News Archives - Insurance Journal

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2 12, 2022

Ex-Student Alleges Abuse at Missouri Military Boarding School

By | December 2nd, 2022|Uncategorized|Comments Off on Ex-Student Alleges Abuse at Missouri Military Boarding School

MEXICO, Mo. (AP) _ A former student at the Missouri Military Academy alleges in a lawsuit that school administrators did nothing to stop routine beatings he suffered at the school. The student filed a personal injury lawsuit this week against …

23 11, 2022

Ohio Dollar General Operator to Pay $341K in OSHA Penalties

By | November 23rd, 2022|Uncategorized|Comments Off on Ohio Dollar General Operator to Pay $341K in OSHA Penalties

When federal workplace safety inspectors opened an investigation at a Dollar General store in Columbus, they discovered violations that were all-too-familiar and the kind that has led to more than $15 million in proposed penalties since 2017 for one of …

2 12, 2022

Minneapolis Reaches $600K Settlement With 12 hurt in George Floyd Protests

By | December 2nd, 2022|Uncategorized|Comments Off on Minneapolis Reaches $600K Settlement With 12 hurt in George Floyd Protests

MINNEAPOLIS (AP) – The city of Minneapolis has reached a $600,000 settlement with 12 protesters who were injured during demonstrations after the May 2020 police killing of George Floyd, the American Civil Liberties Union announced Wednesday. The agreement, which also …

2 12, 2022

9,000 Hens Killed in Missouri After Latest Case of Avian Flu

By | December 2nd, 2022|Uncategorized|Comments Off on 9,000 Hens Killed in Missouri After Latest Case of Avian Flu

JEFFERSON CITY, Mo. (AP) – Nearly 9,000 laying hens in Webster County were killed after federal officials confirmed an outbreak of bird flu in the flock, state agriculture officials said. It is the 11th case of the highly contagious avian …

23 11, 2022

Liberty Mutual Explores $1 Billion Sale of Europe Businesses

By | November 23rd, 2022|Uncategorized|Comments Off on Liberty Mutual Explores $1 Billion Sale of Europe Businesses

Liberty Mutual Holding Co. is exploring a sale of its businesses in Spain, Portugal and Ireland, according to people familiar with the matter, joining other American insurers retreating from the region. The US insurer is working with Bank of America …

2 12, 2022

Officials: No Altitude Advice Before Dallas Air Show Crash

By | December 2nd, 2022|Uncategorized|Comments Off on Officials: No Altitude Advice Before Dallas Air Show Crash

DALLAS (AP) _ Just before a midair collision that killed six at a Dallas air show, a group of historic fighter planes was told to fly ahead of a formation of bombers without any prior plan for coordinating altitude, according …

23 11, 2022

Agency Partnerships: SAN Group Adds Woodland Agency of Massachusetts; Vermont’s Barrett Agency Joins Renaissance

By | November 23rd, 2022|Uncategorized|Comments Off on Agency Partnerships: SAN Group Adds Woodland Agency of Massachusetts; Vermont’s Barrett Agency Joins Renaissance

Independent insurance agency alliance Satellite Agency Network (SAN) Group, Inc. recently announced the addition of Woodland Insurance Agency of Hanson, Massachusetts to its network. Founded nearly 40 years ago, Woodland Insurance is an independently owned insurance agency offering home, auto, …

2 12, 2022

EU Agrees to $60 Price Cap for Russian Oil, Allowing Buyers to Access Insurance

By | December 2nd, 2022|Uncategorized|Comments Off on EU Agrees to $60 Price Cap for Russian Oil, Allowing Buyers to Access Insurance

The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for a wider Group of Seven deal, according to a Polish diplomat. The price is higher than where Russia already sells …

23 11, 2022

FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys

By | November 23rd, 2022|Uncategorized|Comments Off on FTX Was Run as ‘Personal Fiefdom,’ Faces Hacks and Missing Assets: Attorneys

FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in its first bankruptcy hearing as they detailed ongoing challenges such as hacks and substantial missing assets. In the highest-profile crypto …

29 11, 2022

Hilb Group Acquires Sharpline Brokerages of Pennsylvania

By | November 29th, 2022|Uncategorized|Comments Off on Hilb Group Acquires Sharpline Brokerages of Pennsylvania

The Hilb Group announced that it has acquired Pennsylvania-based Sharpline Insurance Brokerages, expanding its property/casualty presence throughout the Mid-Atlantic. Based in King of Prussia, Pennsylvania, Sharpline Insurance Brokerages, through their subsidiaries Madison Risk Group and Trinity Asset Protection, specialize in …