Insurance Journal
A lawsuit has been filed over what has been identified as the cannabis industry’s first asthma workplace death. The mother of a worker who died from an asthma attack at a Massachusetts cannabis processing plant in 2022 has brought wrongful R...
Posted: Nov 29, 2023
Sandy Hook families who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 Connecticut school shooting a hoax have offered to settle that debt for only pennies on the dollar — at least …
Posted: Nov 29, 2023
Alliant Insurance Services, headquartered in Irvine, Calif., hired Martin Khalaf as senior vice president within its Alliant Americas division. Khalaf is based in San Diego, Calif. Before joining Alliant, Khalaf was senior vice president within the S...
Posted: Nov 29, 2023
Warren Buffett’s Berkshire Hathaway released a brief statement late Tuesday announcing the death of Vice Chair Charlie Munger but the CEO paid tribute to his long-time partner months ago in the company’s most recent annual report. Under t...
Posted: Nov 29, 2023
The University of California, Berkeley was sued on Tuesday by Jewish groups who said it has become a hotbed of “unchecked” antisemitism, including at its elite law school. According to a complaint by the nonprofit Louis D. Brandeis Center...
Posted: Nov 28, 2023
Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway Inc. from a failing textile maker into an empire, has died. He was 99. He died on Tuesday at a …
Posted: Nov 28, 2023
The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic inflation, according to Swiss Re. The pace of claims growth in the liability line of busin...
Posted: Nov 28, 2023
NEW ORLEANS (AP) – As much as 1.1 million gallons of oil may have been discharged into the Gulf of Mexico from a pipeline system off Louisiana`s southeast coast, the U.S. Coast Guard said last week. The affected pipeline has …
Posted: Nov 28, 2023
A Texas judge has ordered a Houston plaintiffs’ attorney to reimburse an insurer $137,000 for the legal fees it expended to defend itself against a “frivolous” and “groundless” lawsuit that was filed “solely for th...
Posted: Nov 28, 2023
Alliant Insurance Services, headquartered in Irvine, Calif., hired Morgan Jensen as vice president within its Alliant Americas division. Based in St. Louis, Missouri, Jensen has over 20 years of insurance experience. Before joining Alliant, Jensen se...
Posted: Nov 28, 2023
ATHENS, Ohio (AP) – Five people, including two children, were killed in a mobile home fire in Ohio on Thanksgiving morning, authorities said. The Ohio Department of Commerce said volunteer firefighters in Athens County were called to a Rainbow Lake &...
Posted: Nov 28, 2023
OMAHA, Neb. (AP) – Federal inspectors have twice found hundreds of defects in the locomotives and railcars Union Pacific uses at the world’s largest railyard in Nebraska, but none of those seem to explain why a shipping container filled with &#...
Posted: Nov 28, 2023
JACKSON, Miss. (AP) — Mississippi prosecutors have dismissed indictments against a man in the shooting death of a former state lawmaker and the earlier burning of a building, saying they need more time to investigate. The murder and arson charg...
Posted: Nov 28, 2023
Chubb Limited recently announced the launch of the Chubb Methane Resource Hub, a digital resource offering clients information and insights for measuring and mitigating methane emissions. The initiative draws on technical expertise and guidance from...
Posted: Nov 28, 2023
FTX investors suing the cryptocurrency exchange’s celebrity promoters for allegedly helping to facilitate an $11 billion fraud have some new targets, including Major League Baseball, Formula 1 racing and Mercedes-Benz Group AG’s racing te...
Posted: Nov 28, 2023
A former Allstate insurance agent in North Carolina has until the end of February to stop selling competing products to her former clients and to return confidential client information to Allstate. A federal judge on Monday finalized an injunction an...
Posted: Nov 28, 2023
The New York State Department of Financial Services (DFS) announced that First American Title Insurance Co. will pay a $1 million penalty to New York State for violations of DFS’s cybersecurity regulation stemming from a large-scale cybersecuri...
Posted: Nov 28, 2023
Lloyd’s syndicate Probitas 1492 announced that Lloyd’s has given formal approval for its special purpose arrangement (SPA), which will begin underwriting for the 2024 year of account. The SPA, called “AdA SPA 2024,” aims to de...
Posted: Nov 28, 2023
A U.S. appeals court on Monday handed 3M, Corteva Inc subsidiary E.I. du Pont de Nemours and Co and other manufacturers of toxic so-called “forever chemicals” a big win in their fight against legal liability for the substances, rejecting...
Posted: Nov 28, 2023
BluNiche, a London-based managing general agent (MGA) that specializes in product recall insurance, announced the launch of BluNiche UK to target small and medium sized businesses across the UK. BluNiche UK is led by Ed Mitchell, head of UK, who R...
Posted: Nov 28, 2023
A group of Lahaina wildfire survivors is vowing to camp on a popular resort beach until the mayor uses his emergency powers to shut down unpermitted vacation rentals and make the properties available for residents in desperate need of housing. …...
Posted: Nov 28, 2023
A state appeals court ruled that California can continue providing personal information of gun owners to researchers to study gun violence, reversing last year`s decision by a lower court judge who said such data sharing violates privacy rights. In 2...
Posted: Nov 28, 2023
A man who won one of the largest lottery payments in U.S. history has filed a federal lawsuit against the mother of his child in an attempt to keep his identity concealed. The man won a $1.35 billion Mega Millions …
Posted: Nov 28, 2023
The owners of a defunct Colorado funeral home where 190 sets of decomposing human remains were found have been returned to the state to face hundreds of felony charges. Carie Hallford appeared in District Court in Colorado Springs via video …
Posted: Nov 28, 2023
Marsh & McLennan Companies Inc. has delisted and canceled trading from the London Stock Exchange, further to its announcement made on Oct. 27, 2023. The delisting was finalized at 8:00 a.m. (GMT) on Nov. 27, 2023. The company continues to …
Posted: Nov 28, 2023