1 week 1 day ago
Homeowners’ insurance premiums in Georgia cost less than in other states. Neither affordability nor availability have been major concerns in a state with hundreds of licensed insurers. But things changed in 2023-2024 when Hurricanes Idalia, Helene, and Milton struck the …
Admin
1 week 1 day ago
It was just over a year ago when Nike Inc.’s then-CEO, John Donahoe, trumpeted a flashy 90-second video, hyping a report about the company’s efforts to improve diversity and equality. The report, he said in a LinkedIn post, is “a …
Admin
1 week 1 day ago
A jury in California awarded more than $3 million in damages to a former Orange County prosecutor who alleged the county’s district attorney targeted her and forced her out of her position after she tried to protect women in the …
1 week 3 days ago
Hub International Ltd. acquired the assets of Wycoff Insurance Agency Inc. in Mount Vernon, Washington. Wycoff Insurance will be referred to as Wycoff Insurance Agency, a Hub International company. Chris Eisses, president, Donnie Keltz, vice president, secretary and treasurer, and …
1 week 3 days ago
Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County Superior Court this week. They …
1 week 3 days ago
Texas lawmakers this year heavily focused their drug policy agenda on banning tetrahydrocannabinol, or THC, products in the state. Senate Bill 3, which prohibits the possession of consumable hemp products that contain any synthetic cannabinoid, often known as delta-8, was …
Admin
1 week 3 days ago
As severe storms once again soak, twist and pelt the nation’s midsection, a team of dozens of scientists is driving into them to study one of the nation’s costliest but least-appreciated weather dangers: Hail. Hail rarely kills, but it hammers …
Admin
1 week 3 days ago
Mattel Inc. and its Fisher-Price unit have settled lawsuits alleging their recalled Rock ‘n Play baby sleeper was so defectively designed that it led to the deaths of infants. The agreement, disclosed in a Delaware court filing last week, resolves …
Admin
1 week 3 days ago
On Jan. 5, 2025, at about 2:35 in the afternoon, the first severe hailstorm of the season dropped quarter-size hail in Chatham, Mississippi. According to the federal storm events database, there were no injuries, but it caused $10,000 in property …
Admin
1 week 3 days ago
R & G Endeavors, Inc., a fast-food franchisee doing business as Culver’s Restaurants of Cottage Grove, will pay $261,000 and furnish other relief to settle two cases brought by the U.S. Equal Employment Opportunity Commission (EEOC), one involving race, sex …
1 week 3 days ago
Need a bit more time to enter? Good news – the extended deadline to submit for Insurance Journal’s Top 100 Agencies and Top Agency Partnerships ranking is now June 10! We hope that you will consider entering your firm for …
1 week 3 days ago
A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While AESC didn’t specify what those problems are, South Carolina’s Republican governor said the …
Admin
1 week 3 days ago
Walmart Inc. is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster. The world’s largest retailer will start offering drone service at 100 stores across Charlotte, North Carolina; Tampa, …
Admin
1 week 3 days ago
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Midwest Insurance Company (Springfield, Illinois), West River Insurance Company (Sioux Falls, …
1 week 3 days ago
The U.S. Supreme Court made it easier on Thursday for people from majority backgrounds such as white or straight individuals to pursue claims alleging workplace “reverse” discrimination, reviving an Ohio woman’s lawsuit claiming she was illegally denied a promotion and …
Admin
1 week 3 days ago
Credit Suisse’s $440 million London lawsuit against Japan’s SoftBank Group Corp. kicked off on Thursday over losses linked to Greensill Capital, with the collapsed finance firm’s founder Lex Greensill expected to give evidence next week. The case, which centers on …
1 week 3 days ago
New Zealand Rugby agreed a sponsorship deal with Gallagher insurance that will give the US-based insurance brokerage naming rights on the playing kit of the All Blacks rugby team. Gallagher’s brand will appear on training and match-day shorts of the …
Admin
1 week 3 days ago
Significant cyber incidents have tripled in two years in Canada, driven by technological, socioeconomic and geopolitical factors such as the war in Ukraine, according to research from commercial insurer QBE. Disruptive, globally significant and successful cyberattacks have increased from 10 …
1 week 3 days ago
A group of seven Democratic senators on Thursday introduced sweeping air safety legislation after a fatal collision between an Army helicopter and an American Airlines regional jet in January near Reagan Washington National Airport killed 67 people. Lawmakers have questioned …
Admin
1 week 3 days ago
While images of wildfires capture their ferocity, data can provide insight into how bad a fire season is. Such is the case with two graphics, powered by satellite data, that showcase a Canadian wildfire season off to a wild — …
Admin