News Center
News – Insurance Journal
Judge Dismisses Washington Wrongful Death Suit in Shooting
A judge has dismissed a wrongful death lawsuit brought against Pierce County, Wash., by the family of sheriff’s deputy Daniel McCartney, who was fatally shot while responding to a call. McCartney, 34, was shot Jan. 7, 2018 while responding to …
POSTED APRIL 14, 2021 2:12 PM |
Final Settlements Inked in Delaware Poultry Plant Pollution Lawsuits
A Delaware judge on Monday gave final approval to a $65 million settlement in a class-action lawsuit involving thousands of residents of a southern Delaware community affected by groundwater contamination from a local poultry processing facility. Approval of the settlement …
POSTED APRIL 14, 2021 2:07 PM |
Chubb CEO Greenberg Reiterates Call for Litigation Reform
Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to address what he said is a “systemic” worsening of the legal environment and its harmful impact on the insurance industry. …
POSTED APRIL 14, 2021 1:18 PM |
Court Orders Chubb Subsidiary to Pay for Merchandise Lost in Warehouse Bankruptcy
Chubb’s Federal Insurance Co. must pay more than $2 million to a fabric company that lost 22 trailer loads of merchandise when the Mississippi warehouse company that stored it, filed for bankruptcy, sold the goods and pocketed the proceeds. A …
POSTED APRIL 14, 2021 12:49 PM |
Insuring Cyber Podcast: What the ‘New Normal’ Means for Cyber Insurers, Coverage
More than a year has passed since pandemic-related government restrictions began, causing many businesses around the world to shift their workforce to remote. With increased reliance on technology, new work environments and greater use of at-home devices and networks in …
POSTED APRIL 14, 2021 12:00 PM |
Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers)
Xenia Broking Group, the London-based credit insurance and surety specialist, announced it has entered into an agreement to acquire Credit Insurance Alliance (Brokers) Ltd. (CIA). An independent trade credit insurance broker based in the West Midlands, England, CIA specializes in …
POSTED APRIL 14, 2021 11:42 AM |
EU Antitrust Regulators Extend Deadline to July 27 for Decision on Aon-Willis Deal
BRUSSELS – European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon’s $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on Wednesday. Aon, which announced the deal a year …
POSTED APRIL 14, 2021 11:01 AM |
Russia Vulnerable to Climate Change, Causing Expensive Natural Disasters
The residents of Irkutsk, one of Russia’s coldest regions, are used to harsh winters. But when the temperature dropped to negative 60 degrees Celsius (-76 Fahrenheit) last January, even they had to submit to the elements. “Please stay at home …
POSTED APRIL 14, 2021 7:39 AM |
NAIC Data: Florida Property Lawsuits Total 76% of Insurer Litigation in U.S.
New information from Florida’s insurance regulator paints a stark picture of the extent of litigation facing the state’s domestic insurers. The information comes as numerous stakeholders push for legislative reforms to address the litigation issue they blame for fueling the …
POSTED APRIL 14, 2021 7:17 AM |
7 European Countries Commit to Halt Export Finance for Fossil Fuel Projects
Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel projects, French Finance Minister Bruno Le Maire said on Tuesday. Coal, oil and gas infrastructure have traditionally made up a …
POSTED APRIL 14, 2021 6:49 AM |
West News – Insurance Journal
California Plans $536M for Wildfire Mitigation Before Fire Season
California will authorize $536 million for wildfire mitigation and forest management projects before the worst of the fire season strikes later this year, Gov. Gavin Newsom and legislative leaders said. That more than doubles $200 million in recent annual spending, …
POSTED APRIL 14, 2021 2:15 PM |
Judge Dismisses Washington Wrongful Death Suit in Shooting
A judge has dismissed a wrongful death lawsuit brought against Pierce County, Wash., by the family of sheriff’s deputy Daniel McCartney, who was fatally shot while responding to a call. McCartney, 34, was shot Jan. 7, 2018 while responding to …
POSTED APRIL 14, 2021 2:12 PM |
Hub Acquires Assets of Wyoming Financial Insurance
Hub International Ltd. has acquired the assets of Wyoming Financial Insurance. Terms of the deal were not disclosed. Art Hansen, president of Wyoming Financial, Mike Kretzer, CFO, and Bob Moberly, CEO, will not be joining HUB. The rest of the …
POSTED APRIL 14, 2021 5:00 AM |
Proposal Allowing ATVs On Alaska Roads Draws Safety Concerns
A proposal by Alaska Gov. Mike Dunleavy’s administration to allow off-road vehicles on Alaska roads has raised safety concerns and enforcement questions. Currently, state law only allows people to drive off-road vehicles across roads and not on roads. The proposed …
POSTED APRIL 13, 2021 7:51 PM |
Former Employee in Oregon City Intends to Sue Following Firing
A former Coquille city, Ore., employee has informed the city she plans to sue for whistleblower retaliation and a failure to provide due process during the course of her firing. Former city recorder Jennifer Rose filed a notice with the …
POSTED APRIL 13, 2021 2:49 PM |
MS Amlin Acquiring International Transportation Marine Office in Arizona
MS Amlin is acquiring managing general agency International Transportation and Marine Office and its associated subsidiaries. Completion of the transaction is subject to customary closing conditions, including the receipt of regulatory approvals. Terms were not disclosed. The primary subsidiary, International …
POSTED APRIL 13, 2021 5:00 AM |
Church Official Warns of Financial Flood from Clergy Sex Abuse Claims
A top official with the Archdiocese of Santa Fe says a financial flood from clergy sex abuse claims is coming and a settlement would serve as the dam to prevent devastation to parishes across northern New Mexico. A letter from …
POSTED APRIL 12, 2021 8:24 PM |
La Niña Is Fading But California, Gulf Coast Still Face Risks
La Niña, the cooling of the equatorial Pacific that shifts weather patterns the world over, is fading away. But California may still be prone to dryness, and the U.S. Gulf Coast faces the risk of another busy hurricane season. Water …
POSTED APRIL 12, 2021 8:23 PM |
Unlicensed California Agent Sentenced After Stealing $450K in Premiums
Ai Ling Lee, 61, an unlicensed insurance agent living Hacienda Heights, was convicted of nine felony counts of grand theft after reportedly stealing nearly half-a-million dollars of her small business clients’ insurance premium payments. An investigation by the California Department …
POSTED APRIL 12, 2021 8:15 PM |
$29.5M Award for Nevada Family in Allergic Reaction Case
A jury has awarded $29.5 million to the family of a woman who was left brain damaged after being treated for a severe allergic reaction by an ambulance service in Las Vegas in 2013. Then-27-year-old Chantel Giacalone went into anaphylactic …
POSTED APRIL 12, 2021 2:47 PM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Premier Group Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|