Insurance Journal
BISMARCK, N.D. (AP) — A Canadian man has pleaded guilty to federal crimes for shootings at electrical substations and an oil pipeline in the Dakotas that caused $1.7 million in damages. Cameron Monte Smith pleaded guilty Wednesday in U.S. District &#...
Posted: Sep 16, 2024
LITTLE ROCK, Ark. (AP) — A county in western Arkansas and a health provider have agreed to a $6 million settlement with the family of a man who died from dehydration and malnutrition while being held in a local jail, …
Posted: Sep 16, 2024
Cooler weather enabled firefighters to make progress over the weekend against three Southern California wildfires. Authorities have started scaling back evacuations at the largest blaze. The Bridge Fire east of Los Angeles has burned 54,690 acres, bu...
Posted: Sep 16, 2024
It looks like the market for directors and officers insurance is shifting, according to Woodruff Sawyer, with the number of renewals seeing flat or price increases for the first time in 18 months. Though 83% of its clients continued to …
Posted: Sep 16, 2024
A Philadelphia Court of Common Pleas has upheld a Philadelphia jury’s $725.5 million verdict against ExxonMobil in a case of cancer linked to exposure to benzene, an ingredient in gasoline. The court denied ExxonMobil’s post-trial motions...
Posted: Sep 16, 2024
A potential tropical storm loomed off the coasts of the Carolinas Monday morning, with deteriorating conditions expected for the Wrightsville Beach and Wilmington areas. The National Weather Service and local news reports noted that the disturbance h...
Posted: Sep 16, 2024
A potential tropical storm loomed off the coasts of the Carolinas Monday morning, with deteriorating conditions expected for the Wrightsville Beach and Wilmington areas. The National Weather Service and local news reports noted that the disturbance h...
Posted: Sep 16, 2024
This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS), The Ardonagh Group, and Carbon Underwriting. A summary of these new hires follows here. Lillelund Named CEO of AGCS and Allianz Com...
Posted: Sep 16, 2024
Florida and much of the country face a real estate crash unless government officials deal with climate change, members of Congress said at a roundtable discussion Saturday in St. Petersburg. U.S. Sen. Sheldon Whitehouse, D-R.I., chair of the Senate B...
Posted: Sep 16, 2024
Elon Musk, owner of social media platform X, on Friday [Sept. 13] called Australia’s center-left government “fascists” over proposed legislation to slap fines on social media firms for failing to prevent the spread of misinformation...
Posted: Sep 16, 2024
Britain’s data centers will be classified “critical national infrastructure,” the government said on Thursday [Sept. 12], giving the servers and IT systems that underpin the country’s communications extra protection from cyber...
Posted: Sep 16, 2024
The European Union’s naval force said it managed to connect tug boats to a burning oil tanker in the Red Sea, and that the vessel is now being towed away. “The tug boats have successfully connected to the vessel and …
Posted: Sep 16, 2024
The strongest typhoon in more than seven decades has struck China’s financial hub, leading to widespread flight cancellations and disrupting holidaymakers at the start of a days-long national festival. Typhoon Bebinca — known as Beibijia in Chi...
Posted: Sep 16, 2024
This post is part of a series sponsored by Old Republic Surety. If you’re confused about the letter designations that stand for thousands and millions, you’re not alone. And it’s not your fault. In fact, it’s one of our most &...
Posted: Sep 16, 2024
The death toll from flooding in central Europe is climbing, with Poland preparing to declare a state of emergency. Storm Boris has brought torrential rain to the region, with red alerts still in place for parts of Austria, the Czech …
Posted: Sep 16, 2024
The death toll from flooding in central Europe is climbing, with Poland preparing to follow Austria in declaring a state of emergency. Storm Boris has brought torrential rain to the region, with red alerts still in place for parts of …
Posted: Sep 16, 2024
Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the U.S. government for prescriptions that were never dispensed, the Department of Justice said on Friday. The Justice Department said Walgreens violated t...
Posted: Sep 16, 2024
A Black UPS driver won a $237.6 million jury verdict in a case in which he alleged he’d been discriminated against and subject to a hostile work environment before being fired. The verdict, rendered Thursday in the US District Court …
Posted: Sep 16, 2024
23andMe will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company of failing to protect the privacy of 6.9 million customers whose personal information was exposed in a data breach &...
Posted: Sep 16, 2024
Boar’s Head said Friday it’s closing the Virginia plant tied to a deadly listeria outbreak. The Sarasota, Florida-based company said it will also permanently discontinue production of liverwurst, the product that was linked to the deaths...
Posted: Sep 16, 2024
EverPeak Insurance is launching operations in Arizona. EverPeak specializes in workers’ compensation coverage for small businesses and those in hard-to-place industries. EverPeak workers’ comp insurance is written on Attune, which has mor...
Posted: Sep 16, 2024
The city of Pittsburgh is seeking approval of a half-million-dollar payment to settle lawsuits over the collapse of a bridge into a ravine more than 2 1/2 years ago. Deputy Mayor Jake Pawlak said Friday he had asked the Pittsburgh …
Posted: Sep 16, 2024
A Colorado man was charged with arson after an investigation into a wildfire this summer that destroyed 29 homes and caused more than $30 million in property damage, authorities said. Jason Alexander Hobby, 49, was arrested last week, Larimer County...
Posted: Sep 16, 2024
This post is part of a series sponsored by Selectsys. In the fast-paced world of insurance, efficiency, accuracy, and speed are vital to success. For MGAs and wholesaler underwriters, the traditional challenges of navigating multiple carrier websites...
Posted: Sep 15, 2024
The CSX worker who discovered his friend run over by a pair of remote-control locomotives in a rail yard last year sees a simple solution to preventing similar deaths in the future: two-person crews. But that idea won’t be popular …
Posted: Sep 15, 2024