News Archives - Insurance Journal

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7 11, 2022

Ford to Pay $115K Over Pregnancy Discrimination Case at Illinois Plant

By | November 7th, 2022|Uncategorized|Comments Off on Ford to Pay $115K Over Pregnancy Discrimination Case at Illinois Plant

Automaker Ford Motor Company will pay $115,000 and furnish other relief to settle a pregnancy discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s lawsuit, Ford violated federal law when …

7 11, 2022

Oil & Gas Operator Agrees to $1.5M Settlement Over Clean Air Act Violations

By | November 7th, 2022|Uncategorized|Comments Off on Oil & Gas Operator Agrees to $1.5M Settlement Over Clean Air Act Violations

The United States Department of Justice announced that Utica Resource Operating LLC (URO) has agreed to a settlement resolving alleged Clean Air Act violations at URO’s oil and gas production well facilities in Ohio. The settlement addresses URO’s failure to …

4 11, 2022

Drug Manufacturer Teva to Pay $523M to New York in Opioid Settlement

By | November 4th, 2022|Uncategorized|Comments Off on Drug Manufacturer Teva to Pay $523M to New York in Opioid Settlement

Teva Pharmaceutical Industries Lts. will pay up to $523 million to New York State as part of a nationwide settlement of lawsuits alleging the company helped fuel the U.S. opioid epidemic. The settlement with New York adds an additional $300 …

4 11, 2022

Hurricane Ian Wrecked Man-Made Reefs, Brings Algae Bloom to Florida

By | November 4th, 2022|Uncategorized|Comments Off on Hurricane Ian Wrecked Man-Made Reefs, Brings Algae Bloom to Florida

Hurricane Ian not only ravaged southwest Florida on land but was destructive underwater as well. It destroyed man-made reefs and brought along red tide, the harmful algae blooms that kill fish and birds, according to marine researchers who returned last …

4 11, 2022

Twitter Sued for Mass Layoffs by Musk Without Enough Notice

By | November 4th, 2022|Uncategorized|Comments Off on Twitter Sued for Mass Layoffs by Musk Without Enough Notice

Twitter Inc. was sued over Elon Musk’s plan to eliminate about 3,700 jobs at the social-media platform, which workers say the company is doing without enough notice in violation of federal and California law. A class-action lawsuit was filed Thursday …

4 11, 2022

AmTrust Acquires Surety MGA CMGIA in California

By | November 4th, 2022|Uncategorized|Comments Off on AmTrust Acquires Surety MGA CMGIA in California

AmTrust Financial Services Inc. acquired Contractor Managing General Insurance Agency Inc. in California. CMGIA will offer surety bonds to small to mid-size contractors across 50 states. The company is led by Stephanie Shear, a surety underwriter with more 40 years …

4 11, 2022

Colorado Man Gets $7M Settlement in Stun Gun Case

By | November 4th, 2022|Uncategorized|Comments Off on Colorado Man Gets $7M Settlement in Stun Gun Case

The Colorado city of Idaho Springs said it has agreed to pay $7 million to a 75-year-old man who said an officer used a stun gun on him without warning and dragged him from his apartment after a dispute with …

4 11, 2022

North Carolina Rate Bureau Wants 87% Hike in Mobile Home Rates over 2 Years

By | November 4th, 2022|Uncategorized|Comments Off on North Carolina Rate Bureau Wants 87% Hike in Mobile Home Rates over 2 Years

The North Carolina Rate Bureau is requesting an average 87.5% increase in insurance rates for mobile home fire policies over the next two years, and a 53.4% increase in casualty policies. The rate requests may seem large, but they are …

4 11, 2022

Chubb, Hudson Upheld in Denying Insurance to Couple Accused of Delaying Son’s Murder Case

By | November 4th, 2022|Uncategorized|Comments Off on Chubb, Hudson Upheld in Denying Insurance to Couple Accused of Delaying Son’s Murder Case

Pennsylvania parents who are alleged to have found but not turned over to authorities a gun believed used by their son to murder a friend are not entitled to insurance for their defense against emotional distress claims brought by the …

4 11, 2022

Louisiana Train Derailment, Acid Leak Prompts Evacuations

By | November 4th, 2022|Uncategorized|Comments Off on Louisiana Train Derailment, Acid Leak Prompts Evacuations

The derailment of six train cars and a subsequent acid leak prompted road closures and evacuations Wednesday in a Louisiana community, officials said. No injuries were reported in the derailment in the community of Paulina in St. James Parish, about …