News Archives - Insurance Journal

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14 11, 2023

Viewpoint: Proposed Flood Zone Expansion Would Increase Need for Private Insurance

By | November 14th, 2023|Uncategorized|Comments Off on Viewpoint: Proposed Flood Zone Expansion Would Increase Need for Private Insurance

A federal advisory panel’s proposal that the U.S. government expand the areas considered to be at high risk of flooding could increase the number of homeowners required to buy flood insurance. While this would increase the amount of insured flood …

14 11, 2023

American Coastal, Once Affiliated with UPC, Has Buyer for Interboro in NY

By | November 14th, 2023|Uncategorized|Comments Off on American Coastal, Once Affiliated with UPC, Has Buyer for Interboro in NY

American Coastal Insurance Corp., formerly affiliated with Florida-based United Property & Casualty Insurance, announced it has a cash buyer for Interboro Insurance Co. in New York. According to the agreement, the unnamed buyer will acquire 100% of the issued and …

14 11, 2023

Small Plane Overshoots Runway in Texas, Collides with Car During Emergency Landing

By | November 14th, 2023|Uncategorized|Comments Off on Small Plane Overshoots Runway in Texas, Collides with Car During Emergency Landing

MCKINNEY, Texas (AP) – A small plane overshot the runway while landing at a Texas airport over the weekend and struck a car driving along a nearby road, injuring one person, authorities said. Video shows the propeller plane smash through …

14 11, 2023

5.3 Magnitude Earthquake Strikes Remote Area of West Texas, Felt Hundreds of Miles Away

By | November 14th, 2023|Uncategorized|Comments Off on 5.3 Magnitude Earthquake Strikes Remote Area of West Texas, Felt Hundreds of Miles Away

MENTONE, Texas (AP) – An earthquake struck a sparsely populated and remote area of West Texas last Wednesday, the U.S. Geological Survey reported, and the temblor could be felt hundreds of miles away. The USGS reports the 5.3 magnitude quake …

14 11, 2023

Hotchkiss Insurance Acquires Texas’ InCore Group

By | November 14th, 2023|Uncategorized|Comments Off on Hotchkiss Insurance Acquires Texas’ InCore Group

Hotchkiss Insurance has acquired InCore Group, an independent insurance consulting agency serving Texas, Oklahoma, and New Mexico. This move expands Hotchkiss’ footprint for commercial insurance and employee benefits into West Texas and surrounding states. Lubbock, Texas-based InCore Group is known …

14 11, 2023

1.2 Million Chickens Will be Slaughter At Iowa Egg Farm Where Bird Flu Was Found

By | November 14th, 2023|Uncategorized|Comments Off on 1.2 Million Chickens Will be Slaughter At Iowa Egg Farm Where Bird Flu Was Found

An additional 1.2 million chickens will be slaughtered to prevent the spread of the bird flu after the virus was confirmed on an Iowa egg farm in the second massive case this week. The Iowa Department of Agriculture and Land …

14 11, 2023

File Transfer Data Breach Affected 1.3M People, Maine Reports

By | November 14th, 2023|Uncategorized|Comments Off on File Transfer Data Breach Affected 1.3M People, Maine Reports

The state of Maine has begun notifying people whose personal information was included in a data breach impacting as many as 1.3 million individuals, state officials announced Thursday. The notifications began after the state completed an assessment once they discovered …

14 11, 2023

Fraternity and Bar Sued Over 2021 Death of University of New Hampshire Student

By | November 14th, 2023|Uncategorized|Comments Off on Fraternity and Bar Sued Over 2021 Death of University of New Hampshire Student

liquor liabilityThe mother of a University of New Hampshire student who died in an icy swamp two years ago filed a wrongful death lawsuit Thursday against the Durham bar and fraternity her son visited that night. Vincenzo Lirosi, 22, was …

14 11, 2023

Judge Upholds $24M Award in Discrimination Suit by Employee With Social Anxiety Disorder

By | November 14th, 2023|Uncategorized|Comments Off on Judge Upholds $24M Award in Discrimination Suit by Employee With Social Anxiety Disorder

A federal district court judge in Massachusetts has upheld a $24 million jury award for a woman who sued her employer for retaliation and discrimination because of her social anxiety disorder. The employer, PPD Development, has criticized the outcome handed …

14 11, 2023

Washington Commissioner Issues $607K on Fines for Violations

By | November 14th, 2023|Uncategorized|Comments Off on Washington Commissioner Issues $607K on Fines for Violations

Washington Insurance Commissioner Mike Kreidler issued fines in October totaling $607,613.35 against insurance companies and insurance producers that reportedly violated state insurance laws and regulations. Following are the alleged violators and a breakdown of their reported fines: Insurance companies AIG …