News Archives - Insurance Journal

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22 12, 2022

Michigan’s Proctor Financial to Pay $67K Over Retaliation Suit

By | December 22nd, 2022|Uncategorized|Comments Off on Michigan’s Proctor Financial to Pay $67K Over Retaliation Suit

Proctor Financial, Inc., an insurance company based in Troy, Michigan that provides insurance products for residential and commercial properties, will pay $67,000 to settle a retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC). According to the EEOC’s …

22 12, 2022

Michigan Sues Paper Company Over PFAS-Contaminated Waste

By | December 22nd, 2022|Uncategorized|Comments Off on Michigan Sues Paper Company Over PFAS-Contaminated Waste

PORT HURON, Mich. (AP) _ The state of Michigan is accusing a former paper mill owner of sending contaminated waste to a composting site for decades in the Thumb region. The lawsuit seeks payments from Domtar Industries for identifying the …

21 12, 2022

Tenn. Chalks 10% Cut in Workers’ Comp Loss Costs, Marking a Decade of Reductions

By | December 21st, 2022|Uncategorized|Comments Off on Tenn. Chalks 10% Cut in Workers’ Comp Loss Costs, Marking a Decade of Reductions

Tennessee’s insurance commissioner has approved a 10.2% average decrease in workers’ compensation loss costs for the voluntary market, marking the 10th-straight reduction for the state. The Dec. 14 order from Commissioner Carter Lawrence approved a recommendation from the National Council …

21 12, 2022

Cadence Insurance Acquires Texas-Based Warriner & Associates

By | December 21st, 2022|Uncategorized|Comments Off on Cadence Insurance Acquires Texas-Based Warriner & Associates

Cadence Insurance, Inc. announced the acquisition of certain assets of Houston, Texas-based Warriner & Associates Insurance Services, Inc. and Warriner Solutions, LLC effective December 1, 2022. With roots tracing back to 1992, Warriner & Associates has specialized in insurance coverage …

22 12, 2022

BREAKING: Florida Citizens’ CEO Gilway Announces Retirement

By | December 22nd, 2022|Uncategorized|Comments Off on BREAKING: Florida Citizens’ CEO Gilway Announces Retirement

He waited until the Florida Legislature had passed long-sought reforms but now Citizens Property Insurance Corp. CEO Barry Gilway is ready to retire after almost 11 years at the helm. Gilway announced at the Citizens Board of Governors meeting today, …

21 12, 2022

Texas Bankruptcy Judge Allows Sandy Hook Cases Against Jones to Proceed

By | December 21st, 2022|Uncategorized|Comments Off on Texas Bankruptcy Judge Allows Sandy Hook Cases Against Jones to Proceed

HOUSTON (AP) – Cases can move forward against Alex Jones regarding the nearly $1.5 billion he’s ordered to pay families of Sandy Hook victims over his conspiracy theories about the 2012 school massacre, a federal bankruptcy judge ruled Monday, but …

21 12, 2022

People Moves: Ohio Dept. of Insurance Restructures Office of Legal Services; N.D. Commissioner Godfread Elected VP of NAIC

By | December 21st, 2022|Uncategorized|Comments Off on People Moves: Ohio Dept. of Insurance Restructures Office of Legal Services; N.D. Commissioner Godfread Elected VP of NAIC

Ohio Department of Insurance Office of Legal Services Restructured, Fitch Named Chief Legal Officer Ohio Department of Insurance has promoted several employees in the department’s Office of Legal Services, including naming Whitney Fitch as chief legal officer. Fitch, who joined …

22 12, 2022

State Fund Offering Extended Credit to Policyholders Affected by California Quake

By | December 22nd, 2022|Uncategorized|Comments Off on State Fund Offering Extended Credit to Policyholders Affected by California Quake

State Compensation Insurance Fund says it will offer a 30-day credit extension to policyholders in Humboldt County, California, which was declared a state of emergency by Gov. Gavin Newsom after a large earthquake on December 20 near Ferndale. Thousands of …

21 12, 2022

Ohio’s Oberlin College Completes Paying Out $25M Judgment in Libel Lawsuit

By | December 21st, 2022|Uncategorized|Comments Off on Ohio’s Oberlin College Completes Paying Out $25M Judgment in Libel Lawsuit

OBERLIN. Ohio (AP) – Oberlin College has completed paying out a $25 million judgment to an Ohio bakery that won a libel lawsuit against the school after a shoplifting incident involving three Black students. The store’s owners, Allyn Gibson and …

22 12, 2022

People Moves: Sompo Int’l Taps Berkshire’s Crozier for UK Casualty; AXA XL Re Promotes Abend to New Property Role in Bermuda; Gallagher Re Names Netherlands’ Senior Hires

By | December 22nd, 2022|Uncategorized|Comments Off on People Moves: Sompo Int’l Taps Berkshire’s Crozier for UK Casualty; AXA XL Re Promotes Abend to New Property Role in Bermuda; Gallagher Re Names Netherlands’ Senior Hires

This edition of International People Moves details appointments at Sompo International, AXA XL Reinsurance and Gallagher Re. A summary of these new hires follows here. Sompo Int’l Taps Berkshire’s Crozier for UK Retail Casualty Sompo International Holdings Ltd., a global …