The European Union is starting to prepare the region’s next stress test to measure the financial sector’s readiness for climate change, with the exercise set to involve the insurance industry for the first time. The European Commission last week asked …
Florida authorities have charged a Miami-area homeowner with fabricating and inflating damage estimates to his home in an attempt to defraud Tokio Marine Insurance Co. out of thousands of dollars. Trevor Lawrence Taylor, 50, was arrested this week and booked …
McClenny Moseley & Associates filed more than 2,000 hurricane-damage lawsuits in Louisiana, but now appears to have no attorneys left in the state to pursue them. Three attorneys who once worked in MMA’s New Orleans office have posted notice on …
Mic De Fazio has joined Woodruff Sawyer in a new role as regional growth leader for the Southwest region. De Fazio will lead a team of specialized producers in efforts to design and build new growth initiatives. Prior to joining …
A lawsuit over the death of a man who was killed by Oregon State Police outside his home in southern Oregon in 2015 has been settled for $1.6 million after a lengthy legal odyssey, the Grants Pass Daily Courier reported. …
A Connecticut jury has delivered a $20 million verdict for the widow and family of John Peckham, who died in 2020 from mesothelioma after being exposed to asbestos while working with DAP “33” window glaze in the 1960s. The two …
Auto insurance and tort-reform groups are celebrating after a subcommittee of the Florida House Banking and Insurance Committee approved a bill that would ban assignment-of-benefits agreements for windshield repairs, a measure that proponents hope will stem a flood of litigation …
Less than eight months after two of Alabama’s oldest insurance agencies merged to create the Where Relationships Matter Group, the group has taken on another agency with offices in the southeast part of the state. WRM Group announced that it …
Silicon Valley Bank’s lack of a chief risk officer for much of last year is being examined by the Federal Reserve as part of its probe of the bank’s failure, two people familiar with the matter said. SVB revealed in …
U.S. Transportation Secretary Pete Buttigieg said on Tuesday that a series of aviation close calls was “deeply troubling and deserve our immediate attention.” The Federal Aviation Administration (FAA) is holding a safety summit on Wednesday with airlines, unions, airports and …