Insurance Journal

Michigan Golf Club Pays $440K Settlement for Alleged Fraudulent Pandemic Loan

RICHLAND, Mich. (AP) — A golf club in southwestern Michigan has agreed to pay $440,000 to settle allegations that it wrongly obtained a loan through a federal program during the COVID-19 pandemic, authorities said Monday. Gull Lake Country Club, near...

Posted: Aug 28, 2024

Missouri Football Field to Feature Shelter Insurance Logo in New Form of Advertisement

When the nationally ranked University of Missouri Tigers football team takes the field Thursday for its season opener against Murray State, fans will notice something unusual on the field: sponsored logos. A new rule change by the NCAA allows sponsor...

Posted: Aug 28, 2024

Delaware Top Court Will Hear Drugmakers’ Appeal to End Zantac Lawsuits

Delaware’s highest court said on Tuesday it will hear an appeal by GSK and other drugmakers seeking to end more than 70,000 lawsuits claiming discontinued heartburn drug Zantac caused cancer. GSK, Pfizer, Sanofi and Boehringer Ingelheim are ask...

Posted: Aug 28, 2024

Wearable Sensors Can Predict Overheating but Is There Privacy Risk?

On a hot summer day in Oak Ridge, Tennessee, dozens of men removed pipes, asbestos and hazardous waste while working to decontaminate a nuclear facility and prepare it for demolition. Dressed in head-to-toe coveralls and fitted with respirators, the...

Posted: Aug 28, 2024

NC High Court Allows Liquidation of Lindberg Insurers; He Owes $524M in Fed Case

Greg Lindberg, the North Carolina insurance and business executive now awaiting sentencing on a bribery conviction, can’t escape a $524 million arbitration and civil judgment against him, a federal appeals court decided this week. Also this wee...

Posted: Aug 28, 2024

Ban on Switchblades Violates Second Amendment: Massachusetts High Court

A 1957 Massachusetts law banning the possession of certain switchblades violates the federal Second Amendment right to bear arms, the highest court in Massachusetts has ruled. The state court found that switchblades qualify as “arms” unde...

Posted: Aug 28, 2024

Extreme Rain Is a Growing Climate Threat to the Northeastern US

As high temperatures break records around the US and wildfires rip through the West, another climate-driven weather hazard — extreme rainfall — is pummeling the country’s Northeast and scientists say it will get worse as the climate changes. Th...

Posted: Aug 28, 2024

Highstreet Acquires Wingert Insurance Agency in Washington

Highstreet Insurance Partners acquired Wingert Insurance Agency in Mill Creek, Washington. Wingert President Jason Wingert and Agency Vice President Shelley Wingert will continue leading their team at Wingert’s current location. Wingert provide...

Posted: Aug 28, 2024

Unusually Cold Storm That Frosted West Coast Peaks Provid Hint of Winter in August

Ski season is still at least several months away, but the unusually cold storm that frosted West Coast mountain peaks late last week brought a hint of winter in August. The calendar briefly skipped ahead to November as the system …

Posted: Aug 28, 2024

Unusually Cold Storm That Frosted West Coast Peaks Provides Hint of Winter in August

Ski season is still at least several months away, but the unusually cold storm that frosted West Coast mountain peaks late last week brought a hint of winter in August. The calendar briefly skipped ahead to November as the system …

Posted: Aug 28, 2024

Judge Weighs Resolution of $38 Million Damages Dispute in Youth Center Abuse Case

The $38 million verdict in a landmark lawsuit over abuse at New Hampshire’s youth detention center remains disputed nearly four months later, with both sides submitting final requests to the judge this week. “The time is nigh to have the...

Posted: Aug 28, 2024

Rare and Deadly Mosquito Virus Infection Has Massachusetts Towns on Alert

A rare but deadly disease spread by mosquitoes has one town in Massachusetts closing its parks and fields each evening. Four other towns are urging people to avoid going outdoors at night. They’re concerned about eastern equine encephalitis. St...

