Insurance Archives - Residential Property Insurance & Business Management

'Apocalyptic fall' might await US as it stands on brink of 200,000 deaths, doctors warn September 22, 2020
Taiwan offers a glimpse into a post Covid world September 22, 2020
New arrivals to Taiwan might be forgiven for thinking they've stepped back in time.
UK expected to announce new restrictions as cases surge
Keilar to Trump official: Where is Trump's healthcare plan? September 22, 2020
With two months left before the election, Brianna Keilar pressed White House deputy communications director and deputy press secretary Brian Morgenstern on when President Trump will release his health reform plan that would replace Obamacare.
Trump narrows list of Supreme Court nominees September 21, 2020
The two most divisive events in US politics are about to take place at the same time September 22, 2020
With the death of Supreme Court Justice Ruth Bader Ginsburg on Friday, Donald Trump has an opportunity to shape American life for decades to come.
Taiwan slams 'threat of force' as almost 40 Chinese warplanes breach median line September 21, 2020
Taiwan's President has accused Beijing of purposefully inflaming tensions in East Asia, after Chinese warplanes crossed the sensitive median line across the narrow strait that separates the mainland and the self-governing island almost 40 times on Friday and Saturday.
Dow tumbles as coronavirus fears mount September 21, 2020
In a painful start to the week for the Dow and the broader market, stocks tumbled at the opening bell in New York as investors worry when Washington will agree another stimulus bill.
China confirms huge birth rate drop in Xinjiang, but denies forced sterilization of women
China confirms huge birth rate drop in Xinjiang, but denies forced sterilization of women
At the UN this week, Trump will be denied something he loves September 21, 2020
This year's gathering of the global elite at the UN General Assembly (UNGA) has been cramped by Covid-19: World leaders won't flock to New York, opting instead for a virtual speech fest. Gone will be the diplomatic pull asides, the lobbying, the power lunches and cocktail parties.
Ex-top Trump adviser: Trump policy 'in part partnering with Taliban' September 21, 2020
President Donald Trump's former national security adviser H.R. McMaster said the withdrawal of US troops from places like Afghanistan and Germany are "mistakes" from a long-term national security perspective and called for a sustained commitment to assisting the Afghan government and its security forces.
Trump approves TikTok deal. But big questions remain September 21, 2020
Who controls TikTok? Is the social media platform safe? Has a US ban been averted for good?
Bar owner who was indicted in fatal shooting of Black protester dies by suicide September 21, 2020
A Nebraska bar owner who was indicted by a grand jury last week in the fatal shooting of a Black protester has died by suicide, his attorney Stu Dornan announced during a news conference Sunday.
The Arctic sea ice has shrunk to the second lowest number ever recorded September 21, 2020
Scientists believe the Arctic sea ice, or the floating ice cover of the Arctic Ocean, has reached its minimum extent for the year, shrinking to the second lowest extent since record-keeping began in 1978.
Toxins in water blamed for deaths of hundreds of elephants September 21, 2020
More than 300 elephants in Botswana have been killed by toxin-producing cyanobacteria in waterholes, government wildlife officials said Monday. But that explanation doesn't satisfy some conservationists.
Japan has lowest opinion of UN, survey finds September 21, 2020
As the United Nations turns 75, a majority of people in 14 developed nations approve of the international body's work in eight key areas, including fighting coronavirus, promoting action on climate change and building peace.
A surfer lost his board in Hawaii. It reappeared in the Philippines, more than 5,000 miles away September 21, 2020
A man who lost his surfboard in huge swells off Hawaii was amazed to discover it had been found in the Philippines -- 5,200 miles away.
Madrid opera canceled after audience revolts over social distancing concerns September 21, 2020
A live audience is always difficult to impress, perhaps even more so in the age of social distancing.
Hundreds of whales stranded on a sandbank in Australia September 21, 2020
Hundreds of pilot whales are stranded on a sandbar in Tasmania, an island off the southern coast of Australia.
