Insurance
Supreme Court Curbs SEC’s In-House Judges in Fraud Cases
The US Supreme Court curbed the Securities and Exchange Commission’s ability to press complaints before in-house judges, saying defendants have a constitutional right to make their case to a federal jury when the agency is seeking financial penalties. The 6-3 …
Read More Last Chance: Submit for Top 100, Top Agency Partnership Rankings Now
The deadline to submit for Insurance Journal’s Top 100 Agencies and Top Agency Partnerships ranking is tomorrow! We hope you will consider entering your agency for Insurance Journal’s 2024 Top 100 independent agencies listing and Top Agency Partnerships ranking now. …
Read More Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023
The independent agents place more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents & Brokers of America (the Big “I”). The association’s 2024 Market Share Report said independent agents have high penetration …
Read More New Hampshire Sues TikTok Alleging Consumer Protection Violations, Harm to Kids
New Hampshire is suing social media video service TikTok Inc. for allegedly violating the state’s consumer protection act, Attorney General John M. Formella announced. The state’s complaint against TikTok filed in Superior Court in Merrimack alleges that the company has …
Read More Youth at North Carolina Therapy Camp Couldn’t Breathe in Tent, Autopsy Finds
LAKE TOXAWAY, N.C. (AP) — A 12-year-old boy who was enrolled in a wilderness therapy program for troubled youths in North Carolina died in February from an inability to breathe in the mostly plastic tentlike structure he was sleeping in, …
Read More Jury Awards $700k to Seattle Protesters Jailed for Anti-Police Slogans on Barricade
Four protesters who were jailed for writing anti-police graffiti in chalk on a temporary barricade near a Seattle police precinct have been awarded nearly $700,000 after a federal court jury decided their civil rights were violated. The Jan. 1, 2021, …
Read More Evolve Bank & Trust Confirms Data Was Stolen in Cyberattack
Evolve Bank & Trust confirmed it was the victim of a cyberattack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk management …
Read More Massachusetts Orders 14.6% Cut in Workers’ Compensation Rates
Massachusetts businesses will see an average 14.6% reduction in workers’ compensation rates—a cut that is almost twice the size of what the insurance industry’s rating bureau proposed in its filing. The lower rates go into effect on July 1, 2024. …
Read More Jacksonville OKs Jags’ $1.4B ‘Stadium of the Future’ to Spur Growth Downtown
JACKSONVILLE, Fla. (AP) — The city of Jacksonville approved a $1.4 billion “stadium of the future” Tuesday that should keep the Jaguars in one of the NFL’s smallest markets for at least another 30 years and end decades of speculation …
Read More Hacked UK Trove of Medical Records Includes Data on Newborns, Cancer Patients
Hackers behind a London hospital attack recently published records that include personal information about pregnant women, newborns, cancer patients, people suffering from schizophrenia and thousands of others across the UK and Ireland, revealing the breach was far more widespread than …
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