News Archives - Insurance Journal

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2 02, 2023

Univ. of Minnesota Football Players’ Discrimination Lawsuit Dismissed

By | February 2nd, 2023|Uncategorized|Comments Off on Univ. of Minnesota Football Players’ Discrimination Lawsuit Dismissed

MINNEAPOLIS (AP) – A federal judge has dismissed a lawsuit filed by nine former University of Minnesota football players who were accused of sexual assault in 2016 in a case that roiled the school’s football program. The lawsuit against the …

2 02, 2023

Judge Stays New Jersey Law Allowing AG Lawsuits Against Gun Industry

By | February 2nd, 2023|Uncategorized|Comments Off on Judge Stays New Jersey Law Allowing AG Lawsuits Against Gun Industry

A federal judge has halted the enforcement of a New Jersey law allowing the state attorney general to bring civil lawsuits against the gun industry in that state. U.S. District Judge Zahid N. Quraishi granted a preliminary injunction against enforcement …

1 02, 2023

Man Charged With Killing Mom at Sea Seeks Grand Jury Transcripts

By | February 1st, 2023|Uncategorized|Comments Off on Man Charged With Killing Mom at Sea Seeks Grand Jury Transcripts

The man charged with killing his mother at sea during a 2016 fishing trip off the coast of New England is asking for minutes from the grand jury proceeding that led to his indictment, seeking to learn what was disclosed …

2 02, 2023

General Motors Files to Trademark ‘GM Financial Insurance Company’ Name

By | February 2nd, 2023|Uncategorized|Comments Off on General Motors Files to Trademark ‘GM Financial Insurance Company’ Name

General Motors has filed to trademark “GM Financial Insurance Company,” according to a record found with the U.S. Patent and Trademark Office. The filing was made on Jan. 24, 2022. GM Financial is the auto financing arm of General Motors. …

1 02, 2023

Estimated 100,000 Hens Die in Blaze at Connecticut’s Hillendale Farms

By | February 1st, 2023|Uncategorized|Comments Off on Estimated 100,000 Hens Die in Blaze at Connecticut’s Hillendale Farms

BOZRAH, Conn. (AP) — An estimated 100,000 hens died in a weekend fire at a Connecticut farm owned by one of the country’s largest egg producers, Connecticut officials confirmed Monday. It’s one of several such fires that have killed millions …

2 02, 2023

The Hanover Reports $11M Q4 Loss

By | February 2nd, 2023|Uncategorized|Comments Off on The Hanover Reports $11M Q4 Loss

The Hanover Insurance Group reported a fourth quarter 2022 loss of $11.6 million, driven by widespread catastrophic losses from Winter Storm Elliott. Results were in comparison to net income of $163.5 million in the prior-year quarter. The Hanover experienced catastrophe …

1 02, 2023

MPL Insurers Curi and Constellation Agree to Merge

By | February 1st, 2023|Uncategorized|Comments Off on MPL Insurers Curi and Constellation Agree to Merge

Curi Holdings, Inc. and Constellation, Inc., two of the nation’s leading providers of medical professional liability (MPL) insurance, have signed an agreement to merge. Curi CEO Jason Sandner will remain CEO of Curi Holdings, Inc. Constellation President & CEO Ryan …

1 02, 2023

Attacks on U.S. Power Grids Rose to All-Time High in 2022

By | February 1st, 2023|Uncategorized|Comments Off on Attacks on U.S. Power Grids Rose to All-Time High in 2022

Attacks on US power grids rose to an all-time high last year, further straining the sprawling and aging network. The number of direct physical attacks, including acts of vandalism and other suspicious activity, that potentially threatened grid reliability rose 77% …

1 02, 2023

$32M Settlement in California Child Welfare Lawsuit

By | February 1st, 2023|Uncategorized|Comments Off on $32M Settlement in California Child Welfare Lawsuit

Central California’s Tulare County will pay $32 million to settle a lawsuit alleging its child welfare agency failed to respond to reports of abuse involving an infant boy who was hospitalized for malnutrition and suffered brain damage, plaintiffs’ attorneys said …

1 02, 2023

Chubb Q4 Net Income Down 39%

By | February 1st, 2023|Uncategorized|Comments Off on Chubb Q4 Net Income Down 39%

Fourth quarter 2022 net income at Chubb Ltd. was about $1.3 billion, nearly 39% lower than the same period the prior year, due to catastrophe losses and results in the company’s agriculture business from a below-average crop year. The P&C …