News Archives - Insurance Journal

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24 01, 2023

At-Bay Acquires Licensed P&C Insurance Carrier

By | January 24th, 2023|Uncategorized|Comments Off on At-Bay Acquires Licensed P&C Insurance Carrier

Managing general agent At-Bay said it has acquired an excess and surplus lines insurer licensed in 44 states from XL Insurance America to now become a full-stack carrier. “This milestone will allow us to accelerate the pace of our innovation …

24 01, 2023

Nevada Cannabis Regulators Issue Product Pesticide Advisory for Products

By | January 24th, 2023|Uncategorized|Comments Off on Nevada Cannabis Regulators Issue Product Pesticide Advisory for Products

Nevada marijuana regulators have issued a health and safety advisory about widely available legal cannabis products produced in the Las Vegas area during the last 16 months using plants treated with an unapproved pesticide. The Nevada Cannabis Compliance Board bulletin …

24 01, 2023

Auto Insurance Shopping – and Switching – Increases

By | January 24th, 2023|Uncategorized|Comments Off on Auto Insurance Shopping – and Switching – Increases

Drivers are not only shopping around for auto insurance more than ever, they are switching carriers. According to a quarterly report from J.D. Power, in collaboration with TransUnion, the quote rate for auto insurance in the fourth quarter 2022 was …

23 01, 2023

Consumer Reports Urges Dark Chocolate Makers to Reduce Lead, Cadmium Levels

By | January 23rd, 2023|Uncategorized|Comments Off on Consumer Reports Urges Dark Chocolate Makers to Reduce Lead, Cadmium Levels

Consumer Reports on Monday urged four chocolate producers to commit by Valentine’s Day to reduce the amounts of lead and cadmium in their dark chocolate products, after testing revealed harmful levels of the heavy metals. In letters to Hershey Co., …

23 01, 2023

Germany’s Commerzbank Sues EY for Losses Incurred in Wirecard Collapse

By | January 23rd, 2023|Uncategorized|Comments Off on Germany’s Commerzbank Sues EY for Losses Incurred in Wirecard Collapse

The German lender Commerzbank is suing accounting firm EY over the 200 million euros ($216.12 million) in losses that it incurred in the collapse of Wirecard, a bank spokesperson said on Thursday. Wirecard’s downfall two years ago shook the German …

24 01, 2023

California Lawsuit Claims Woman’s Death Stemmed from Disneyland Fall

By | January 24th, 2023|Uncategorized|Comments Off on California Lawsuit Claims Woman’s Death Stemmed from Disneyland Fall

A lawsuit claims Disneyland employees snickered at a disabled woman struggling to get off a Jungle Cruise boat before she fell and broke a leg, leading to her death from an infection five months later. The lawsuit was filed in …

24 01, 2023

Son Seeks $50M in California Suit for Dad’s Death From Stun Gun

By | January 24th, 2023|Uncategorized|Comments Off on Son Seeks $50M in California Suit for Dad’s Death From Stun Gun

Lawyers for the 5-year-old son of a man who died after repeatedly being shocked by Los Angeles police with a stun gun following a traffic collision filed a $50 million claim Friday for damages against the city. The legal claim …

24 01, 2023

Union Bay Acquires Franchino Agency in New Jersey

By | January 24th, 2023|Uncategorized|Comments Off on Union Bay Acquires Franchino Agency in New Jersey

Union Bay Acquisition, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired Franchino Agency, Inc. Hillsborough, New Jersey. Terms were not disclosed. Franchino Agency, headed by Gabe Frangione, president, offers personal and commercial lines policies. Union …

24 01, 2023

460K Partial Social Security Numbers Mistakenly Released in Washington

By | January 24th, 2023|Uncategorized|Comments Off on 460K Partial Social Security Numbers Mistakenly Released in Washington

A county in Washington inadvertently released nearly half a million partial Social Security Numbers when responding to a routine public records request in December, according to county officials. The Pierce County Auditor’s Office, which mistakenly released the sensitive data, said …

24 01, 2023

J&J Subsidiary to Pay $9.75M to Settle Claims of Free Products to Induce Surgeon

By | January 24th, 2023|Uncategorized|Comments Off on J&J Subsidiary to Pay $9.75M to Settle Claims of Free Products to Induce Surgeon

A subsidiary of health care company Johnson & Johnson has agreed to pay nearly $10 million to settle allegations that it violated federal and state law by providing free products to a surgeon to induce him to use its products …