24 01, 2022

VW Pays $3.5M to Settle Diesel Emissions Claims with Ohio

By | January 24th, 2022|Uncategorized|Comments Off on VW Pays $3.5M to Settle Diesel Emissions Claims with Ohio

Volkswagen AG agreed to a $3.5 million settlement with Ohio over claims the German automaker violated state laws by manipulating vehicle computer software in its vehicles to mask carbon dioxide emissions, the state attorney general said. In November, the U.S. …

27 01, 2022

Alera Group Acquires Gales Agency in Michigan

By | January 27th, 2022|Uncategorized|Comments Off on Alera Group Acquires Gales Agency in Michigan

Alera Group has acquired Gales Agency,Inc., an independent insurance agency providing a full line of insurance products including home, business, auto and life insurance policies to protect families. Gales Agency, Inc., based in Oceana County, Michigan, has four office locations, …

27 01, 2022

Appeals Court Rules Farm Bureau Must Pay in Full for Second Fire in Home

By | January 27th, 2022|Uncategorized|Comments Off on Appeals Court Rules Farm Bureau Must Pay in Full for Second Fire in Home

The United States Court of Appeals for the Eighth Circuit affirmed a district court’s ruling that Farm Bureau Property & Casualty Insurance Co. must pay the policy limit in full on the claim for the second of two fires that …

24 01, 2022

Florida Rate Hearing Highlights Southern Fidelity’s Dire Position, Lack of Action on Senate Bill

By | January 24th, 2022|Uncategorized|Comments Off on Florida Rate Hearing Highlights Southern Fidelity’s Dire Position, Lack of Action on Senate Bill

The head of one of the larger property insurance companies in Florida said Friday that without a doubling of some of its rates, it will be forced to seek more capital from investment firms, a prospect that may not be …

24 01, 2022

Sarah Palin’s Defamation Trial Against New York Times Opens

By | January 24th, 2022|Uncategorized|Comments Off on Sarah Palin’s Defamation Trial Against New York Times Opens

Palin, the former Alaska governor and 2008 Republican vice presidential nominee, has spent 4-1/2 years battling the New York Times over an editorial she said falsely linked her to a deadly Arizona mass shooting that left a U.S. congresswoman seriously …

26 01, 2022

Only 38% of 2021’s Natural Disaster Losses of $343B Were Covered by Insurance: Aon

By | January 26th, 2022|Uncategorized|Comments Off on Only 38% of 2021’s Natural Disaster Losses of $343B Were Covered by Insurance: Aon

Natural disasters cost global economies a total of $343 billion in 2021, compared with $297 billion in 2020, according to Aon’s “2021 Weather, Climate and Catastrophe Insight” report. Insured losses from 2021’s natural disasters reached $130 billion, which was well …

27 01, 2022

How Insurers Can Build Operational Resilience With Low-Code Application Programs

By | January 27th, 2022|Uncategorized|Comments Off on How Insurers Can Build Operational Resilience With Low-Code Application Programs

The global pandemic has shown how vital it is for firms to understand the services they provide and to invest in their operational resilience. While COVID has accelerated the insurance industry’s digitalization, firms must strive for resilience by looking to …

26 01, 2022

San Jose Votes to Be First US City to Require Gun Liability Insurance

By | January 26th, 2022|Uncategorized|Comments Off on San Jose Votes to Be First US City to Require Gun Liability Insurance

Gun owners in San Jose, California, will be required to have insurance coverage for their weapons after city lawmakers passed an ordinance believed to be the first of its kind in the United States. City Council members on Tuesday night …

28 01, 2022

Buttigieg Vows Help as US Car Fatalities Keep Spiking Higher

By | January 28th, 2022|Uncategorized|Comments Off on Buttigieg Vows Help as US Car Fatalities Keep Spiking Higher

WASHINGTON (AP)–Transportation Secretary Pete Buttigieg is vowing to help stem rising traffic fatalities, releasing a broad-based strategy aimed at reducing speed, redesigning roads and boosting car safety features such as automatic emergency braking. Buttigieg told The Associated Press that new …

26 01, 2022

OakBridge Continues Regional Expansion with McNeal Agency in Georgia

By | January 26th, 2022|Uncategorized|Comments Off on OakBridge Continues Regional Expansion with McNeal Agency in Georgia

Oakbridge Insurance Agency, a large regional agency in the Southeast, announced that it has acquired McNeal Sports & Wilson Risk Advisers, an independent agency in Waycross, Georgia. Oakbridge CEO Robbie Smith said the move sets the stage for further growth …