Insurance Journal
Arthur Hall Insurance, headquartered in West Chester, Pennsylvania, named Mike Schaninger its small business unit (SBU) team lead and account manager. Schaninger currently serves as an adjunct professor at Widener University. He previously worked as...
Posted: Feb 06, 2024
An NFL team wants millions back from a sports betting service. The Jacksonville Jaguars, a team that recently found out that a finance manager stole some $22 million and lost most of it on sports bets with FanDuel, an online …
Posted: Feb 06, 2024
Executives at Elon Musk’s SpaceX discriminated against women, joked about sexual harassment and fired workers for raising concerns, seven former employees allege in California civil rights complaints viewed by Bloomberg. The California-based wo...
Posted: Feb 06, 2024
Hurricane Ian caused extensive damage in southwest Florida, with more than 37,000 National Flood Insurance Program claims, making it the fourth-most expensive flood disaster in U.S. history, says a new report from the Federal Emergency Management Age...
Posted: Feb 06, 2024
The European Commission recommended on Tuesday that the EU slash net greenhouse gas emissions by 90% by 2040, an ambitious target that will test political appetite for the region’s fight against climate change ahead of EU elections. While the o...
Posted: Feb 06, 2024
Amwins Underwriting recently said it has partnered with Lancer Insurance Company, the commercial auto division of Core Specialty, for a new carrier relationship to enhance two key trucking programs provided through managing general agency and wholesa...
Posted: Feb 06, 2024
Pennsylvania’s court system was hit with a cyberattack on Sunday that shut down access to key online services including those used to file documents with appellate courts and guardianship reports, as well as to view dockets and court summaries...
Posted: Feb 06, 2024
Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Insurance Agency, expanding Gallagher’s presence in the beleaguered condominium and association market in Florida, the global insurance broker said in a news release. Jo...
Posted: Feb 06, 2024
Several industry groups sued US regulators to block recent overhauls to the Community Reinvestment Act, arguing the new rules meant to tackle redlining and boost lending to lower-income areas will actually discourage banks from lending. The American...
Posted: Feb 06, 2024
In the insurance world, 2024 brings forth many challenges and transformative trends. From the escalating global risks, such as climate change and cyber threats, to the evolving role of insurers as societal safety nets, the industry is on the brink &#...
Posted: Feb 06, 2024
A U.S. appeals court on Monday refused to dismiss a Georgia doctor’s lawsuit claiming that Bayer AG’s Roundup weedkiller caused cancer, the latest setback in the German company’s efforts to fend off thousands of similar cases carryi...
Posted: Feb 06, 2024
The European Union needs to take into account its ambitious targets for solar power deployment before it considers any measures to curb imports of photovoltaic panels, wafers and other components, a senior EU official said on Monday. European Commiss...
Posted: Feb 06, 2024
A Miami man posing as an insurance agent reportedly swindled at least eight people out of $29,000 by selling them fake auto insurance policies. That man, William Diehl, was arrested recently and charged with fraud and theft, Florida’s chief fin...
Posted: Feb 06, 2024
Inaccurate racial profiling data on traffic stops made by the Connecticut State Police was largely the result of data-entry mistakes and other mishaps, not an intentional effort by troopers to submit bogus information, according to a report by indepe...
Posted: Feb 06, 2024
Venbrook Group, LLC, based in Woodland Hills, Calif., named Brooke Norton Lais chief marketing officer. Lais will define the strategic direction and development of the company’s marketing, planning, and communication activities, working across...
Posted: Feb 06, 2024
New Jersey is refusing to allow a shore town whose sand dunes have washed away in places to build a bulkhead to protect itself, ruling that no one is in imminent danger. The state Department of Environmental Protection told North …
Posted: Feb 06, 2024
Lex Greensill’s fraud and “conspiracy” with commodities tycoon Sanjeev Gupta should prevent the financier’s collapsed bank from making a $400 million claim, Zurich Insurance Group said in a London lawsuit. Greensill Bank AG...
Posted: Feb 06, 2024
It’s a new year, and one thing we can look forward to is more new states bringing their cannabis markets online. For insurance professionals, new states offer the challenges of new regulations and new clients to explain the complex world …...
Posted: Feb 06, 2024
EU countries and lawmakers on Feb 1 agreed to rules which will require Europe-based companies to prioritize production of key products to prevent a supply chain crisis such as that prompted by the COVID-19 pandemic and Russia’s Ukraine invasion...
Posted: Feb 06, 2024
The preliminary total damage and economic loss from the intense storms and record rainfall in California this week will be between $9 billion and $11 billion, according to AccuWeather estimates released on Monday. The atmospheric river hit California...
Posted: Feb 05, 2024
J&M Industries, Inc., a manufacturing and distribution company based in Ponchatoula, Louisiana, has agreed to pay a former employee $105,000 to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC),...
Posted: Feb 05, 2024
A dead goose was found in part of the flight control system of a medical helicopter that crashed in western Oklahoma, killing all three people on board, according to a preliminary report by the National Transportation Safety Board. The report …
Posted: Feb 05, 2024
WHITING, Ind. (AP) — Power has been restored to BP’s sprawling oil refinery in northwest Indiana following an outage that prompted the company to temporarily shut down the complex and evacuate workers, BP said last Friday. BP spokesperson Chris...
Posted: Feb 05, 2024
FLINT, Mich. (AP) — A second contractor said last Thursday that it has reached a $25 million settlement over its role in Flint, Michigan’s lead-contaminated water scandal. The class-action litigation agreement includes payments of $1,500 for in...
Posted: Feb 05, 2024
Pennsylvania workers’ compensation rates will be going down for employers beginning April 1. Insurance Commissioner Mike Humphreys on January 23 approved an overall decrease in loss costs of -7.88%, more than doubling last year’s decrease...
Posted: Feb 05, 2024