May 22, 2022
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Sun, 22 May 2022 17:28:24 +0000
Florida’s insurance community appears to be split, at least to some degree, on the impact that two draft bills will have on the property insurance crisis, with some praising the changes and others warning that they won’t go far enough …
Fri, 20 May 2022 16:02:24 +0000
Hub Launches Nonprofit Specialty Practice Insurance broker Hub International, with decades of experience in the sector, has launched a nonprofit specialty practice to serve the risk management, insurance and human capital needs of associations, arts an...
Fri, 20 May 2022 15:50:40 +0000
A huge fire set off by an explosion burned Thursday at a marine construction company in southeast Wisconsin. Three civilians and three firefighters were injured at Summerset Marine Construction in the small Waukesha County community of Eagle, about 35 ...
Fri, 20 May 2022 15:45:58 +0000
Minneapolis has agreed to pay $1.5 million to a man who said police used excessive force when he was arrested during the protests that followed George Floyd’s death in 2020, according to court documents filed Tuesday. Jaleel Stallings, 29, also …
Fri, 20 May 2022 15:43:10 +0000
The city of St. Louis will pay a St. Louis assistant police chief nearly $162,000 to settle his federal discrimination lawsuit in which he alleged he was passed over for the city’s top police job because he is white. Lt. …
Fri, 20 May 2022 15:37:45 +0000
Family Dollar is closing an Arkansas distribution facility where more than 1,000 rodents were found earlier this year, forcing the recall of items from hundreds of stores, the company said Wednesday. The company said it plans to close the facility …
Fri, 20 May 2022 15:27:11 +0000
Zurich’s Climate FieldView Expands Precision Crop Information for RCIS Zurich North America crop insurance business – Rural Community Insurance Services (RCIS) – has added Climate FieldView to its list of precision agriculture providers available t...
Fri, 20 May 2022 14:04:19 +0000
Two of the oldest insurance agencies in Central Kentucky have merged. Rightmyer Insurance Agency in Danville, founded in the 1930s, has joined forces with Sam Dexter Insurance Agency, which began in 1954, according to a local news report. The two …
Fri, 20 May 2022 13:32:22 +0000
Seven people, including police officers and EMS personnel, were injured in an explosion at a Maryland nail salon on Monday night, officials said. Baltimore County police officers responded to a disturbance at a Woodlawn nail salon and encountered a per...
Fri, 20 May 2022 13:27:26 +0000
Maryland’s auto insurance market for drivers that private insurers won’t cover has received approval to offer combined single limits coverage up to $1 million for eligible businesses and vehicles. Maryland Auto Insurance (MAI) says many contracts, part...
Fri, 20 May 2022 13:25:25 +0000
Authorities in the Tucson suburb of Marana, Arizona, are investigating whether a fire that destroyed 14 homes under construction homes was arson. Marana police officials said the fire started last week. By the time crews from the Northwest Fire District …
Fri, 20 May 2022 13:23:29 +0000
Hawaii and the Central Pacific basin should expect two to four hurricanes, tropical depressions or tropical storms this year, federal forecasters said. The annual National Oceanic and Atmospheric Administration outlook predicts there is a 60% chance of...
Fri, 20 May 2022 13:08:05 +0000
A federal judge in Tennessee has sentenced two Florida men to prison after they were found guilty of an extensive telemedicine fraud that convinced pharmacy benefits managers ExpressScripts, CVS Caremark, Optum and others to authorize millions of dolla...
Fri, 20 May 2022 13:04:09 +0000
Cerebral Inc. directors voted to oust the mental telehealth giant’s founder and chief executive officer, Kyle Robertson, on Wednesday, as the booming industry draws scrutiny from federal law enforcement and patient advocates. Robertson had built Cerebr...
Fri, 20 May 2022 12:22:26 +0000
Heading into the hotly contested midterm elections, the American political right has a new rallying cry: Down with ESG. Conservatives have identified the popular investing strategy, which accounts for environmental, social and governance risks, as part...
