June 27, 2022
Tue, 28 Jun 2022 06:02:46 +0000
UK home insurer Policy Expert’s owner is considering a potential sale that could raise as much as £1 billion ($1.2 billion), people with knowledge of the matter said. Investment firm Primary Group Ltd. is working with advisory firm Perella Weinberg …
Tue, 28 Jun 2022 05:19:03 +0000
A federal judge in California on Monday ordered a new trial on the damages Tesla Inc. owes to a Black former factory worker who accused the company of race discrimination, after he turned down a $15 million award. U.S. District …
Tue, 28 Jun 2022 05:01:01 +0000
Florida Gov. Ron DeSantis has appointed three insurance defense attorneys to the state’s workers’ compensation bench. Jill Jacobs has worked as deputy city attorney for Palm Beach for the last seven years, handling many workers’ compensation claims fro...
Tue, 28 Jun 2022 05:00:54 +0000
The National Transportation Safety Board said it is investigating a Central Texas plane crash that killed two people. Authorities say the small plane crashed near the airport in Kerrville at around 7 p.m. on Saturday. Kerrville is located about 65 …
Tue, 28 Jun 2022 05:00:34 +0000
Religious schools got what they wanted when the Supreme Court allowed them to participate in a state tuition program. But the state attorney general said the ruling will be for naught unless the schools are willing to abide by the …
Tue, 28 Jun 2022 05:00:33 +0000
Burlington, Iowa, has agreed to pay $5 million to settle a wrongful death lawsuit brought by the mother of a man who was shot to death by police nearly five years ago, the two sides said. The settlement comes nearly …
Tue, 28 Jun 2022 05:00:32 +0000
Alera Group acquired Compensation Works in Washington. The Compensation Works team will continue serving clients in their existing roles. Compensation Works is a national compensation company providing services that support business strategies and huma...
Tue, 28 Jun 2022 05:00:32 +0000
The California Department of Insurance is taking legal action against Go Maps Inc., and its insurance underwriter, Topa Insurance Co., after an investigation found the app-based insurance seller mishandled consumer claims for more than two dozen driver...
Tue, 28 Jun 2022 00:28:27 +0000
The U.S. Supreme Court on June 27 made it harder for prosecutors to win convictions of doctors accused of running “pill mills” and excessively prescribing opioids and other addictive drugs, by requiring the government to prove that defendants knew their …
Tue, 28 Jun 2022 00:02:51 +0000
Three people were killed when an Amtrak commuter train smashed into a car in Northern California, authorities said. The crash occurred at around 1 p.m. on Sunday in Brentwood, about an hour’s drive southeast of San Francisco, the California Highway …
Mon, 27 Jun 2022 23:59:35 +0000
A first-in-the-nation law that enables private citizens to sue manufacturers of “dangerous” firearms passed on Monday in the Assembly. The bill, backed by Gov. Newsom, returns to the Senate for consideration later in the week. Sen. Bob Hertzberg, D-Van...
Mon, 27 Jun 2022 16:02:21 +0000
CoreLogic Names Dodd CEO Patrick Dodd has been appointed president and chief executive officer of CoreLogic, the global property information, analytics and data company. Dodd was named interim chief executive officer in January 2022. Prior to assuming ...
Mon, 27 Jun 2022 15:59:27 +0000
A divided US Supreme Court ruled in favor of a high school football coach who lost his job for conducting post-game prayers on the 50-yard line in a decision that buttresses religious rights and reduces the authority of public-school officials …
Mon, 27 Jun 2022 15:15:18 +0000
The medical profession in New Hampshire is accusing the insurance industry of using “junk science” in justifying its denials of Covid-related business insurance claims. In an amicus brief in a case between a hotel chain and eight insurers, the New …
Mon, 27 Jun 2022 15:03:08 +0000
Florida-based Confianza Inc., which provides data analytics and machine learning to insurance agents, announced that it had closed its round of seed funding, with most of the capital coming from Sandbox Insurtech Ventures. The company, co-founded in 20...
