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Tennessee Reports Highest Number of Boating Deaths in 37 Years in 2020
Tennessee had 32 boating-related deaths in 2020, the most in 37 years, wildlife officials said. The Tennessee Wildlife Resources Agency reported an increase in traffic on the state’s lakes and rivers in 2020 as outdoor activities such as boating increased …
POSTED JANUARY 27, 2021 8:58 AM |
Hay Joins Sedgwick in Tennessee as Global Chief People Officer
Sedgwick, a provider of technology–enabled risk, benefits and integrated business services, has added Michelle Hay as global chief people officer. With more than 25 years of professional experience and a human resources leadership and consulting expertise, Hay will have executive …
POSTED JANUARY 27, 2021 8:48 AM |
The Liberty Company Insurance Brokers in California Adds James
The Liberty Company Insurance Brokers in Woodland Hills, Calif., has added Jessica James to the firm. James focuses on construction, environmental, professional liability, non-profits, cannabis and lessor’s risk. She has more than 21 years of experience in the industry as …
POSTED JANUARY 27, 2021 6:00 AM |
Allstate to Sell Life Insurance Business to Blackstone for $2.8M to Grow in P/C
The Allstate Corp. is selling Allstate Life Insurance Co. to entities managed by investment firm Blackstone for $2.8 billion. Explaining the move from Allstate’s perspective, Allstate CEO Tom Wilson referred to a strategy to grow market share in personal lines …
POSTED JANUARY 27, 2021 6:00 AM |
Everest Re Cites Social Inflation for $400M Prior-Year Reserve Charge
Everest Re is the most recent insurance and reinsurance company to announce catastrophe and COVID losses in advance of fourth-quarter earnings, but Everest’s disclosure on Monday also addressed a boost in prior-year casualty reserves. “The decisive reserving actions we are …
POSTED JANUARY 27, 2021 6:00 AM |
Eurapco and B3i Introduce Unity, a Risk Transfer Service Built on Blockchain
What its creators say is the first global operational offering on blockchain infrastructure has been launched, enabling the transfer of facultative risks within a network of companies, with marine insurance being the first business line to try it out. Eurapco, …
POSTED JANUARY 27, 2021 6:00 AM |
Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz
There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance. A trio of Covid-19 related risks — business interruption, the pandemic …
POSTED JANUARY 27, 2021 6:00 AM |
Auto Theft Jumped in 2020
Auto theft appears to have increased considerably in 2020 compared to 2019, reversing two years of auto theft declines. A preliminary analysis by the National Insurance Crime Bureau shows there were 873,080 auto thefts in 2020, or almost 2,400 a …
POSTED JANUARY 27, 2021 6:00 AM |
Oklahoma AG Seeks $1.8M from Vendor After Failed PPE Order
State Attorney General Mike Hunter is seeking more than $1.8 million from a company he says owes that state after failing to deliver four orders of personal protective equipment (PPE) ordered by the Oklahoma Department of Health. In a petition …
POSTED JANUARY 27, 2021 1:16 AM |
Kansas Governor Extends Pandemic Disaster Declaration
Gov. Laura Kelly has signed a bill that extends the state’s disaster emergency declaration, allowing Kansas to continue to tap into resources for its pandemic response efforts. The legislation, which extends the declaration to March 31, aims to provide a …
POSTED JANUARY 27, 2021 1:07 AM |
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