News Archives - Insurance Journal

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14 02, 2023

North Dakota Oil Field Explosion Injures One

By | February 14th, 2023|Uncategorized|Comments Off on North Dakota Oil Field Explosion Injures One

WILLISTON, N.D. (AP) – One person was severely burned in an explosion and fire at an oil field in western North Dakota, fire officials said. The explosion was reported about 10:30 p.m. Friday at a saltwater disposal site north of …

14 02, 2023

Families of 2018 Texas School Shooting Settle Suit With Ammo Retailer

By | February 14th, 2023|Uncategorized|Comments Off on Families of 2018 Texas School Shooting Settle Suit With Ammo Retailer

HOUSTON (AP) – The families of those killed and injured in a 2018 Texas high school shooting have settled a lawsuit they had filed against a Tennessee-based online retailer accused of illegally selling ammunition to the student who authorities say …

14 02, 2023

Illinois Grain Co-Op Fined $629K After 27-Year-Old Worker Suffers Partial Amputation

By | February 14th, 2023|Uncategorized|Comments Off on Illinois Grain Co-Op Fined $629K After 27-Year-Old Worker Suffers Partial Amputation

An Illinois grain cooperatives’ failure to make sure they followed required safety procedures contributed to how a 27-year-old worker suffered a partial amputation of his right leg when a paddle conveyor was left running when he and two other employees …

14 02, 2023

Driver in Suspicious Texas Tesla Crash Apparently Moved to Rear Seat

By | February 14th, 2023|Uncategorized|Comments Off on Driver in Suspicious Texas Tesla Crash Apparently Moved to Rear Seat

Investigators from the National Transportation Safety Board apparently have solved the mystery of why no one was found behind the steering wheel of a Tesla that crashed in a Texas two years ago, killing two men. The agency said in …

14 02, 2023

New Mexico State Cancels Season After Sex, Harassment Allegations

By | February 14th, 2023|Uncategorized|Comments Off on New Mexico State Cancels Season After Sex, Harassment Allegations

New Mexico State called off the rest of its men’s basketball season Sunday after reviewing a police report that cited three players for false imprisonment, harassment and counts of criminal sexual contact against a teammate. In a statement, chancellor Dan …

3 02, 2023

Global Commercial Insurance Rates Rise 4% in Q4, Continuing Moderating Trend

By | February 3rd, 2023|Uncategorized|Comments Off on Global Commercial Insurance Rates Rise 4% in Q4, Continuing Moderating Trend

Global commercial insurance prices increased 4% in the fourth quarter of 2022, down from a 6% increase in Q3 and a 9% increase in Q2, which is a continuation of a trend of moderating increases that began in Q1 2021, …

3 02, 2023

Judge Allows New Jersey Town’s Suit to Recover $21M Spent on Beach Restoration

By | February 3rd, 2023|Uncategorized|Comments Off on Judge Allows New Jersey Town’s Suit to Recover $21M Spent on Beach Restoration

A New Jersey beach town that defied state environmental authorities and fixed its dunes that were seriously eroded by a storm can proceed with a lawsuit seeking to recover $21 million it spent bulking up its shoreline, but cannot build …

3 02, 2023

Mississippi Pet Insurance Bill Fur Real This Time, Senators Say

By | February 3rd, 2023|Uncategorized|Comments Off on Mississippi Pet Insurance Bill Fur Real This Time, Senators Say

More Mississippi dogs, cats, reptiles and birds may soon be insured against costly medical bills thanks to legislation that passed in the state Senate Wednesday. Senate Bill 2228, by Sen. Walter Michel, a Republican from Ridgeland, would create “a comprehensive …

3 02, 2023

Kentucky Tornado Relief Payments Come Under Scrutiny

By | February 3rd, 2023|Uncategorized|Comments Off on Kentucky Tornado Relief Payments Come Under Scrutiny

Some people unaffected by tornadoes that ravaged Kentucky in late 2021 were mistakenly sent payments from a relief fund funneling private donations into the region, the state treasurer’s office said Wednesday. State Treasurer Allison Ball’s office said it canceled payment …

3 02, 2023

Westfield Completes Acquisition of Lloyd’s of London Syndicate 1200

By | February 3rd, 2023|Uncategorized|Comments Off on Westfield Completes Acquisition of Lloyd’s of London Syndicate 1200

Westfield has completed the acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd. for about $125 million. The deal was first announced in September 2022. Westfield said this strategic acquisition establishes the company as a global …