Mon, 27 Jun 2022 14:35:34 +0000
The U.S. Supreme Court on Monday rejected another Bayer AG bid to dismiss litigation alleging that its Roundup weedkiller causes cancer as the German pharmaceutical and chemical giant tries to avoid potentially billions of dollars in damages. The justi...
Mon, 27 Jun 2022 14:20:47 +0000
Louisiana state leaders have broken ground for a $463 million project that will elevate 8.3 miles of La. 1, one of the state’s hurricane evacuation routes. The groundbreaking held Friday is for work that will be done between Golden Meadow …
Mon, 27 Jun 2022 14:18:41 +0000
The family of an unarmed Arkansas teenager fatally shot by a sheriff’s deputy during a traffic stop filed a federal lawsuit Thursday against the deputy and a county sheriff over the teen’s death. The family of Hunter Brittain filed the …
Mon, 27 Jun 2022 14:16:35 +0000
Gov. Doug Burgum is asking for some federal help in dealing with $57 million in public infrastructure damage caused by severe spring storms and flooding in North Dakota. Burgum has requested a presidential disaster declaration that would provide federa...
Mon, 27 Jun 2022 14:15:59 +0000
Five months ago, Citizens Property Insurance Corp. filed for a near-maximum-allowed rate increase for most of its policies, citing the need to continue depopulating the rapidly growing insurer of last resort. Last week, despite concerns that Citizens’ ...
Mon, 27 Jun 2022 14:12:38 +0000
Montana Gov. Greg Gianforte is making up to $5 million in grant funding from Montana’s bed tax fund available to businesses that have been impacted by destructive flooding in southern Montana. Gianforte’s office announced the grant funding, and said mo...
Mon, 27 Jun 2022 14:09:06 +0000
Heat waves and drought gripping California highlight the urgency to slash fossil fuel use and remove planet-warming emissions from the air, a top state official said during discussions of a new plan for the state to reach its climate goals. …
Mon, 27 Jun 2022 14:05:53 +0000
A jury awarded $21 million to the family of a pregnant teen who was shot and killed by undercover police officers in Northern California five years ago, attorneys said. Elena Mondragon was a passenger in a BMW pulling out of …
Mon, 27 Jun 2022 13:46:54 +0000
New York, Miami, Tampa, and New Orleans are the metro areas with the most single-family homes at risk of heavy damage from storm surge during hurricanes, according to a report released by CoreLogic, a property data analytics firm. Using housing …
Mon, 27 Jun 2022 13:13:27 +0000
For the first time ever, cyber insurance is facing a hard market. Since the product line’s inception about twenty years ago, carriers, brokers, and policyholders have reaped the benefits of soft market conditions. Policies were cheap, and they provided...
Mon, 27 Jun 2022 13:09:07 +0000
Britain’s six-year drive to increase the number of women in senior management at financial firms is “stagnating” for the first time, a review for the finance ministry said on Thursday. The ministry launched its voluntary Women in Finance Charter in …
Mon, 27 Jun 2022 12:38:47 +0000
Gallagher Re, the global reinsurance broker, announced it has launched a global practice focusing on public sector and climate resilience solutions, with responsibility for developing Gallagher Re’s core offering globally and driving profitability as w...
Mon, 27 Jun 2022 11:26:43 +0000
This edition of International People Moves details appointments at insurance broker Miller, Aon Reinsurance Solutions in Italy, and AXA XL. A summary of these new hires follows here. Miller Expands Into Media & Entertainment With Bramwell Hire Miller, ...
Mon, 27 Jun 2022 09:20:59 +0000
Over two-thirds of European asset managers and distributors are considering halting the launch or distribution of products that do not comply with environmental, social and governance (ESG) standards, a survey by PwC Luxembourg showed on Monday. Flows ...
Mon, 27 Jun 2022 08:55:30 +0000
Leonardo Del Vecchio, the Italian entrepreneur who started off with a tiny optics workshop in the Dolomite mountains and ended up as the undisputed world leader in eyewear, has died. He was 87. His death was confirmed on Monday by …