest Canceled Amid Virus Surge
02/07/20 11:54 from Insurance Journal
Austin City Limits has joined the ranks of major music festivals to be canceled because of the coronavirus. Festival organizers said in a statement on July 1 that scrapping the three-day October event was “the only responsible solution.” The announcement …
» Midwest Business Leaders: Area’s Economy Improving with Reopening
02/07/20 11:36 from Insurance Journal
Business leaders say the economy has begun to recover as businesses reopened in the past month in nine Midwest and Plains states, but it remains weaker than before the coronavirus outbreak began, according to a monthly survey released on July …
» Texas Independent Agents Name Stoffle Account Manager of the Year
02/07/20 11:34 from Insurance Journal
The Independent Insurance Agents of Texas (IIAT) has named Karla Stoffle of Upshaw Insurance in Amarillo as Account Manager of the Year. The Account Manager of the Year award is given annually to an account manager in Texas who exemplifies …
» New Indiana State Law Bans Use of Handheld Phone While Driving
02/07/20 11:32 from Insurance Journal
Using a handheld cellphone while driving is now illegal on Indiana roads under a new state law that took effect this week. The move aimed at combating distracted driving went onto the books on July 1 after being approved by …
» Texas Work Comp Division: Healthcare Providers Indicted for Drug Distribution, Fraud
02/07/20 11:31 from Insurance Journal
Three Texas healthcare providers will face trial for conspiracy to distribute controlled substances and mail fraud, according to the Texas Department of Insurance – Division of Workers’ Compensation. On June 17, 2020, a federal grand jury returned indictments against Arlington-based …
» U.S. Supreme Court to Consider Child Slavery Appeals by Nestle, Cargill
02/07/20 10:09 from Insurance Journal
The U.S. Supreme Court will decide whether American corporations can be sued for alleged human rights abuses occurring abroad under a 1789 law, agreeing on Thursday to hear appeals by two companies – Cargill Inc and a Nestle SA subsidiary …
» Insurer Group Warns About California Bill Mandating Business Interruption Coverage
02/07/20 09:53 from Insurance Journal
The American Property Casualty Insurance Association is opposing legislation that would create a rebuttable presumption that the COVID-19 virus caused property damage triggering business interruption coverage in commercial liability policies. The just amended Assembly Bill 1552 would retroactively rewrite business …
» Maryland Insurance Commissioner Birrane Sees State as Leader in Tech Innovation
02/07/20 09:49 from Insurance Journal
Maryland Insurance Commissioner Kathleen Birrane has been in her new role for nearly two months, and she already has big plans for the state to establish itself as a leader in the tech space. “I’d like to see Maryland at …
» Legacy Specialist Compre Signs 2nd Transaction with QBE
02/07/20 09:23 from Insurance Journal
Compre, the London-based independent re/insurance legacy specialist, announced it has signed its second legacy transaction with QBE for an undisclosed sum. The transaction follows Compre’s acquisition of QBE’s share of the Ridgwell Fox & Partners pool legacy reinsurance business in …
» M&T Insurance Agency Benefits from Cyber Risk Analytics Platform Through CyberCube
02/07/20 09:16 from Insurance Journal
Clients of M&T Insurance Agency Inc. (MTIA), a provider of commercial insurance and risk management solutions that is part of the M&T Bank Corporation family, will now benefit from a new cyber risk analytics platform through CyberCube. The Broking Manager …
» Delaware to Close Bars in Beach Towns Due to Virus Outbreak
02/07/20 09:14 from Insurance Journal
Bars in certain Delaware beach towns will close ahead of the Fourth of July holiday to limit the spread of the coronavirus, the state’s governor said. The new order from Delaware Governor John Carney announced Tuesday orders bars in eastern …
» Allianz Expects to Be Back on Track with Profit Targets as COVID Crisis Subsides: CEO
02/07/20 08:37 from Insurance Journal
Allianz, which is facing headwinds from the coronavirus crisis, expects to be back on track in 2021 barring a second major outbreak or financial market correction, the German insurer’s chief executive said in an interview. Allianz is among global insurers …