Insurance Journal
First responders launched high-water and helicopter rescues of people trapped in cars and homes in rural New York and Pennsylvania as heavy rain from the remnants of Debby slammed the Northeast with intense floods. The worst of the flash flooding ...
Posted: Aug 11, 2024
California Insurance Commissioner Ricardo Lara on Friday released a statement on his latest administrative action designed to address the state’s homeowners insurance crisis. Lara today issued a bulletin implementing rate review reforms he says...
Posted: Aug 09, 2024
BISMARCK, N.D. (AP) — A federal judge in North Dakota has thrown out the remainder of a lawsuit by an Arizona man who alleged excessive force was used against him when he was protesting the Dakota Access oil pipeline. In …
Posted: Aug 09, 2024
An Edmond, Oklahoma contractor with a history of workplace safety violations dating back to 2018, including three related to the dangers in underground trenches, was found disregarding U.S. Department of Labor regulations. In February 2024, investiga...
Posted: Aug 09, 2024
McALLEN — A federal court struck down a regulatory agency’s authorization of two controversial, multi-billion-dollar gas export projects in far South Texas, one of which is already under construction. The ruling orders federal regulators to cor...
Posted: Aug 09, 2024
Rapper Nelly was arrested early Wednesday at a St. Louis-area casino, and the Missouri Highway Patrol said an officer found four illegal ecstasy pills on him. The rapper’s attorney said an “overzealous” officer targeted him and cond...
Posted: Aug 09, 2024
TULSA, Okla. (AP) — A dog chomping on a lithium-ion battery sparked a serious house fire in Oklahoma, and video of the moment the sparks began to fly has been enlisted by a fire department to show the potential dangers …
Posted: Aug 09, 2024
A tornado threat is expected today from the Mid-Atlantic states northward into eastern New York, according to the National Weather Service. The risk for a few tornadoes will likely focus initially over the Mid-Atlantic states and Pennsylvania in the...
Posted: Aug 09, 2024
An earthquake off the coast of Japan’s southern island of Kyushu prompted the government to issue its first-ever warning for a megaquake from an undersea trough running along a swath of the country’s coast. Prime Minister Fumio Kishida ca...
Posted: Aug 09, 2024
Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be canceled, though several providers will share out the hit, two people involved in insurance for her tour told Reuters. The …
Posted: Aug 09, 2024
Reports from Gallagher Re and the Florida Office of Insurance Regulation suggest that Tropical Storm Debby will not be a heavy lift for property insurers and reinsurers. “Early assessments suggest wind-related physical damage (is) not as extens...
Posted: Aug 09, 2024
La Jolla, California-based Palomar Holdings, Inc. reports it is buying First Indemnity of America Insurance Co. (FIA), a Morris Plains, New Jersey domiciled insurance carrier specializing in surety bonds for small to medium sized contractors primaril...
Posted: Aug 09, 2024
POOLER, Ga. (AP) — The water began seeping into Keon Johnson’s house late Monday night after Tropical Storm Debby had been dumping rain nearly nonstop throughout the day. By Tuesday morning, Johnson’s street was underwater and flooding in...
Posted: Aug 09, 2024
Anti-theft software upgrades provided for Hyundai and Kia vehicles regularly targeted by thieves has cut theft rates by more than half, according to new research from the Highway Loss Data Institute. Theft rates of the affected automobiles soared aft...
Posted: Aug 09, 2024
Gone is the bullhorn. Instead, New York City emergency management officials have turned high-tech, using drones to warn residents about potential threatening weather. With a buzzing sound in the background, a drone equipped with a loudspeaker flies o...
Posted: Aug 09, 2024
Delta Air Lines said on Thursday it is pursuing legal claims against CrowdStrike and Microsoft after a global outage last month caused mass flight cancellations, disrupting travel plans of 1.3 million customers and costing it at least $500 million. A...
Posted: Aug 09, 2024
Australia’s QBE Insurance Group on Friday reported a more than twofold jump in its first-half profit, boosted by higher income from premiums, but missed analysts’ view, sending its shares to over a six month low. The company’s gross...
Posted: Aug 09, 2024
Australia’s QBE Insurance Group on Friday reported a more than twofold jump in its first-half profit, boosted by higher income from premiums, but missed analysts’ view, sending its shares to over a six month low. The company’s gross...
Posted: Aug 09, 2024
Hong Kong is seeing an influx of professionals from mainland China’s finance and tech sectors who are disillusioned with their career and salary prospects across the border. Many are trying to make a living and stay in the city by …
Posted: Aug 09, 2024
Despite the dangers and expense associated with living in high-risk areas, large numbers of people are still moving to parts of America most impacted by wildfires, flooding and extreme heat. According to a new report from real estate company Redfin,...
Posted: Aug 09, 2024
Alliant Insurance Services, a distributor of insurance products around the U.S., has named Sean Bisig vice president and producer in its employee benefits group. He will continue to be based in Charlotte, North Carolina. Bisig spent 18 years with Uni...
Posted: Aug 09, 2024
IMA Financial Group, a large brokerage specializing in wealth management and risk advice, is moving into the Florida commercial property insurance market with the acquisition of Wallace Welch & Willingham Inc. WW&W, based in the St. Petersbur...
Posted: Aug 09, 2024
Pro Pallet, LLC, a Pennsylvania-based construction company, will pay $50,000 and furnish other relief to settle a retaliation lawsuit filed by the Equal Employment Opportunity Commission (EEOC). According to the EEOC’s lawsuit, a human resource...
Posted: Aug 09, 2024
A Vermont judge has denied the city of Burlington’s request to dismiss a lawsuit alleging that police used excessive force and discriminated against a Black teenager whose mother had called law enforcement to teach him a lesson about stealing....
Posted: Aug 09, 2024
The third trial over claims that discontinued heartburn drug Zantac ended in a mistrial on Wednesday when jurors could not agree about whether pharmaceutical company Boehringer Ingelheim was responsible for an Illinois man’s cancer. Martin Gros...
Posted: Aug 09, 2024