News Archives - Insurance Journal

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6 07, 2023

Georgia Trial Lawyer Surrenders License After Using Insurance Settlement Proceeds

By | July 6th, 2023|Uncategorized|Comments Off on Georgia Trial Lawyer Surrenders License After Using Insurance Settlement Proceeds

The Georgia Supreme Court has accepted the voluntary license surrender of a plaintiffs’ attorney who had been in practice for more than 45 years. Richard L. Middleton Jr., of Savannah, acknowledged that he had violated Georgia Bar rules by using …

6 07, 2023

AM Best Issues Improved Outlooks for Barnstable Group in Massachusetts

By | July 6th, 2023|Uncategorized|Comments Off on AM Best Issues Improved Outlooks for Barnstable Group in Massachusetts

AM Best has revised its outlooks to stable from negative and affirmed its Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” (Excellent) for the members of Barnstable Group, which includes Barnstable County Mutual Insurance Co. …

6 07, 2023

A.J. Gallagher Acquires The Andersen Group in Virginia

By | July 6th, 2023|Uncategorized|Comments Off on A.J. Gallagher Acquires The Andersen Group in Virginia

Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Chantilly, Virginia-based The Andersen Group. The Andersen Group is a retail insurance agency serving non-profit trade associations, government contractors and engineering services companies in the greater Washington, D.C. …

6 07, 2023

Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures?

By | July 6th, 2023|Uncategorized|Comments Off on Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures?

On March 10, 2023, while the majority of Americans were diligently toiling away in their jobs, very few people likely understood the silently ticking time-bomb sitting inside the balance sheets of many of our bank-brethren in our important banking industry. …

6 07, 2023

Chicago Flooding a Reminder of Vulnerability of Major Cities During Extreme Weather

By | July 6th, 2023|Uncategorized|Comments Off on Chicago Flooding a Reminder of Vulnerability of Major Cities During Extreme Weather

Heavy rains that flooded Chicago neighborhoods, rendered freeways impassable and wreaked havoc on NASCAR street races downtown Sunday are serving as stark reminders of urban centers’ vulnerability during extreme weather events. After a historic deluge in April in Fort Lauderdale, …

6 07, 2023

Train derails Outside Rural Wisconsin Village, Authorities Say No Hazardous Materials Leaked

By | July 6th, 2023|Uncategorized|Comments Off on Train derails Outside Rural Wisconsin Village, Authorities Say No Hazardous Materials Leaked

REESEVILLE, Wis. (AP) __ Investigators are looking into what caused a freight train to derail outside a small village in south-central Wisconsin. The train derailed just west of the village of Reeseville in Dodge County around 2 p.m. Tuesday. the …

6 07, 2023

People Moves: Harter joins Iroquois in Ohio; Donaldson Named Account Administrator at RT Specialty

By | July 6th, 2023|Uncategorized|Comments Off on People Moves: Harter joins Iroquois in Ohio; Donaldson Named Account Administrator at RT Specialty

Harter joins Iroquois in Ohio Andy Harter joined Iroquois Mid-Atlantic, headquartered in Midlothian, Va., as regional manager, servicing agents in Ohio. Harter most recently served as a marketing rep for Grange Insurance from his home in Gahanna, Ohio. Harter most …

6 07, 2023

Court: Tulsa Can’t Give a Choctaw Man Ticket Because City is on Reservation Land

By | July 6th, 2023|Uncategorized|Comments Off on Court: Tulsa Can’t Give a Choctaw Man Ticket Because City is on Reservation Land

OKLAHOMA CITY (AP) – Tulsa lacks the jurisdiction to prosecute a Native American man cited by police for speeding because the city is located within the boundaries of an Indian reservation, a federal appeals court ruled. The 10th U.S. Circuit …

6 07, 2023

Oklahoma Insurance Commissioner Offers Recovery Tips After Severe Storms

By | July 6th, 2023|Uncategorized|Comments Off on Oklahoma Insurance Commissioner Offers Recovery Tips After Severe Storms

Oklahoma Insurance Commissioner Gled Mulready offered recovery tips following the severe storms that hit Tulsa over Father’s Day weekend, causing extensive damage, including fallen trees and widespread power outages. The storm has been far-reaching, leading to heat advisories, limited access …

6 07, 2023

US Labor Agency Sues Starbucks Over Treatment of Seattle Workers

By | July 6th, 2023|Uncategorized|Comments Off on US Labor Agency Sues Starbucks Over Treatment of Seattle Workers

The National Labor Relations Board on Thursday sued Starbucks SBUX.O over the coffee chain’s refusal to rehire 33 workers as it reorganized three downtown Seattle stores, including its flagship store in Pike Place Market. In a petition filed in Seattle …