Posted: Aug 27, 2024

Inszone Acquires Texas’ Keith Williams Insurance Agency

Inszone Insurance Services, a provider commercial, personal and benefits insurance, announced the acquisition of Keith Williams Insurance Agency, Inc. (KWI), a Victoria, Texas-based agency serving individuals and businesses throughout Texas. This str...

Posted: Aug 27, 2024

Coney Island Roller Coaster Shut Down After Mid-Ride Malfunction

The famous Coney Island Cyclone roller coaster in New York City was shut down indefinitely after coming to a stop mid-ride last week. The 97-year-old wooden roller coaster at Luna Park was on its ascent on Thursday when ride operators …

Posted: Aug 27, 2024

Insurtech Root, Goosehead Partner on Tech Integration for Independent Agents

Root, Inc., parent company of Root Insurance Company, has partnered with personal lines insurance agency Goosehead Insurance, Inc. on a technology integration partnership they said will speed up Goosehead agents’ ability to sell Root insurance...

Posted: Aug 27, 2024

Kansas Man Senteced for Securities Fraud

Kansas Insurance Commissioner Vicki Schmidt announced that a Wichita man has been sentenced to prison for securities fraud. Jesse Wayne Harris, age 36, was sentenced in Sedgwick County District Court on August 20 to 30 months in prison for three &#82...

Posted: Aug 27, 2024

Kansas Man Sentenced for Securities Fraud

Kansas Insurance Commissioner Vicki Schmidt announced that a Wichita man has been sentenced to prison for securities fraud. Jesse Wayne Harris, age 36, was sentenced in Sedgwick County District Court on August 20 to 30 months in prison for three &#82...

Posted: Aug 27, 2024

SageSure and Markel Collaborate to Expand Capacity in Coastal States

Managing general underwriter SageSure announced it is collaborating with Markel to introduce new capacity to its expanded markets program, broadening underwriting eligibility in coastal states. SageSure Expanded Markets will distribute Markel’s...

Posted: Aug 27, 2024

Markets/Coverages: SageSure, Markel Collaborate to Expand Capacity in Coastal States

Managing general underwriter SageSure announced it is collaborating with Markel to introduce new capacity to its expanded markets program, broadening underwriting eligibility in coastal states. SageSure Expanded Markets will distribute Markel’s...

Posted: Aug 27, 2024

First MainStreet Insurance Adds Three Agencies

First MainStreet Insurance announced the addition of three new agencies to its platform. Pederson Insurance located in Nevada, Iowa joined FMSI on July 1. The insurance agency offers auto, commercial, farm, financial, home and powersports products. J...

Posted: Aug 27, 2024

Childcare Provider to Pay $43K in Back Wages After Retaliation Against Texas Worker

The U.S. Department of Labor has ordered the Southlake, Texas location of a national childcare provider to reinstate an employee and pay $43,295 in back wages and damages after the employer fired them for reporting concerns about unsanitary and unsaf...

Posted: Aug 27, 2024

Chicago Is About to Sizzle Under Hottest Days of the Summer

Chicago and the Midwest will swelter under the warmest days of summer as forecasters warn people to limit their outdoor activities. Temperatures in the Windy City are forecast to reach 96F (36C) on Monday and 98F on Tuesday, but with …

Posted: Aug 27, 2024

AT&T Paying to Resolve Investigation Into 911 Outage

AT&T has agreed to pay $950,000 after a Federal Communications Commission investigation found the company failed to deliver 911 calls to emergency call centers and did not notify officials during an August 2023 outage, the agency said on Monday....

Posted: Aug 27, 2024

The Murdaugh Drama in SC Continues: Store That Sold Beer Now Suing its Insurers

The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers for failing to defend it against a second lawsuit stemming from the sale of beer to an underage Paul Murdaugh …

Posted: Aug 27, 2024

Chinese Hackers Breach US Internet Firms Via Startup, Researcher Says

The state-sponsored Chinese hacking campaign known as Volt Typhoon is exploiting a bug in a California-based startup to hack American and Indian internet companies, according to security researchers. Volt Typhoon has breached four US firms, including...

Posted: Aug 27, 2024