Insurance Journal

Authorities: Fires That Damaged Arizona Homes Amid Hot Temperatures Spread From Palm Tree

A fire that appeared to have started in a backyard palm tree spread through a Phoenix, Arizona neighborhood, destroying two homes and damaging four others as hot embers blew onto roofs and into other vegetation, authorities said. The Phoenix Fire &#8...

Posted: Jul 03, 2023

Tech Group Sues Arkansas Over Law Parental Permission for Minors Creating Social Media Accounts

LITTLE ROCK, Ark. (AP) – A tech industry trade group sued Arkansas on challenging a new state law that requires parental permission for minors to create social media accounts. NetChoice, a group whose members include Facebook parent Meta, TikTo...

Posted: Jul 03, 2023

Tech Group Sues Arkansas Over Law Requiring Parental Permission for Minors Creating Social Media Acc...

LITTLE ROCK, Ark. (AP) – A tech industry trade group sued Arkansas on challenging a new state law that requires parental permission for minors to create social media accounts. NetChoice, a group whose members include Facebook parent Meta, TikTo...

Posted: Jul 03, 2023

Ohio Couple Indicted for Conspiring to Set Fire to Rental Properties for Insurance Money

An Ohio couple was indicted with conspiring to set fire to rental properties in order to collect insurance money, the U.S. Attorney’s Office, Northern District of Ohio announced. Lonnie White, 46, and Lisa Ogletree, 46, of Willoughby Hills, fac...

Posted: Jul 03, 2023

Anti-Stacking Provision Limits Liability Coverage for Fatal Illinois School Bus Crash

An insurance policy that covered seven vehicles, each with a $1 million per-accident limit, doesn’t provide $7 million in liability coverage for a fatal crash that involved only one of the covered vehicles, an Illinois appellate court ruled Thu...

Posted: Jul 03, 2023

Michigan County Whose Sheriff Insulted Women, Minorities Settles Lawsuit for $1.65M

JACKSON, Mich. (AP) – A Michigan county has agreed to pay $1.65 million to settle a lawsuit by a sheriff’s officer who said he suffered on the job, especially after secretly recording a sheriff making insulting remarks about women and &#8...

Posted: Jul 03, 2023

14-year-old Charged After Accidental Shooting of Youth in Tennessee

A 14-year-old boy is facing charges in Tennessee after a gun in his backpack accidentally fired in the gym of a youth community center on Wednesday, striking a 10-year-old peer and sending him to the hospital, according to police. The …

Posted: Jul 03, 2023

Parkland Deputy’s Acquittal Shows Florida Has No ‘Cowardice Under Fire’ Law

When Florida prosecutors charged former Deputy Scot Peterson for his alleged inaction during the 2018 Parkland school massacre, they faced a major hurdle: no law precisely fit. So it was not a surprise to legal observers that Peterson was acquitted &...

Posted: Jul 03, 2023

Fox Corp Settles Lawsuit With Fired Former Producer for $12M

Fox Corp settled for $12 million a lawsuit by former Fox News producer Abby Grossberg, who had claimed gender discrimination and accused the network’s lawyers of pressuring her to make misleading statements in the Dominion Voting Systems case,...

Posted: Jul 03, 2023

Guy Carpenter Completes Acquisition of Re Solutions in Israel

Guy Carpenter, the reinsurance business of Marsh McLennan, announced it had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction were not disclosed. With immedi...

Posted: Jul 03, 2023

People Moves: Liberty Mutual Promotes Johnson From Ironshore; Federer Named CEO Fusion Specialty N.A...

Liberty Mutual Names Johnson President of Field Operations & Marketing, Global Risk Solutions North America Liberty Mutual Insurance, based in Boston, Mass., appointed Ben Johnson as president of field operations & marketing, Global Risk Solu...

Posted: Jul 03, 2023

People Moves: Liberty Mutual Promotes Johnson From Ironshore; Federer Named CEO Fusion Specialty N.A...

