Louisiana insurance regulators have proposed separate pieces of legislation that would promote the writing of private flood insurance in the state and increase penalties associated with staged auto accidents. A third bill would expand the authority of the insurance commissioner …
An insurance company for the City of Cedar Rapids, Iowa, will pay $8 million to a Black motorist who was paralyzed after a white police officer shot him during a 2016 traffic stop, both sides announced on April 19. The …
A food plant employee is suing his Walworth County, Wisconsin, employer alleging he contracted the coronavirus at work and infected his wife who died from the disease. Rigoberto Ruiz, of Beloit, says ConAgra Foods didn’t enforce a policy to ensure …
A Minnesota bar and restaurant will pay $15,000 to settle a lawsuit over violations of the governor’s COVID-19 restrictions orders. Minnesota Attorney General Keith Ellison said his office has settled its lawsuit against New Prague eatery, St. Patrick’s Tavern & …
A Tennessee judge has set a July 26 start for a trial to decide damages against an opioid manufacturer in a lawsuit over the company’s role in the epidemic. Sullivan County Circuit Court Chancellor E.G. Moody set the date earlier …
Insurance broker AssuredPartners announced that Tom Riley has resigned as chief executive officer of the company to “pursue other investment opportunities and devote more time to his family and charitable interests.” The company said the board of directors has accepted …
Insurance broker Marsh announced that Steven Capace and Bryan Salek have joined the firm to co-lead its U.S. Government Contracting Practice. In this dual leadership role, Capace and Salek will head a team responsible for services that address government contractors’ …
Carriers are starting to report their pretax catastrophe loss estimates for the 2021 first quarter, and the numbers are significant. Below are preliminary numbers from Allstate, Arch, AXIS, and The Hanover. *** The Allstate Corp. said it had nearly $1.7 …
After many years of trying, Florida is closer than ever to repealing its 50-year-old motor vehicle no-fault law. However, many industry stakeholders have expressed opposition legislation passed by the Florida Senate last week and its companion bill approved by the …
Bermuda-based Everest Re Group Ltd. estimates pre-tax catastrophe losses for the first quarter of $260 million. Breaking down that total, Everest said the Texas winter storms will cost $250 million, while Australia’s New South Wales floods will cost $10 million. …