News Archives - Insurance Journal

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3 07, 2023

NCOIL Writes IRS, FTC on Rules it Says Infringe State Regulation

By | July 3rd, 2023|Uncategorized|Comments Off on NCOIL Writes IRS, FTC on Rules it Says Infringe State Regulation

The National Council of Insurance Legislators last week urged the Internal Revenue Service and the Federal Trade Commission to reconsider proposed rules that the organization said encroaches on state regulation. The first of the letters from NCOIL addresses a years …

3 07, 2023

Florida Injury Attorney Arrested in Homicide of his Father in Boca Raton

By | July 3rd, 2023|Uncategorized|Comments Off on Florida Injury Attorney Arrested in Homicide of his Father in Boca Raton

A south Florida injury attorney, suspended from practice this year over alleged financial irregularities, has been charged with murdering his father, Boca Raton lawyer Paul Labiner. News outlets and the Palm Beach County Sheriff’s Office reported that Brandon Scott Labiner, …

3 07, 2023

Risk Strategies Acquires Ohio’s First Insurance Group

By | July 3rd, 2023|Uncategorized|Comments Off on Risk Strategies Acquires Ohio’s First Insurance Group

Risk Strategies and Premier Financial Corporation announced that Risk Strategies has acquired Ohio-based First Insurance Group from Premier Financial Corp., (Nasdaq: PFC), a community banking and financial services holding company based in Defiance, Ohio. Founded in 1946, First Insurance Group …

3 07, 2023

TWIA Committee to Review 2023 Rate Adequacy at July Meeting

By | July 3rd, 2023|Uncategorized|Comments Off on TWIA Committee to Review 2023 Rate Adequacy at July Meeting

The Texas Windstorm Insurance Association (TWIA) Actuarial and Underwriting Committee will meet July 11 to review the association’s 2023 rate adequacy analysis. TIWA’s rate analysis for 2023 indicates that current rates are inadequate by 20% for residential coverage and 22% …

3 07, 2023

Thousands of Southern California Hotel Workers Strike, Demanding Better Pay and Benefits

By | July 3rd, 2023|Uncategorized|Comments Off on Thousands of Southern California Hotel Workers Strike, Demanding Better Pay and Benefits

Thousands of hotel workers in Southern California walked off the job on Sunday, demanding higher pay and better benefits in what the union is calling the largest strike in its history. Cooks, room attendants, dishwashers, servers, bellmen and front desk …

4 07, 2023

Mercury Offering New Homeowners and Renters Coverages and Discounts in Nevada

By | July 4th, 2023|Uncategorized|Comments Off on Mercury Offering New Homeowners and Renters Coverages and Discounts in Nevada

Los Angeles, Calif.-based Mercury Insurance announced five new coverages and five new discounts available for homeowners and renters in Nevada. Mercury’s new coverages provide additional insurance protections with an option for environmentally-friendly replacement products. Discounts are available for homeowners already …

4 07, 2023

Truck Driver Who Triggered Deadly Arizona Freeway Collision Had Just Been on Tiktok

By | July 4th, 2023|Uncategorized|Comments Off on Truck Driver Who Triggered Deadly Arizona Freeway Collision Had Just Been on Tiktok

A tractor-trailer driver was on the social media app TikTok just before causing a Phoenix-area freeway collision that killed five people, authorities said. The Arizona Department of Public Safety announced in a news release that 36-year- old Danny G. Tiner …

19 05, 2023

ClientEarth Challenges UK Court Dismissal of Shell Climate Lawsuit

By | May 19th, 2023|Uncategorized|Comments Off on ClientEarth Challenges UK Court Dismissal of Shell Climate Lawsuit

ClientEarth, an environmental law charity turned activist Shell investor, said on Friday it was challenging a London court decision to dismiss its novel lawsuit against the energy giant’s board over alleged climate risk mismanagement. The group said it would ask …

19 05, 2023

No Respite for Wildfire-Hit Alberta as Conditions Set to Worsen

By | May 19th, 2023|Uncategorized|Comments Off on No Respite for Wildfire-Hit Alberta as Conditions Set to Worsen

Abnormally hot and dry weather is set to return to Alberta on Thursday after a couple of cooler days helped calm wildfires that have forced thousands of evacuations and disrupted production in Canada’s main oil-rich province. Record-high temperatures and tinder-dry …

19 05, 2023

Peloton Announces Long-Awaited Repair for Recalled Treadmill

By | May 19th, 2023|Uncategorized|Comments Off on Peloton Announces Long-Awaited Repair for Recalled Treadmill

Peloton Interactive Inc. and the US Consumer Product Safety Commission announced a long-awaited fix for the fitness company’s recalled Tread+ machine, which was pulled off the market two years ago following dozens of injuries and one death. The repair involves …