January 25, 2021
Coming Soon!
Mon, 25 Jan 2021 19:20:09 +0000
Last week, Insurance Journal polled football fans, asking them to compare three NFL quarterbacks who also appear in insurance TV ads. The poll asked readers to rate Green Bay Packers future Hall-of-Famer QB Aaron Rodgers who sells for State Farm; …
Mon, 25 Jan 2021 17:58:11 +0000
A suburban Atlanta teenager has been arrested on charges that he defrauded a supermarket where he worked of nearly $1 million over a two-week period. The Atlanta Journal-Constitution reports 19-year-old Tre Brown was arrested Jan. 14 by Gwinnett County...
Mon, 25 Jan 2021 17:45:56 +0000
A safety director at a Kentucky coal mine has pleaded guilty to a federal charge of rigging dust monitoring in underground mines. Steve DeMoss pleaded guilty earlier this month in federal court in Owensboro. He was one of nine former …
Mon, 25 Jan 2021 17:35:55 +0000
Springdale, Arkansas-based Tyson Foods, the nation’s largest meat supplier, said it will pay more than $200 million to settle a class-action suit that alleged price-fixing among chicken producers, saying the agreement is in the best interests of the co...
Mon, 25 Jan 2021 17:35:18 +0000
Flooding is America’s number one natural disaster and as the highest “at risk” state in the country, Florida is the epicenter for all things flood insurance. Since 1968, when procuring flood insurance, agents and homeowners have had virtually one optio...
Mon, 25 Jan 2021 17:34:34 +0000
The Nebraska Supreme Court is allowing a lawsuit to continue against an Omaha natural gas utility for a 2016 fire that destroyed part of the downtown Omaha’s Old Market. The ruling affirms the finding of a lower court that rejected …
Mon, 25 Jan 2021 17:31:03 +0000
Upland Capital Group (Upland), a Dallas-based specialty insurance business led by long-time insurance and investment executives has opened for business. Upland is funded through an equity investment of up to $200 million from Newlight Partners LP (Newl...
Mon, 25 Jan 2021 17:28:24 +0000
Insurance brokerage firm, IMA Inc., has hired veteran underwriting professional Conrad Maier as vice president in the company’s Houston-based energy practice. Maier is the first dedicated producer in Houston, marking the next stage of IMA’s aggressive ...
Mon, 25 Jan 2021 17:27:18 +0000
A labor union representing state workers has filed a complaint with the state Occupational Safety and Health Administration, arguing that a lack of a mask mandate at the Iowa Capitol threatens the safety of everyone who enters the building. Iowa …
Mon, 25 Jan 2021 17:25:52 +0000
Kansas City, Mo.-based Lockton has added Matt Heinz as a partner in its Transaction Liability practice. Heinz will co-lead the group with partners Josh Halpern, Eric Ziff and Gaurav Sud, who joined Lockton last year as the firm sought to …
Mon, 25 Jan 2021 17:24:31 +0000
Insurance Journal is once again seeking independent agency owners, principals, producers, CSRs — the entire agency — to participate in its annual independent insurance agency salary survey for publication in Insurance Journal magazine. The survey t...
Mon, 25 Jan 2021 16:06:53 +0000
The son of a couple killed in a Pittsburgh synagogue attack that killed 11 worshippers is suing the National Rifle Association, arguing the group’s inflammatory rhetoric led to the violence. Marc Simon, the son of Sylvan and Bernice Simon, filed …
Mon, 25 Jan 2021 15:57:17 +0000
The New York Supreme Court, Appellate Division, Third Judicial Department held at the end of December that Uber drivers can be considered employees eligible for benefits such as unemployment insurance. The finding upheld two previous April 2019 decisio...
Mon, 25 Jan 2021 15:44:35 +0000
The master tenant of a San Francisco Bay Area warehouse where 36 people perished when a fire ignited during a 2016 dance party pleaded guilty Friday to the deaths, avoiding a second trial after the first ended in a hung …
Mon, 25 Jan 2021 15:40:39 +0000
Eight women who were taught by a former USA Gymnastics coach now facing lewdness and sexual assault charges are suing the Las Vegas gym where he trained them from 2009 to 2015. A civil negligence and liability lawsuit filed Tuesday …
Mon, 25 Jan 2021 15:40:23 +0000
The Dupont Co. and its spinoff business Chemours have agreed to resolve legal disputes over environmental liabilities for pollution related to man-made chemicals associated with an increased risk of cancer and other health problems. The binding memoran...
