Insurance Journal
Insurers in Louisiana have until Friday, Aug. 30 to compete a data call relating to property and casualty homeowners’ insurance policies and commercial lines property policies during the 2024 hurricane season. Louisiana Insurance Commissioner T...
Posted: Aug 26, 2024
Christensen Group Insurance, headquartered in Eden Prairie, Minnesota, appointed Chuck Mazzanti to spearhead its expansion into the Chicago metropolitan area. Mazzanti is a commercial lines producer with over 15 years of industry experience. He most...
Posted: Aug 26, 2024
The Texas Department of Insurance, Division of Workers’ Compensation will hold a Brown Bag Series with stakeholders in the workers’ compensation system this fall, with a half dozen meetings scheduled across the state. The series will focu...
Posted: Aug 26, 2024
AM Best said it has assigned and placed under review with negative implications a Long-Term Issue Credit Rating of bbb+ (Good) to the $40 million, 9.5% surplus notes due 2044 issued by Church Mutual Insurance Company, S.I. Additionally, AM Best ̷...
Posted: Aug 26, 2024
The U.S. Department of Justice and eight states sued RealPage on Friday, accusing the property management software company of using algorithms to help landlords illegally collude and drive up rents for apartments. The lawsuit filed in North Carolina...
Posted: Aug 26, 2024
AMES, Iowa (AP) — At first glance, it looks like an unassuming farm. Cows are scattered across fenced-in fields. A milking barn sits in the distance with a tractor parked alongside. But the people who work there are not farmers, …
Posted: Aug 26, 2024
A federal judge has weakened the Biden administration’s effort to use a historic civil rights law to fight industrial pollution alleged to have taken a heavier toll on minority communities in Louisiana. U.S. District Judge James David Cain of L...
Posted: Aug 26, 2024
A high school football player in Alabama died after he suffered a brain injury in a Friday night game, according to multiple news reports. Caden Tellier, whose mom once held an Alabama insurance producer license, played quarterback for Morgan Academy...
Posted: Aug 26, 2024
Top U.S. oilfield services firm Halliburton said on Friday it was working with law enforcement to determine the extent of a computer systems breach and was yet to determine if the incident would have a material impact on its business. …
Posted: Aug 26, 2024
New Jersey has raised the cap on fees for attorneys handling workers’ compensation cases from 20% to 25% of settlements. The primary sponsors of S2822/A3986 were Senator Joseph Lagana and Assemblymen Anthony Verrelli and Robert Karabinchak. The...
Posted: Aug 26, 2024
Utility firm Hawaiian Electric raised going concern doubts on Friday after disclosing that it did not have a financing plan in place for the $1.99 billion Maui wildfire settlement it reached earlier this month. The company and its parent Hawaiian ...
Posted: Aug 26, 2024
Conflicting federal policies may force thousands of residents in flood-prone areas to pay more for flood insurance or be left unaware of danger posed by dams built upstream from their homes and worksites, according to an Associated Press review of &#...
Posted: Aug 26, 2024
The driver of a dump truck learned the hard way that it’s best not to tempt fate on a covered bridge originally built before the Civil War. The loaded vehicle crashed into the Presumpscot River on Friday afternoon, leaving a …
Posted: Aug 26, 2024
CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice’s family is millions of dollars behind on payments to employees’ health insurance fund at their financially beleaguered hotel, putting workers’ coverage at risk despite the U.S...
Posted: Aug 26, 2024
Fires were burning around the oil tanks of a ship that was attacked by Houthi militants in the Red Sea, but there were no signs of a spill so far, the European Union naval force in the region said. Flames …
Posted: Aug 26, 2024
Australians can now legally ignore unreasonable after-hours work calls and emails under new government legislation that came into effect on Monday, drawing criticism from business groups. Under the laws, employers face fines of up to A$93,000 ($63,00...
Posted: Aug 26, 2024
Italian prosecutors have placed under investigation the captain of the superyacht that sank off Sicily last week in a storm, killing British tech magnate Mike Lynch and six other people, a judicial source said on Monday. James Cutfield, a 51-year-old...
Posted: Aug 26, 2024
Italian prosecutors have placed under investigation the captain of the superyacht that sank off Sicily last week in a storm, killing British tech magnate Mike Lynch and six other people, one of the captain’s lawyers said on Monday. James Cutfie...
Posted: Aug 26, 2024
Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up their premiums, potentially putting billions of dollars in mortgage loans at risk, a report said on Monday. As of March 2024,...
Posted: Aug 26, 2024
Finnish forestry company Stora Enso Oyj suspended some harvesting activities after thousands of endangered freshwater pearl mussels died at one of its sites. Harvesting was stopped in all areas across Finland where there are restrictions under the Wa...
Posted: Aug 26, 2024
Typhoon Shanshan is expected to approach Japan’s southern island of Kyushu on Tuesday or Wednesday, with railway operators warning of service disruptions and an airline canceling flights. The storm is packing maximum sustained winds near its ce...
Posted: Aug 26, 2024
This post is part of a series sponsored by PCF Insurance Services. Matt Barber of PCF Construction offers a guide to two types of commercial construction insurance, and when each makes the most sense. In the world of construction, navigating …
Posted: Aug 26, 2024
An appeals court in Washington, D.C. revived the district’s lawsuit against Amazon.com Inc on Thursday, saying it plausibly claimed the online retailer’s pricing policies illegally stifle competition. The District of Columbia Court of App...
Posted: Aug 26, 2024
Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she said were attempts by the bank to give regulators false information. On Thursday, the bank responded to a lawsuit filed ̷...
Posted: Aug 26, 2024
Microsoft Corp. is planning a meeting next month with cybersecurity companies that operate at the core of its Windows systems to discuss ways in which they can keep last month’s worldwide computer crash from happening again. Cyber companies — i...
Posted: Aug 26, 2024