Insurance Journal
Cameron Mutual Insurance Company has been placed into court-supervised liquidation effective December 1, 2023, the Missouri Department of Commerce and Insurance (DCI) announced. Chlora Lindley-Myers, Director of the Missouri Department of Commerce an...
Posted: Nov 21, 2023
As a multi-year winner of Insurance Journal’s Best Agency to Work For award, J.D. Powers of Powers Insurance & Risk Management doesn’t lose sight of what the honor represents to the St. Louis, Missouri-based company. “The fact t...
Posted: Nov 21, 2023
X Corp. failed to persuade a federal judge to curb the US Federal Trade Commission’s close watch over the social media platform’s data privacy policies and block the agency from questioning company owner Elon Musk. US Magistrate Judge Tho...
Posted: Nov 21, 2023
At CoVerica Insurance, employees live by four precepts: Die to self (i.e., set aside your pride, biases, prejudices and personal history); Actions sought to support the best interests of all involved; Do the right things for the right reasons; and &#...
Posted: Nov 21, 2023
Texas Attorney General Ken Paxton accused Pfizer PFE.N and its supplier Tris Pharma of providing children’s ADHD medicine that it knew might be ineffective to the state’s Medicaid insurance program for low-income people, in a lawsuit unse...
Posted: Nov 21, 2023
New York finally has a law on the books that allows insurance companies to waive pre-insurance photo inspections. Bills to permit inspection waivers have been introduced since 2009. Gov. Kathy Hochul recently signed one with the lofty title of “...
Posted: Nov 21, 2023
Severe storms have delayed a search-and-rescue operation for 12 crew members of a cargo ship that sank off Turkey’s Black Sea coast, Interior Minister Ali Yerlikaya said Monday. The Turkish-flagged Kafkametler sank on Sunday after hitting a bre...
Posted: Nov 21, 2023
A tornado that hit the town of Star Valley in Ariona prompted the National Weather Service`s Flagstaff branch to survey damage to the area, the organization said. Officials from the town located about 95 miles northeast of Phoenix said at …
Posted: Nov 21, 2023
A tornado that hit the town of Star Valley in Ariona prompted the National Weather Service`s Flagstaff branch to survey damage to the area, the organization said. Officials from the town located about 95 miles northeast of Phoenix said at …
Posted: Nov 21, 2023
Justin Ralph estimates he`s made about 200 trips delivering grain from the fields he farms with his brother and uncle this year. They`re accustomed to using their four semi-trucks to take the harvest from a total of about 800 acres …
Posted: Nov 21, 2023
The state of Delaware has lost its fight with the Internal Revenue Service (IRS) over the release of information on captive insurers, a fight the state took all the way to the Supreme Court. The Supreme Court on Monday declined …
Posted: Nov 21, 2023
In February, Mark Bova purchased a used 2018 Tesla Model S. Before leaving the dealer, he bought insurance from Tesla, finding the initial $93 monthly premium “really reasonable.” Sixteen days later, as he drove along the Capital Beltway...
Posted: Nov 21, 2023
Lower natural catastrophe losses, a better investment result and strong revenue growth in property/casualty reinsurance led to strong earnings’ increases for the four main European reinsurers in the nine month-period of 2023, according to Fitch...
Posted: Nov 21, 2023
Australia’s markets regulator wants companies and directors to prioritize cyber resilience, warning it will take action against businesses that fail to make reasonable investments to protect themselves. Australian Securities and Investments Com...
Posted: Nov 21, 2023
Countries’ current emissions pledges to limit climate change would still put the world on track to warm by nearly 3 degrees Celsius this century, according to a United Nations analysis released Monday. The annual Emissions Gap report, which ass...
Posted: Nov 21, 2023
Britain’s opposition Labour Party met bank and insurance leaders on Monday to discuss ways to boost investment in infrastructure, as it continues a charm offensive with finance bosses ahead of an expected election next year that it is favored t...
Posted: Nov 21, 2023
Some K-12 public schools are racing to improve protection against the threat of online attacks, but lax cybersecurity means thousands of others are vulnerable to ransomware gangs that can steal confidential data and disrupt operations. Since a White...
Posted: Nov 21, 2023
The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution of a years-long investigation into the world’s largest cryptocurrency exchange. Negotiations between the Justice Department an...
Posted: Nov 21, 2023
U.S. auto safety regulators on Monday said they had opened a probe into 16 separate recalls issued by Hyundai and Kia covering 6.4 million vehicles relating to brake fluid leaks that could result in fires. The affiliated Korean automakers have …...
Posted: Nov 21, 2023
For a year, a special New York law has cleared the way for a wave of headline-grabbing lawsuits against famous men accused of sexual misconduct, including former President Donald Trump, hip hop mogul Sean “Diddy” Combs and the comedian an...
Posted: Nov 21, 2023
Citigroup was sued on Monday by a managing director who said a former top equities banker subjected her to sexual harassment and abuse including death threats. Ardith Lindsey said the New York-based bank, her employer since 2007, downplayed her compl...
Posted: Nov 21, 2023
Growing the Business Is a Team Effort When Insurance Journal called Danielle Ellis, principal at Ellis Insurance Agency in Charleston, West Virginia, with the news that the agency had been named one of the Best Agencies to Work For in …
Posted: Nov 21, 2023
A federal judge has sentenced Ramon Paz of Lakeland, Florida to 33 months in federal prison for conspiracy to commit wire fraud to avoid paying for workers’ compensation insurance. According to the U.S. Attorney’s Office, Middle District...
Posted: Nov 21, 2023
Mueller Co., a nationwide manufacturer and seller of gas and water distribution products, and IH Services, Inc., which provides cleaning services in Mueller facilities, has agreed to pay $150,000 and provide other relief to settle allegations of sexu...
Posted: Nov 21, 2023
‘Good People Doing the Right Thing’ One employee said they felt heard by leadership. Another praised their knowledgeable coworkers for treating them with respect. A third, a longtime insurance industry veteran, said the positive work expe...
Posted: Nov 21, 2023