News Archives - Insurance Journal

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31 08, 2023

Appeals Court Dismisses 14 COVID Business Insurance Claims Against Travelers

By | August 31st, 2023|Uncategorized|Comments Off on Appeals Court Dismisses 14 COVID Business Insurance Claims Against Travelers

The Ninth Circuit Court of Appeals has dismissed lawsuits by 14 businesses seeking insurance coverage from Travelers Insurance for business losses stemming from COVID-19 and the related government shutdown orders. The federal appeals court affirmed the denial of the claims …

31 08, 2023

FDA Warns 3 Baby Formula Makers to Correct Manufacturing Process Controls

By | August 31st, 2023|Uncategorized|Comments Off on FDA Warns 3 Baby Formula Makers to Correct Manufacturing Process Controls

The U.S. Food and Drug Administration on Wednesday issued warnings to three infant formula makers to correct their manufacturing processes to better catch bacterial contamination, but added it does not expect any impact on the supply. The regulator issued warning …

31 08, 2023

Early Estimates Put Idalia’s Insured Losses at $9 Billion for Florida

By | August 31st, 2023|Uncategorized|Comments Off on Early Estimates Put Idalia’s Insured Losses at $9 Billion for Florida

Preliminary estimates of insured losses from Hurricane Idalia have already begun, with about $9 billion in losses predicted for Florida alone. The estimates are far lower than some in Florida had feared and well below the $60 billion in losses …

31 08, 2023

Data Call: Florida OIR Wants Idalia Claims Info Daily Through Sept. 6

By | August 31st, 2023|Uncategorized|Comments Off on Data Call: Florida OIR Wants Idalia Claims Info Daily Through Sept. 6

The Florida Office of Insurance Regulation is reminding property insurers that they must report Hurricane Idalia claims information daily, starting Friday. The data should be submitted by noon Eastern time, every day, including Saturday and Sunday, through Sept. 6, the …

31 08, 2023

University of Minnesota Faces Lawsuit Over Alleged Negligence in Data Breach Incident

By | August 31st, 2023|Uncategorized|Comments Off on University of Minnesota Faces Lawsuit Over Alleged Negligence in Data Breach Incident

MINNEAPOLIS (AP) – A lawsuit filed on behalf of a former student and former employee at the University of Minnesota accuses the university of not doing enough to protect personal information from a recent data breach. Attorneys for the two …

31 08, 2023

Unprecedented Wildfire Season Ravages Louisiana as Drought and Heat Persist

By | August 31st, 2023|Uncategorized|Comments Off on Unprecedented Wildfire Season Ravages Louisiana as Drought and Heat Persist

BATON ROUGE, La. (AP) – One of the largest wildfires in Louisiana history continues to burn through land and threaten rural communities, which are used to flooding and hurricanes this time of year rather than drought and blazes. Louisiana has …

31 08, 2023

People Moves: UFG Names Saylor Vice President of Surety

By | August 31st, 2023|Uncategorized|Comments Off on People Moves: UFG Names Saylor Vice President of Surety

UFG Insurance Names Saylor Vice President of Surety UFG Insurance, headquartered in Cedar Rapids, Iowa, named Kyanna Saylor vice president of surety. Saylor has been assistant vice president of surety marketing at UFG since 2019. She spent 15 years in …

31 08, 2023

Five More New Orleans Residents Charged for Conspiring to Stage Automobile Accidents

By | August 31st, 2023|Uncategorized|Comments Off on Five More New Orleans Residents Charged for Conspiring to Stage Automobile Accidents

Five more people have been charged with intentionally staging automobile accidents with tractor-trailers in New Orleans to defraud trucking and insurance companies in 2017. United States Attorney Duane A. Evans announced that Antonine Clark, age 33, of New Orleans, Louisiana; …

31 08, 2023

Texas Agency Alliance Adds Four New Independent Member Agencies

By | August 31st, 2023|Uncategorized|Comments Off on Texas Agency Alliance Adds Four New Independent Member Agencies

Texas Agency Alliance (TAA), an alliance of independent insurance agencies in the South-Central region of the state, announced the addition of four new independent member agencies. These new members bring TAA’s alliance to over 85 independent agencies. The new entrants …

31 08, 2023

Shooting That Wounded 2 at Chicago White Sox Game Likely Involved Gun fired Inside Stadium, Police Say

By | August 31st, 2023|Uncategorized|Comments Off on Shooting That Wounded 2 at Chicago White Sox Game Likely Involved Gun fired Inside Stadium, Police Say

CHICAGO (AP) – A shooting that wounded two women at last Friday night`s Chicago White Sox-Oakland Athletics game most likely involved a gun that went off inside Guaranteed Rate Field, Chicago`s interim police superintendent said. Officials have said little about …