October 28, 2021
Thu, 28 Oct 2021 08:52:54 +0000
Three teenagers accused of starting a fatal apartment building fire in Maine have been charged with felony murder, officials said. Two 13-year-olds and a 14-year-old were charged last month with arson, but those charges have been upgraded to felony mur...
Thu, 28 Oct 2021 08:50:27 +0000
Navistar Inc., an integrated manufacturer of trucks and diesel engines based in Lisle, Illinois, has agreed to mitigate at least 10,000 tons of oxides of nitrogen (NOx) emissions and pay a $52 million civil penalty in a consent decree to …
Thu, 28 Oct 2021 08:48:12 +0000
Victims of a crash on the Pennsylvania Turnpike that killed five people and hurt nearly all the dozens of passengers on a bus nearly two years ago claim in a lawsuit that one of the drivers was wearing noise-canceling headphones. …
Thu, 28 Oct 2021 07:00:43 +0000
A federal judge on Monday dismissed more of the unsettled lawsuits filed by men who say Ohio State University failed to stop sexual abuse decades ago by now-deceased team doctor Richard Strauss. U.S. District Court Judge Michael Watson’s latest rulings …
Thu, 28 Oct 2021 07:00:38 +0000
Frizzell Furniture, a furniture retailer with locations in northern Minnesota, has agreed to pay $60,000 and has committed to providing training and revising its policies to resolve a finding of gender identity discrimination, a form of sex discriminat...
Thu, 28 Oct 2021 06:15:05 +0000
Louisiana residents seeking disaster aid from Hurricane Ida now have until Nov. 29 to apply for assistance. The Federal Emergency Management announced that the deadline to register for individual assistance has been extended an extra two weeks from the...
Thu, 28 Oct 2021 05:07:18 +0000
Johnson, Kendall & Johnson, an insurance brokerage firm, has merged with Tennessee-based Witherspoon & Associates to offer expanded coverage for the marine and scuba industry, the company announced. The merger will extend programs for individual profes...
Thu, 28 Oct 2021 05:00:58 +0000
Lloyd’s of London said on Thursday it would join peers in scaling up efforts to cut carbon emissions and push members of the commercial insurance market to do the same, days before international climate talks get underway in Scotland. Lloyd’s …
Thu, 28 Oct 2021 05:00:53 +0000
A U.N.-backed body launched a scheme to verify corporates’ net zero strategies on Thursday that is likely to become a standard for regulators and investors to measure companies’ climate ambitions. With rising investor and societal pressure on companies...
Thu, 28 Oct 2021 05:00:48 +0000
Workers at the leading U.S. meatpacking plants experienced cases and death from COVID-19 that were up to three times previous estimates, according to a report by the House Select Subcommittee on the Coronavirus Crisis seen by Reuters. The U.S. House …
Thu, 28 Oct 2021 05:00:26 +0000
Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years. According to the 2021 LexisNexis Home Trends Report, the loss cost in 2020 also …
Thu, 28 Oct 2021 05:00:08 +0000
Unlicensed insurance agent Karyl Lynn Reed, 57, formerly of Cosa Mesa, Calif., was arraigned this week on multiple felony counts of grand theft, forgery, embezzlement, and aggravated white-collar crime after allegedly defrauding three victims of over $...
Wed, 27 Oct 2021 20:09:01 +0000
The California Labor Commissioner’s office cited NGC Construction Inc. $7.2 million for wage theft violations affecting 724 workers. An investigation reportedly showed that the Visalia-based drywall company paid workers a fixed amount per project known...
Wed, 27 Oct 2021 20:02:18 +0000
California’s Earthquake Brace + Bolt grant program is expanding, and it now includes 395 ZIP Codes where qualifying homeowners can get up to $3,000 to offset the cost of completing a seismic retrofit, the California Earthquake Authority announced. The ...
Wed, 27 Oct 2021 16:20:01 +0000
A severe storm generated thunderstorms and reports of tornados across southeastern Texas into Louisiana late morning Wednesday, Oct. 27. The National Weather Service put out severe thunderstorm and tornado warnings for much of the Houston-Galveston reg...
