Insurance Journal
The Southern California city of Torrance has paid a man $750,000 after two police officers were accused of spray-painting a swastika inside his car three years ago. The investigation into that incident led to the discovery of a trove of …
Posted: Mar 22, 2023
New York City Mayor Eric Adams has signed several bills into law to further regulate lithium-ion batteries sold in the city and strengthen fire safety related to the batteries used in e-scooters and e-bikes. Adams also announced a “Charge Safe,...
Posted: Mar 22, 2023
At least 11 people were injured when a fire erupted in a large Los Angeles apartment complex, authorities said. Five of the approximately 200 units in the four-story building were burned, the Fire Department said in a statement on Monday. …
Posted: Mar 21, 2023
AAdvantage Insurance Group Hires Berg as Personal Lines Account Executive AAdvantage Insurance Group, headquartered in Glen Carbon, Illinois, recently hired Sondra Berg as its personal lines account executive. Berg will focus on maintaining, expandin...
Posted: Mar 21, 2023
This post is part of a series sponsored by IAT Insurance Group. The driver shortage continues to be a major challenge for fleets across the country. That’s because the industry is short an estimated 80,000 drivers, a number estimated to …
Posted: Mar 21, 2023
This edition of International People Moves details appointments at two London brokers: McGill and Partners and Howden Broking. A summary of these new hires follows here. McGill and Partners Hires Gallagher Re’s Turner for Treaty Reinsurance Tea...
Posted: Mar 21, 2023
Keystone Names Erwin VP for Kentucky, Ohio Keystone Insurers Group, one of the largest participant-owned agency networks in the United States, has named Brian Erwin as state vice president for Kentucky and Ohio. Erwin comes to Keystone from WestBend...
Posted: Mar 21, 2023
A Rite Aid Corp. shareholder on March 20 filed a securities class action lawsuit against the company as well as former and current executives, alleging Rite Aid has given false or misleading statements regarding its alleged distribution of unlawful o...
Posted: Mar 21, 2023
LITTLE ROCK, Ark. (AP) – During last month’s deadly crash of a small plane near Little Rock, there were “changing/deteriorating weather conditions from the time of taxi, takeoff, and the accident,” according to a preliminary r...
Posted: Mar 21, 2023
The MEMIC Group, headquartered in Portland, Maine, has promoted three veteran team members to key managerial roles. Janine Bard has been promoted to director of claims, Maine region. Bard started as a compensation specialist in 2002 before being prom...
Posted: Mar 21, 2023
PORTLAND, Mich. (AP) – An interstate highway stretch in central Michigan has reopened following a massive pileup involving 150 vehicles in whiteout conditions that left 16 people hospitalized. Interstate 96 in Ionia County reopened about 10 p.m...
Posted: Mar 21, 2023
NFP, a property and casualty broker, benefits consultant, wealth manager and retirement advisor, announced it has acquired David A. Marcus & Associates, Inc. and Deerfield Financial Group, LLC (David Marcus). Based in Deerfield, Illinois, David M...
Posted: Mar 21, 2023
The Louisiana Supreme Court has joined state high courts across the nation in rejecting a policyholder’s business-interruption claim for income lost because of government restrictions imposed to slow the spread of COVID-19. The high court on Fr...
Posted: Mar 21, 2023
Correll Insurance Group, a rapidly growing agency in the Southeast, announced two more acquisitions of Tennessee-based agencies: SouthPoint Risk, in Nashville, and Insight Risk Management, in Memphis. Correll said in a news release that it has made 1...
Posted: Mar 21, 2023
Injured workers in Pennsylvania are entitled to be reimbursed for medical marijuana costs under the state’s workers’ compensation law. The Commonwealth Court of Pennsylvania has ruled that while the Medical Marijuana Act (MMA) does not re...
Posted: Mar 21, 2023
US officials are studying ways they might temporarily expand Federal Deposit Insurance Corp. coverage to all deposits, a move sought by a coalition of banks arguing that it’s needed to head off a potential financial crisis. Treasury Department...
Posted: Mar 21, 2023
Arthur J. Gallagher & Co. acquired Phoenix, Arizona-based Viking Bond Service Inc. Tom Buckner, Bill Belpedio and the Viking Bond team will operate under the direction of Kevin Garvin, head of Affinity North America for Gallagher’s retail p...
Posted: Mar 21, 2023
Lawyers for Dominion Voting Systems on Tuesday were asking a Delaware judge to find Fox Corp. liable for defamation over airing debunked vote-rigging claims, while Fox lawyers fighting a $1.6 billion lawsuit counter that the network’s 2020 elec...
Posted: Mar 21, 2023
Continuing high levels of inflation in construction costs in the UK and globally, risk leaving homes and businesses underinsured in the event of fire or another catastrophic event, warned Chaucer, the specialty re/insurance group. Many businesses hav...
Posted: Mar 21, 2023
Increased punishments for rioting in North Carolina will become law later this year as Democratic Gov. Roy Cooper announced on Friday he wouldn’t use his veto stamp on legislation that’s similar to a bill he successfully blocked in 2021....
Posted: Mar 21, 2023
Two men were found dead after a boating incident on a central Florida lake near the Legoland theme park. Polk County Sheriff Grady Judd said at a news conference that the two men had jumped into Lake Eloise Saturday to …
Posted: Mar 21, 2023
Canada’s federal government is stepping up environmental oversight in Alberta’s oil sands after Imperial Oil Ltd. and the provincial regulator were slow to report toxic spills. Environment Minister Steven Guilbeault has proposed a joint f...
Posted: Mar 21, 2023
Coastal communities around the world are adding a tropical twist to shoreline protection, courtesy of the humble coconut. From the sands of the Jersey Shore to the islands of Indonesia, strands of coconut husk, known as coir, are being incorporated &...
Posted: Mar 21, 2023
A Russian court on Monday froze all Volkswagen assets in Russia, in the latest obstacle to the German carmaker’s year-long efforts to wind down its Russian operations. Volkswagen, along with other foreign carmakers, suspended operations in Russ...
Posted: Mar 21, 2023
Ferrari NV said it was hit by a ransomware attack that exposed information on the Italian sports car maker’s customers. “Certain data relating to our clients was exposed, including names, addresses, email addresses and telephone numbers,&...
Posted: Mar 21, 2023