Industry News

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Chubb to Partner with National Association of Women Business Owners
June 18, 2019
The National Association of Women Business Owners (NAWBO) has partnered with Chubb to provide NAWBO members with small business insurance resources, including education, insurance products and services generally reserved for global corporations, incl …

4 Arkansas Counties Cleared to Get Disaster Assistance
June 18, 2019
The Federal Emergency Management Agency says four more counties in Arkansas have been approved for disaster assistance as a result of damage from storms and flooding that began May 21. Heavy rains produced record flooding in the state, especially alo …

Rain Leaves Midwest Veggie Farmers Struggling With No Aid on Horizon
June 18, 2019
Like farmers throughout the Midwest, this spring’s torrential rains turned Andrew Dunham’s land into sticky muck that set him back nearly a month in planting his crops. Unlike other farmers, though, Dunham won’t get a piece of a $16 billion …

State of the Cyber Insurance Market— Top Trends, Insurers and Challenges: A.M. Best
June 18, 2019
The cyber insurance market continues to grow and underwriting performance in this line remains strong, according to a new industry report. Direct premiums written for both standalone and packaged cyber policies grew about 10 percent in 2018 from $1.8 …

$10M Claim Says Police in Arizona Violated Family’s Rights
June 18, 2019
A $10 million legal claim was filed against the city of Phoenix that says police officers committed civil rights violations by pointing guns and profanely yelling commands at the father and pregnant mother of two young daughters because one of …

Hub International Acquires Foster & Parker Insurance Agency in California
June 18, 2019
Hub International Ltd. has acquired Foster & Parker Insurance Agency Inc. Terms of the deal were not disclosed. Steve Barsotti, president of Foster & Parker Insurance, and the staff will join Hub California. Foster & Parker Insurance is a …

Stringent Climate Policy Poised to Pass in Oregon
June 18, 2019
Oregon is on the precipice of becoming the second state after California to adopt a cap-and-trade program, a market-based approach to lowering the greenhouse gas emissions behind global warming. Supporters call it the United States’ most progressive …

Cal/OSHA Cites Solar Panel Installer $193K for Willful Fall Protection Violation
June 18, 2019
Cal/OSHA has cited an Anaheim, Calif. solar panel installation company $193,905 for multiple serious workplace safety hazards including one willful serious accident-related violation, following an investigation of a worker who was seriously injured a …

Professional Insurance Agents of New Jersey Elects Blum President
June 18, 2019
Professional Insurance Agents of New Jersey (PIANJ) has elected Bruce Blum of Somerset, N.J., president at the association’s annual business meeting at Harrah’s in Atlantic City. Blum is owner of Blum & Walsh Group Inc., a division of T.E. Freule …

New York Senator Schumer Calls for Repairs to Lake Ontario Infrastructure
June 18, 2019
New York Senator Chuck Schumer plans to call on the Army Corps of Engineers to provide funding for repairs to flood-ravaged infrastructure at Little Sodus Bay Harbor on Lake Ontario. A pier and a barrier bar began to collapse in …

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