Insurance Journal

Judge Dismisses Lawsuit Against Police by Mississippi Woman Hit by Stray Bullet

A federal judge has dismissed a lawsuit filed by a Mississippi woman who says she was hit by a stray police bullet while lying in bed. Latasha Smith, 49, was in bed on Dec. 11 when an officer from the …

Posted: Jul 19, 2023

Utility Investors Wary of Exposures After Buffet’s PacifiCorp Held Liable for Wildfires

Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their power lines and equipment blamed for igniting the blazes. But a jury verdict last month ordering &...

Posted: Jul 19, 2023

Ukraine Plea to Keep Grain Moving Clashes With Reality Facing Insurers, Shippers

Ukraine is pushing for grain exports to continue from key ports following Russia’s withdrawal from the Black Sea grain deal. Insurers and shippers aren’t so sure. Russia’s termination of the pact this week means that it will no long...

Posted: Jul 19, 2023

Australia’s Fortescue Hit by Cyber Attack That Disclosed Some Network Data

Fortescue Metals Group Ltd. said it had been subject to a cyber attack that resulted in “the disclosure of a small portion of data from our networks.” The world’s fourth-largest iron ore exporter described the attack as “a low...

Posted: Jul 19, 2023

US Auto Safety Regulators Open Special Probe Into Fatal Tesla Crash

U.S. auto safety regulators are opening a special crash investigation into a fatal accident in California involving a 2018 Tesla Model 3 suspected of relying on advanced driver assistance systems, the government agency said on Tuesday. The National H...

Posted: Jul 19, 2023

UK’s Post-Brexit Access to EU Financial Markets Still Unclear, EU Official Says

It is too early to tell if Britain’s financial rules post-Brexit will diverge too far from European Union norms to consider giving it access to the bloc’s markets, a senior EU official said on Tuesday. Paulina Dejmek Hack, a director &#82...

Posted: Jul 19, 2023

ALKEME Acquires Kansas’ Wiggins Farha, Ohio’s The Milestone Company

ALKEME recently acquired a pair of Midwestern agencies. ALKEME announced the acquisition of Wiggins Farha Insurance Group,a full-service insurance agency operating out of Wichita, Kansas. Wiggans Farha Insurance Group is an independent insurance agen...

Posted: Jul 19, 2023

China Poses ‘Alarming’ Threat to US Power Grid, Lawmakers Told

China represents an increasing threat to the US power grid, lawmakers were told Tuesday during a hearing in which they were warned a cyberattack from the nation could plunge military and other sensitive sites into darkness. “The Chinese activit...

Posted: Jul 19, 2023

Estee Lauder Hit by Cyber Attack, With Some Business Operations Disrupted

Cosmetics maker Estee Lauder on Tuesday said a hacker had obtained some data from its systems, with the cyber incident causing, and expected to further cause, disruption to parts of the company’s business operations. The MAC Cosmetics owner was...

Posted: Jul 19, 2023

J&J Must Pay $18.8M to California Cancer Patient in Baby Powder Suit

Johnson & Johnson’s must pay $18.8 million to a California man who said he developed cancer from exposure to its baby powder, a jury decided on Tuesday, a setback for the company as it seeks to settle thousands of similar …

Posted: Jul 19, 2023

Ideas Are ‘Being Floated’ on How to Get Ukraine, Russia Grain to World: UN

There are a “number of ideas being floated” to help get Ukrainian and Russian grain and fertilizer to global markets after Moscow quit a deal allowing the safe Black Sea export of Ukraine grain, the United Nations said on Tuesday. …

Posted: Jul 19, 2023

New Mexico Jury Awards $485M in Case of Girl Sexually Assaulted in Foster Care

A jury has awarded $485 million in damages in a civil case brought on behalf of an 8-year-old girl who was repeatedly sexually assaulted in a New Mexico foster care program. The verdict came late last week after Rio Arriba …

Posted: Jul 19, 2023

Health Care Firm Caught Owing Workers Almost $1M Overtime Pay

A federal investigation has recovered $950,000 in back wages and liquidated damages and $50,000 in punitive damages from a West Lebanon, New Hampshire home healthcare business — with a history of unlawful pay practices — that denied overtime wages to...

