Insurance Journal
Johnson County’s newest state representative, Helen Kerwin, R-Cleburne, filed her first bill Friday targeting an environmental problem that has struck her county: PFAS contamination in sewage sludge-based fertilizers. Kerwin said House Bill 167...
Posted: Dec 23, 2024
Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers without their consent, a US consumer protection agency said on Monday. The Consumer Financial Protection Bureau sued Walmart and B...
Posted: Dec 23, 2024
The Federal Aviation Administration said on Thursday it was temporarily barring drone flights over dozens of critical infrastructure sites in New Jersey and New York. A frenzy of concern about drones in New Jersey and surrounding states has prompted...
Posted: Dec 23, 2024
Virginia Governor Glenn Youngkin, citing damage done by Hurricane Helen and other disasters, has proposed a $127 million disaster assistance fund to fill gaps left behind in communities by insurance and federal and private recovery efforts. Youngkin...
Posted: Dec 23, 2024
In the waning days of President Joe Biden’s administration, the government’s highway safety agency is proposing voluntary safety guidelines for self-driving vehicles. But a rule from the National Highway Traffic Safety Administration putt...
Posted: Dec 23, 2024
DADEVILLE, Ala. (AP) — A storm was looming when the inmate serving 20 years for armed robbery was assigned to transport fellow prisoners to their jobs at private manufacturers supplying goods to companies like Home Depot and Wayfair. It didn’t...
Posted: Dec 23, 2024
California’s milk production in November plummeted as a bird flu outbreak spreads rapidly among herds in the country’s biggest dairy state. The state produced just under three billion pounds of milk in November, down 9.2% from the same mo...
Posted: Dec 23, 2024
Insurance commissioners from nine states are looking to the new Department of Government Efficiency to do away with the Federal Insurance Office. The letter, addressed to DOGE heads Elon Musk and Vivek Ramaswamy, said the FIO’s mission of monit...
Posted: Dec 23, 2024
RiverStone International, the London-based provider of legacy solutions, announced it has signed an agreement with the French branch of Zurich Insurance Europe and Zurich Insurance Co. to provide a loss portfolio transfer reinsurance (LPT) and an ins...
Posted: Dec 23, 2024
LYONS, Ga. (AP) — Twisted equipment and snapped tree limbs still litter Chris Hopkins’ Georgia farm more than two months after Hurricane Helene made its deadly march across the South. An irrigation sprinkler system about 300 feet (92 meters) lo...
Posted: Dec 23, 2024
Fire restrictions are in place across the Australian state of Victoria as one of its most popular national parks burns and officials warn of potentially “catastrophic” conditions in some areas over Christmas. A large bushfire near the sce...
Posted: Dec 23, 2024
Initial findings from the flight recorders of a DHL-operated plane that crashed near Vilnius Airport in November have given no indication of “illegal interference”, according to the Lithuanian Justice Ministry. “The preliminary anal...
Posted: Dec 23, 2024
Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer.Each Direct Line shareholder will be entitled to receive 0.2867 new Aviva shares, 129.7...
Posted: Dec 23, 2024
Wells Fargo & Co. said it’s leaving the world’s biggest climate alliance for banks, in the latest sign that Wall Street is breaking away from such groups. The company said in a statement Friday that it ended its membership in …
Posted: Dec 23, 2024
Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday. The hacking amount exceeded $1 billion for the fourth straight year and the &#...
Posted: Dec 23, 2024
Be on the lookout for Grinch-like characters hanging out at transportation hubs over the holidays. A CargoNet analysis of holiday-period theft data from the past five years shows a heightened risk during the Christmas and New Year periods. The days &...
Posted: Dec 23, 2024
Two Kentucky Supreme Court rulings handed down last week emphasize how important it can be to have clearly worded insurance policies, including exclusions and excess and escape clauses, particularly in high-dollar commercial coverage. In Motorists Mu...
Posted: Dec 23, 2024
The Labor Commissioner’s Office fined the Maybourne Beverly Hills $4.4 million for violating California’s Worker Recall Law. The LCO issued the fine in response to the a luxury resort’s failure to rehire employees who were laid off...
Posted: Dec 23, 2024
The Labor Commissioner’s Office fined the Maybourne Beverly Hills $4.4 million for violating California’s Worker Recall Law. The LCO issued the fine in response to the a luxury resort’s failure to rehire employees who were laid off...
Posted: Dec 23, 2024
A Vermont military contractor will pay nearly half a million dollars to settle allegations that it used some foreign-sourced materials in certain protective eyewear it sold when it was required to use all domestic parts, according to the office of &#...
Posted: Dec 23, 2024
Hub International Ltd. acquired the assets of Great Basin Insurance Inc. Agency Partners Dana Loreman and Bill Gilmore Jr., and the Great Basin Insurance team, will join Hub Northwest. Great Basin Insurance will be referred to as Great Basin Insuranc...
Posted: Dec 23, 2024
Montana’s Supreme Court upheld a landmark climate ruling that said the state was violating residents’ constitutional right to a clean environment by permitting oil, gas and coal projects without regard for global warming. The justices, in...
Posted: Dec 20, 2024
The U.S. Department of Labor obtained a consent judgment and order in the U.S. District Court for the Northern District of Illinois on Dec. 2, 2024, that requires D’Nuez Corp. and owners Antonio Rendon and Albino Rendon – operators of ...
Posted: Dec 20, 2024
Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing by 57% during the past decade and nuclear verdicts rising in frequency, said Swiss Re, pointing to jury awards above …
Posted: Dec 20, 2024
Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS). The TPMS warning light may not remain illuminated between drive cycles, failing to warn the driver of …
Posted: Dec 20, 2024