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2 12, 2022

EU Agrees to $60 Price Cap for Russian Oil, Allowing Buyers to Access Insurance

By | December 2nd, 2022|Uncategorized|Comments Off on EU Agrees to $60 Price Cap for Russian Oil, Allowing Buyers to Access Insurance

The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for a wider Group of Seven deal, according to a Polish diplomat. The price is higher than where Russia already sells …

29 11, 2022

Hilb Group Acquires Sharpline Brokerages of Pennsylvania

By | November 29th, 2022|Uncategorized|Comments Off on Hilb Group Acquires Sharpline Brokerages of Pennsylvania

The Hilb Group announced that it has acquired Pennsylvania-based Sharpline Insurance Brokerages, expanding its property/casualty presence throughout the Mid-Atlantic. Based in King of Prussia, Pennsylvania, Sharpline Insurance Brokerages, through their subsidiaries Madison Risk Group and Trinity Asset Protection, specialize in …

29 11, 2022

Albertsons, Kroger CEOs to Defend $25B Merger to Skeptical U.S. Senators

By | November 29th, 2022|Uncategorized|Comments Off on Albertsons, Kroger CEOs to Defend $25B Merger to Skeptical U.S. Senators

Top executives at Kroger Co. and Albertsons Companies Inc. are expected to face tough questions on Tuesday from lawmakers who worry the grocers’ planned $25 billion merger will push up food prices at a time when inflation is a concern. …

29 11, 2022

Ohio Court Revives Wrongful Death Claim in Walmart Shooting

By | November 29th, 2022|Uncategorized|Comments Off on Ohio Court Revives Wrongful Death Claim in Walmart Shooting

CINCINNATI (AP) – A federal appeals court has revived a wrongful death claim against Walmart by the family of a Black man who was fatally shot by a white police officer inside an Ohio store after picking up a pellet …

29 11, 2022

Liability Finding in Ohio St. Football Standout Rape Allegation to be Appealed

By | November 29th, 2022|Uncategorized|Comments Off on Liability Finding in Ohio St. Football Standout Rape Allegation to be Appealed

An attorney is vowing an appeal for a woman found liable by a civil jury for malicious prosecution in a rape allegation she made against a former Ohio State football standout more than five years ago. The woman’s attorney, Patrick …

29 11, 2022

Illinois Supreme Court: Tenants not Covered by Landlord’s Insurance Policy

By | November 29th, 2022|Uncategorized|Comments Off on Illinois Supreme Court: Tenants not Covered by Landlord’s Insurance Policy

An insurer has no duty to defend the tenants of an insured property against a third-party negligence contribution claim, the Illinois Supreme Court ruled Monday. In a unanimous decision, the state high court reversed the Third District Appellate Court and …

29 11, 2022

Texas DWC to Host Presentation on Amendments to Administrative Code

By | November 29th, 2022|Uncategorized|Comments Off on Texas DWC to Host Presentation on Amendments to Administrative Code

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) informally proposes amendments to 28 Texas Administrative Code (TAC) Chapter 133, General Medical Provisions and 28 TAC Chapter 134, Benefits–Guidelines for Medical Services, Charges, and Payments to improve the designated …

29 11, 2022

NFP Acquires Olson & Olson in Colorado

By | November 29th, 2022|Uncategorized|Comments Off on NFP Acquires Olson & Olson in Colorado

NFP acquired Olson & Olson Insurance Services Inc. in Denver, Colorado. Firm leaders Darrell Olson II and Lance Olson will join NFP and report to John Hohman, president, West region, NFP. Olson & Olson is an insurance broker with capabilities …

29 11, 2022

Houston Lifts Boil-Water Notice

By | November 29th, 2022|Uncategorized|Comments Off on Houston Lifts Boil-Water Notice

Houston residents are safe to use and drink tap water again after the city lifted its boil-water notice early Tuesday morning for all customers. “Customers should flush their water system by running cold-water faucets for at least one minute, cleaning …

29 11, 2022

Report from California Insurers Calls for More Freedom to Use Wildfire Catastrophe Models

By | November 29th, 2022|Uncategorized|Comments Off on Report from California Insurers Calls for More Freedom to Use Wildfire Catastrophe Models

Associations representing insurers operating in California on Tuesday released an analysis from Milliman showing wildfire catastrophe models would improve homeowners’ access to insurance in the face of climate-induced wildfire risk. The analysis was commissioned by the Personal Insurance Federation of …