Why Boris Johnson may have to cancel Christmas in the UK September 21, 2020
The number of coronavirus cases in the UK is doubling roughly every seven days, according to the country's chief scientific advisor, Patrick Vallance. If that rate continues to grow unabated, "by mid-October you would end up with something like 50,000 per day," which "could lead to 200 deaths a day" by November, Vallance warned at […]

Judge Allows Great Smoky Mountains Wildfire Lawsuits to Move Forward September 21, 2020
U.S. park officials have failed to show enough was done to keep the public updated as a deadly wildfire spread from Great Smoky Mountains National Park in 2016, a judge ruled. The decision earlier this month by U.S. District Judge …
Jonathan Mattise
Hurricane Sally Adds to Mounting Losses in Historic Gulf Coast Storm Season September 21, 2020
Hundreds of thousands of people were without power Friday along the Alabama coast and the Florida Panhandle in the aftermath of Hurricane Sally as officials assessed millions of dollars in damage that included a broken bridge in Pensacola and ships …
Angie Wang and Jay Reeves
9 More Indicted in Louisiana Truck/Auto Staged Accident Schemes September 21, 2020
With the addition of nine new indictments, 28 people now have been charged in a federal probe into the staging of automobile accidents in Louisiana, according to U.S. Attorney Peter G. Strasser. The nine defendants were charged in a seven-count …
Lockton Partners with Michigan Minority Enterprise Brokerage, Birwood Services Group September 21, 2020
Lockton has formed a strategic alliance with Birwood Services Group, a Detroit-based certified minority business enterprise (MBE) insurance brokerage. Lockton’s alliance with Birwood is part of the company’s strategy to fill a void in the insurance marketplace by building a …
AmRisc Wholesale in Texas Is Now Waypoint Wholesale September 21, 2020
AmRisc Group, a Houston, Texas-based managing general underwriter for catastrophe and special property insurance, has rebranded its AmRisc Wholesale division to Waypoint Wholesale. In addition to the new brand, there is a new logo — a compass rose with the …
Well Repairs Off Texas Coast Halted Due to Tropical Storm Beta September 21, 2020
Repairs to a leaking gas well just off the Texas coast have been halted because of Tropical Storm Beta, according to the city of Corpus Christi. “Due to deteriorating weather conditions, offshore repairs are temporarily on hold on the Magellan …
Kansas Supreme Court Weighs Guidelines for Compensating Injured Workers September 21, 2020
The Kansas Supreme Court has waded into the fray over obscure medical guidelines that will determine how much money workers injured on the job can collect. Justices on Sept. 17 heard legal arguments on Zoom over which edition of the …
Fire on Indianapolis Lot Damages, Destroys About 20 Trucks September 21, 2020
A fire that damaged or destroyed about 20 trucks on an Indianapolis lot is being investigated as arson. The blaze was reported about 3:30 a.m. on Sept. 17 at M&K Truck Center. Fire officials said smoke from the fire was …
Slow-Moving Storm Beta Set to Drench Texas, Louisiana Coasts September 21, 2020
Beta, a slow-moving tropical storm, will bring flooding rains to Texas and Louisiana as well as raking offshore energy fields with high winds, but may not reach hurricane strength. Beta’s winds will likely hold at 50 miles (80 km) per …
Brian K. Sullivan
California Governor Signs Workers’ Comp Law Protecting Workers from Virus September 21, 2020
California companies must warn their workers of any potential exposure to the coronavirus and must pay their employees workers compensation benefits if they get sick with the disease under two laws that Gov. Gavin Newsom signed last week. Newsom, a …
Adam Beam
Utah’s Wildfire Costs Soar with Human-Caused Blazes September 21, 2020
Utah’s wildfire season has broken records for the number of human-caused fires and the costs to taxpayers. During a presentation of the Utah State Legislature’s powerful Executive Appropriations Committee, the Utah Division of Forestry, Fire & State Lands said it …
Land Unstable After Landslide Blocks River, Causes Emergency in Maine City September 21, 2020
A state of emergency remained in effect Thursday in the city of Westbrook, Maine, where workers have been assessing landslides that blocked the Presumpscot River. Westbrook Fire Chief Andrew Turcotte said Thursday that the immediate threat of flooding subsided, but …
Connecticut Insurance Department Names Liu as Director of Captive Insurance Division September 21, 2020
Connecticut Insurance Department Commissioner Andrew N. Mais has named Fenhua Liu as the new director of the department’s Captive Insurance Division. Liu has more than 25 years of global experience in insurance and risk management that will serve the department …
Arthur J. Gallagher & Co. Acquires The Merriam Agency September 21, 2020
Arthur J. Gallagher & Co. has acquired Charles W. Merriam & Son Inc., d/b/a The Merriam Agency. Terms of the transaction were not disclosed. Founded in 1895, The Merriam Agency is a full-service insurance agency with offices in upstate New …
Zurich Insurance Supports Reforestation in Brazil’s Atlantic Forest With 1 Million Trees September 21, 2020
Zurich Insurance Group said it will sponsor a reforestation project in Brazil to convert barren farmland back into native forest that is rich in plant and animal life. The eight-year project will help to restore Brazil’s Atlantic Forest, the “other” …
Fed Leader Says ‘Pernicious’ Effects of Redlining Against Blacks Still Persist September 21, 2020
The “pernicious and persistent” impact of long-outlawed policies like “redlining” Blacks out of white neighborhoods continues to influence the ability of minority families to amass wealth, and requires a deeper look at how those longstanding problems might be addressed, Atlanta …
Howard Schneider
FCA to Insurer CEOs: Don’t Delay in Paying Valid COVID Business Interruption Claims September 21, 2020
In a follow-up to the High Court’s ruling on coronavirus-related business interruption claims by businesses, the UK’s Financial Conduct Authority (FCA) is advising insurers that they must pay all valid claims “in full at the earliest possible date to support …
Andrew G. Simpson
The Villages of Florida Adds 3 from State Farm to Personal Lines Team September 21, 2020
The Villages Insurance Partners has added 3 former State Farm employees to its Personal Lines Insurance team. Specializing in home, auto and golf car insurance, Chelsea Allen, Julia Skillman and Lacey Maher collectively bring over 10 years’ experience in the …
How Insurance Industry Might Respond if a Pandemic Is an Act of Terror September 21, 2020
Imagine a scenario where COVID-19 was manufactured in a lab and was released as an act of terror. Tracey Gibbons, senior vice present, Underwriting, at Third Point Re, considers this possibility during a presentation for Carrier Management’s new series of …
L.S. Howard
Startups Developing Technologies to Clean Air in Workplaces of Coronavirus September 21, 2020
Smithfield Foods Inc. thought it was doing great. In the first quarter of this year, the pork giant’s earnings were up 190% over the same period in 2019. Then the pandemic hit, and the close quarters of meatpacking plants made …
Larissa Zimberoff