Insurance Archives - Residential Property Insurance & Business Management

Trump tries to drag America backward with a jaw-dropping speech July 4, 2020
Stelter: Trump's speech won't make sense to most people July 4, 2020
President Donald Trump used the backdrop of Mount Rushmore the night before the Fourth of July to deliver a speech to his base. CNN's Brian Stelter examines the message of his speech.
Epstein's alleged accomplice pictured posing on British throne with Kevin Spacey July 4, 2020
The British royal family has been dragged once again into the Jeffrey Epstein scandal as a photograph emerged showing the late financier's alleged accomplice posing on a throne at Buckingham Palace.
Dr. Gupta: America, I hoped never to have this conversation July 4, 2020
Back in the middle of May, I wrote an essay titled "If the United States were my patient," pondering what it would be like if the United States were a flesh-and-blood person who had gotten sick with an ongoing infection.
Covid-19 infections are up in at least 36 US states
Latin America sees half of all new Covid-19 infections as health systems flounder July 4, 2020
At the end of April, video emerged from the main hospital in the Brazilian city of Manaus of bodies lined up in corridors, the victims of a sudden surge in the coronavirus. At the same time, the city began digging mass graves for hundreds of people who'd not even had the chance of treatment.
In pursuit of Ghislaine Maxwell, authorities allege mysterious financial dealings with Jeffrey Epstein July 4, 2020
In their pursuit of Ghislaine Maxwell for what they say is her role in Jeffrey Epstein's alleged sex trafficking ring, federal prosecutors claim to have unearthed a series of unusual financial transactions involving the two that add a new layer to the mysterious financial complexities underpinning the larger Epstein saga.
Republican internal polling signals a Democratic rout July 4, 2020
Whenever I hear an operative complain about public polling, I have just one thing to say: Put up or shut up. Release your own numbers that show the race in a different place than the public polling, or let the public polling stand. This is especially true in House races, where public polling is limited […]
Non-Chinese citizens who criticise Beijing anywhere on the planet could be arrested if they enter Hong Kong July 4, 2020
Plastic screens, tracings apps and table service. English pubs reopen on bittersweet day July 4, 2020
The revered English poet William Blake once purportedly likened an English pub to a church, with two important caveats: "a pub is warmer, and there's more conversation."
Trump tweets disinformation on virus. See doctor's response July 3, 2020
Dr. Jennifer Lee explains to CNN's Jim Sciutto why Trump is wrong to blame the rise on Covid-19 to increased testing.
Must-watch videos of the week July 3, 2020
Europe is distancing itself from the US and turning to another world superpower July 4, 2020
For more than 70 years, the transatlantic alliance has served as the unshakable foundation of European stability and underpinned the values of the US-led Western order. In 2020, it appears that relationship is being rethought on both sides of the Atlantic.
Lockdown ordered for 200,000 in northeastern Spain due to Covid-19 outbreaks July 4, 2020
Authorities ordered a new lockdown for 200,000 people in Lleida province of northeastern Spain on Saturday due to outbreaks of Covid-19 there, the first confinement order since the nation's state of emergency was lifted on June 21.
The US is in chaos. But it's a great time to be an American July 4, 2020
On July 9, 1776, a rowdy group of American colonists banded together at a political rally in New York City and did something that today would be called "badass."
Portugal slams UK decision to leave it off quarantine list as 'absurd' July 4, 2020
The Portuguese government has denounced the British government's decision not to lift quarantine for people traveling from mainland Portugal as "absurd" and "senseless," saying the UK has seven times more coronavirus cases than it does.
Seattle protesters struck by car; suspect in custody, police say July 4, 2020
Two women were seriously hurt early Saturday morning when a vehicle drove into a group of protesters in Seattle, authorities say.
Cyclist helped apprehend a murder suspect by lending an officer his wheels July 4, 2020
A cyclist assisted Atlanta police in the capture of a murder suspect by loaning an officer his bike for the chase.
Teen sensation Mason Greenwood boosts Manchester United's Champions League hopes July 4, 2020
Teenage sport sensation Mason Greenwood scored two brilliant goals in a 5-2 hammering of relegation-threatened Bournemouth, bolstering Manchester United's Champions League hopes.
Bayern Munich wins German Cup in bizarre circumstances July 4, 2020
Two down, one to go.

Congressional Action Plan on Climate Change Applauded by Zurich, IBHS July 2, 2020
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 …
Don Jergler
LP Insurance Services Acquires Meridian Insurance Services in Nevada July 2, 2020
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 July 2, 2020
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 …
Bobby Caina Calvan and Brendan Farrington
Another One Down: Austin City Limits Music Fest Canceled Amid Virus Surge July 2, 2020
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 July 2, 2020
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 July 2, 2020
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 July 2, 2020
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 …
Tom Davies
Texas Work Comp Division: Healthcare Providers Indicted for Drug Distribution, Fraud July 2, 2020
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 July 2, 2020
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 …
Lawrence Hurley
Insurer Group Warns About California Bill Mandating Business Interruption Coverage July 2, 2020
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 July 2, 2020
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 …
Elizabeth Blosfield
Legacy Specialist Compre Signs 2nd Transaction with QBE July 2, 2020
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 July 2, 2020
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 July 2, 2020
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 July 2, 2020
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 …
Alexander Hübner and Tom Sims
How to Prepare for the Next ‘Black-Swan’ Event? Lloyd’s Has Some Suggestions. July 2, 2020
Lloyd’s of London is proposing solutions that could provide customers with greater protection against a future wave of the COVID-19 virus or future systemic – “black swan” – catastrophes, such as another pandemic, a global cyber attack or a solar …
L.S. Howard
Sompo Global Risk Solutions Launches Team in London to Serve UK, Europe Markets July 2, 2020
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Sompo Global Risk Solutions (GRS) has formed a new team, Sompo GRS Europe, based in London to serve the European market through retail …
TuSimple Launches Self-Driving Truck Network with Berkshire’s McLane, UPS July 2, 2020
U.S. technology company TuSimple on Wednesday launched a self-driving freight network with UPS and Berkshire Hathaway Inc. supply chain unit McLane that it said should operate nationwide by 2024 and start running some driverless trucks routes by 2021. United Parcel …
Nick Carey
AXIS Taps Woolley from GCube as Senior Underwriter, Int’l Construction Team July 2, 2020
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of Anna Woolley as a senior underwriter in its International Construction team, effective immediately. In this role, Woolley will focus on writing new business and …
Update: Online Insurer Lemonade Raises $319M During U.S. Stock Market Debut July 2, 2020
Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., jumped as much as 86% after raising $319 million in its U.S. initial public offering. Shares of the company opened at $50.06 and rose as high as $53.96 …
Crystal Tse