INSURANCE NEWS
Forklift Operator Dies in Accident at Boston`s Logan Airport
A forklift operator has died in an accident at Boston`s Logan International Airport, authorities said Wednesday. The 51-year-old man, whose name has not been released, was an employee of a JetBlue contractor. He was trying to drive a forklift through …
Shooting That Wounded 2 at Chicago White Sox Game Likely Involved Gun fired Inside Stadium, Police Say
CHICAGO (AP) – A shooting that wounded two women at last Friday night`s Chicago White Sox-Oakland Athletics game most likely involved a gun that went off inside Guaranteed Rate Field, Chicago`s interim police superintendent said. Officials have said little about …
Texas Agency Alliance Adds Four New Independent Member Agencies
Texas Agency Alliance (TAA), an alliance of independent insurance agencies in the South-Central region of the state, announced the addition of four new independent member agencies. These new members bring TAA’s alliance to over 85 independent agencies. The new entrants …
Five More New Orleans Residents Charged for Conspiring to Stage Automobile Accidents
Five more people have been charged with intentionally staging automobile accidents with tractor-trailers in New Orleans to defraud trucking and insurance companies in 2017. United States Attorney Duane A. Evans announced that Antonine Clark, age 33, of New Orleans, Louisiana; …
People Moves: UFG Names Saylor Vice President of Surety
UFG Insurance Names Saylor Vice President of Surety UFG Insurance, headquartered in Cedar Rapids, Iowa, named Kyanna Saylor vice president of surety. Saylor has been assistant vice president of surety marketing at UFG since 2019. She spent 15 years in …
Unprecedented Wildfire Season Ravages Louisiana as Drought and Heat Persist
BATON ROUGE, La. (AP) – One of the largest wildfires in Louisiana history continues to burn through land and threaten rural communities, which are used to flooding and hurricanes this time of year rather than drought and blazes. Louisiana has …
University of Minnesota Faces Lawsuit Over Alleged Negligence in Data Breach Incident
MINNEAPOLIS (AP) – A lawsuit filed on behalf of a former student and former employee at the University of Minnesota accuses the university of not doing enough to protect personal information from a recent data breach. Attorneys for the two …
Data Call: Florida OIR Wants Idalia Claims Info Daily Through Sept. 6
The Florida Office of Insurance Regulation is reminding property insurers that they must report Hurricane Idalia claims information daily, starting Friday. The data should be submitted by noon Eastern time, every day, including Saturday and Sunday, through Sept. 6, the …
Early Estimates Put Idalia’s Insured Losses at $9 Billion for Florida
Preliminary estimates of insured losses from Hurricane Idalia have already begun, with about $9 billion in losses predicted for Florida alone. The estimates are far lower than some in Florida had feared and well below the $60 billion in losses …
FDA Warns 3 Baby Formula Makers to Correct Manufacturing Process Controls
The U.S. Food and Drug Administration on Wednesday issued warnings to three infant formula makers to correct their manufacturing processes to better catch bacterial contamination, but added it does not expect any impact on the supply. The regulator issued warning …
Appeals Court Dismisses 14 COVID Business Insurance Claims Against Travelers
The Ninth Circuit Court of Appeals has dismissed lawsuits by 14 businesses seeking insurance coverage from Travelers Insurance for business losses stemming from COVID-19 and the related government shutdown orders. The federal appeals court affirmed the denial of the claims …
Slovenia Estimates €7 Billion Price Tag for Reconstruction After Floods
Rebuilding from this month’s floods in Slovenia will cost €7 billion ($7.6 billion) over the next five years, Prime Minister Robert Golob said. The government is preparing new legislation to serve as a road map for reconstruction after the worst …