News Archives - Insurance Journal

/News Archives - Insurance Journal

About News Archives - Insurance Journal

This author has not yet filled in any details.
So far News Archives - Insurance Journal has created 4709 blog entries.
16 05, 2024

Patents for Sale? State Farm Reveals Website of Inventions

By | May 16th, 2024|Uncategorized|Comments Off on Patents for Sale? State Farm Reveals Website of Inventions

State Farm announced that it has launched a new website to showcase some of its patented technology, and making it available for licensing, purchase or collaboration opportunities. “State Farm is more than just an insurance company. With a focus on …

16 05, 2024

Lindberg Convicted in Second Trial on Attempting to Bribe NC Insurance Commissioner

By | May 16th, 2024|Uncategorized|Comments Off on Lindberg Convicted in Second Trial on Attempting to Bribe NC Insurance Commissioner

A federal jury on Wednesday convicted Greg Lindberg, who once controlled two life insurance companies, a reinsurance company and multiple other businesses, and his co-defendant John Gray, of attempting to bribe the North Carolina insurance commissioner in 2018. It was …

16 05, 2024

Popular SC Country Music Venue Shuts Down Due to Liquor Liability Insurance Costs

By | May 16th, 2024|Uncategorized|Comments Off on Popular SC Country Music Venue Shuts Down Due to Liquor Liability Insurance Costs

A popular country music venue in Greenville, South Carolina, has closed its doors after almost 30 years, citing the cost of liquor liability insurance in the state. The Post and Courier newspaper and other news outlets reported Wednesday that the …

16 05, 2024

Fed’s Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures

By | May 16th, 2024|Uncategorized|Comments Off on Fed’s Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures

Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again. Yet …

16 05, 2024

Georgia County Must Pay for Transgender Deputy’s Surgery, Appeals Court Says

By | May 16th, 2024|Uncategorized|Comments Off on Georgia County Must Pay for Transgender Deputy’s Surgery, Appeals Court Says

ATLANTA (AP) — A federal appeals court has upheld a lower court’s ruling that a Georgia county illegally discriminated against a sheriff’s deputy by failing to pay for her gender-affirming surgery. In its ruling Monday, the 11th U.S. Circuit Court …

16 05, 2024

Driver of Pickup Charged with DUI After Crash with Bus that Killed 8 Farmworkers

By | May 16th, 2024|Uncategorized|Comments Off on Driver of Pickup Charged with DUI After Crash with Bus that Killed 8 Farmworkers

OCALA, Fla. (AP) — The Florida Highway Patrol has arrested the driver of a pickup truck that crashed into a farmworker bus early Tuesday, killing eight, on charges of driving under the influence-manslaughter. Bryan Maclean Howard, 41, faces eight counts …

16 05, 2024

Ransomware Frequency Up 64% on Remote Access Tools, Says At-Bay

By | May 16th, 2024|Uncategorized|Comments Off on Ransomware Frequency Up 64% on Remote Access Tools, Says At-Bay

A 64% jump in ransomware claims in 2023 is driven by an explosion in “indirect” ransomware incidents, up over 415% in 2023, with remote access tools accounting for 58% of attacks. The year-over-year increases were seen among mid-market and emerging …

16 05, 2024

Swiss Re Names Gonzalez CEO of Corporate Solutions, Ojeisekhoba to Step Down

By | May 16th, 2024|Uncategorized|Comments Off on Swiss Re Names Gonzalez CEO of Corporate Solutions, Ojeisekhoba to Step Down

Swiss Re announced that Ivan Gonzalez, CEO Reinsurance China, has been appointed CEO of Corporate Solutions, succeeding Andreas Berger, who is moving into the role of group CEO, effective July 1, 2024. Gonzalez will join the Group Executive Committee at …

16 05, 2024

Colorado City Police Beating Lawsuit Settled for $2.1 Million

By | May 16th, 2024|Uncategorized|Comments Off on Colorado City Police Beating Lawsuit Settled for $2.1 Million

Colorado Springs leaders agreed Tuesday to pay $2.1 million to settle a federal lawsuit brought by a Black man who was punched and kicked by police during a traffic stop in 2022. City councilors voted to back the agreement to …

16 05, 2024

King Insurance Acquires Marcus Agency in Connecticut

By | May 16th, 2024|Uncategorized|Comments Off on King Insurance Acquires Marcus Agency in Connecticut

Florida-based King Insurance Partners announced it has acquired Marcus Insurance, an independent agency based in Wethersfield, Connecticut. The terms were not disclosed. Founded in 1941, Marcus Insurance is a family-run agency with Mitch Marcus as president, and Zach Marcus as …