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INSURANCE NEWS
Realtor Group Strikes $418 Million Deal to End Suits Over Commissions
The National Association of Realtors agreed to settle litigation over commission rules for US real estate agents, clearing the way for possible changes in how Americans buy and sell homes. For homeowners and buyers, the proposed settlement marks an important …
Viewpoint: The Imperative of Long-Term NFIP Reform
In the wake of a record-shattering 28 billion-dollar extreme weather and natural disaster season in 2023, the U.S. finds itself at the mercy of an increasingly volatile climate. As hurricanes grow fiercer, sea levels rise and rainfall patterns shift, one …
North Carolina Labor Chief Rejects Infectious Disease Rules for Workplaces
RALEIGH, N.C. (AP) — North Carolina’s elected labor commissioner has declined to adopt rules sought by worker and civil rights groups that would have set safety and masking directives in workplaces for future infectious disease outbreaks like with COVID-19. Commissioner …
Maui’s Mayor Prioritizes Vows to Hire More Firefighters After Hawaii Wildfire
Maui’s mayor says he is prioritizing housing, evaluating evacuation routes and hiring more firefighters as his Hawaii community recovers from the deadliest U.S. wildfire in more than a century. Mayor Richard Bissen outlined the steps in emotional remarks more than …
People Moves: Zamora Named Chief Underwriting Officer of ICW Group
ICW Group Insurance Companies promoted Paul Zamora to chief underwriting officer, leading the company’s property/casualty multiline underwriting strategy and business expansion. Zamora joined ICW Group nearly 20 years ago to oversee its workers’ compensation underwriting business. He most recently served …
Six Defendants to Stand Trial for Michigan Auto Insurance Fraud Scheme
Six defendants will stand trial on charges alleging the group operated an auto insurance fraud scheme targeting Michigan residents involved in automobile collisions, Michigan Attorney General Dana Nessel and Anita Fox, Director of the Michigan Department of Insurance and Financial …
Long Recovery Ahead for Swath of Central US Hit by Deadly Tornadoes
LAKEVIEW, Ohio (AP) — Residents in a swath of the central U.S. hit by deadly tornadoes were cleaning up, assessing damage and helping neighbors on Saturday. But it will be a long recovery from the storms that ripped through parts …
Texas Firefighters Completely Contain Panhandle Wildfire
LUBBOCK — Firefighters have completely contained the Smokehouse Creek fire in Hutchinson County after a nearly three-week battle with what quickly became the largest wildfire in Texas history. That inferno and a series of other wildfires killed at least two …
Walgreens to Pay $205K Over Pregnancy Discrimination at Louisiana Store
Pharmacy and retailer Walgreens Co. has agreed to pay $205,000 and provide other relief to settle a pregnancy discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s lawsuit, Walgreens violated …
Scranton School District Reports Ransomware Attack
The Scranton, Pennsylvania school district has been experiencing computer outages due to a ransomware attack last week. “The attack is causing a temporary disruption to some of our computer systems and services,” the school reported on Facebook last Friday afternoon. …
Trump Has Failed to Get Appeal Bond for $454M Civil Fraud Judgment, Lawyers Say
Donald Trump has so far been unable to obtain a bond that would allow him to appeal a $454 million judgment against the former U.S. president in a New York civil fraud case without posting the full amount himself, his …
Florida Jury: NICO Did Not Act in Bad Faith in Keys Crash that Killed 4 Women from Spain
Six months after a federal appeals court upheld a $12 million verdict against a waste-hauling company in a crash that killed four Spanish women in the Florida keys, a jury has found that the firm’s insurer did not act in …