Insurance Journal
More than 150,000 Xcel Energy Inc. customers in Colorado are without electricity amid hurricane-force winds — and some may not get power back until Monday. Those affected include about 55,000 customers who had their power cut preemptively by the util...
Posted: Apr 08, 2024
A former Maryland title insurance agent recently pleaded guilty to carrying out a multi-year theft scheme netting her more than $369,000, according to the state attorney general. Cheryl Leigh Gray was a licensed insurance producer working as the oper...
Posted: Apr 08, 2024
Some of Britain’s top financial firms pay women 28.8% less on average than male counterparts, salary data from 21 companies reviewed by Reuters shows, even though they say they are striving to hire more females for higher-paid, senior roles. Ba...
Posted: Apr 08, 2024
An engine cover on a Southwest Airlines Boeing 737-800 fell off on Sunday during takeoff in Denver and struck the wing flap, prompting the Federal Aviation Administration (FAA) to open an investigation. No one was injured and Southwest Flight 3695 &#...
Posted: Apr 08, 2024
Owning a home can feel like risky business, from coming up with the mortgage payment every month to worrying about disasters like fires or floods or tornadoes. But here is something riskier still: Going without home insurance in the U.S. …
Posted: Apr 08, 2024
Zurich Insurance Group AG will no longer underwrite new oil and gas projects, and is cracking down on clients planning to expand in metallurgical coal mining. The restrictions also entail asking the highest-emitting corporate customers to reduce thei...
Posted: Apr 08, 2024
Bayer AG’s Monsanto unit persuaded a Missouri judge to cut almost $1 billion from a $1.5 billion jury verdict that was one of the largest in the six years the company has been fighting thousands of claims that its Roundup …
Posted: Apr 08, 2024
German software developer Andres Freund was running some detailed performance tests last month when he noticed odd behavior in a little-known program. What he found when he investigated has sent shudders across the software world and drawn attention...
Posted: Apr 08, 2024
Does government inaction on climate change violate human rights? That is the question the European Court of Human Rights will for the first time seek to answer in Strasbourg, France, as it rules this week on three separate climate cases. …
Posted: Apr 08, 2024
PENSACOLA, Fla. (AP) — A wildfire in the Florida Panhandle has destroyed a home and damaged at least 15 others. The Florida Forest Service said Friday that the blaze, which broke out Thursday near Pensacola, was now more than 60% …
Posted: Apr 08, 2024
DORAL, Fla. (AP) — A gunfight at a suburban Miami bar left two people dead and seven injured early Saturday. Investigators said a fight between customers broke out around 3:30 a.m. at the Martini Bar in the CityPlace Doral development …
Posted: Apr 08, 2024
With one month left in the South Carolina legislative session, two bills designed to ease liquor liability insurance costs are evolving and moving forward. The state House of Representatives late last month voted 106-2 to approve House Bill 5066, whi...
Posted: Apr 08, 2024
The California Labor Commissioner’s Office reached a $2 million settlement against Pearl B-Star Inc., DBA Lin’s Fusion for underpaying 32 workers. Pearl B-Star violated state labor laws governing recordkeeping, payroll timekeeping and cas...
Posted: Apr 08, 2024
The California Labor Commissioner’s Office reached a $2 million settlement against Pearl B-Star Inc., DBA Lin’s Fusion for underpaying 32 workers. Pearl B-Star violated state labor laws governing recordkeeping, payroll timekeeping and cas...
Posted: Apr 08, 2024
A tractor-trailer in Maine crashed into a freight train, causing two cars to derail and injuring the truck’s driver and his dog, which had to be put down. The crash happened shortly before 1:30 p.m. Wednesday on Route 11 in …
Posted: Apr 08, 2024
A report from the Colorado Chamber of Commerce and the American Property Casualty Insurance Association estimates a proposal to remove the noneconomic damage caps in Colorado would result in a $2.1 billion annual loss in state GDP and 15,500 jobs. &#...
Posted: Apr 08, 2024
Frustrated at having unsuccessfully agitated for over three years to get lawmakers to ban smoking in Atlantic City casinos, workers on Friday tried a new tactic. They filed a lawsuit to try to overturn a law that leaves casino workers …
Posted: Apr 08, 2024
PURE Specialty Exchange, the specialty surplus lines insurance carrier providing PURE members and high net worth families with services for their complex exposures, has expanded its high value homeowners coverage to six additional states. The expansi...
Posted: Apr 08, 2024
This post is part of a series sponsored by TSIB. A key factor when considering a CIP or Wrap-Up is having the broker conduct a feasibility study for the Wrap-Up Sponsor. A feasibility study is a tool that is used …
Posted: Apr 07, 2024
An unusual East Coast earthquake shook millions of people from New York and Philadelphia skyscrapers to rural New England on Friday, causing no widespread damage but startling an area unaccustomed to temblors. The U.S. Geological Survey said over 42...
Posted: Apr 07, 2024
Intercontinental Terminals Company LLC (ITC) has agreed to pay over $6.6 million to federal and state natural resource trustees to resolve claims for natural resource damages resulting from a 2019 fire at ITC’s Deer Park terminal facility near...
Posted: Apr 05, 2024
The U.S. Chemical Safety and Hazard Investigation Board (CSB) announced that the agency has launched investigations into toxic chemical releases at two facilities in Louisiana during 2023: the release of hydrogen fluoride (HF) and chlorine at the Hon...
Posted: Apr 05, 2024
ANN ARBOR, Mich. (AP) — A driver died when a tire came off another vehicle and flew through the air and into the windshield and roof of his car, Michigan State Police said. A Dodge Journey SUV being driven by …
Posted: Apr 05, 2024
Alera Group, headquartered in Deerfield, Illinois, appointed Kyle Samuel as executive vice president of national operations. Samuel will partner with the national practice leaders and regional managing directors to create alignment and strategic focu...
Posted: Apr 05, 2024
A 4.8 magnitude earthquake shook the New Jersey-New York area this morning at about 10:23 am, according to the United States Geological Survey. The earthquake’s epicenter was near Whitehouse Station, New Jersey. People reported feeling the shak...
Posted: Apr 05, 2024