News Archives - Insurance Journal

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8 07, 2022

Vermont Man Facing Murder, Insurance Fraud Charges Seeks Release From Custody

By | July 8th, 2022|Uncategorized|Comments Off on Vermont Man Facing Murder, Insurance Fraud Charges Seeks Release From Custody

The Vermont man charged with killing his mother at sea in a plot to inherit millions of dollars has asked a federal court to authorize his release from custody pending trial. The attorneys for Nathan Carman filed a motion Wednesday …

8 07, 2022

Appeals Court Upholds Dismissal of Alabama Judge’s Suit Against ‘Borat’ Comedian

By | July 8th, 2022|Uncategorized|Comments Off on Appeals Court Upholds Dismissal of Alabama Judge’s Suit Against ‘Borat’ Comedian

Sacha Baron Cohen on Thursday defeated an appeal by former Alabama Chief Justice Roy Moore who had accused the British comedian of defamation for falsely portraying him as a pedophile in an interview for the show “Who Is America?” In …

8 07, 2022

People Moves: Lloyd’s Europe Hires Heugues From Ageas as Chief Underwriter; Parsyl Staffs London Marine Cargo Office

By | July 8th, 2022|Uncategorized|Comments Off on People Moves: Lloyd’s Europe Hires Heugues From Ageas as Chief Underwriter; Parsyl Staffs London Marine Cargo Office

Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July. He will be responsible for overseeing underwriting, delegated authority management, claims and the reinsurance business. Bertrand joins Lloyd’s Europe from Ageas in Brussels where he …

8 07, 2022

U.S.-Based 3M Faces More Costs After $581M Chemical Cleanup Pact in Belgium

By | July 8th, 2022|Uncategorized|Comments Off on U.S.-Based 3M Faces More Costs After $581M Chemical Cleanup Pact in Belgium

3M Co. still faces the prospect of additional costs to resolve contamination liabilities in Belgium after reaching an agreement to clean up and remediate PFAS, the so-called forever chemicals used in many consumer goods, a government official said. The St. …

8 07, 2022

People Moves: IMA Select in Colorado Names Harvath President; IOA Adds Armstrong

By | July 8th, 2022|Uncategorized|Comments Off on People Moves: IMA Select in Colorado Names Harvath President; IOA Adds Armstrong

IMA Select in Colorado named Sandy Harvath president. Harvath has been with IMA Financial Group since 2003, most recently serving as the president of its Colorado market. She began her career at IMA as construction account manager and progressed to …

8 07, 2022

Woman Sentenced to 8 Years in California Medical Fraud Insurance Billing Scheme

By | July 8th, 2022|Uncategorized|Comments Off on Woman Sentenced to 8 Years in California Medical Fraud Insurance Billing Scheme

A former Southern California woman who, along with her doctor husband, billed insurers $44 million for unnecessary cosmetic surgeries was sentenced to eight years in federal prison. Linda Morrow, 70, also was ordered to pay $14 million in restitution. She …

8 07, 2022

Bayer, BASF Win New Trial on $60 Million Damage Award in Weedkiller Lawsuit

By | July 8th, 2022|Uncategorized|Comments Off on Bayer, BASF Win New Trial on $60 Million Damage Award in Weedkiller Lawsuit

Bayer and BASF have won a new trial on $60 million in punitive damages they were ordered to pay a Missouri peach farmer who said dicamba, a herbicide they produced, drifted onto his orchard and harmed his crops. The 8th …

8 07, 2022

Georgia Insurance Office to Hold Hearing on Agency, Fire Safety Rule Changes

By | July 8th, 2022|Uncategorized|Comments Off on Georgia Insurance Office to Hold Hearing on Agency, Fire Safety Rule Changes

The Georgia Commissioner of Insurance will hold a hearing in August on a slew of proposed rule changes, affecting everything from fire safety at self-serve gas pumps and group homes to insurance agency license renewals. The hearing will be Aug. …

7 07, 2022

Lloyd’s Insurer Probitas Starts Underwriting Cyber

By | July 7th, 2022|Uncategorized|Comments Off on Lloyd’s Insurer Probitas Starts Underwriting Cyber

Probitas 1492, the Lloyd’s insurer, has started underwriting cyber insurance with Richard Taylor, head of Cyber & Technology, focusing the book of business on complex small-and-medium-sized enterprises (SME), up to large single risks. “We have spent the past couple of …

7 07, 2022

Dutch Airline KLM Sued by Environmental Groups Over Alleged ‘Greenwashing’ Ads

By | July 7th, 2022|Uncategorized|Comments Off on Dutch Airline KLM Sued by Environmental Groups Over Alleged ‘Greenwashing’ Ads

Environmental groups are suing the Dutch subsidiary of Air France-KLM over an advertising campaign they allege breaches European consumer law by misleading the public over how sustainable its flights are. Dutch campaigners Fossielvrij NL, supported by environmental law charity ClientEarth …