News Archives - Insurance Journal

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10 06, 2024

Austin Flood Mitigation Makes Residents Eligible for 25% Insurance Discount

By | June 10th, 2024|Uncategorized|Comments Off on Austin Flood Mitigation Makes Residents Eligible for 25% Insurance Discount

Austin residents can now receive up to a 25% discount on their flood insurance thanks to the city’s upgraded Community Rating System score from the Federal Emergency Management Agency (FEMA). Last month, FEMA notified the City of Austin that it …

10 06, 2024

Freighter Ship in Lake Superior Collided with Something Underwater: Coast Guard

By | June 10th, 2024|Uncategorized|Comments Off on Freighter Ship in Lake Superior Collided with Something Underwater: Coast Guard

AULT STE. MARIE, Mich. (AP) — A freighter in Lake Superior hit something underwater on Saturday and started taking on water, according to the U.S. Coast Guard. The Coast Guard Great Lakes district received reports about 6:53 a.m. that a …

10 06, 2024

Financiers Plan to Launch Texas Stock Exchange

By | June 10th, 2024|Uncategorized|Comments Off on Financiers Plan to Launch Texas Stock Exchange

DALLAS (AP) — A group of financial firms and investors is planning to launch a Texas-based private market stock exchange and offer traders an alternative to the New York Stock Exchange and Nasdaq. The group, which includes BlackRock, Citadel Securities …

10 06, 2024

Attempted Bribe Doesn’t Stop Jurors From Convicting Defendants in $40M Fraud Scheme

By | June 10th, 2024|Uncategorized|Comments Off on Attempted Bribe Doesn’t Stop Jurors From Convicting Defendants in $40M Fraud Scheme

MINNEAPOLIS (AP) — A jury convicted five Minnesota residents and acquitted two others on Friday for their roles in a scheme to steal more than $40 million from a program that was supposed to feed children during the coronavirus pandemic. …

10 06, 2024

Supreme Court Seeks U.S. Government Views on Honolulu Climate Suit Against Oil Companies

By | June 10th, 2024|Uncategorized|Comments Off on Supreme Court Seeks U.S. Government Views on Honolulu Climate Suit Against Oil Companies

The U.S. Supreme Court on Monday asked President Joe Biden’s administration to offer its views on a bid by Sunoco and other oil companies to scuttle a lawsuit by Honolulu accusing them of deceiving the public about climate change. The …

10 06, 2024

US Supreme Court to Hear Facebook Bid to Scuttle Shareholder Lawsuit

By | June 10th, 2024|Uncategorized|Comments Off on US Supreme Court to Hear Facebook Bid to Scuttle Shareholder Lawsuit

The U.S. Supreme Court agreed on Monday to hear a bid by Meta’s Facebook to scuttle a private securities fraud lawsuit accusing the social media platform of misleading investors in 2017 and 2018 about the misuse of its user data …

10 06, 2024

People Moves: Alliant Grows Midwest Benefits Team with Richard as VP, Schmidt as SVP

By | June 10th, 2024|Uncategorized|Comments Off on People Moves: Alliant Grows Midwest Benefits Team with Richard as VP, Schmidt as SVP

Alliant Insurance Services, headquartered in Irvine, California, expanded its Midwest team by adding Matt Richard as vice president and Tricia Schmidt as senior vice president within its employee benefits group. Richard, based in Kentucky, has more than 20 years of …

7 06, 2024

Close Call at South Carolina Bridge as Out-of-Control Freighter Loses Power

By | June 7th, 2024|Uncategorized|Comments Off on Close Call at South Carolina Bridge as Out-of-Control Freighter Loses Power

A large cargo ship lost control of its engines and went nearly full throttle through a South Carolina harbor Wednesday, prompting the closure of one of the busiest bridges in the state. Harbor pilots were able to help the nearly …

7 06, 2024

Netflix Sued in $170M ‘Baby Reindeer’ Defamation Lawsuit

By | June 7th, 2024|Uncategorized|Comments Off on Netflix Sued in $170M ‘Baby Reindeer’ Defamation Lawsuit

Netflix was sued on Thursday for at least $170 million by a Scottish woman who said she was defamed over her portrayal as a stalker in the hit mini-series “Baby Reindeer.” The plaintiff Fiona Harvey has publicly claimed to be …

7 06, 2024

Texas County to Pay Female Deputies $1.5M to Settle Sexual Misconduct Suit

By | June 7th, 2024|Uncategorized|Comments Off on Texas County to Pay Female Deputies $1.5M to Settle Sexual Misconduct Suit

HOUSTON (AP) — A Texas county has agreed to pay a group of female deputies $1.5 million to settle a federal lawsuit that claimed they were abused and harassed when a constable’s office turned undercover operations into a drunken “playground …