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24 10, 2022

Few Insurers Offer Input on Future of the Federal Home Loan Bank System

By | October 24th, 2022|Uncategorized|Comments Off on Few Insurers Offer Input on Future of the Federal Home Loan Bank System

Very few insurance companies showed up this month to talk about the future of the much-debated, 90-year-old Federal Home Loan Bank System, despite the fact that the system lends heavily to many large insurers at low interest rates, for a …

24 10, 2022

Court Revives Louisiana Wetlands Damage Suit Against Big Oil

By | October 24th, 2022|Uncategorized|Comments Off on Court Revives Louisiana Wetlands Damage Suit Against Big Oil

NEW ORLEANS (AP) – A federal appeals court has ordered a nine-year-old lawsuit filed against oil and gas companies over damage to Louisiana’s wetlands to be returned to state court for trial, potentially clearing the way for at least 41 …

24 10, 2022

Wisconsin Apartment Fire Kills 7

By | October 24th, 2022|Uncategorized|Comments Off on Wisconsin Apartment Fire Kills 7

Seven people died in an apartment fire early Friday, Oct. 21 in the southern Wisconsin village of Hartland, the police chief said. “This is an active criminal investigation by the Hartland Police Department,” police Chief Torin Misko said at a …

24 10, 2022

People Moves: MS Amlin Appoints TMK’s Evans as Senior Underwriter, Marine Reinsurance; WTW Global Aerospace Heath Names PIIQ’s Heath to Lead Aerospace

By | October 24th, 2022|Uncategorized|Comments Off on People Moves: MS Amlin Appoints TMK’s Evans as Senior Underwriter, Marine Reinsurance; WTW Global Aerospace Heath Names PIIQ’s Heath to Lead Aerospace

MS Amlin Appoints TMK’s Evans as Senior Underwriter, Marine Reinsurance MS Amlin Underwriting Ltd., the Lloyd’s market re/insurer, announced the appointment of Paul Evans as senior underwriter Marine Reinsurance. Evans will take up the role on Nov. 1 and will …

24 10, 2022

South Dakota Pot Legalization Effort Facing Resistance

By | October 24th, 2022|Uncategorized|Comments Off on South Dakota Pot Legalization Effort Facing Resistance

SIOUX FALLS, S.D. (AP) – When it comes to marijuana, South Dakota has been a leader among its Great Plains neighbors: one of the first to legalize recreational use, the first to approve both medical and recreational forms on the …

24 10, 2022

Louisiana’s Donelon Traveling to London to Meet With Lloyd’s

By | October 24th, 2022|Uncategorized|Comments Off on Louisiana’s Donelon Traveling to London to Meet With Lloyd’s

The Louisiana Department of Insurance (LDI) announced Commissioner Jim Donelon is traveling to London this week to meet with leaders from Lloyd’s of London (Lloyd’s) and the International Underwriting Association of London (IUA). During the meetings, Commissioner Donelon will provide …

14 10, 2022

New Jersey Eyes Gun Carry Legislation Including Insurance Requirement

By | October 14th, 2022|Uncategorized|Comments Off on New Jersey Eyes Gun Carry Legislation Including Insurance Requirement

New Jersey Democrats say they are going to take a shot at passing new gun legislation similar to New York’s even thought that state’s law is facing a court challenge. Assembly Speaker Craig J. Coughlin and Senate President Nick Scutari, …

14 10, 2022

Bayer to Challenge $275M Washington Jury Verdict Over PCB Injury Claims

By | October 14th, 2022|Uncategorized|Comments Off on Bayer to Challenge $275M Washington Jury Verdict Over PCB Injury Claims

Germany’s Bayer BAYGn.DE said on Friday it plans to legally challenge a jury verdict awarding $275 million to a group of people claiming they suffered from exposure to PCB, a chemical that Bayer’s Monsanto business produced until 1977. Bloomberg and …

14 10, 2022

Oldest Black-Owned Insurance Company Goes Quietly into Liquidation

By | October 14th, 2022|Uncategorized|Comments Off on Oldest Black-Owned Insurance Company Goes Quietly into Liquidation

After more than 120 years, the oldest black-owned insurance company in the United States has all but come to an end, and will soon be liquidated. North Carolina Mutual Life Insurance Co., which began in 1898 and whose iconic headquarters …

14 10, 2022

California Schools Paying $52M in Suit Over Coach Sex Assaults

By | October 14th, 2022|Uncategorized|Comments Off on California Schools Paying $52M in Suit Over Coach Sex Assaults

Lawyers for children who were sexually assaulted by a high school wrestling coach have settled a lawsuit with the Los Angeles Unified School District for $52 million, they announced. Attorneys for more than a dozen children and their families announced …