Liberty Mutual Names Johnson President of Field Operations & Marketing, Global Risk Solutions North America Liberty Mutual Insurance, based in Boston, Mass., appointed Ben Johnson as president of field operations & marketing, Global Risk Solu...

Posted: Jul 03, 2023

SiriusPoint Completes $1.3B Reinsurance Loss Portfolio Transfer With Compre

SiriusPoint Ltd., the Bermuda-based re/insurer, announced it has completed a ground-up loss portfolio transfer (LPT) of a portfolio of primarily reinsurance business with the legacy acquisition specialist Compre. This is the second LPT the companies...

Posted: Jul 03, 2023

Maryland Begins Sales of Recreational Marijuana

Maryland is becoming the latest state to legally sell recreational marijuana, as businesses aim to tap into July Fourth festivities to kick off sales. About 100 stores already licensed to sell cannabis for medicinal purposes were able to begin sellin...

Posted: Jul 03, 2023

Audit Finds Connecticut State Police Falsified Traffic Stop Data

Hundreds of Connecticut state police troopers falsified information on at least 26,000 traffic stops from 2014 to 2021, skewing reports on the race and ethnicity of pulled-over motorists, according to an audit released Wednesday. Data analysts with t...

Posted: Jul 03, 2023

North Carolina Roller Coaster Shut Down After Crack Found in Support Beam

A North Carolina amusement park closed one of its roller coasters Friday after a crack was found on a support beam. According to news reports, Carowinds shut down Fury 325. The park’s website advertises the ride as the “tallest, fastest,...

Posted: Jul 03, 2023

Atlanta Police Motorcycles Burned in Arson Attack

Atlanta Police Department motorcycles were damaged in an intentional fire caused by devices set inside a training facility early Saturday, officials said. The Atlanta Fire and Rescue Department responded to reports of a multi-vehicle fire around 2:20...

Posted: Jul 03, 2023

Russia’s Aging, Dark Fleet of Oil Tankers Gets Infusion of Newer Ships

An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of using the world’s oldest and most dangerous vessels. Shortly after President Vladimir Putin’s invasion of Ukraine ear...

Posted: Jul 03, 2023

Fusion Specialty Europe Launches Branch in Madrid, Led by DUAL’s Cibin

Fusion Specialty Europe announces the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately. Cibin will lead the expansion of Fusion into Southern European, as part of its continued gro...

Posted: Jul 03, 2023

Wind Turbines That Shake and Break Cost Their Maker Billions

Wind turbines make money when they spin. But when they shake, it can cost billions. Siemens Energy AG is struggling to contain the fallout after discovering a main piece on the frame of its wind turbine can move or twist …

Posted: Jul 03, 2023

More Than 17 Million Properties Face Substantial Flood Risk: Study

More than half of the U.S. population resides in a county that is likely to experience stormwater system failure due to flooding from heavy rainfall events, according to a new report published by First Street Foundation. Another 17.7 million properti...

Posted: Jul 03, 2023

Supreme Court to Consider Scope of Workplace Bias Law

The U.S. Supreme Court on Friday agreed to decide whether workers can bring discrimination lawsuits based on unwanted workplace transfers that were allegedly motivated by bias, an issue that can make or break many cases. The justices took up a &#8230...

Posted: Jul 03, 2023

BNSF Railway Wins New Trial in $228M Biometric Ccase

A U.S. judge on Friday ordered a new trial on damages against BNSF Railway in a privacy class action, in a ruling that wiped out an award of $228 million to truck drivers who accused the freight railway giant of …

Posted: Jul 03, 2023

BNSF Railway Wins New Trial in $228M Biometric Case

A U.S. judge on Friday ordered a new trial on damages against BNSF Railway in a privacy class action, in a ruling that wiped out an award of $228 million to truck drivers who accused the freight railway giant of …

Posted: Jul 03, 2023

Travelers Vows Changes to Golf Course After PGA Tournament’s Low Scores

Changes will be made to the TPC River Highlands after record low scoring during the recent PGA Tour’s Travelers Championship, tournament officials said. Andy Bessette, Travelers’ executive vice president and chief administrative officer,...

Posted: Jul 03, 2023