Insurance
UK’s Visa Crackdown Leaves City of London Immigrants in Limbo
One banker in the City of London is faced with paying an extra £40,000 a year in university fees for his children. Nursing homes are worried about finding enough caretakers for residents. The insurance industry says overseas relocations have now …
Read More US DOT Declares Fuel Economy Rules Exceeded Legal Authority
The Transportation Department paved the way for looser U.S fuel economy standards on Friday by declaring that former President Joe Biden’s administration exceeded its authority by assuming high uptake of electric vehicles in calculating rules. The department made the declaration …
Read More Hub International Acquires Wycoff Insurance Agency in Washington
Hub International Ltd. acquired the assets of Wycoff Insurance Agency Inc. in Mount Vernon, Washington. Wycoff Insurance will be referred to as Wycoff Insurance Agency, a Hub International company. Chris Eisses, president, Donnie Keltz, vice president, secretary and treasurer, and …
Read More Homeowners Suing AAA Insurers and USAA over LA Wildfires
A group of homeowners who lost their homes in the Los Angeles wildfires filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County Superior Court this week. …
Read More Texas Lawmakers Reined in Recreational THC for More Medical Marijuana
Texas lawmakers this year heavily focused their drug policy agenda on banning tetrahydrocannabinol, or THC, products in the state. Senate Bill 3, which prohibits the possession of consumable hemp products that contain any synthetic cannabinoid, often known as delta-8, was …
Read More Scientists Take on Severe Storms to Study Hail, Costliest Weather Danger
As severe storms once again soak, twist and pelt the nation’s midsection, a team of dozens of scientists is driving into them to study one of the nation’s costliest but least-appreciated weather dangers: Hail. Hail rarely kills, but it hammers …
Read More Mattel Settles Baby Sleeper Death Suits Before Start of a Trial
Mattel Inc. and its Fisher-Price unit have settled lawsuits alleging their recalled Rock ‘n Play baby sleeper was so defectively designed that it led to the deaths of infants. The agreement, disclosed in a Delaware court filing last week, resolves …
Read More Storm Damage Costs Are Often a Mystery. That’s a Problem for Understanding Risk
On Jan. 5, 2025, at about 2:35 in the afternoon, the first severe hailstorm of the season dropped quarter-size hail in Chatham, Mississippi. According to the federal storm events database, there were no injuries, but it caused $10,000 in property …
Read More Minnesota Culver’s Franchise Settles Harassment Case for $261K
R & G Endeavors, Inc., a fast-food franchisee doing business as Culver’s Restaurants of Cottage Grove, will pay $261,000 and furnish other relief to settle two cases brought by the U.S. Equal Employment Opportunity Commission (EEOC), one involving race, sex …
Read More Extended Deadline: Be Recognized as an Independent Agency Leader
Need a bit more time to enter? Good news – the extended deadline to submit for Insurance Journal’s Top 100 Agencies and Top Agency Partnerships ranking is now June 10! We hope that you will consider entering your firm for …
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