Insurance Journal
Insurance Commissioner Trinidad Navarro announced that Delaware’s workers’ compensation rates will decrease for the seventh year in a row, effective December 1, 2023. The voluntary market is expected to decrease 7.24%, while the residual...
Posted: Oct 12, 2023
A jury has awarded more than $228 million in damages to several plaintiffs who sued a Las Vegas-based bottled water company after its product was linked to liver illnesses, a newspaper reported. The Las Vegas Review-Journal reported that jurors deter...
Posted: Oct 12, 2023
Three teenagers were among four people killed in a fiery crash involving a stolen SUV fleeing from an attempted traffic stop in Maryland, police said on Monday. The driver of the vehicle was identified as Marquay Swann, 14, of Lanham …
Posted: Oct 12, 2023
Alliant Insurance Services, headquartered in Irvine, Calif., named Greg Barnes executive vice president, managing director, Alliant Specialty. Barnes is based in Los Angeles, Calif. He most recently served as president at Lockton Companies and previo...
Posted: Oct 12, 2023
Wildfire has become an increasingly challenging threat in many Western States. With an ever-increasing frequency and intensity, this continues to pose a serious threat to lives and properties across the exposed area. Wildfires are occurring earlier i...
Posted: Oct 12, 2023
A teenager and her parents have filed a $30 million lawsuit against a northern Virginia school system, saying the district failed to adequately investigate and tried to cover up her sexual assault by a male student in a high school …
Posted: Oct 12, 2023
Nearly three months after severe flooding inundated Vermont’s capital city, Montpelier businesses launched an event Friday to celebrate how much they`ve rebuilt — and remind the public not to forget them as they struggle to make a complete come...
Posted: Oct 12, 2023
Internet companies Google, Amazon and Cloudflare say they have weathered the internet’s largest-known denial of service attack and are sounding the alarm over a new technique they warn could easily cause widespread disruption. Alphabet Inc-owne...
Posted: Oct 11, 2023
American International Group (AIG) on Oct. 11 announced three significant appointments within its executive leadership team. David McElroy, currently chief executive officer of General Insurance, will assume a newly created role of chairman, General...
Posted: Oct 11, 2023
CHICAGO (AP) – The mother of a 19-year-old Chicago woman who was found dead in 2017 in a freezer at a suburban hotel where she had attended a party has reached a settlement in her lawsuit against the hotel and …
Posted: Oct 11, 2023
A St. Petersburg pastor and head of a drug recovery program, along with his wife, mother and others, is awaiting trial after authorities say he ran a theft ring that stole tools from Home Depot and sold them on eBay …
Posted: Oct 11, 2023
Third quarter 2023 commercial insurance rates remained up, but about 3.7% compared to up about 5% during the second quarter. According to MarketScout’s Market Barometer, the composite rate for all U.S. lines of commercial insurance business mod...
Posted: Oct 11, 2023
In a move that has come to be expected following most cyberattacks, two victims of the recent 23andMe data breach have filed a class action lawsuit. The suit, filed in U.S. District Court for the Northern District of California alleges …
Posted: Oct 11, 2023
Florida-based King Insurance Partners, said to be one of the fastest growing insurance brokerages in the country, has added North Carolina’s David L. May Jr. Agency to its court. Known as DMA, the agency has offices in Mount Airy and …
Posted: Oct 11, 2023
TALLAHASSEE, Fla. (AP) — Florida will have to provide COVID-19 data to the public again after a former Democratic state representative settled a lawsuit with Republican Gov. Ron DeSantis` administration over the decision two years ago to stop p...
Posted: Oct 11, 2023
State laws adopted in 2022 and 2023 may have stemmed excessive claims litigation in Florida, helping to stabilize the distressed property insurance market and slow rate increases. But premiums, which have doubled for some homeowners in recent years,...
Posted: Oct 11, 2023
Inszone Insurance Services announced the acquisition of DeVoy Insurance Group, a well-established insurance agency deeply rooted in the community of Brookfield, Missouri. DeVoy Insurance Group is run by Blake DeVoy, whose family has a storied history...
Posted: Oct 11, 2023
Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, has awarded over $2 million in safety grants to policyholders. The safety grant program opened in July and eligible policyholders were invite...
Posted: Oct 11, 2023
The Liberty Company Insurance Brokers (Liberty) has announced the acquisition of Farley-Peeples Insurance under the umbrella of Liberty Buren Insurance Services based in Ashland, Ohio. Farley-Peeples has been a cornerstone of the insurance industry s...
Posted: Oct 11, 2023
NEW ORLEANS (AP) – A grand jury in Louisiana has decided against indicting anyone in the deadly collapse four years ago of a Hard Rock Hotel that was under construction in New Orleans. The panel, which heard evidence in the …
Posted: Oct 11, 2023
U.S. investigators have confirmed that a mechanical issue caused the seaplane crash that killed 10 people off an island in Washington state last year. The National Transportation Safety Board, which investigated the Sept. 4, 2022, crash, said Thursda...
Posted: Oct 11, 2023
World Insurance Associates announced that it acquired the business of Oakwood Insurance Agency, LLC, also doing business as Insure Big Rig, of Califon, New Jersey on October 1, 2023. Oakwood has been providing trucking insurance to customers since 20...
Posted: Oct 11, 2023
World Insurance Associates announced that it acquired the business of Oakwood Insurance Agency, LLC, also doing business as Insure Big Rig, of Califon, New Jersey on October 1, 2023. Oakwood has been providing trucking insurance to customers since 20...
Posted: Oct 11, 2023
Activity at Israel’s ports is slowing after Saturday’s attacks by Islamist group Hamas on towns close to Gaza, with the cost of insurance premiums for Israeli shipments soaring amid tightening supplies of food stocks, according to sources...
Posted: Oct 11, 2023
Global economic losses could reach $5 trillion under a “plausible increase” in extreme weather events linked to climate change that cause crop failures and food and water shortages, insurance marketplace Lloyd’s of London said on We...
Posted: Oct 11, 2023