Insurance Journal
Nevada must pay $340,000 total to the ACLU of Nevada and eight people on a prison firefighting crew in a settlement reached earlier this week, but clears the state of admitting to claims including negligence, intentional infliction of emotional distr...
Posted: Nov 22, 2023
As insurers start to pull out from markets battered by the fallout of climate change, governments are increasingly at risk of having to foot the bill, according to the Bank for International Settlements. “This trend, if left unabated, may lead...
Posted: Nov 22, 2023
Wildfires prompted campgrounds in North Carolina and Tennessee to evacuate starting Sunday while firefighters prepared for high winds and low humidity on Monday, though officials hoped for some help from expected rain. The National Weather Service`s...
Posted: Nov 22, 2023
As global temperatures and emissions climb, people are increasingly turning to courtrooms to challenge fossil fuel companies’ activities, leading to wins on issues like “climate-washing” but also backlash as companies file countersu...
Posted: Nov 22, 2023
The same conservative activists who helped gut race-related college admissions at the US Supreme Court have now set their sights on corporate diversity programs, barraging airlines, tech giants and law firms with lawsuits and complaints. And theyR...
Posted: Nov 22, 2023
Australia will undertake an economy-wide revamp of its cybersecurity protections including revised data laws, mandatory reporting and a new nationwide cyber council in response to several significant hacks targeting businesses and infrastructure over...
Posted: Nov 22, 2023
France, backed by the United States, plans to seek a halt to private financing for coal-based power plants during the U.N. climate conference later this month, three sources familiar with the deliberations told Reuters in India and Europe. The plan,...
Posted: Nov 22, 2023
In February 2019, Binance Holdings Ltd.’s then-Chief Compliance Officer Samuel Lim acknowledged that the cryptocurrency exchange was being used to funnel money to Hamas, explaining to a colleague that terrorists normally sent “small sums....
Posted: Nov 22, 2023
Despite the reversal seen in the U.S. equity market and rising inflation and interest rates, property/casualty insurers performed well in 2022, according to the latest report on the long-term impairment rates of U.S.-domiciled insurance companies. Th...
Posted: Nov 22, 2023
Specialist insurer CFC announced a major upgrade to its packaged insurance policies for professional services businesses. Brokers selling CFC’s professional liability policies can offer SME clients add-on cyber cover that now includes broad cyb...
Posted: Nov 22, 2023
A Florida judge found “reasonable evidence” that Tesla Chief Executive Elon Musk and other managers knew the automaker’s vehicles had a defective Autopilot system but still allowed the cars to be driven unsafely, according to a ruli...
Posted: Nov 22, 2023
The threat of cargo theft activity this Thanksgiving is “extremely high” and “unlike any recent year,” according to CargoNet. CargoNet, a Verisk product, has tracked a sharp increase in year-over-year theft reports. Since Nove...
Posted: Nov 22, 2023
Wiglesworth-Rindom Insurance Agency, based in Stuart, Florida, has named Linda Cathey vice president of agency operations. Cathey will oversee growth and development of the agency team. She previously was the managing director for Squeeze, an online...
Posted: Nov 22, 2023
The Justice Department has opened a civil pattern or practice investigation into the city of Lexington, Mississippi, and the Lexington Police Department (LPD) seeking to determine whether there are systemic violations of the Constitution and federal...
Posted: Nov 22, 2023
The Driving Force Behind Success Is a Motivated and Engaged Team At Energy Insurance Agency in Lexington, Kentucky, creating a great place to work is at the core of the agency’s success. The company’s family-friendly policies, personal at...
Posted: Nov 22, 2023
Homeowners Choice Property & Casualty Insurance Co. recently assumed approximately 53,750 policies from Citizens Property Insurance Corp., Florida’s state-backed insurance company. The policies assumed amount to approximately $196 million o...
Posted: Nov 22, 2023
Long-Term Thinking Builds Winning Culture When Chip and Ted Gibson got the keys to Deland, Gibson Insurance Associates in 2020, the brothers took over what Chip described as “a great shop.” Three generations of their family members had gu...
Posted: Nov 22, 2023
Jeff Pena contacted his father as soon as he heard that police were passing out auto tracking devices to try to stem a sharp increase in carjackings, auto thefts and other crimes in the nation`s capital. “It`s just getting crazy …
Posted: Nov 22, 2023
An eastern Pennsylvania school district has reached a settlement with The Satanic Temple in a lawsuit that alleged the district discriminated against students by barring one of the group`s After School Satan clubs from using a school building earlier...
Posted: Nov 22, 2023
Arthur J. Gallagher & Co. announced the acquisition of Queensbury, New York-based independent insurance agency, Hughes Insurance Agency, Inc. From it headquarters in Queensbury and an office in Albany, Hughes serves the Glens Falls, Lake George S...
Posted: Nov 22, 2023
A federal workplace safety investigation alleges that a Huntington, New York contractor could have prevented a roofer’s fatal fall at a Glen Cove worksite in April by following legally required safeguards designed to prevent falls. The Occupati...
Posted: Nov 22, 2023
A federal workplace safety investigation alleges that a Huntington, New York contractor could have prevented a roofer’s fatal fall at a Glen Cove worksite in April by following legally required safeguards designed to prevent falls. The Occupati...
Posted: Nov 22, 2023
Inszone Insurance Services acquired in New Mexico. Letherer Insurance Consultants specializes in professional liability coverage for attorneys, dentists, doctors and accountants. Sacramento, California-based Inszone is an insurance brokerage that pro...
Posted: Nov 22, 2023
A woman who said Bill Cosby sexually assaulted her when she was a young comedy writer more than 50 years ago filed a lawsuit against the actor Thursday under a soon-to-expire New York law that gave victims of sexual abuse …
Posted: Nov 22, 2023
Lockton Dunning Promotes Idoux to President Lockton Dunning, headquartered in Kansas City, Mo., named Steve Idoux president. Current president Bruce Sammis is retiring from the top leadership post at the end of 2023 after nearly 20 years of service....
Posted: Nov 21, 2023