Fri, 20 May 2022 07:01:24 +0000
Insurers waited too long to intervene in anti-trust litigation that brought settlements requiring dozens of auto parts manufacturers to pay a total of $1.2 billion to resolve price-fixing allegations, a panel of the U.S. 6th Circuit Court of Appeal rul...
Fri, 20 May 2022 06:49:51 +0000
Chiropractors are involved in only a small fraction of workers’ compensation claims for low back pain in states where insurers or employers control the choice of medical provider, but a report released this week suggests that skepticism about runaway c...
Fri, 20 May 2022 06:47:23 +0000
These days, mass shooters like the one now held in the Buffalo, New York, supermarket attack don’t stop with planning out their brutal attacks. They also create marketing plans while arranging to livestream their massacres on social platforms in hopes …
Fri, 20 May 2022 06:44:45 +0000
The Google search engine collects data on users who think they can be anonymous if they use a “private browsing” mode, Texas Attorney General Ken Paxton claimed on Thursday, filing an amended privacy lawsuit against the Alphabet Inc. unit. Texas, …
Fri, 20 May 2022 09:53:12 +0000
This edition of International People Moves details appointments at three brokers: NFP, Acrisure Re and Howden Sweden. A summary of these new hires follows here. NFP Names New Exec Team in Canada NFP, the New York City-based property/casualty insurance ...
Fri, 20 May 2022 09:11:01 +0000
TOKYO (AP) – Japan’s nuclear regulator on Wednesday approved plans by the operator of the wrecked Fukushima nuclear plant to release its treated radioactive wastewater into the sea next year, saying the outlined methods are safe and risks to the …
Fri, 20 May 2022 08:50:46 +0000
Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, a senior HSBC banker in charge of sustainable investments said in remarks that drew criticism from climate activists. The bank said his views...
Fri, 20 May 2022 08:40:25 +0000
Premature deaths from common pollution sources have risen by two-thirds globally since 2000, a dark consequence of the economic development that has lifted millions from extreme poverty this century. More than 90% of the deaths have occurred in rapidly...
Fri, 20 May 2022 06:15:29 +0000
When two-thirds of the brokers at a prominent Calgary oil firm quit without explanation around the Easter weekend, the exodus chilled Canada’s oil market. Now, a lawsuit filed against the firm, NE2 Group, purports to offer a window into life …
Fri, 20 May 2022 05:49:38 +0000
Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest Western firm to exit Russia. It joins a list of companies that have quit …
Fri, 20 May 2022 05:01:29 +0000
Florida may have one of the most generous attorney-fee mechanisms in the country, sometimes resulting in plaintiff’s fees that are several times greater than the amount of damage awards. It’s enough to drive property insurers crazy – or toward the …
Fri, 20 May 2022 05:00:42 +0000
Actor Sacha Baron Cohen has dropped his lawsuit against a Massachusetts cannabis dispensary that used an image of his character Borat on a billboard without his permission. A document filed in Boston federal court on Tuesday said the two sides …
Thu, 19 May 2022 21:45:23 +0000
The Cal/OSHA Process Safety Management Unit cited Valero Refinery of Benicia and three contractors a combined $1.75 million for serious safety violations following a confined space death of a 35-year-old worker who suffocated in a regenerator overflow ...
Thu, 19 May 2022 16:54:48 +0000
An Austin, Texas man was sentenced to 70 months in prison and ordered to pay $5,052,366.92 in restitution for his role in a fraud scheme. According to court documents, from 2012 until June 2018, Jason Michael Schubert, 47, devised a …
Thu, 19 May 2022 15:53:58 +0000
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) said it has adopted a new form: DWC Form-033, Request to Reduce Income Benefits Due to Contribution (DWC Form-033), effective immediately. The DWC said the adoption of the form ...