Posted: Jul 19, 2023

ALKEME Acquires Paul Kinan Insurance Group in California

ALKEME acquired the Paul Kinan Insurance Group in Placentia, California. Paul Kinan Insurance group provides a variety of property/casualty insurance services to individuals, families and businesses. ALKEME is based in Ladera Ranch, California and ba...

Posted: Jul 19, 2023

Northern New York Diocese Facing 100 Sexual Abuse Claims Files for Bankruptcy

The Roman Catholic Diocese of Ogdensburg in northern New York said Monday that it was filing for bankruptcy protection as it faces more than 100 lawsuits alleging sexual abuse. The diocese, like others in the state, is dealing with lawsuits …

Posted: Jul 19, 2023

Louisiana Policyholders Recover $4.2M in First Half of 2023

The Louisiana Department of Insurance (LDI) received 2,163 complaints and helped consumers recover $4,287,867 in additional payments from insurers between January 1 and June 30, 2023, the department said. Property & Casualty accounted for 1,589 o...

Posted: Jul 18, 2023

Groups Argue Wisconsin Regulators Can’t Make Factory Farms Obtain Preemptive Pollution Permits

MADISON, Wis. (AP) __ Wisconsin regulators can`t legally impose environmental regulations on factory farms before they become operational, two farm advocacy groups allege in a lawsuit that could dramatically loosen protections against manure pollutio...

Posted: Jul 18, 2023

Texas’ American National Rebrands Logo

Galveston, Texas-based American National Insurance Company announced a comprehensive rebranding initiative to modernize its brand, its first significant rebranding update in 50 years. The company unveiled a new logo and visual identity that features...

Posted: Jul 18, 2023

Salvation Army to Settle $25K Over ADA Suit in Michigan

The Salvation Army will pay $25,000 to settle a lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC) to obtain relief for a former employee of the charitable organization’s Ann Arbor, Michigan thrift store who was discrimina...

Posted: Jul 18, 2023

Texas Manufacturing Plant to Pay $175K to Settle Discrimination Discrimination Suit

Lion Elastomers, LLC, a manufacturing plant in Port Neches, Texas, agreed to pay $175,000 and provide other relief pursuant to a consent decree entered by a federal district court on July 7, resolving a disability discrimination lawsuit filed by the...

Posted: Jul 18, 2023

Ukraine Cargo Insurance Policy Suspended After Russia Quits Grain Deal: Marsh

A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit the United Nations-backed agreement, broker Marsh said on Tuesday. Moscow has withdrawn from the year-old grain export...

Posted: Jul 18, 2023

Freight Train Derails in Pennsylvania; No Injuries or Hazard Reported

A freight train derailment in southeast Pennsylvania early Monday spurred precautionary evacuations, but officials said no injuries were reported and there was no known hazard to the public. The 40-car CSX train, which was operating on tracks owned b...

Posted: Jul 18, 2023

Board Overseeing West Virginia’s $1B Opioid Fund Adds State Health Officer

West Virginia`s state health officer was selected Wednesday to represent one of the hardest-hit regions of the state for drug overdoses on the board of a private foundation that will be distributing the majority of the state`s more than $1 …

Posted: Jul 18, 2023

Two Dirt Bike Riders Die in Crash with SUV

Two people died over the weekend when the dirt bike they were riding collided with an SUV near a shopping plaza in Massachusetts, authorities said. The victims of the crash in Wareham just before 11 p.m. Saturday were identified as …

Posted: Jul 18, 2023

Actor Sues, Claiming She Was Sexually Harassed by Rhode Island Resort Owner

An actor and model who had roles in the soap opera “Guiding Light” and movies including “The Hunger Games: Catching Fire” says in a lawsuit that she was sexually harassed by the owner of a Rhode Island resort where she …

Posted: Jul 18, 2023