Insurance Journal
The chief of staff for an Atlanta-area sheriff has been charged with insurance fraud after an investigation found that he had lied about the circumstances of an accident. Braxton Tyree Cotton, 41, a major in the Cobb County Sheriff’s Office, &#...
Posted: May 01, 2023
Management shut down production Saturday at a Volkswagen plant in Tennessee after three workers were struck by a vehicle on a walkway just outside the plant, authorities said. One person was killed, a second was critically injured and a third …
Posted: May 01, 2023
A northeast Mississippi tire plant that was damaged by an April tornado is expected to restart production in June. Goodyear Tire & Rubber Co. said this week that it was likely to take several months for its Cooper Tire plant …
Posted: May 01, 2023
A south Florida jury has awarded $5.5 million to a woman who sued her condominium association after years of water infiltration and mold that the woman blamed for the death of her longtime domestic partner in 2021. The Broward County …
Posted: May 01, 2023
President Joe Biden declared Florida’s Broward County a disaster area Friday, two weeks after record-breaking rain left parts of Fort Lauderdale and its suburbs flooded. Gov. Ron DeSantis had requested the declaration earlier this week. The dec...
Posted: May 01, 2023
President Joe Biden declared Florida’s Broward County a disaster area Friday, two weeks after record-breaking rain left parts of Fort Lauderdale and its suburbs flooded. Gov. Ron DeSantis had requested the declaration earlier this week. The dec...
Posted: May 01, 2023
Massachusetts’ highest court overruled a lower court judge Thursday and reinstated criminal neglect charges against two top former officials at a veterans’ home. Nearly 80 veterans died at the Veterans’ Home in Holyoke after contrac...
Posted: May 01, 2023
After the deadly collapse of a parking structure in lower Manhattan, New York City building officials swept through dozens of parking garages and ordered four of them to immediately shutter because of structural defects that “deteriorated to th...
Posted: May 01, 2023
A restoration contractor that helped finance an effort by McClenny Moseley & Associates to file thousands of hurricane-damage claims in Louisiana wants its $3 million investment back. Access Restoration Services US filed a lawsuit in a Texas stat...
Posted: Apr 28, 2023
CLEVELAND (AP) – An eastern Ohio man told investigators that he tried to burn down an Ohio church because he wanted to prevent a drag show that was scheduled to take place there, federal prosecutors allege in newly unsealed charges. …
Posted: Apr 28, 2023
DES MOINES, Iowa (AP) – Some residents along the swelling Upper Mississippi River evacuated their homes this week while others scrambled Wednesday to stack sandbags in preparation for what forecasters say could be near-record flooding caused by...
Posted: Apr 28, 2023
DALLAS (AP) – A private company that ran a Texas jail where a woman allegedly went blind following days of medical neglect before her 2019 death has agreed to a $7 million lawsuit settlement along with other defendants, her family’s ̷...
Posted: Apr 28, 2023
PORTLAND, Ore. (AP) – A trial connected to a $1.6 billion class action lawsuit against utility PacifiCorp over the catastrophic Labor Day 2020 wildfires in Oregon started Tuesday in Portland. The fires in 2020 killed nine people, burned more th...
Posted: Apr 28, 2023
Ryan Specialty Appoints Davies as CEO and Smith as President of PERse’s North American Operations Ryan Specialty Holdings, Inc. has made leadership appointments to its Power.Energy.Risk’s (PERse) North American operations, the Chicago, Il...
Posted: Apr 28, 2023
Canopius Group, the London-based global specialty re/insurer, has had a management shake-up, with three executives exiting the company. “Over the last 18 months, Canopius has reorganised our global underwriting operations to both enhance the fo...
Posted: Apr 28, 2023
The Federal Reserve issued a detailed and scathing assessment on Friday of its failure to identify problems and push for fixes at Silicon Valley Bank before the U.S. lender’s collapse, and promised tougher supervision and stricter rules for ban...
Posted: Apr 28, 2023
The Florida Senate has unanimously approved an amended version of the Insurer Accountability Act, removing some reporting requirements for property insurers. The amended bill would continue to bar insurers from altering adjusters’ estimates wit...
Posted: Apr 28, 2023
A U.S. federal judge on Friday denied Google’s motion to dismiss a Department of Justice antitrust case focused on advertising technology. The government, which filed the ad tech lawsuit in January, has argued that Google should be forced to se...
Posted: Apr 28, 2023
Hub International Limited (HUB) said it has entered into an agreement with private equity firm Leonard Green & Partners (LGP) for an expected “substantial” minority investment with HUB’s enterprise valuation of $23 billion. The...
Posted: Apr 28, 2023
South Carolina’s governor has elevated acting insurance department leader Michael Wise to the position of director. Wise, who’s been with the Department of Insurance since 2009, was named acting director a year ago, after longtime directo...
Posted: Apr 28, 2023
A federal administrative law judge has determined that the manager of Fuller Hospital in Attleboro, Massachusetts exposed employees to workplace violence without adequate protections in 2019, particularly at times when hospital staffing was low. The...
Posted: Apr 28, 2023
An infusion of federal funding will help build hundreds of homes in Kentucky communities devastated by tornadoes and floods in 2021, Gov. Andy Beshear said Wednesday. Four counties hardest hit by the storms – Graves, Warren, Hopkins and Breathi...
Posted: Apr 28, 2023
New York’s top state court on Thursday threw out claims by yellow cab operators that New York City diminished the value of their taxi licenses by failing to rein in app-based competitors like Uber Technologies Inc and Lyft Inc. The …
Posted: Apr 28, 2023
This edition of International People Moves details appointments at Howden and BMS Re. A summary of these new hires follows here. Howden Appoints Marsh’s Howell for Multinational Client Practice Howden, the London-based international insurance b...
Posted: Apr 28, 2023
Insured losses for floods that hit Southeast Australia in October 2022 have risen to A$907 million (US$600.2 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. This updated...
Posted: Apr 28, 2023