27 09, 2023

Could Appeal Decision in Florida Roof Case Lead to More Expert Witness Challenges?

By | September 27th, 2023|Uncategorized|Comments Off on Could Appeal Decision in Florida Roof Case Lead to More Expert Witness Challenges?

Universal Property & Casualty Insurance Co. will have to go back to court to show how an insured’s roof expert was in error when he used questionable data and failed to inspect the claimed damage before a south Florida home …

27 09, 2023

Markets/Coverages: Bold Penguin Partnering With NEXT Insurance

By | September 27th, 2023|Uncategorized|Comments Off on Markets/Coverages: Bold Penguin Partnering With NEXT Insurance

Bold Penguin has partnered with NEXT Insurance, a leading technology-first small business insurer, to enhance small business coverage options on the Bold Penguin Terminal. Per a press release, through this partnership, Bold Penguin users will gain access to NEXT’s General …

28 09, 2023

Boston Employment Agency Owner Sentenced for Tax and Workers’ Compensation Fraud

By | September 28th, 2023|Uncategorized|Comments Off on Boston Employment Agency Owner Sentenced for Tax and Workers’ Compensation Fraud

A Dorchester woman was sentenced recently in federal court in Boston for tax and workers’ compensation fraud offenses in connection with her operation of a temporary employment agency. Dam Ngoc Luong, 70, was sentenced by U.S. District Court Judge Leo …

27 09, 2023

Kia, Hyundai Recall 3.37 Million US Vehicles over Fire Risks

By | September 27th, 2023|Uncategorized|Comments Off on Kia, Hyundai Recall 3.37 Million US Vehicles over Fire Risks

WASHINGTON –– Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to park outside and away from structures until repairs are complete. The automakers say internal …

27 09, 2023

Insurance Broker in Menendez Case Allegedly Got Senator’s Help With Fraud Charge

By | September 27th, 2023|Uncategorized|Comments Off on Insurance Broker in Menendez Case Allegedly Got Senator’s Help With Fraud Charge

The defendants in the corruption case involving U.S. Senator Robert Menendez include a former New Jersey insurance broker who was convicted of premium fraud in 2011 and lost his insurance license. Jose Uribe allegedly got involved with Menendez in his …

25 09, 2023

AM Best Tweaks State Farm Outlook to Negative After Weather, Regulatory Issues

By | September 25th, 2023|Uncategorized|Comments Off on AM Best Tweaks State Farm Outlook to Negative After Weather, Regulatory Issues

The AM Best financial rating firm has downgraded its outlook for multiple State Farm insurance companies due to weather losses and regulations that the firm said hinder the insurance giant’s ability to adequately raise rates. “The negative outlooks on the …

25 09, 2023

Florida Agriculture Losses from Idalia Reach $78M to $371M, Study Says

By | September 25th, 2023|Uncategorized|Comments Off on Florida Agriculture Losses from Idalia Reach $78M to $371M, Study Says

ST. PETERSBURG, Fla. (AP) — Florida agriculture losses from Hurricane Idalia are estimated at between $78 million and $371 million, with farmers also suffering widespread damage to such infrastructure as irrigation rigs and fences, according to a preliminary report Thursday …

25 09, 2023

People Moves: Hilb Group Names Lamb, Cohen to Tri-State Roles

By | September 25th, 2023|Uncategorized|Comments Off on People Moves: Hilb Group Names Lamb, Cohen to Tri-State Roles

Insurance broker The Hilb Group has named two new company leaders for the New York region. Gabrielle Lamb will be speciality platform leader, overseeing growth in property-casualty offerings for real estate, transportation, medical professional liability and other industries, the Virginia-based …

28 09, 2023

Illinois Appellate Panel Relieves Freight Broker of Liability for $18M Jury Verdict

By | September 28th, 2023|Uncategorized|Comments Off on Illinois Appellate Panel Relieves Freight Broker of Liability for $18M Jury Verdict

A freight broker is not liable for an $18 million jury award to the mother of a teenage boy who suffered a brain injury when he was struck by a truck, an Illinois appellate court ruled Wednesday. A panel of …

25 09, 2023

Spyware Hacking of Egyptian Oppo Leader Prompts Updates from Apple

By | September 25th, 2023|Uncategorized|Comments Off on Spyware Hacking of Egyptian Oppo Leader Prompts Updates from Apple

BOSTON (AP) — A leading Egyptian opposition politician was targeted with spyware after announcing a presidential bid, security researchers reported Friday. They said Egyptian authorities were likely behind the attempted hack. Discovery of the attempt last week by researchers at …