Insurance

A landmark climate change ruling from the European Court of Human Rights on Tuesday found that the Swiss government had violated the human rights of its citizens by failing to do enough to combat climate change, in a case brought …

The Tennessee Supreme Court this week dealt a blow to businesses and insurance companies, finding that employers can no longer argue that direct negligence claims are barred when the business admits vicarious liability for a worker’s actions. “We hold that …

BenefitMall named Patrice Evart a benefits sales executive for Southern California. Evart has 30 years of experience specializing in employee benefits for employers in Southern California. She recently joined BenefitMall after more than 25 years at Warner Pacific, most recently …

California representatives Mike Thompson (D-CA) and Doug LaMalfa (R-CA) introduced the Disaster Resiliency and Coverage Act of 2024. H.R. 7849 would provide homeowners in disaster-prone regions with incentives to harden their properties against wildfires and other risks. The legislation is …

The Oregon Division of Financial Regulation issued a $200,000 fine against State Farm after the company reportedly failed to send notices over the past six years informing its insureds of their ability to request an annual credit check, which could …

A federal grand jury in Connecticut returned a six-count indictment charging a Norwalk, Connecticut business owner with fraud offenses related to his operation of a prize insurance business. According to the officials, Kevin Kolenda owns and operates Hole-In-Won LLC, which …

Virginia Gov. Glenn Youngkin has returned a “bad faith” insurance claims bill to the General Assembly with recommendations for changes, disappointing property/casualty insurers that had hoped he would veto the measure. Youngkin’s action keeps the measure alive for reconsideration by …

The Oklahoma Insurance Department (OID) issued a Cease-and-Desist Order against First Premier Home Warranty Corp. for unauthorized sale of home warranty contracts in Oklahoma. Effective immediately, the company is required to halt all sales activities in the state. The OID …

Acies MGU, the London-based managing general underwriter and MGA incubator, announced the launch of Phoenix Specialty, a specialist MGA serving the construction sector. Phoenix will be led by managing director Tim James, subject to regulatory approval. James led the successful …

Building the Aggie bonfire was once among the most prized student traditions at Texas A&M University. That changed when the 60-foot stack of logs fell and killed 12 people in 1999, becoming one of the most painful chapters in the …