August 14, 2022

Fri, 12 Aug 2022 16:10:46 +0000
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced last week that Francis Hall, the former co-owner of Bill Hall Jr. Trucking turned herself into Bexar County authorities. There had been a warrant out for Hall’s arrest...
Fri, 12 Aug 2022 16:05:16 +0000
The nearly $50 million defamation verdict against Alex Jones for his years of lies about the Sandy Hook Elementary School massacre is far from a final reckoning. Jones’ attorneys plan to appeal and try to lower the price tag a …
Fri, 12 Aug 2022 16:02:00 +0000
Authorities worked Thursday to determine the cause of a house explosion in a southern Indiana neighborhood that killed three people and left another person hospitalized. The explosion Wednesday afternoon in Evansville damaged 39 homes and crews had not...
Fri, 12 Aug 2022 15:51:19 +0000
The Biden administration on Friday announced it is putting more than $3 billion into two federal programs to help communities deal with floods, wildfires, extreme heat and other problems imposed by climate change. Funding for the Building Resilient Inf...
Fri, 12 Aug 2022 15:34:50 +0000
The Federal Trade Commission is seeking public feedback on a proposed rulemaking to limit what it’s dubbed “commercial surveillance” by businesses that sell or share information collected about people, with potential new powers to levy fines for data p...
Fri, 12 Aug 2022 15:15:43 +0000
Federal and state appeals courts in two Southeastern states have ruled against pandemic-affected businesses, adding to the list of decisions that have found that insurance policies cover only physical damages. In South Carolina, the state Supreme Court...
Fri, 12 Aug 2022 15:08:53 +0000
NN Group’s core profit fell 12.1% year-on-year in the first half of 2022, the Dutch insurer said on Thursday, citing the impact of weather events and the sale of its asset management arm. Operating profit came in at 983 million …
Fri, 12 Aug 2022 14:26:45 +0000
Truist subsidiary McGriff, an insurance broker, has announced that Doug Hodo will rejoin the firm as chief strategic growth officer, based in Texas. Hodo spent the past year working as director of large relationships for a national brokerage. Previousl...
Fri, 12 Aug 2022 14:16:39 +0000
Florida’s Citizens Property Insurance Corp., created by lawmakers as a last-resort option, has become the largest property insurer in the state with more than 1 million policies in force – and growing. Stakeholders did not celebrate the milestone and...
Fri, 12 Aug 2022 13:50:26 +0000
The New York State Insurance Fund reported that it returned more than $550 million over the past year to businesses through its workers’ compensation safety discounts and dividends programs. The state agency provides dividends for companies that belong...
Fri, 12 Aug 2022 13:43:26 +0000
Insurance broker Hub International Limited has acquired KT&D, Inc. in Wilmington, Delaware. Terms of the transaction were not disclosed. KT&D provides multi-line insurance services, including medical malpractice, commercial and personal, and employee b...
Fri, 12 Aug 2022 13:37:04 +0000
MEMIC Names Hoff Vice President of Loss Control and Safety The MEMIC Group has named Maryann Hoff, a 17-year insurance industry veteran, its new vice president of loss control and safety. Hoff comes to MEMIC from Safety National Casualty Corp., …
Fri, 12 Aug 2022 13:05:54 +0000
European nations sent firefighting teams to help France tackle a “monster” wildfire on Thursday, while forest blazes also raged in Spain and Portugal and the head of the European Space Agency urged immediate action to combat climate change. More than …
Fri, 12 Aug 2022 13:03:16 +0000
Family members of Anton Black and the Coalition for Justice for Anton Black announced they have resolved part of their federal court litigation charging police and municipal officials in three Maryland communities with the unconstitutional killing of t...