Wed, 27 Oct 2021 15:41:19 +0000
J.M. Wilson hires Hotrum as assistant brokerage underwriter J.M. Wilson has hired Amy Hotrum as assistant brokerage underwriter in their Portage, Michigan office. Hotrum is responsible for assisting underwriters with a wide variety of new and renewal b...
Wed, 27 Oct 2021 15:30:15 +0000
A recently published study from the Workers Compensation Research Institute found that the average medical payment for Indiana workers’ compensation claims with more than seven days of lost time was higher than the typical state. The study, CompScopeâ„...
Wed, 27 Oct 2021 15:05:34 +0000
Arthur J. Gallagher & Co. has acquired Homer Glen, Illinois-based The VanDyke Group, Inc. Terms of the transaction were not disclosed. Founded in 1984, The VanDyke Group offers employee benefits consulting and HR solutions, as well as commercial and pe...
Wed, 27 Oct 2021 14:53:25 +0000
Mississippi’s governor says residents in eight counties can now apply for federal help with Hurricane Ida expenses, and 19 counties can get public aid. Approval for help through the Federal Emergency Management Agency means “Mississippians will have ac...
Wed, 27 Oct 2021 14:32:01 +0000
Conflicts over water are as old as history itself, but the massive Google data centers on the edge of this Oregon town on the Columbia River represent an emerging 21st century concern. Now a critical part of modern computing, data …
Wed, 27 Oct 2021 14:29:32 +0000
A pair of earthquakes rattled California’s central coast late Monday afternoon, the U.S. Geological Survey confirmed. A magnitude 4.7 quake hit at 4:42 p.m., centered about 11 miles northwest of San Simeon, according to. At 4:49 p.m., a 3.6 magnitude …
Wed, 27 Oct 2021 14:28:56 +0000
Jacksonville-based We Insure Inc., an insurance franchise company, announced a new operation in Lecanto, Florida, north of Tampa. We Insure Citrus agency, owned by Kevin and Karen Cunningham, will specialize in residential, automobile and commercial li...
Wed, 27 Oct 2021 14:17:36 +0000
Global insurer Chubb’s third quarter net income soared more than 58 percent year-over-year, as premium gains continued their double-digit climb. The insurer’s Q3 net income reached $1.83 billion during the quarter, or $4.18 per share. That compares to ...
Wed, 27 Oct 2021 14:07:43 +0000
For three years, undercover investigators watched as construction company owners in South Carolina met with a check-cashing company in parking lots, then walk away with bags of cash and fake insurance certificates, showing laborers were covered by work...
Wed, 27 Oct 2021 13:43:46 +0000
Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Corrigan Johnston Risk Advisors, an all-lines brokerage focused on transportation-related industries. Terms of the deal were not announced. Headquartered in Ba...
Wed, 27 Oct 2021 13:43:23 +0000
NFP, a New York City-based insurance broker and consultant, has acquired UK-based KGJ Insurance Services Group Ltd. KGJ is a commercial insurance broker with specialization in combined risks for complex and non-standard programs. KGJ provides exclusive...
Wed, 27 Oct 2021 13:36:26 +0000
Connecticut Governor Ned Lamont has submitted a request for a major disaster declaration to the Biden administration, seeking federal funds to help Connecticut recover from damage caused by the remnants of Hurricane Ida. The September 1 storm dumped as...
Wed, 27 Oct 2021 13:34:23 +0000
A former spokesperson for Liberty University is suing the evangelical Virginia school after being fired, alleging in a lawsuit that his termination came in retaliation for voicing concerns that sexual misconduct accusations were mishandled. Scott Lamb,...
Wed, 27 Oct 2021 13:30:18 +0000
London-based Aston Lark reported it has acquired Bainbridge Collins Ltd., a Midlands independent insurance brokerage focused on the mid corporate sector. Led by Cyril Gallagher, Bainbridge Collins was established more than 30 years ago in Birmingham. I...
Wed, 27 Oct 2021 13:08:25 +0000
While global investment in insurtechs continues to rise, not all insurtechs are benefitting. Rather, much of the funding is focused on a relatively few startups. For example, in the second quarter, more than two-thirds of the total capital raised went …