Mon, 25 Jan 2021 15:03:48 +0000
JOHANNESBURG— South African insurer Santam Ltd. said on Monday it will start processing business interruption claims for all commercial policies that were affected by a coronavirus-led lockdown in April beyond those of its hospitality and leisure div...
Mon, 25 Jan 2021 15:00:16 +0000
MyFloodInsurance.com has been expanded to allow for real estate agents and homebuyers to receive instant flood insurance quotes from multiple flood insurance companies, as well as the National Flood Insurance Program (NFIP). The My Flood Insurance widg...
Mon, 25 Jan 2021 14:28:09 +0000
Three homes were destroyed and two others were damaged in a Thursday night fire on Prudence Island, Rhode Island, fire officials said. Firefighters from Portsmouth and several nearby communities responded to the fire around 11 p.m., according to The Ne...
Mon, 25 Jan 2021 14:25:18 +0000
A Pennsylvania woman who didn’t pay her water bill has been charged with felonies including the use of weapons of mass destruction after she burned three municipal workers with acidic drain cleaner as they tried to restore her service, authorities …
Mon, 25 Jan 2021 13:53:30 +0000
Untangling the vast global derivatives industry from Libor just got a bit easier. The London interbank offered rate is hardwired into swaps and other contracts worth hundreds of trillions of dollars, but it’s slated to disappear in the not-too-distant ...
Mon, 25 Jan 2021 13:33:38 +0000
A blank-check firm backed by prominent investor Bill Foley has agreed to take Alight Solutions LLC, the U.S. benefits services provider owned by buyout firm Blackstone Group, public in a deal valued at $7.3 billion, the companies said on Monday. …
Mon, 25 Jan 2021 13:24:46 +0000
Australia’s securities regulator said on Monday there was a cyber security breach at a server it used to transfer files including credit license applications where some information may have been viewed. The Australian Securities and Investment Commissi...
Mon, 25 Jan 2021 13:11:26 +0000
There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% above the average annual losses for this century, according to insurance broker Aon’s latest catastrophe loss report. Of this total, priv...
Mon, 25 Jan 2021 06:00:39 +0000
Bayu Wardoyo tends to skip the 6 a.m. breakfast of Indonesian fried rice served to divers on the ship searching for wreckage of the Sriwijaya Air passenger jet that crashed in the Java Sea on Jan. 9. He prefers coffee, …
Mon, 25 Jan 2021 06:00:25 +0000
United Airlines may make the COVID-19 vaccine mandatory for employees, and other companies should do the same, United Chief Executive Officer Scott Kirby told workers at a meeting on Thursday, according to a transcript reviewed by Reuters. A United spo...
Mon, 25 Jan 2021 06:00:11 +0000
German car manufacturer Volkswagen is in talks with its main suppliers about possible claims for damages due to a shortage of semiconductors, a company spokesman said on Sunday. Automakers around the world are shutting assembly lines due to problems in …
Mon, 25 Jan 2021 06:00:09 +0000
Brazilian miner Vale SA and state authorities narrowed their gap in a potential settlement deal over the Brumadinho mining disaster to 11 billion reais ($2 billion) before talks fell apart, a person close to the negotiations told Reuters on Friday. …
Mon, 25 Jan 2021 05:21:01 +0000
The Tennessee Department of Commerce & Insurance (TDCI) has announced multiple senior leadership role additions and staffing updates from Commissioner Carter Lawrence. Jennifer Peck has assumed the role of chief of staff and chief operating officer, wh...
Fri, 22 Jan 2021 22:38:15 +0000
Jose Zepeda, 45, of Fresno, Calif., self-surrendered this week on multiple felony counts of insurance fraud and attempted perjury after filing a workers’ compensation insurance claim and allegedly misleading the insurance carrier regarding his employme...