News Archives - Insurance Journal

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14 03, 2023

Miami Homeowner Charged with Falsifying Insurance Claim on Patio Door Damage

By | March 14th, 2023|Uncategorized|Comments Off on Miami Homeowner Charged with Falsifying Insurance Claim on Patio Door Damage

Florida authorities have charged a Miami-area homeowner with fabricating and inflating damage estimates to his home in an attempt to defraud Tokio Marine Insurance Co. out of thousands of dollars. Trevor Lawrence Taylor, 50, was arrested this week and booked …

14 03, 2023

Few Attorneys Left at Troubled McClenny Moseley & Associates

By | March 14th, 2023|Uncategorized|Comments Off on Few Attorneys Left at Troubled McClenny Moseley & Associates

McClenny Moseley & Associates filed more than 2,000 hurricane-damage lawsuits in Louisiana, but now appears to have no attorneys left in the state to pursue them. Three attorneys who once worked in MMA’s New Orleans office have posted notice on …

14 03, 2023

People Moves: De Fazio Joins Woodruff Sawyer as Southwest Regional Growth Leader

By | March 14th, 2023|Uncategorized|Comments Off on People Moves: De Fazio Joins Woodruff Sawyer as Southwest Regional Growth Leader

Mic De Fazio has joined Woodruff Sawyer in a new role as regional growth leader for the Southwest region. De Fazio will lead a team of specialized producers in efforts to design and build new growth initiatives. Prior to joining …

15 03, 2023

Wife of Man Killed by Oregon Police Gets $1.6M Settlement

By | March 15th, 2023|Uncategorized|Comments Off on Wife of Man Killed by Oregon Police Gets $1.6M Settlement

A lawsuit over the death of a man who was killed by Oregon State Police outside his home in southern Oregon in 2015 has been settled for $1.6 million after a lengthy legal odyssey, the Grants Pass Daily Courier reported. …

15 03, 2023

Connecticut Jury Awards $20M in Worker’s Death From Asbestos Exposure

By | March 15th, 2023|Uncategorized|Comments Off on Connecticut Jury Awards $20M in Worker’s Death From Asbestos Exposure

A Connecticut jury has delivered a $20 million verdict for the widow and family of John Peckham, who died in 2020 from mesothelioma after being exposed to asbestos while working with DAP “33” window glaze in the 1960s. The two …

15 03, 2023

Florida House Panel Approves Bill to End AOBs in Windshield Repair

By | March 15th, 2023|Uncategorized|Comments Off on Florida House Panel Approves Bill to End AOBs in Windshield Repair

Auto insurance and tort-reform groups are celebrating after a subcommittee of the Florida House Banking and Insurance Committee approved a bill that would ban assignment-of-benefits agreements for windshield repairs, a measure that proponents hope will stem a flood of litigation …

15 03, 2023

Where Relationships Matter, Mergers Also Matter in Alabama

By | March 15th, 2023|Uncategorized|Comments Off on Where Relationships Matter, Mergers Also Matter in Alabama

Less than eight months after two of Alabama’s oldest insurance agencies merged to create the Where Relationships Matter Group, the group has taken on another agency with offices in the southeast part of the state. WRM Group announced that it …

15 03, 2023

SVB’s Lack of Risk Officer Emerges as Focus in Fed Probe

By | March 15th, 2023|Uncategorized|Comments Off on SVB’s Lack of Risk Officer Emerges as Focus in Fed Probe

Silicon Valley Bank’s lack of a chief risk officer for much of last year is being examined by the Federal Reserve as part of its probe of the bank’s failure, two people familiar with the matter said. SVB revealed in …

15 03, 2023

Buttigieg Says Recent U.S. Aviation Close Calls ‘Deeply Troubling’

By | March 15th, 2023|Uncategorized|Comments Off on Buttigieg Says Recent U.S. Aviation Close Calls ‘Deeply Troubling’

U.S. Transportation Secretary Pete Buttigieg said on Tuesday that a series of aviation close calls was “deeply troubling and deserve our immediate attention.” The Federal Aviation Administration (FAA) is holding a safety summit on Wednesday with airlines, unions, airports and …

13 03, 2023

FEMA Urges California and Nevada Residents to Heed Flood Warnings

By | March 13th, 2023|Uncategorized|Comments Off on FEMA Urges California and Nevada Residents to Heed Flood Warnings

The Federal Emergency Management Agency is cautioning residents in parts of central California and western Nevada to pay attention to local officials as additional heavy rains and flooding are predicted. The National Weather Service predicts widespread rain, snow and strong …