Insurance
Mississippi Investment Firm Launches Insurance Agency
A Mississippi investment firm is braving a tight market and entering the commercial property/casualty world with a startup insurance agency. Twain Capital, formed in 2021, has launched Twain Insurance Agency, based in Ridgeland, Mississippi. Principals John Lawrence, Tom Davis and …
Read More Maryland Settles Lawsuit With Tri-Gas & Oil Over Fuel Leak at Storage Facility
Maryland Attorney General Anthony G. Brown announced the settlement of a lawsuit against an Eastern Shore fuel storage facility, including a $600,000 penalty for pollution to groundwater and a nearby creek. The settlement resolves a lawsuit brought against Tri-Gas & …
Read More 911 Call Shows What Happened When Young Man Entered Wrong House in SC
COLUMBIA, S.C. (AP) — A concerned college student asked police if they’d seen his fraternity brother early one Saturday morning after he’d sent the 20-year-old home from a sports bar in an Uber. He hadn’t heard from his friend in …
Read More Elderly Man Fatally Shoots Wife, Self at Florida Assisted Living Facility
ST. PETERSBURG, Fla. (AP) — An elderly man fatally shot his wife and then himself at an assisted living facility in Florida, police said Tuesday. Staff at the Addington Place at College Harbor facility found the couple dead in the …
Read More Cyclone Kirrily Makes Landfall in Australia as Severe Storm
Australia is being lashed by damaging winds and heavy rainfall as Severe Tropical Cyclone Kirrily makes landfall, the biggest system to hit the Queensland coast in almost five years. Kirrily is crossing near Townsville as a Category 3 system, and …
Read More Disney Asks for Delay in Board’s Lawsuit Due to ‘Distracted District’
ORLANDO, Fla. (AP) — Disney this week requested a second delay in a state court case involving its legal battle with Gov. Ron DeSantis’ appointees over who controls Walt Disney World’s governing district, as the company accused them and the …
Read More EU Auditors Say Real CO2 Emissions From Most Cars Have Not Fallen
Real CO2 emissions from most passenger cars on EU roads are the same as 12 years ago despite reduction targets set in 2010 for newly registered vehicles, putting in jeopardy Europe’s green agenda, the European Court of Auditors (ECA) said …
Read More After $70 Billion Hit, Insurers Wake Up to Growing Risks of Severe Convective Storms
The insurance industry is grappling with a new kind of weather risk that’s increasingly driving its biggest loss category. While no single weather event caused more than $10 billion in losses for insurers last year, there were 37 thunderstorms that …
Read More Brown, Yale, Columbia Among Latest to Settle Financial-Aid Lawsuit
Brown, Yale and Columbia universities have agreed to pay a combined $62 million to resolve a lawsuit that accused them and others of favoring wealthy applicants, pushing total settlements in the case to $118 million. Lawyers for a proposed class …
Read More People Moves: Coalition Nabs AIG’s Jones as Head of Global Claims
Robert Jones has joined Coalition as the head of global claims. He will step into the role Feb. 5. Jones previously spent 32 years at AIG where he most recently served as the executive vice president of financial lines, specialty …
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