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News – Insurance Journal
U.S. Pension Funds Sue Allianz After $4 Billion in Coronavirus Losses
Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments during the coronavirus market meltdown. Market panic around the …
POSTED SEPTEMBER 29, 2020 1:30 AM |
Oregon Insurance Division Issues Amended Wildfire Emergency Order
The Oregon Department of Consumer and Business Services’ Division of Financial Regulation has issued an amended wildfire emergency order. The amended order means that insurance companies must immediately take steps to do the following until the order expires: Extend all …
POSTED SEPTEMBER 28, 2020 10:34 PM |
California Ban on Fracking by 2024 Criticized as Too Late
California Gov. Gavin Newsom moved Wednesday to end issuing new hydraulic fracturing permits by 2024, a delay criticized by many environmental groups but characterized as legally and politically realistic by another. “He can suspend fracking now, but he is punting …
POSTED SEPTEMBER 28, 2020 8:29 PM |
Report: COVID-19 Accounts for 1-in-9 California Workers’ Comp Claims in 2020
The California workers’ compensation COVID-19 claim count continued to grow in August, albeit at a much slower rate than in July, with new data showing that as of Sept. 21, the state had recorded 5,130 COVID-19 claims with August injury …
POSTED SEPTEMBER 28, 2020 8:26 PM |
Restaurant Owners Sue W.Va. Governor Over Coronavirus Bar Closures
The owners of 12 restaurants and bars sued the governor of West Virginia on Wednesday for indefinitely closing establishments in student-heavy Monongalia County due to the coronavirus. Gov. Jim Justice ordered bars closed there on Sept. 2 after pictures were …
POSTED SEPTEMBER 28, 2020 4:56 PM |
Florida Gov Lifts Virus Restrictions On All Businesses
Gov. Ron DeSantis lifted all restrictions on restaurants and other businesses in Florida on Friday, and banned local fines against people who refuse to wear masks as he seeks to reopen the state’s economy despite the spread of the coronavirus. …
POSTED SEPTEMBER 28, 2020 4:47 PM |
Washington Officials Say State Being Targeted by Phishing Campaign
Washington state is among those being targeted by a “large-scale, highly sophisticated” nationwide phishing campaign, the office of Gov. Jay Inslee said. At a press conference Thursday, Inslee said that the state is taking proactive measures to protect state systems, …
POSTED SEPTEMBER 28, 2020 3:25 PM |
Minnesota Hits 2,000 COVID-19 Deaths, Daily Case High
Minnesota recorded a grim milestone on Saturday as health officials reported that over 2,000 people have died from COVID-19. The state also posted an all-time high for cases reported in a day with 1,478 people testing positive for the virus. …
POSTED SEPTEMBER 28, 2020 3:22 PM |
Indiana Sheriff Will Pay Settlement in Shoving Lawsuit
A northeastern Indiana sheriff has agreed to pay $55,000 to cover the county’s settlement of a lawsuit over allegations that he shoved a 15-year-old boy during a festival. Allen County Sheriff David Gladieux said this past week he apologized for …
POSTED SEPTEMBER 28, 2020 3:20 PM |
Detroit Thanksgiving Parade Going Forward, But No Spectators
The 94th Detroit Thanksgiving parade will march on, but any spectators probably will be in their pajamas. People will not be allowed to line the parade route in downtown Detroit because of the coronavirus. Instead they’ll have to watch the …
POSTED SEPTEMBER 28, 2020 3:19 PM |
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