Fri, 12 Aug 2022 12:49:23 +0000
Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended U.S. sales of a product that drew thousands of consumer safety lawsuits. “As part of a …
Fri, 12 Aug 2022 08:30:38 +0000
The South Carolina Supreme Court on August 10 became the fourth state high court in the nation to rule that the virus that causes COVID-19 cannot cause a direct physical damage or loss covered by a commercial property insurance policy. …
Fri, 12 Aug 2022 12:18:54 +0000
Cross Insurance reported it has acquired Maine Insurance Agency of Portland. The acquisition of Maine Insurance Agency, a fifth-generation family-owned business, expands the coastal region division of Cross. Founded in l905, Maine Insurance Agency offe...
Fri, 12 Aug 2022 10:58:39 +0000
Weakening the independence of regulators would undermine reforms to bolster Britain’s finance industry, the head of the Bank of England said on Thursday, in a rebuff to proposals from the leading candidate to be the country’s next prime minister. The …
Fri, 12 Aug 2022 10:22:09 +0000
Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules since leaving the European Union. Approval of what is the biggest markets reform in two decades is expected by May …
Fri, 12 Aug 2022 08:00:32 +0000
The U.S. Environmental Protection Agency and Indiana Department of Environmental Management announced a settlement on August 5 with Metalworking Lubricants Co. for alleged violations of the Clean Air Act at its used oil processing facility in Indianapo...
Fri, 12 Aug 2022 05:40:19 +0000
Inflation likely won’t subside anytime soon, and insurers will need to be proactive and flexible if they want to stay on top of the challenges, said Keith Buckley, managing director of Fitch Ratings’ global insurance rating group. He was speaking …
Fri, 12 Aug 2022 05:01:25 +0000
Tradespeople who call themselves and their workers “independent contractors” have long been an issue for the workers’ compensation industry, often cutting carriers out of premium and leaving injured workers without coverage. Some in the industry now wo...
Fri, 12 Aug 2022 05:00:40 +0000
A federal judge ruled this week that Walgreens can be held responsible for contributing to San Francisco’s opioid crisis for over-dispensing opioids for years without proper oversight and failing to identify and report suspicious orders as required by ...
Fri, 12 Aug 2022 05:00:37 +0000
Former Washington State football coach Nick Rolovich has filed a claim against the university seeking $25 million for wrongful termination after he was fired last year for refusing to get vaccinated against COVID-19. The claim was filed on Rolovich’s b...
Fri, 12 Aug 2022 05:00:17 +0000
PHILADELPHIA (AP) —Sesame Place has announced the implementation of diversity and inclusion training for its employees following a $25 million class-action lawsuit alleging multiple incidents of discrimination after outcry sparked from a video of a c...
Fri, 12 Aug 2022 05:00:07 +0000
Outsource Insurance Professionals had announced senior leadership changes. The following roles will be assumed by OIP leadership: Martina Seferovic, President & Chief Executive Officer, OIP. Prior to this role, Seferovic was the Managing Director for t...
Fri, 12 Aug 2022 05:00:05 +0000
The parents of a 9-year-old child who died skiing at Mt. Bachelor ski area in central Oregon last year have filed a $49 million wrongful death lawsuit against the resort and its parent company, Powdr Corp. Angela and Brian Boice …
Thu, 11 Aug 2022 19:19:40 +0000
Here’s something to think about after two years of living in a COVID-19 reality: More than 58% of human diseases caused by pathogens – think dengue, hepatitis, malaria, Zika – have been “aggravated by climatic hazards.” Research published this week …
Thu, 11 Aug 2022 19:07:29 +0000
Inszone Insurance Services announced the acquisition of First Bosnian Insurance, providing the second acquisition in the state of Missouri. First Bosnian Insurance opened in 2005 with the goal of helping the growing community of Balkan and Eastern Euro...
Thu, 11 Aug 2022 16:40:04 +0000
The Texas Department of Insurance (TDI) is urging consumers to be wary of phone calls or other communications from anyone claiming to be a representative of TDI. TDI will call you only when you ask for assistance. TDI’s Fraud Unit …