News Archives - Insurance Journal

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28 04, 2023

$1.6B Trial Starts Against Utility Over Fatal 2020 Oregon Wildfires

By | April 28th, 2023|Uncategorized|Comments Off on $1.6B Trial Starts Against Utility Over Fatal 2020 Oregon Wildfires

PORTLAND, Ore. (AP) – A trial connected to a $1.6 billion class action lawsuit against utility PacifiCorp over the catastrophic Labor Day 2020 wildfires in Oregon started Tuesday in Portland. The fires in 2020 killed nine people, burned more than …

28 04, 2023

Feds: Ohio Man Tried to Firebomb Ohio Church to Stop Drag Show

By | April 28th, 2023|Uncategorized|Comments Off on Feds: Ohio Man Tried to Firebomb Ohio Church to Stop Drag Show

CLEVELAND (AP) – An eastern Ohio man told investigators that he tried to burn down an Ohio church because he wanted to prevent a drag show that was scheduled to take place there, federal prosecutors allege in newly unsealed charges. …

28 04, 2023

Lawsuit Seeks to Recover $3M Invested in Louisiana Hurricane-Damage Lawsuits

By | April 28th, 2023|Uncategorized|Comments Off on Lawsuit Seeks to Recover $3M Invested in Louisiana Hurricane-Damage Lawsuits

A restoration contractor that helped finance an effort by McClenny Moseley & Associates to file thousands of hurricane-damage claims in Louisiana wants its $3 million investment back. Access Restoration Services US filed a lawsuit in a Texas state court in …

1 05, 2023

Maine asks railroad to fix roads, culverts after derailment

By | May 1st, 2023|Uncategorized|Comments Off on Maine asks railroad to fix roads, culverts after derailment

Maine environmental regulators have asked a railroad cleaning up a freight train derailment site to repair forest management roads and culverts damaged by heavy equipment and that led to the discharge of sediment into area waters. State Department of Environmental …

12 04, 2023

TWIA Board to Meet April 18 to Discuss Action on 2023 Reinsurance

By | April 12th, 2023|Uncategorized|Comments Off on TWIA Board to Meet April 18 to Discuss Action on 2023 Reinsurance

The Texas Windstorm Insurance Associated Board of Directors will meet Tuesday, April 18 to discuss taking possible action on the TWIA’s reinsurance purchase for the 2023 storm season. TWIA’s reinsurance broker, Gallagher Re, will present information to the Board on …

13 04, 2023

California Landscapers Arraigned in Workers’ Comp Premium Fraud Scheme

By | April 13th, 2023|Uncategorized|Comments Off on California Landscapers Arraigned in Workers’ Comp Premium Fraud Scheme

Five defendants were arraigned this week on multiple felony counts of insurance fraud after a California Department of Insurance investigation found a landscaping company some of the defendants owned allegedly underreported wages to their insurer to reduce their workers’ comp …

13 04, 2023

Three Alaska Native Tribes Suing to Block Major Gold Mine Project

By | April 13th, 2023|Uncategorized|Comments Off on Three Alaska Native Tribes Suing to Block Major Gold Mine Project

Three Alaska Native tribes have sued to block what they say would be one of the largest gold mines in the world, arguing that federal agencies failed to properly analyze health and environmental concerns for the project in southwest Alaska. …

13 04, 2023

Pipeline Involved in California Spill That Caused Numerous Lawsuits Restarting

By | April 13th, 2023|Uncategorized|Comments Off on Pipeline Involved in California Spill That Caused Numerous Lawsuits Restarting

An offshore pipeline involved in a 2021 oil spill that fouled Southern California beaches is being put back in service, the operator said. Amplify Energy Corp. said that it received approval from federal regulatory agencies to restart operations and last …

13 04, 2023

Latest E-Bike Fire in New York City Kills 2 Children

By | April 13th, 2023|Uncategorized|Comments Off on Latest E-Bike Fire in New York City Kills 2 Children

An electric bicycle powered by a lithium ion battery is being blamed for a fatal fire on Monday in New York City that killed two children, marking the latest in a string of e-bike-related fires in the city. FDNY Chief …

13 04, 2023

Markets/Coverages: Apollo Forms ICX Consortium to Drive Insurance Industry Innovation

By | April 13th, 2023|Uncategorized|Comments Off on Markets/Coverages: Apollo Forms ICX Consortium to Drive Insurance Industry Innovation

Apollo, the London-based independent specialist re/insurer, announced its new ICX Consortium through its “Apollo ibott 1971” division, which provides data-driven embedded insurance solutions for the fast-growing digital economy. Apollo plans to deploy meaningful lead capacity through the consortium which will …