Insurance Journal
Federal safety officials said that almost four months after a fatal explosion at a steel-hardening facility in Tennessee, teams are still trying to determine the exact cause of the incident. One worker was killed in the explosion at the Techniques &#...
Posted: Sep 27, 2024
Appeals court judges signaled skepticism on Thursday toward the civil fraud case brought by New York state against Donald Trump as the former president asked them to toss a nearly half-billion dollar judgment against him over real estate business pra...
Posted: Sep 27, 2024
Connecticut Governor Ned Lamont announced that the U.S. Small Business Administration (SBA) has opened two business recovery centers that are now providing in-person assistance to businesses applying for federal disaster aid for damages incurred caus...
Posted: Sep 27, 2024
The Pac-12 is suing the Mountain West over what it calls an unlawful and unenforceable “poaching penalty” that would cost the rebuilding conference more than $40 million for adding Boise State, Fresno State, Colorado State and San Diego S...
Posted: Sep 27, 2024
The Pac-12 is suing the Mountain West over what it calls an unlawful and unenforceable “poaching penalty” that would cost the rebuilding conference more than $40 million for adding Boise State, Fresno State, Colorado State and San Diego S...
Posted: Sep 27, 2024
The New York City Council will introduce legislation this week that would drastically reduce the amount of insurance coverage taxi and ride-share vehicles are required to maintain, looking to contain potential fallout from the insolvency of the city&...
Posted: Sep 27, 2024
A man who spent 26 years in solitary confinement despite a history of mental illness can sue Pennsylvania prison officials for alleged cruel and unusual punishment, a U.S. appeals court said in reviving the man’s lawsuit. Roy Lee Williams spent...
Posted: Sep 27, 2024
When it comes to climate change, there are two Chipotles. One is the fast-casual burrito chain with a focus on sustainable ingredients, an app that lets customers track the carbon footprint of their orders and a goal to halve its …
Posted: Sep 27, 2024
This post is part of a series sponsored by Selectsys. In the ever-evolving insurance industry, efficiency and accuracy in policy issuance and servicing are crucial to maintaining competitiveness and delivering a superior customer experience. Insuranc...
Posted: Sep 26, 2024
Safeco Insurance, a Boston-based Liberty Mutual Insurance company, said it has entered into a book transfer agreement with Columbia Insurance Group, a Central and Midwest regional carrier. Under the agreement, mutual insurer Columbia will transfer it...
Posted: Sep 26, 2024
As Hurricane Helene gains strength in the unusually warm waters of the northern Gulf of Mexico, forecasters, claims adjusting firms and analytics experts are warning that the storm could be more damaging than other recent storms that hit the same ...
Posted: Sep 26, 2024
CLEVES, Ohio (AP) — Students in school buildings and residents in neighboring homes were told to evacuate after a dangerous chemical began leaking from a railcar Tuesday near Cincinnati. Aerial video showed firefighters spraying down the car, which w...
Posted: Sep 26, 2024
Amwins has recommitted to giving the University of Louisiana Monroe’s Risk Management and Insurance program by donating $100,000 over 10 years. Amwins and ULM held a check presentation to commemorate the donation on September 17. David Lavins,...
Posted: Sep 26, 2024
Inszone Insurance Services acquired First West Insurance Agency in Huntington Beach, California. Originally established in 1968 as Shearer Insurance, the firm merged in 1979 with First West Insurance Agency. Owners Phil and Kristen Shearer will remai...
Posted: Sep 26, 2024
Alera Group announced the acquisition of Insurance Underwriters Ltd., a Louisiana-based insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and employee benefits. IUL provid...
Posted: Sep 26, 2024
A defamation trial against Newsmax Media kicks off on Thursday over allegations the conservative outlet damaged Smartmatic by broadcasting false claims that the voting machine company helped steal the 2020 U.S. presidential election from Donald Trump...
Posted: Sep 26, 2024
Newsmax Media reached a confidential settlement of a lawsuit by Smartmatic, the voting machine maker that had alleged it was defamed by the news outlet’s false claims that its machines were rigged to help steal the 2020 U.S. presidential electi...
Posted: Sep 26, 2024
Xceedance announced it has acquired Millennium Information Services, a property inspection and data analytics company based in Chicago. With the acquisition, the Xceedance Americas team adds nearly 200 team members and a nationwide contractor network...
Posted: Sep 26, 2024
The Ardonagh Group, the London-based independent insurance distribution platform, announced that PSC Insurance Group Ltd.’s shareholders voted in favor of its proposed acquisition. The transaction, which is valued at A$2.3 billion (US$1.6 billi...
Posted: Sep 26, 2024
In the long war between auto insurers and windshield repair shops, the Florida Supreme Court this week sided with glass companies, leaving GEICO with little choice but to ask lawmakers to change the law if it feels repair prices have …
Posted: Sep 26, 2024
AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of Boston-based Medical Professional...
Posted: Sep 26, 2024
Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence. Cybercriminals increasingly use generative AI, including voice calls and video, to scam...
Posted: Sep 26, 2024
As its authority is routinely questioned, the Federal Trade Commission has filed complaints against five companies it said use artificial intelligence (AI) to “supercharge deceptive or unfair conduct.” “Using AI tools to trick, misl...
Posted: Sep 26, 2024
Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian LNG, with the government saying it was using new legal powers for the first time to target LNG vessels directly. “Earlier this year, the...
Posted: Sep 26, 2024
Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has launched an office in Bermuda to focus on wholesale insurance broking for its global clients. Trading as Acrisure Bermuda Ltd., the new business unit aims to comp...
Posted: Sep 26, 2024