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News – Insurance Journal
698 Louisiana Businesses Cited for Violating COVID-19 Rules
Nearly 700 restaurants, bars and businesses in Louisiana were cited in July for violating the governor’s coronavirus restrictions, according to records from the State Fire Marshal’s Office. The businesses failed inspections for violations such as lack of face mask-wearing, tables …
POSTED AUGUST 04, 2020 2:34 PM |
Louisiana Contractor Disputes Pay After Demolishing Wrong House
A Louisiana contractor has been in a tussle with city officials regarding payments for a demolition project after he accidentally tore down the wrong house. “There was a big mix-up with the addresses and the information given to me and …
POSTED AUGUST 04, 2020 2:32 PM |
CNA Financial Reports Second Quarter Profit of $151M
CNA Financial Corp. on Monday reported second-quarter profit of $151 million. On a per-share basis, the Chicago-based company said it had net income of 55 cents. Earnings, adjusted for investment gains, were 36 cents per share. The insurance holding company …
POSTED AUGUST 04, 2020 2:26 PM |
Mercury General in California Reports 2Q Earnings of $228M
Mercury General Corp. on Monday reported second-quarter earnings of $228.2 million. The Los Angeles-based company said it had net income of $4.12 per share. Earnings, adjusted for investment gains, were $1.86 per share. The auto insurance company posted revenue of …
POSTED AUGUST 04, 2020 2:24 PM |
One80 Intermediaries Acquires National Underwriting Services in Texas
One80 Intermediaries has acquired National Underwriting Services Inc. in San Antonio, Texas. Terms of the deal were not disclosed. National Underwriting Services is a specialty underwriter of medical stop loss coverage for self-funded employers across the U.S. One80 is a …
POSTED AUGUST 04, 2020 2:19 PM |
Officials: Vehicle Malfunction Sparked Southern California Wildfire
A wildfire in mountains east of Los Angeles that has forced thousands of people from their homes was sparked by a malfunctioning diesel vehicle, fire officials said Monday. The vehicle spewed burning carbon from its exhaust system, igniting several fires …
POSTED AUGUST 04, 2020 2:14 PM |
FCC Seeks Comments on Trump Plan to Weaken Internet Firms’ Liability Protection
The Federal Communications Commission will take comments for 45 days on President Donald Trump’s proposal to weaken liability protection for social-media companies such as Twitter Inc., the agency’s chairman said. The step ensures the that administration’s request will get a …
POSTED AUGUST 04, 2020 1:48 PM |
UK Insurer Direct Line’s H1 Profits Beat Forecasts as Auto Claims Drop During Lockdown
Insurer Direct Line gave a double bonus to shareholders on Tuesday as first-half profits beat expectations due to a slump in motor claims as Britons drove less during the coronavirus lockdown. Britain’s biggest car insurer raised its interim dividend 2.8% …
POSTED AUGUST 04, 2020 1:47 PM |
Delaware Urges Residents to Prepare for Tropical Storm Isaias
As Tropical Storm Isaias approaches Delaware, residents are urged to prepare for dangerous winds of more than 55 miles per hour and up to six inches of rain. Storm surges, localized flooding, tree damage, power outages and other threats to …
POSTED AUGUST 04, 2020 1:47 PM |
N.Y. Manufacturer Fined, Citations Upheld for Falsely Claiming Violations Corrected
An administrative law judge with the independent Occupational Safety and Health Review Commission has upheld citations and penalties from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) against Timberline Hardwood Floors LLC, a custom hardwood-flooring manufacturer that …
POSTED AUGUST 04, 2020 1:36 PM |
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