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News – Insurance Journal
Insured Losses From Hurricane Isaias Could Reach $4 Billion in U.S.
Hurricane Isaias likely caused $4 billion of insured losses in the U.S. and $200 million in the Caribbean, according to risk modelers at Karen Clark & Co. The estimates cover privately insured wind and storm surge damage to residential, commercial, …
POSTED AUGUST 11, 2020 12:25 AM |
California Judge Blocks Uber, Lyft From Classifying Drivers as Contractors
A California judge on Monday granted the state’s request for a preliminary injunction blocking Uber Technologies Inc. and Lyft Inc. from classifying their drivers as independent contractors rather than employees. The judge signaled last week he might be leaning against …
POSTED AUGUST 11, 2020 12:12 AM |
Homes Evacuated by Growing Wildfire in Western Colorado
Several residents near a western Colorado wildfire were ordered to evacuate as the blaze continues to expand. The fire about 18 miles north of Grand Junction was started more than a week ago by lightning in remote and rough terrain …
POSTED AUGUST 10, 2020 11:03 PM |
Judge Orders PG&E in California to Beef up Safety
A federal judge has ordered Pacific Gas and Electric to better inspect high-voltage power lines, hire more tree-trimming supervisors and upgrade records regarding the age of electrical equipment as part of efforts to prevent deadly and destructive wildfires and other …
POSTED AUGUST 10, 2020 10:58 PM |
Brown & Brown Acquiring HAUSER in Ohio
Brown & Brown Inc. has entered into an agreement to acquire the assets of HAUSER in Ohio. The deal is expected to close in September, subject to certain closing conditions. Terms were not disclosed. HAUSER focuses on insurance solutions for …
POSTED AUGUST 10, 2020 5:12 PM |
North Carolina Reports No Damage After Strongest Earthquake Since 1916
Officials say an earthquake – the strongest in more than 100 years – shook much of North Carolina early Sunday, rattling homes, buildings and residents. The National Weather Service in Greenville said the 5.1-magnitude temblor struck at 8:07 a.m., following …
POSTED AUGUST 10, 2020 4:57 PM |
Arizona Wins $22.5M Judgment Against Vaping Firm
Arizona’s attorney general has obtained a $22.5 million judgment against a New Jersey-based vaping company along with a court order permanently barring the company from selling its products in the state. Attorney General Mark Brnovich announced the judgment against Eonsmoke …
POSTED AUGUST 10, 2020 2:57 PM |
Indiana Utility Facing $1.1M Safety Violations Fine
A northern Indiana utility is facing a $1.1 million fine, the largest in state history, after state regulators cited it for natural gas pipeline safety violations and specified that the company cannot pass that cost onto its ratepayers. The Indiana …
POSTED AUGUST 10, 2020 2:54 PM |
Texas Governor Extends Disaster Declaration for COVID-19
Texas Gov. Greg Abbott has extended a statewide disaster declaration he first issued in March to allow the state to better respond to the coronavirus pandemic. “Renewing this Disaster Declaration will provide communities with the resources they need to respond …
POSTED AUGUST 10, 2020 2:51 PM |
Arkansas Health Officials Report 772 New COVID-19 Cases
There are an additional 772 reported coronavirus cases in Arkansas and 14 additional deaths due to COVID-19, the disease caused by the virus, the Arkansas Department of Health reported. The department said there are 48,811 confirmed coronavirus cases and 535 …
POSTED AUGUST 10, 2020 2:49 PM |
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