News Archives - Insurance Journal

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8 03, 2022

Los Angeles Suing Monsanto, 2 Others for Toxic PCBs in Waterways

By | March 8th, 2022|Uncategorized|Comments Off on Los Angeles Suing Monsanto, 2 Others for Toxic PCBs in Waterways

The city of Los Angeles is suing Monsanto and two other companies for past and future costs of dealing with contamination of waterways by long-banned chemicals called polychlorinated biphenyls, or PCBs, the city attorney announced Monday. Long-lasting PCBs were used …

9 03, 2022

People Moves: EPIC Adds Lucero in California; CLARA Names Cossio VP of Sales

By | March 9th, 2022|Uncategorized|Comments Off on People Moves: EPIC Adds Lucero in California; CLARA Names Cossio VP of Sales

EPIC has added Juliet Lucero in Newport Beach, California. Lucero will work with schools to identify the benefits strategies to meet short-term and long-term goals, while establishing programs to address the needs of school employees. Lucero was previously assistant vice …

9 03, 2022

GM Financial to Pay Massachusetts $1.8M Over Alleged Delays in GAP Insurance Refunds

By | March 9th, 2022|Uncategorized|Comments Off on GM Financial to Pay Massachusetts $1.8M Over Alleged Delays in GAP Insurance Refunds

GM Financial, an automobile financing company, has agreed to pay more than $1.8 million to resolve allegations that the company’s business practices violated Massachusetts state consumer protection laws. Attorney General Maura Healey’s office alleged that Americredit Financial Services, Inc., d/b/a …

9 03, 2022

Rhode Island Supreme Court Rules ‘Civil Death’ Law for Inmates Is Unconstitutional

By | March 9th, 2022|Uncategorized|Comments Off on Rhode Island Supreme Court Rules ‘Civil Death’ Law for Inmates Is Unconstitutional

An archaic Rhode Island law that says prison inmates serving life sentences are considered civilly dead in terms of their civil rights is unconstitutional, the state Supreme Court ruled in a landmark decision released Wednesday. The 1909 law says inmates …

9 03, 2022

Florida Class Action Wants Answer: Must Insurer Pay Attorney Fees for Pre-Suit Notices?

By | March 9th, 2022|Uncategorized|Comments Off on Florida Class Action Wants Answer: Must Insurer Pay Attorney Fees for Pre-Suit Notices?

Florida’s Senate Bill 76, signed into law last June, was supposed to help reduce insurance claims litigation by making policyholders give 10-day notice before they file suit. The idea was to give insurers a little more time to settle, re-inspect …

9 03, 2022

Iowa Tornadoes Deadliest Since 2008; Storm Caused Estimated $1 Billion in Damage

By | March 9th, 2022|Uncategorized|Comments Off on Iowa Tornadoes Deadliest Since 2008; Storm Caused Estimated $1 Billion in Damage

Four of the seven people killed in devastating storms that tore through central Iowa were members of the same family who had sought shelter inside a home that was razed by a powerful tornado, authorities said. Two children, their father …

9 03, 2022

Texas Oilfield Company Charged With Workers Safety, Environmental Crimes

By | March 9th, 2022|Uncategorized|Comments Off on Texas Oilfield Company Charged With Workers Safety, Environmental Crimes

A federal grand jury in Midland, Texas, returned an indictment charging an oilfield company and an executive of the company with worker safety and environmental crimes. According to court documents, Aghorn Operating Inc. owns and operates oil wells and leases …

9 03, 2022

Britain Unveils New Aviation Sanctions Against Russia

By | March 9th, 2022|Uncategorized|Comments Off on Britain Unveils New Aviation Sanctions Against Russia

Britain unveiled on Wednesday new aviation sanctions giving it the power to detain any Russian aircraft and banning exports of aviation or space-related goods to Russia. Britain will also strengthen its ban on Russian aircraft, making it a criminal offense …

9 03, 2022

London’s Marine Insurers Widen High-Risk Shipping Areas as Ukraine Conflict Escalates

By | March 9th, 2022|Uncategorized|Comments Off on London’s Marine Insurers Widen High-Risk Shipping Areas as Ukraine Conflict Escalates

London’s marine insurance market has widened the area of waters around the Black Sea and Sea of Azov that it deems high risk as Russia’s invasion of Ukraine intensifies and perils to merchant shipping grow. The insurance industry’s Joint War …

9 03, 2022

Sanctions Against Russia ‘Manageable’ for UK Insurers, Banks: Regulator

By | March 9th, 2022|Uncategorized|Comments Off on Sanctions Against Russia ‘Manageable’ for UK Insurers, Banks: Regulator

Sanctions against Russia in response to its invasion of Ukraine are “manageable” for Britain’s insurers and wider financial sector, Bank of England Deputy Governor Sam Woods said on Tuesday. Britain is banning Russian companies from the multi-billion-dollar aviation and space …