Insurance Journal

Families of 4 Killed on Farm Settle Wrongful Death Suit

The families of four young men killed and buried on a Pennsylvania farm have settled their wrongful-death lawsuits against the man who confessed in the killings and his parents Cosmo DiNardo, who was 20 at the time, admitted luring four …

Posted: May 30, 2023

College Baseball Player Killed While Dismantling Unapproved Dugout

A college baseball player died after he was struck in the face when a makeshift dugout he was helping to dismantle collapsed on him this week. Angel Mercado, 19, was a middle infielder who had just completed his freshman season …

Posted: May 30, 2023

New York City Enacts Law Banning Discrimination Based on Weight, Height

New York City Mayor Eric Adams has signed legislation to prohibit discrimination on the basis of a person’s height or weight in employment, housing, and public accommodations, with some exceptions. The New York City Council passed the bill (Int...

Posted: May 30, 2023

State Farm to Cease Accepting New Applications for Business and Personal Lines P/C in California

An insurer group was quick to respond over the weekend after State Farm announced it will cease accepting new applications for business and personal lines property/casualty in California to deal with increased risks and higher construction costs. The...

Posted: May 27, 2023

State Farm Stops Taking New Applications for Business, Personal Lines P/C in California

An insurer group was quick to respond over the weekend after State Farm announced it will cease accepting new applications for business and personal lines property/casualty in California to deal with increased risks and higher construction costs. The...

Posted: May 27, 2023

IICF’s Blazing the Trail Benefit Raises $540,000 for Midwest Nonprofits

Acrisure and Greg Williams honored for philanthropic and insurance industry leadership CHICAGO, IL (May 23, 2023) – The Midwest Division of the Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping comm...

Posted: May 26, 2023

Midwest States Consider Relaxing Child Labor Laws to Address Worker Shortages

MADISON, Wis. (AP) – Lawmakers in several states are embracing legislation to let children work in more hazardous occupations, longer hours on school nights and in expanded roles including serving alcohol in bars and restaurants as young as 14....

Posted: May 26, 2023

New Orleans TV Station Airs MMA Partner’s Admissions During Staff Meeting

A New Orleans television station broadcast an audio recording of a founding partner of the McClenny Moseley & Associates law firm admitting that his law firm used a roofing company and a marketing firm to sign on clients. 4WWL’s Eyewitness...

Posted: May 26, 2023

Fatal Blaze at Texas Refinery to Result in Lawsuits Against Oil Refiner Marathon

HOUSTON – Attorneys representing the family of a worker who was killed in a fire at a Texas City, Texas, refinery and another worker who was hospitalized said on Wednesday they have filed or would soon file injury claims against …

Posted: May 26, 2023

Florida DFS Charges Claims Adjuster with Submitting $24,000 in Fraudulent Auto Claims

Florida investigators have charged a former Progressive Insurance claims adjuster with fraud, alleging that she used claimants’ identities to submit fraudulent auto claims, then pocketed almost $24,000 in settlements. Kiyuana R. Pasley, 41, of...

Posted: May 26, 2023

Illinois Catholic Clergy Abuse Report Could Prompt Lawsuits, Changes to State Law

CHICAGO (AP) – Illinois’ attorney general has ended a five-year investigation into sexual abuse of children by Catholic clergy in the state, releasing a nearly 700-page report that revealed the problem was far worse than the church acknow...

Posted: May 26, 2023

EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias

The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers can also run afoul of discrim...

