News Archives - Insurance Journal

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1 08, 2024

Appeals Court Tosses Appian’s $2 Billion Verdict Against Pegasystems

By | August 1st, 2024|Uncategorized|Comments Off on Appeals Court Tosses Appian’s $2 Billion Verdict Against Pegasystems

Software company Pegasystems convinced a Virginia appeals court on Tuesday to throw out a $2 billion jury verdict for rival Appian in a court battle over Pegasystems’ alleged theft of Appian’s trade secrets. The award from 2022 had been the …

1 08, 2024

Liberty University, Jerry Falwell Jr. Settle Legal and Personal Disputes

By | August 1st, 2024|Uncategorized|Comments Off on Liberty University, Jerry Falwell Jr. Settle Legal and Personal Disputes

Four years after Jerry Falwell Jr. resigned as the head of Liberty University amid a series of personal scandals, he and the evangelical school founded by his father have announced a settlement of “all outstanding disputes on both legal and …

1 08, 2024

Wood Pellet Production Boomed in the South to Meet Demand. It’s Come at a Cost

By | August 1st, 2024|Uncategorized|Comments Off on Wood Pellet Production Boomed in the South to Meet Demand. It’s Come at a Cost

GLOSTER, Miss. (AP) — This southern Mississippi town’s expansive wood pellet plant was so close to Shelia Mae Dobbins’ home that she sometimes heard company loudspeakers. She says industrial residues coated her truck and she no longer enjoys spending time …

1 08, 2024

Some Ohio Residents Can Now Get $25,000 for Injuries in 2023 Train Derailment

By | August 1st, 2024|Uncategorized|Comments Off on Some Ohio Residents Can Now Get $25,000 for Injuries in 2023 Train Derailment

People who live near East Palestine, Ohio, can now get $25,000 apiece for any injuries they sustained after last year’s Norfolk Southern freight train derailment on top of whatever money they get for property damage as part of the $600 …

1 08, 2024

Officials Cleaning Up Oil Spill in Southern Louisiana Parish

By | August 1st, 2024|Uncategorized|Comments Off on Officials Cleaning Up Oil Spill in Southern Louisiana Parish

NEW ORLEANS (AP) — A storage tank spilled tens of thousands of gallons of crude oil in a southern Louisiana parish, threatening drinking water and wildlife as officials work to clean it up. The storage tank spilled Saturday morning southwest …

1 08, 2024

Symphony Risk Opens Austin Office, Names Burns President of Specialty Business

By | August 1st, 2024|Uncategorized|Comments Off on Symphony Risk Opens Austin Office, Names Burns President of Specialty Business

Symphony Risk Solutions announced it is opening an office in Austin, Texas to be led by Matt Burns, who was named president of the firm’s growing specialty business. As the leader of Symphony Build, Burns will oversee due diligence, evaluation, …

1 08, 2024

Missouri Trucking Company Sued for Refusing to Hire a Deaf Job Applicant

By | August 1st, 2024|Uncategorized|Comments Off on Missouri Trucking Company Sued for Refusing to Hire a Deaf Job Applicant

The U.S. Equal Employment Opportunity Commission (EEOC) sued Missouri- based trucking company Transportation Management Group, doing business as Wilson Logistics, for violating federal law when it refused to hire a deaf job applicant because of his disability. According to the …

1 08, 2024

District of Columbia Sues StubHub Claiming It Inflates Ticket Prices With Deceptive Fees

By | August 1st, 2024|Uncategorized|Comments Off on District of Columbia Sues StubHub Claiming It Inflates Ticket Prices With Deceptive Fees

The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees. The practice known as “drip pricing” violates consumer protection laws in the …

1 08, 2024

Ardonagh’s Geo Underwriting to Acquire Navigators & General

By | August 1st, 2024|Uncategorized|Comments Off on Ardonagh’s Geo Underwriting to Acquire Navigators & General

Geo Underwriting, the managing general agency and subsidiary of Ardonagh Advisory, announced it will acquire Navigators & General (N&G) from Zurich UK. Financial details of the deal were not disclosed. Founded in 1921 by Captain William Coombs, a merchant navy …

1 08, 2024

Arch Completes Acquisition of Allianz’s U.S. MidCorp and Entertainment Businesses

By | August 1st, 2024|Uncategorized|Comments Off on Arch Completes Acquisition of Allianz’s U.S. MidCorp and Entertainment Businesses

Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will provide continuity to clients and brokers as Arch …