News Archives - Insurance Journal

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6 06, 2024

Iowa to Pay $3.5M to Family of Student Who Drowned in Rowing Accident

By | June 6th, 2024|Uncategorized|Comments Off on Iowa to Pay $3.5M to Family of Student Who Drowned in Rowing Accident

DES MOINES, Iowa (AP) — Iowa officials agreed Tuesday to pay $3.5 million in a settlement agreement with the family of an Iowa State University student who drowned after a school crew club boat capsized in cold, rough waters. The …

6 06, 2024

US Regulators to Open Antitrust Inquiries of Microsoft, OpenAI and Nvidia

By | June 6th, 2024|Uncategorized|Comments Off on US Regulators to Open Antitrust Inquiries of Microsoft, OpenAI and Nvidia

The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry, according to a source …

6 06, 2024

ALKEME Acquires Louisiana’s Hardwick Insurance

By | June 6th, 2024|Uncategorized|Comments Off on ALKEME Acquires Louisiana’s Hardwick Insurance

ALKEME, announced the acquisition of Hardwick Insurance, a commercial and personal specialist located in Lafayette, Louisiana. This strategic acquisition marks ALKEME’s expansion in the Southern United States and enhances its portfolio with Hardwick’s specialized expertise in commercial and personal insurance, …

6 06, 2024

Green Bay Packers’ Jordan Love Named American Family Insurance Brand Ambassador

By | June 6th, 2024|Uncategorized|Comments Off on Green Bay Packers’ Jordan Love Named American Family Insurance Brand Ambassador

American Family Insurance announced today Jordan Love, Green Bay Packers quarterback, has signed on as the company’s newest brand ambassador. Jordan becomes the latest addition to this group of fearless dreamers, who will continue the company’s strategy of promoting and …

6 06, 2024

State Work-Release Prisoner Killed in Blast While Welding Fuel Tank

By | June 6th, 2024|Uncategorized|Comments Off on State Work-Release Prisoner Killed in Blast While Welding Fuel Tank

A state prisoner on a work-release program was killed in a fuel tank explosion while he was working as a welder for an employer in Rockport, the Maine Department of Corrections said last Saturday. Sean Rancourt was welding the diesel …

6 06, 2024

Private Equity Firm Invests in Injured Worker Case Manager Allegiant Medical Care

By | June 6th, 2024|Uncategorized|Comments Off on Private Equity Firm Invests in Injured Worker Case Manager Allegiant Medical Care

Council Capital, a healthcare-focused private equity firm, has acquired Allegiant Managed Care, a nurse case management company providing services within workers’ compensation and other property/casualty insurance lines. Terms of the transaction were not disclosed. Based in Pittsburgh, Allegiant Managed Care …

6 06, 2024

PacifiCorp to Pay $178M in Latest Settlement Over Deadly 2020 Oregon Blazes

By | June 6th, 2024|Uncategorized|Comments Off on PacifiCorp to Pay $178M in Latest Settlement Over Deadly 2020 Oregon Blazes

Pacific Power, part of PacifiCorp, said Monday it has agreed to a $178 million settlement with over 400 Oregon plaintiffs in the latest multimillion-dollar payout related to the deadly 2020 wildfires that ravaged the state. In other cases that have …

6 06, 2024

People Moves: PCF Insurance Services Names Gray Chief Financial Officer

By | June 6th, 2024|Uncategorized|Comments Off on People Moves: PCF Insurance Services Names Gray Chief Financial Officer

PCF Insurance Services named Brandon Gray chief financial officer. Gray, who joined PCF in March 2023, previously served as the company’s senior vice president and treasurer. His promotion to CFO follows Felix Morgan’s December 2023 appointment to CEO from his …

6 06, 2024

Only a Third of $2.7M Stolen in Miss. County Hacking Scam Has Been Returned

By | June 6th, 2024|Uncategorized|Comments Off on Only a Third of $2.7M Stolen in Miss. County Hacking Scam Has Been Returned

CANTON, Miss. (AP) — Madison County has recovered an estimated $900,000 after an investigation found that the county was defrauded out of millions of tax dollars, authorities said Monday. Sheriff Randy Tucker updated the Board of Supervisors on Monday about …

6 06, 2024

Mississippi Judge Affirms Settlement After 62-year-old Died in Police Encounter

By | June 6th, 2024|Uncategorized|Comments Off on Mississippi Judge Affirms Settlement After 62-year-old Died in Police Encounter

JACKSON, Miss. (AP) — A judge has ordered the enforcement of a lawsuit settlement between Mississippi’s capital city and the family of a man who died after police officers pulled him from a car while searching for a murder suspect. …