A Florida public adjuster, already facing prosecution for similar alleged misappropriation in 2024, now stands accused of diverting more than $600,000 in insurance settlements for homeowners hit by Hurricane Ian. Francisco Javier Chaparro-Araus, 46, of All Elements Public Adjusters in …
An armed man who crashed his pickup truck into a major Detroit-area synagogue earlier in March was inspired by the Iran-backed militant group Hezbollah and had sought to inflict as much damage as he could on Jewish people, the FBI …
A federal judge on Tuesday said former Twitter investors who accused Elon Musk of defrauding them by waiting too long to disclose his initial investment in the social media company may pursue their case as a class action. The decision …
A 15-year-old student shot a teacher at a Texas high school and then fatally shot himself Monday, according to authorities, who were still investigating what led to the early morning attack. No other injuries were reported at Hill Country College …
Texas Attorney General Ken Paxton filed a lawsuit against Permian Basin Containers, LLC (“PBC”) and related entities for violations of Texas environmental laws and regulations after the company caused a catastrophic chemical fire in Odessa that endangered public health. Paxton …
Pennsylvania Attorney General Dave Sunday announced charges against a York County man accused of buying scrapped vehicles at a bargain, insuring them, and reporting accidents that never happened to receive lucrative insurance payouts. Taofiq Salami, of York Haven, has been …
A New York judge has ruled that former New York Mayor Rudy Giuliani must face a $10 million lawsuit accusing him of sexual assault, sexual harassment, and wage theft. Judge Nicholas Moyne, of the state Supreme Court for New York …
AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Cities and Villages Mutual Insurance Company based in Wauwatosa, Wisconsin. …
The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans under the market regulator’s trimmed, final bill for one of Britain’s costliest financial mis-selling scandals. The headline number, unveiled by …
It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural transition driven primarily …