Posted: May 26, 2023

Former Root CMO Accused of Stealing Millions Spending ‘Lavishly’; Judge Appoints Receiver

According to court records, Root Inc’s former chief marketing officer – accused of stealing about $10 million from the company – has not made court appearances, spent money in violation of court orders, and has a bench warrant out for …

Posted: May 26, 2023

Fired Root CMO Accused of Stealing Millions Spends ‘Lavishly’; Judge Appoints Receiver

According to court records, Root Inc’s former chief marketing officer – accused of stealing about $10 million from the company – has not made court appearances, spent money in violation of court orders, and has a bench warrant out for …

Posted: May 26, 2023

Allianz’ PIMCO Weighs Joining Investors Suing Over Credit Suisse AT1 Bonds

Pacific Investment Management Co. is considering joining hundreds of investors in challenging the Swiss regulator’s decision to wipe out about $17 billion of Credit Suisse Group AG bonds following the bank’s takeover by UBS Group AG. PIMC...

Posted: May 26, 2023

Kin, Slide Say They’ve Completed Reinsurance Program Ahead of June 1 Renewal

Two Florida-focused property insurers have announced they have completed their reinsurance programs, just days ahead of what some had warned would be a painful June 1 renewal deadline. Kin Insurance Inc., a tech and data-heavy, direct-to-consumer ins...

Posted: May 26, 2023

Kin, Slide Say They’ve Completed Reinsurance Programs Ahead of June 1 Renewal

Two Florida-focused property insurers have announced they have completed their reinsurance programs, just days ahead of what some had warned would be a painful June 1 renewal deadline. Kin Insurance Inc., a tech and data-heavy, direct-to-consumer ins...

Posted: May 26, 2023

People Moves: SiriusPoint Names Lopez as CTO, Succeeding Siry; IQUW Appoints MacDonald and Hennessey...

This edition of International People Moves details appointments at three re/insurers SiriusPoint, IQUW and Chaucer. A summary of these new hires follows here. SiriusPoint Names Lopez as CTO, Succeeding Siry SiriusPoint Ltd., the Bermuda-based special...

Posted: May 26, 2023

Inszone Acquires Specialty Contractors Insurance Services California

Inszone Insurance Services acquired Specialty Contractors Insurance Services. Specialty Contractors Insurance Services has predominantly served business owners and contractors. It is headquartered in Sacramento, California. Inszone is a national prov...

Posted: May 26, 2023

Housing Crisis Remains in East Kentucky Almost A Year After Flooding

Shirley Howard’s feet splashed into nearly a foot of water when she stepped out of bed on a summer morning last July amid a torrential rainfall. A devastating flood swallowing up Kentucky’s Appalachian region had reached her bedroom in th...

Posted: May 26, 2023

NOAA Predicts Near-Normal Atlantic Hurricane Season

As the 2023 Atlantic hurricane season approaches June 1, the National Oceanic and Atmospheric Administration is predicting “near-normal” activity. The season’s expectations are mostly due to the fact NOAA scientists predict a high p...

Posted: May 26, 2023

Typhoon Mawar Is Most Powerful Storm of 2023, So Far

Mawar is now one of the three strongest storms ever to hit the North Pacific in May and is the undisputed most powerful — in terms of windspeed — of 2023 so far, according to Jeff Masters, a meteorologist for …

Posted: May 26, 2023

Three Former Mississippi Officers Indicted in Death of Man Repeatedly Tased

A Mississippi grand jury has indicted two former police officers on murder charges and another ex-officer on a manslaughter charge in the death of a Black man who was pinned to the ground and repeatedly tased during an arrest last …

Posted: May 26, 2023

People Moves: Jeter to Lead NFP Aviation Specialty Practice

NFP Hires Jeter to Lead Aviation Specialty Practice Insurance broker NFP has hired Josh Jeter as a senior vice president and aviation specialty practice leader in the company’s aviation industry group. Jeter comes to NFP from Gallagher, where h...

Posted: May 26, 2023

Eastman Chemical Resins to Pay $2.4M for Environmental Violations in Pennsylvania

Eastman Chemical Resins Inc. will pay a $2.4 million penalty for environmental violations at the sprawling 56-acre manufacturing facility in West Elizabeth, Pennsylvania, that is now owned and operated by Synthomer Jefferson Hills, the Environmental...

Posted: May 26, 2023