News Archives - Insurance Journal

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25 03, 2022

Hearing on Florida Citizens’ Near-Max Rate Increases Set for March 31

By | March 25th, 2022|Uncategorized|Comments Off on Hearing on Florida Citizens’ Near-Max Rate Increases Set for March 31

The Florida Office of Insurance Regulation will hold a hearing on Thursday, March 31, to examine a request by Citizens Property Insurance Corp. for a near-maximum rate increase for most of its policies. Citizens, limited by its statutory “glidepath” to …

25 03, 2022

Assurex Global Adds Texas-Based Watkins Insurance Group As Partner

By | March 25th, 2022|Uncategorized|Comments Off on Assurex Global Adds Texas-Based Watkins Insurance Group As Partner

Assurex Global announced that Austin, Texas-based Watkins Insurance Group has joined the firm. Assurex Global now consists of 97 independent agencies. Watkins Insurance Group was founded in 1949 as R.B. Lewis Agency. In 1965, the agency became Lewis-Watkins-Farmer Agency, with …

25 03, 2022

U. of Michigan to Settle Students’ Sex-Abuse Lawsuit

By | March 25th, 2022|Uncategorized|Comments Off on U. of Michigan to Settle Students’ Sex-Abuse Lawsuit

The University of Michigan has reached an agreement to settle a lawsuit brought by students who sought to force changes in how the school protects the campus from sexual misconduct. As part of the deal, which was filed in federal …

25 03, 2022

Ohio Reaches $80 Million Settlement With Monsanto Over PCB Hazards

By | March 25th, 2022|Uncategorized|Comments Off on Ohio Reaches $80 Million Settlement With Monsanto Over PCB Hazards

Ohio Attorney General Dave Yost on March 25 announced an $80 million settlement with the Monsanto Co. that forces the company to pay for environmental damage it caused in Ohio with its toxic products. “Ohio has been absorbing the health …

25 03, 2022

Texas Department of Insurance Reports Data Breach

By | March 25th, 2022|Uncategorized|Comments Off on Texas Department of Insurance Reports Data Breach

The Texas Department of Insurance (TDI) became aware of a security issue on January 4, 2022 with a TDI web application that manages workers’ compensation information. TDI immediately took the application offline, quickly fixed the issue, and started an investigation …

23 03, 2022

Long-Running Love Canal Suits Get May Court Date

By | March 23rd, 2022|Uncategorized|Comments Off on Long-Running Love Canal Suits Get May Court Date

Long-pending lawsuits stemming from toxic waste contamination in Niagara Falls’ notorious Love Canal neighborhood have a new court date in May. The Buffalo News reported Saturday that a federal appeals court in New York City will hear arguments in May …

23 03, 2022

Jury Finds U of Miami Did Not Discriminate Against Lower-Paid Woman Prof

By | March 23rd, 2022|Uncategorized|Comments Off on Jury Finds U of Miami Did Not Discriminate Against Lower-Paid Woman Prof

The University of Miami did not discriminate against a professor, despite paying her far less than a male professor in the same department, a jury decided in a closely watched federal lawsuit brought by the Equal Employment Opportunity Commission. After …

23 03, 2022

New Orleans Tornado Leaves 1 Dead, Causes Damage to Lower Ninth Ward

By | March 23rd, 2022|Uncategorized|Comments Off on New Orleans Tornado Leaves 1 Dead, Causes Damage to Lower Ninth Ward

A tornado reached east New Orleans Tuesday evening, leaving at least one person dead and causing significant damage to the Lower Ninth Ward. St. Bernard Parish Sheriff James Pohlmann confirmed that at least one person was killed in Arabi when …

23 03, 2022

13-Year Old Behind Wheel of West Texas Crash That Killed 9 People

By | March 23rd, 2022|Uncategorized|Comments Off on 13-Year Old Behind Wheel of West Texas Crash That Killed 9 People

Authorities investigating a fiery head-on crash in West Texas don’t know why a 13-year-old boy was driving while his father sat in the passenger seat of a pickup truck that crossed into the oncoming lane and collided with a passenger …

23 03, 2022

Will Companies Exiting Russia Be Able to Recoup Losses With Their Insurance?

By | March 23rd, 2022|Uncategorized|Comments Off on Will Companies Exiting Russia Be Able to Recoup Losses With Their Insurance?

Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co. to PwC, a global professional services firm. The following is a look …