Insurance
New Language in California Budget Seeks to Expedite Insurance Rate Filing Approvals
Insurers are praising new trailer bill language in the California budget that promises to expedite the home and auto insurance rate filing approval process. California Gov. Gavin Newsom first made the proposal to speed up the rate filing process while …
Read More Chicago Man Convicted of Murder Based on Blind Witness’ Testimony Sues City, Police
CHICAGO (AP) — A Chicago man convicted of murder based in part on testimony from a legally blind eyewitness is suing the city and the police department. A judge convicted Darien Harris in 2014 in connection with a fatal shooting …
Read More Relation Insurance Services Acquires Oklahoma’s First Insurance
Relation Insurance Services acquired the assets of First Insurance an Affiliate of FirstBank, Inc. The transaction went into effect on April 1, 2024; terms of the transaction were not disclosed. First Insurance, based in Durant, Oklahoma, offers commercial and personal …
Read More Nicotine-Like Chemicals in US Vapes May Be More Potent Than Nicotine, FDA Says
Nicotine alternatives used in vapes being launched in the U.S. and abroad, such as 6-methyl nicotine, may be more potent and addictive than nicotine itself, though the scientific data remains incomplete, according to the U.S. Food and Drug Administration (FDA) …
Read More More Than 5 Million Texans Live in Flood-Prone Areas According to State Flood Plan
More than 5 million Texans, or one in six people in the state, live or work in an area susceptible to flooding, according to a draft of the state’s first-ever flood plan. The plan by the Texas Water Development Board …
Read More Indiana-Based RV Manufacturer to Pay $95K in EEOC Disability Suit
Goshen, Indiana-based Keystone RV Company, a leading manufacturer of towable RVs, will pay $95,460 and furnish other relief to settle a disability discrimination suit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the …
Read More Texas Storm Leaves Thousands of Homes Without Power: Weather Watch
Across parts of Texas, and mostly in the east, 500,789 customers reportedly had outages at 4:45 am EDT, according to PowerOutage.us. On Tuesday, 1,161 flights into and around the US were canceled with the majority of those in Dallas and …
Read More Samsung Faces Probe After Two Chip Workers Exposed to Radiation
South Korea’s nuclear safety authorities are carrying out an on-site investigation after two employees at a Samsung Electronics Co. semiconductor plant were exposed to radiation. The employees are showing abnormal symptoms on their fingers because of localized exposure, though their …
Read More North Carolina Will Soon Have Some of the Highest Auto Liability Minimums
Starting next year, the minimum automobile liability coverage in North Carolina will jump significantly, thanks to a 2023 law that raised the minimum requirement for the first time in 25 years. Since 1999, North Carolina drivers have been required to …
Read More Specialist Risk Group to Launch Global Motorsport Underwriting Offering
Specialist Risk Group’s managing general agent, MX, announced it will soon launch a new specialist motorsport underwriting offering, MX Motorsport. MX Motorsport will underwrite all classes of motorsport business on a global basis supported by A-rated capacity. The team at …
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