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News Archives - Insurance Journal
Study Finds Climate Change Could Hit U.S. Corn Belt Hard
Climate change could hit the U.S. Corn Belt especially hard, a study from Emory University finds. Without “major technological advances in agricultural practices,” the U.S. Corn Belt will be unsuitable for cultivating corn by 2100, moderate projections show. The study …
POSTED MAY 26, 2022 9:04 PM |
Two More Louisiana Defendants Sentenced in Operation Sideswipe
United States Attorney Duane A. Evans announced on May 25, 2022 that Doniesha Gibson (Gibson) age 31, of New Orleans, Louisiana and Erica Lee Thompson (Erica Lee), age 47, of Harvey, Louisiana, were sentenced for Conspiracy to Commit Wire Fraud, …
POSTED MAY 26, 2022 4:45 PM |
Iowa Lawmakers Approve Deer Hunting With Semi-Automatic Rifles
Deer hunters would be able to use semi-automatic rifles during a newly created antlerless season in January under a bill approved by lawmakers Tuesday and sent to the governor. The measure given final approval by the House is designed to …
POSTED MAY 26, 2022 4:24 PM |
Class Action Accuses 3 Automakers, Parts Maker of Selling Risky Air Bag Inflators
A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding. Two deaths and at least four injuries have been linked to such explosions. The …
POSTED MAY 26, 2022 4:19 PM |
Indiana Investigating Slag Pit Explosion
The state of Indiana is investigating a slag pit explosion at a northwestern Indiana steel mill, it said Tuesday. The explosion Sunday in a raw materials section of the sprawling Cleveland-Cliffs Indiana Harbor West mill on the Lake Michigan shoreline …
POSTED MAY 26, 2022 4:18 PM |
Woman Suing Browns Quarterback Watson: New Contract “A Big Screw You”
One of the women accusing Cleveland Browns quarterback Deshaun Watson of sexual misconduct while she gave him a massage said she felt threatened by a comment he made following a therapy session. Appearing on HBO’s “Real Sports with Bryant Gumbel,” …
POSTED MAY 26, 2022 4:09 PM |
Inszone Acquires Texas’ Caleb Insurance and Financial Services
Inszone Insurance Services, a full-service insurance brokerage firm which provides a broad array of property & casualty insurance, along with employee benefits solution, acquired Caleb Insurance and Financial Services, Inc. Founded by Thomas B. Polvogt, III, Caleb Insurance and Financial …
POSTED MAY 26, 2022 4:05 PM |
Twitter Will Pay $150M to Settle With U.S. Over Data Privacy Violations
Twitter Inc. has agreed to pay $150 million to settle allegations it misused private information, like phone numbers, to target advertising after telling users the information would be used for security reasons, according to court documents filed on Wednesday. Twitter’s …
POSTED MAY 26, 2022 3:47 PM |
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion
Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry turned in a $3.8 billion underwriting loss in 2021. The P/C industry posted a $5.2 billion underwriting gain in 2020 …
POSTED MAY 26, 2022 2:45 PM |
Attorney Paying Former Las Vegas Mogul Steve Wynn Defamation Claim
Former Las Vegas casino mogul Steve Wynn has accepted an undisclosed financial settlement to end his federal defamation lawsuit against a well-known attorney who represented a dancer who she said accused Wynn of sexual harassment and retaliation. Los Angeles attorney …
POSTED MAY 26, 2022 2:06 PM |
West News Archives - Insurance Journal
Attorney Paying Former Las Vegas Mogul Steve Wynn Defamation Claim
Former Las Vegas casino mogul Steve Wynn has accepted an undisclosed financial settlement to end his federal defamation lawsuit against a well-known attorney who represented a dancer who she said accused Wynn of sexual harassment and retaliation. Los Angeles attorney …
POSTED MAY 26, 2022 2:06 PM |
Report: California Workers’ Comp Written Premium for 2021 Down 2%
California written premium for 2021 was 2% below 2020 and 14% below 2019, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California issued released its quarterly experience report, an update on California statewide insurer experience valued as …
POSTED MAY 26, 2022 5:00 AM |
UCLA to Pay Nearly $700M in Doctor Abuse Lawsuits
The University of California system announced Tuesday it will pay nearly $375 million to more than 300 women who said they were sexually abused by a UCLA gynecologist, bringing a record amount in total payouts by a public university in …
POSTED MAY 26, 2022 5:00 AM |
California Moves Toward Allowing Lawsuits Over Illegal Guns
Spurred by Tuesday’s deadly elementary school shooting in Texas, California senators approved giving people the power to sue those who traffic in illegal firearms, mimicking a Texas law that is intended to deter abortions. Democratic Gov. Gavin Newsom sought the …
POSTED MAY 25, 2022 11:05 PM |
Rain and Snow Slow New Mexico Wildfire, But Hot, Dry Weather Looms
The largest wildfire in North America slowed to a near standstill in northern New Mexico Tuesday amid light rain and a bit of snow in the mountains as nearly 3,000 firefighters scrambled to get ahead of a worsening fire forecast …
POSTED MAY 25, 2022 2:34 PM |
Bill Would Enable California Parents to Sue for Social Media Addiction
California could soon hold social media companies responsible for harming children who have become addicted to their products, permitting parents to sue platforms like Instagram and TikTok for up to $25,000 per violation under a bill that passed the state …
POSTED MAY 25, 2022 2:31 PM |
Arthur J. Gallagher Acquires Frederickson Partners in California
Arthur J. Gallagher & Co. acquired Menlo Park, California-based Valerie Frederickson & Company Inc., dba Frederickson Partners. Founder Valerie Frederickson and her team will continue to operate under the direction of Scott Hamilton, global managing director, human resources & compensation …
POSTED MAY 25, 2022 5:00 AM |
Tesla Blocked From Shunting California Sex Harassment Suit into Arbitration
Tesla Inc. must keep defending itself in open court against claims that female employees face “rampant sexual harassment” in its largest California factory, a California judge ruled, spurning the company’s request for closed-door arbitration. Alameda County Superior Court Judge Stephen …
POSTED MAY 25, 2022 5:00 AM |
Drought Will Impact Pacific Northwest This Summer, Experts Warn
Drought is expected to impact much of the Pacific Northwest this summer, including areas in eastern Washington, southern Oregon and southern Idaho, according to climatology and water officials. A recent map from the U.S. Drought Monitor shows that about 54% …
POSTED MAY 24, 2022 2:19 PM |
Takeaways from Our Conversation on Cannabis Lounges
Anytime a cannabis lounge opens in some U.S. city it tends to garner a lot of media attention, and the headlines have been buzzing lately with lounge news. In California, Woody Harrelson recently opened a lounge in West Hollywood, and …
POSTED MAY 24, 2022 5:00 AM |
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