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July 30, 2021Delaware Farm Receives Violation for Damaged Pipeline, Wastewater Spill
Delaware environmental officials have issued a notice of violation to Mountaire Farms in Millsboro after a contractor damaged a pipeline and treated wastewater spilled into Swan Creek. The notice from the Department of Natural Resources and Environme …


July 30, 2021DFS Issues New Report on Insurers’ Management of Climate Change Risks
The New York State Department of Financial Services (DFS) has issued a report analyzing New York domestic insurers’ management of the financial risks from climate change based on their 2020 responses to the National Association of Insurance Commissio …


July 30, 2021Gun Maker Offers $33M to Settle Suit by Sandy Hook Families
The maker of the rifle used in the Sandy Hook Elementary School shooting has offered some of the victims’ families nearly $33 million to settle their lawsuit over how the company marketed the firearm to the public. Lawyers for now-bankrupt …


July 30, 2021Bayer Books Additional $4.5 Billion for Roundup Litigation
Bayer said on Thursday it would book an additional provision of $4.5 billion related to litigation which alleges that its weedkiller Roundup can cause cancer. Bayer made the announcement in an update to investors on how it plans to deal …


July 30, 2021‘Real Time’ Cyber Risk Specialist At-Bay Pulls In $185M as Antidote to Insurance Spiral
At-Bay pulled in a whopping $185 million in new financing that the cyber insurance startup plans to use for new product development, expansion into new markets and hiring more employees. Including the new round, the managing general underwriter said …


July 30, 2021Cyber Criminals Target Remote Workers and ‘Critical Infrastructure to Corner Stores’
The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2000 compared to the first half of 2001, according to a new report by cyber insurer Coalition. An increasing number of attacks were …


July 30, 202185% of Flight Attendants Report Incidents With Unruly Passengers
Incidents with unruly passengers have become an everyday occurrence for flight attendants. A national survey of nearly 5,000 flight attendants found that more than 85 percent of all respondents had dealt with unruly passengers as air travel picked up …


July 30, 2021CDC Describes Delta Variant as Highly Contagious – Report
The U.S. Centers for Disease Control and Prevention (CDC) has described the Delta variant of the coronavirus as being as transmissible as chickenpox and cautioned it could cause severe disease, the Washington Post said, citing an internal CDC documen …


July 30, 2021UK’s Managing General Agents’ Association (MGAA) Expands to Republic of Ireland
The UK’s Managing General Agents’ Association (MGAA) has expanded its membership into the Republic of Ireland (ROI) following an initiative driven by Chief Executive Mike Keating. The move to enable MGAs, insurers and suppliers to join the associatio …


July 30, 2021Occam Underwriting Promotes Fisher to CEO, Succeeding Gibbins Who Becomes Chair
Occam Underwriting, the specialist lines-focused managing general agent, has announced the promotion of Chief Financial Officer Mark Fisher to chief executive officer, subject to regulatory approval. The previous CEO, Lance Gibbins, will continue to …

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