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11 07, 2022

Ford Recalls 100,000 Vehicles for Fire Risks, Expands Earlier Recall

By | July 11th, 2022|Uncategorized|Comments Off on Ford Recalls 100,000 Vehicles for Fire Risks, Expands Earlier Recall

Ford Motor Co. said July 8 it is issuing a new recall for 100,000 U.S. hybrid vehicles over fire risks, and expanding an earlier recall after a series of reported fires. The new recall covers certain 2020 through 2022 model-year …

11 07, 2022

Insurers Wrangle Over Amber Heard Defamation Costs

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A little over a month after a jury found that actress Amber Heard had defamed ex-husband Johnny Depp, one insurer of Heard is asking a court to rule it has no obligation to indemnify her. New York Marine and General …

11 07, 2022

Louisiana Identifies State’s First Known Case of Monkeypox

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Louisiana’s first detected cases of monkeypox have been found in a state resident and a visitor from out of state, the Louisiana Department of Health reported last week. “There are likely more undiagnosed human cases of monkeypox existing in Louisiana …

11 07, 2022

Michigan Shop That Sold Gun in School Shooting Named in Suit

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The parents of a teenager wounded during a mass shooting at Oxford High School in Michigan are suing the shop that sold the handgun used to kill four students and injure six other people. The complaint filed last week in …

11 07, 2022

Worker Dies at Western Michigan Plant

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A worker died in an accident July 7 at a Gerber Products Co. plant in western Michigan, parent company Nestle said. The employee was working on repairs to a production line when the accident occurred around 2 p.m., the company …

11 07, 2022

Applied Underwriters Bumps All Staff Salaries 10% to ‘Keep Up With Inflation’

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Applied Underwriters on July 11 said it increased staff salaries across the board by 10% to keep up with inflation and its implications. The dramatic adjustment, far outpacing industry averages, came as predictions of inflation made by the company’s lead …

11 07, 2022

Iowa Man Charged With Insurance Fraud

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Stephen Allen Allgood Jr., age 33, of Eddyville, was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) following an investigation by the Iowa Insurance Division’s Fraud Bureau.The charges against Allgood stem from an investigation …

11 07, 2022

Texas Power Grid Operator Warns of Rolling Blackouts Amid Record Heat

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\The operator of Texas’s power grid on Sunday called on state residents for the second time this year to conserve energy, warning of potential rolling blackouts amid predictions for record-high temperatures on Monday. The state faces a “potential reserve capacity …

11 07, 2022

Consumers See Inflation Picking Up in Year Ahead but Moderating Over Longer Term

By | July 11th, 2022|Uncategorized|Comments Off on Consumers See Inflation Picking Up in Year Ahead but Moderating Over Longer Term

U.S. consumers see inflation rising further in the year ahead but expect a more moderate pace over the longer term in a signal that inflation expectations – a key dynamic being closely watched by Federal Reserve officials – remain reasonably …

11 07, 2022

Digital Insurer Ranger Raises $5.25M With Assist From A-Rod for Agent Platform

By | July 11th, 2022|Uncategorized|Comments Off on Digital Insurer Ranger Raises $5.25M With Assist From A-Rod for Agent Platform

Digital insurer Ranger said it just closed a $5.25 million seed round to further its development of a digital platform that promises to modernize the role of insurance agents, evolving their role into a home protection advisor. The round was …