News Archives - Insurance Journal

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8 03, 2023

General Contract Fined $154K After Painter Fatally Falls 21 Feet Off Balcony

By | March 8th, 2023|Uncategorized|Comments Off on General Contract Fined $154K After Painter Fatally Falls 21 Feet Off Balcony

A 51-year-old painting contractor at a residential apartment complex in Cleveland stepped onto a third-floor balcony and it tilted suddenly, causing him to fall 21 feet onto the concrete below. As he lay injured, the balcony slid off its wall …

8 03, 2023

Louisiana Supreme Court Suspends Hurricane Damage Attorney

By | March 8th, 2023|Uncategorized|Comments Off on Louisiana Supreme Court Suspends Hurricane Damage Attorney

The Louisiana Supreme Court suspended indefinitely the law license of the attorney who manages McClenny Moseley & Associates’ office in New Orleans — the latest setback for a law firm that paid nearly $14 million for client leads and filed …

8 03, 2023

People Moves: McCain to Retire from Frankenmuth Insurance

By | March 8th, 2023|Uncategorized|Comments Off on People Moves: McCain to Retire from Frankenmuth Insurance

McCain to Retire from Frankenmuth Insurance Frankenmuth Insurance Senior Vice President Phil McCain will retire on June 2 after 37 years of service and leadership. McCain started at the company, headquartered in Frankenmuth, Michigan, as a programmer in 1986. He …

9 03, 2023

People Moves: PCF Names New President; California Department of Insurance Appoints Members

By | March 9th, 2023|Uncategorized|Comments Off on People Moves: PCF Names New President; California Department of Insurance Appoints Members

PCF Insurance Services in Lehi, Utah, named Jenni Lee Crocker president. Crocker was PCF’s senior vice president, growth and operations for the past year. She will remain on the board of directors at PCF after completing her two-year tenure as …

9 03, 2023

Connecticut Sues Firearm Companies Over Ghost Gun Sales

By | March 9th, 2023|Uncategorized|Comments Off on Connecticut Sues Firearm Companies Over Ghost Gun Sales

Connecticut on Tuesday sued four gun companies it accused of mailing illegal firearm parts with no serial numbers to an undercover state investigator, the latest legal filing by states and cities seeking to crack down on untraceable ghost guns. Announcing …

9 03, 2023

Crypto-Focused Bank Silvergate Plans to Wind Down Following Blow From FTX

By | March 9th, 2023|Uncategorized|Comments Off on Crypto-Focused Bank Silvergate Plans to Wind Down Following Blow From FTX

Crypto-focused bank Silvergate Capital Corp. said on Wednesday it planned to wind down operations and voluntarily liquidate after it was hit with losses following the dramatic collapse of crypto exchange FTX, sending its shares down 35% in after-hours trade. The …

9 03, 2023

Safety Agency Opens Probe of Norfolk Southern Rail Accidents

By | March 9th, 2023|Uncategorized|Comments Off on Safety Agency Opens Probe of Norfolk Southern Rail Accidents

Federal investigators are opening a wide-ranging investigation into one of the nation’s biggest railroads following a fiery derailment on the Ohio-Pennsylvania border last month and several other accidents involving Norfolk Southern, including the The National Transportation Safety Board said on …

9 03, 2023

FDA: Two More Eyedrop Brands Recalled Due to Risks

By | March 9th, 2023|Uncategorized|Comments Off on FDA: Two More Eyedrop Brands Recalled Due to Risks

U.S. health officials are alerting consumers about two more recalls of eyedrops due to contamination risks that could lead to vision problems and serious injury. The announcements follow a recall last month of eyedrops made in India that were linked …

3 03, 2023

People Moves: Wallace to NC Commission, Draddy to McGriff

By | March 3rd, 2023|Uncategorized|Comments Off on People Moves: Wallace to NC Commission, Draddy to McGriff

Wallace Named NC Deputy Commissioner William Wallace, a mediator and former chairman of the North Carolina Bar Association’s Workers’ Compensation Section, has been named a deputy commissioner at the state’s Industrial Commission. His term begins March 13 and will be …

3 03, 2023

Aircraft Lessor AerCap Says Russian Airlines Proposing Settlements for Stranded Jets

By | March 3rd, 2023|Uncategorized|Comments Off on Aircraft Lessor AerCap Says Russian Airlines Proposing Settlements for Stranded Jets

Aircraft lessor AerCap said on Thursday it had been approached by Russian airlines and their insurance companies about possible settlements for planes stranded after the Ukraine invasion but that it was unclear if any deal could be reached. Western sanctions …