November 18, 2019
Coming Soon!
Mon, 18 Nov 2019 23:49:54 +0000
A West Virginia judge is looking to the state Supreme Court for guidance after dismissing a case that alleges a Catholic diocese and its former bishop knowingly employed pedophiles. Wood County Circuit Court Judge J.D. Beane on Nov. 6 tossed …
Mon, 18 Nov 2019 23:37:14 +0000
Federal safety officials say that 393 people died in U.S. civilian plane crashes last year, a 15% increase over the year before. All but a dozen of the deaths occurred in general aviation, which usually involves small private planes. However, …
Mon, 18 Nov 2019 17:20:14 +0000
A federal agency upheld its decision to deny financial assistance to Illinois residents and business owners affected by historic flooding despite granting the state public aid. The Federal Emergency Management Agency’s decision will impact about 1.4 mi...
Mon, 18 Nov 2019 17:18:18 +0000
A St. Louis County police officer has agreed to mediation to reach a settlement and avoid court appeals, weeks after a jury awarded him $20 million to resolve his lawsuit alleging he suffered discrimination because he is gay. The St. …
Mon, 18 Nov 2019 17:16:13 +0000
Portage, Michigan-based managing general agency and surplus lines broker, J.M. Wilson, has added Jim Walsh as a marine underwriter. He will be responsible for working with marine carriers and agents for both commercial and personal ocean marine and wet...
Mon, 18 Nov 2019 17:07:51 +0000
The Oklahoma Court of Civil Appeals has upheld the class action designation of a lawsuit against an oil company over damage caused by earthquakes near Prague in November 2011, including one of magnitude 5.7. The court on Friday rejected the …
Mon, 18 Nov 2019 16:43:12 +0000
Seasonal fire restrictions are being extended in 11 Utah counties by a month due to what officials say are dry conditions and continued problems with controlling wildfires. The state Department of Natural Resources says State Forester Brian Cottam has ...
Mon, 18 Nov 2019 16:26:19 +0000
New Mexico’s top insurance regulator is stepping down. The Albuquerque Journal reported that state Superintendent John Franchini has withdrawn his application to serve a third four-year term and instead plans to retire. His term ends Dec. 31. A nine-me...
Mon, 18 Nov 2019 16:12:52 +0000
AM Best has assigned a financial strength rating of A- (excellent) and a long-term issuer credit rating of “a-” to Synergy Insurance Company based in Charlotte, N.C. The outlook assigned to these credit ratings is stable. The ratings reflect Synergy’s …
Mon, 18 Nov 2019 16:05:17 +0000
The insurers behind California’s Fair Plan, the insurance market of last resort for homeowners, think it’s a bad idea to broaden the coverages available from the Fair Plan beyond basic dwelling fire insurance, an expansion being ordered by the state’s …
Mon, 18 Nov 2019 15:59:48 +0000
PG&E Corp. is warning a quarter-million homes and businesses could lose power in northern California starting Wednesday as high winds return to the region. A fire weather watch has been issued by the National Weather Service for parts of northern …
Mon, 18 Nov 2019 15:38:51 +0000
What happens behind the scenes when employees are accused of harassment? New research from Michigan State University revealed that almost half of accused harassers can go back to work when disputes are settled by arbitrators – or third-parties who re...
Mon, 18 Nov 2019 14:58:20 +0000
An Atlantic City, N.J., man was sentenced to 150 months in prison for selling more than 200 grams of crystal methamphetamine and for staging a fake robbery of a Union County, N.J., pawnshop for the purpose of perpetrating an insurance …
Mon, 18 Nov 2019 14:54:30 +0000
Another $180 million in state funds are going to help with disaster recovery following hurricanes Matthew, Florence and Dorian and to prepare for North Carolina’s next storm. The state House and Senate voted on Thursday for a negotiated package that …
Mon, 18 Nov 2019 14:47:35 +0000
Authorities say a huge fire has destroyed two large yachts in South Florida, sending flames skyward and leaving millions of dollars in losses. No injuries were reported in Saturday’s pre-dawn fire. Fort Lauderdale Battalion Chief Stephen Gollan told ne...
Mon, 18 Nov 2019 14:44:54 +0000
Car crashes in the first three states to legalize recreational marijuana have soared as law enforcement and regulators struggle to define driving high, let alone determine how to fight it. Colorado, Oregon, and Washington saw a combined 5.2% increase in …
Mon, 18 Nov 2019 14:38:23 +0000
Three people were convicted of manslaughter Friday in the 2015 East Village building explosion that killed two men. They also were found guilty in Manhattan state Supreme Court of assault charges for injuries to 13 people in the massive blast …
Mon, 18 Nov 2019 14:34:04 +0000
Arthur J. Gallagher & Co. announced its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions Inc., has completed its purchase of Bermuda-based Horseshoe Insurance Services Holdings Ltd. Financial terms of the deal, which was...
Mon, 18 Nov 2019 14:32:43 +0000
A New Hampshire woman has pleaded guilty to sending 12 letters demanding nearly $400,000 in compensation from restaurants and food companies after producing fake medical records saying she became seriously ill after eating their food. Forty-nine-year-o...
Mon, 18 Nov 2019 14:23:02 +0000
Walmart has agreed to change its national policy for reassigning disabled workers to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission in Maine. The settlement requires Walmart to offer disabled workers a vacant position in u...
Mon, 18 Nov 2019 14:14:41 +0000
Microsoft Corp. has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed by an Israeli startup it funded complies with its ethics principles, the company said on Friday. AnyVision, bas...
Mon, 18 Nov 2019 14:02:02 +0000
Silicon Valley data analytics company Palantir Technologies Inc. has established a joint venture with Japanese insurance holding company Sompo Holdings Inc. that will initially focus on health and cybersecurity clients, Palantir said. The joint venture...
Mon, 18 Nov 2019 14:00:33 +0000
An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products, according to a report published by Aon. Aon’s report finds that following a decline in M&A activity after the 20...
Mon, 18 Nov 2019 13:27:18 +0000
Chronic smokers who switched from tobacco cigarettes to e-cigarette vapes in a large randomized control trial saw a significant improvement in markers of heart health after just a month, researchers said on Friday. In study results likely to be closely …
Mon, 18 Nov 2019 12:47:10 +0000
Aviva Plc, the U.K. insurer that’s overhauling some businesses as part of its chief executive officer’s turnaround plan, is to retain its Chinese joint venture as well as assets in its biggest market, Singapore. The firm will continue to explore …
Mon, 18 Nov 2019 06:00:56 +0000
The estate of Jeffrey Epstein wants to set up a fund using the late financier’s fortune to compensate women willing to forgo a spate of lawsuits seeking damages for sexual abuse, according to a court document filed on Thursday. In …
Mon, 18 Nov 2019 06:00:18 +0000
The U.S. Supreme Court on Friday agreed to hear Google’s bid to escape Oracle Corp.’s multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that runs most of the world’s smartphones. Google...
Mon, 18 Nov 2019 05:42:47 +0000
On June 28, 2019, Florida Governor Ron DeSantis signed House Bill 301 into law and, in doing so, loosened regulatory restrictions and allowed insurers and their agents to utilize innovative technologies to reduce perils to insureds and the costs to …
Mon, 18 Nov 2019 05:33:52 +0000
The Hanover Insurance Group has launched Hanover Financial Institutions Advantage, a new offering that provides small to mid-sized asset managers and depository institutions with coordinated property, casualty, management and professional liability cov...
Sun, 17 Nov 2019 20:21:49 +0000
An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketing of painkillers, down from his original award of $572 million. The decision by Cleveland County District …