Insurance Journal
LAKE CHARLES, La. (AP) – An evacuation order was lifted early Sunday for residents near a southwest Louisiana refining company where lighting is believed to have sparked a fire at a chemical storage tank. The fire at Calcasieu Refining in ̷...
Posted: Jun 05, 2023
GRAYLING TOWNSHIP, Mich. (AP) – A Michigan wildfire that’s burned more than 3 square miles (7.7 square km) amid hot, dry conditions was sparked by a campfire, the state Department of Natural Resources said Sunday. The Wilderness Trail Fir...
Posted: Jun 05, 2023
DAVENPORT, Iowa (AP) – The body of one of three men who had been missing after the partial collapse of an apartment building in Davenport, Iowa, has been found, a city official confirmed Sunday. Branden Colvin Sr.’s body was recovered ...
Posted: Jun 05, 2023
The train derailment in eastern India that killed more than 300 people and injured hundreds more was caused by an error in the electronic signaling system that led a train to wrongly change tracks, India’s railways minister said Sunday. ”...
Posted: Jun 05, 2023
For all the gloom around the impact of Brexit on the City of London, the latest survey of Europe’s top destinations for foreign direct investment in financial services is a reminder of the UK’s continuing heft in the sector. Britain ̷...
Posted: Jun 05, 2023
Chrysler parent Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior model years, documents seen on Friday by Reuters show. The record-setting penalties include $23...
Posted: Jun 05, 2023
The U.S. auto safety regulator routinely fails to meet its internal timelines for completing auto safety defect investigations, a government report released on Thursday found, hindering its ability to quickly respond to severe safety risks. The Trans...
Posted: Jun 05, 2023
The U.S. auto safety regulator routinely fails to meet its internal timelines for completing auto safety defect investigations, a government report released on Thursday found, hindering its ability to quickly respond to severe safety risks. The Trans...
Posted: Jun 05, 2023
This edition of International People Moves details appointments at Everest Insurance, Hub International and Canopius. A summary of these new hires follows here. Everest Insurance Names Chubb’s Browne Head of International Corporate Strategy Eve...
Posted: Jun 05, 2023
Freshpet Inc.’s board members were sued by activist shareholder Jana Partners over claims they breached their fiduciary duty by changing the number of directors up for election and accelerating its annual shareholder meeting. Jana Partners, whi...
Posted: Jun 05, 2023
Wells Fargo & Co. is pursuing private mediation to settle claims of widespread discrimination against Black homeowners by denying them lower interest rates through refinancing and forcing them to pay more for loans. Lawyers for the bank and borro...
Posted: Jun 05, 2023
Connecticut lawmakers voted Friday to take steps to protect people from the state’s growing bear population. But they stopped far short of a bear hunt and restrictions on people unintentionally feeding the hungry animals. The legislation, which...
Posted: Jun 05, 2023
The judge overseeing the 3M Co. “forever chemicals” case granted a trial delay the company requested so it can work out a settlement. The company on Sunday night asked the court to postpone its first federal trial over water pollution ...
Posted: Jun 05, 2023
A Kentucky farmer and his sister-in-law have pleaded guilty to a multi-year scheme to defraud the Federal Crop Insurance Corp. and companies the FCIC reinsures. ARMTech Insurance Services, now part of AgriSompo North America, paid out on some of the...
Posted: Jun 05, 2023
A lawsuit filed by a Washington oyster farmer accusing a former county deputy of falsifying an arrest report and urging a person to lie during a domestic-violence investigation has been settled for $250, 000. Gerardo Rodarte, the owner of Samish R...
Posted: Jun 05, 2023
Specialist insurer Tokio Marine Kiln (TMK) has established a standalone Cyber & Enterprise Risk division as part of its effort to expand its presence in the cyber market. Led by Laila Khudairi, the Cyber & Enterprise Risk division comprises c...
Posted: Jun 05, 2023
A small twin-engine aircraft crashed Saturday near hangars at Tupelo Regional Airport in northeastern Mississippi, killing two people, authorities said. The plane banked sharply after takeoff, witnesses told WCBI-TV, and came down beside the airport&...
Posted: Jun 05, 2023
An Alabama federal judge has sentenced the man who admits being the leader of a scheme to set fires to Walmart stores along the Gulf Coast to 18 years in prison – double the recommended sentence. As part of a …
Posted: Jun 05, 2023
San Diego, CA., June 05, 2023 —First Cap Property Insurance Solutions, a San Diego, CA based MGU recently announced a new homeowner’s program for California. The program offers HO3, DP3, HO6, HO4 and Stand-alone DIC. The stand-alone DIC c...
Posted: Jun 05, 2023
Chubb announced it has set up an aviation hub in Singapore to develop further its general aviation and aerospace business. The Singapore aviation hub is part of a strategic regional focus for the aviation team from Chubb Global Markets (CGM), …
Posted: Jun 05, 2023
Russia’s main security service accused a US intelligence agency of hacking several thousand iPhones, including devices belonging to Russian nationals and others linked to diplomatic missions and embassies in the country. The statement from Russ...
Posted: Jun 05, 2023
The U.S. Securities and Exchange Commission announced Friday it had dismissed 42 pending enforcement cases after discovering enforcement staff had improper access to materials meant for commission officials ruling on those cases. The decision comes a...
Posted: Jun 05, 2023
This post is part of a series sponsored by InsurBanc. The insurance industry has one of the economy’s lowest unemployment rates, at 1.6% as of April 2023 according to the Bureau of Labor Statistics (BLS). Within the industry, the BLS …
Posted: Jun 05, 2023
Two Southeastern insurance regulators have posted new information about liability insurance data and catastrophe claims reporting. The Florida Office of Insurance Regulation last week posted the 2023 catastrophe reporting form, which insurers will ne...
Posted: Jun 05, 2023
Two Southeastern insurance regulators have posted new information about liability insurance data and catastrophe claims reporting. The Florida Office of Insurance Regulation last week posted the 2023 catastrophe reporting form, which insurers will ne...
Posted: Jun 05, 2023