INSURANCE NEWS
NHTSA Probes 2022 Ford Mach-E EV Recall
U.S. auto safety regulators said on Monday that they are investigating whether Ford Motor’s 2022 recall of nearly 49,000 Ford Mustang Mach-E electric vehicles adequately addressed concerns and whether it should be expanded to more vehicles. Ford issued the June …
Rail Whistleblowers Fired for Voicing Safety Concerns
Hours before a Norfolk Southern train derailed in Ohio and erupted in fire in February, a judge ruled a former railroad employee could proceed with a lawsuit claiming he had been harassed for years by managers who said he reported …
Cybersecurity Firm SentinelOne Explores Sale
SentinelOne Inc., a cybersecurity company with a market value of about $5 billion, has been exploring options that could include a sale, according to people familiar with the matter. The Mountain View, California-based company became a takeover target after its …
Insureds Hot About Flood Insurance Costs? Some Areas Are Seeing 35% Discounts
Florida property owners stuck with higher premiums and new flood insurance mandates may want to nudge their local governments to take a look at the town of Cutler Bay and the counties of Monroe, Pinellas and Ocala. Those jurisdictions are …
Tropical Storm Hilary Damage and Economic Loss Estimate in the Western U.S. is $7B to $9B
AccuWeather’s preliminary estimate of the total damage and economic loss from Tropical Storm Hilary in the U.S. is $7 to $9 billion. Hilary brought widespread flooding through Southern California, washing out roads and bridges, flooding cars and homes, and shutting …
Gibson Acquires Brisk Advisors in Utah
Gibson has entered Utah through its acquisition of Brisk Advisors. The new Gibson Utah office is in Midvale. Brisk Advisors (formerly Insurance Network) has provided risk management and personal insurance solutions to clients for more than 50 years. Gibson is …
Sentry to Contribute $275K to Maui Wildfire Recovery
Sentry Insurance announced an initial contribution of $275,000 for immediate relief and recovery in response to the wildfires in Lahaina, Hawaii and throughout Maui. Stevens Point, Wisconsin-based Sentry sponsors the annual Sentry Tournament of Champions, a PGA Tour event played …
Amwins Specialty Auto Launches in Oklahoma
Amwins announced Amwins Specialty Auto, in partnership with Agricultural Workers Mutual Auto Insurance Company, will launch a new private passenger automobile program in Oklahoma. Both Amwins Specialty Auto and Ag Workers have experience in the state and are gearing up …
Judge Allows ACLU to Join Lawsuit Over Sex Designation on Kansas Driver’s Licenses
TOPEKA, Kan. (AP) – A judge has agreed to allow the American Civil Liberties Union of Kansas to intervene in an ongoing lawsuit that seeks to force the state to list the sex that people were assigned at birth on …
3 Tropical Storms Churn Across Atlantic as Most Active Part of Hurricane Season Begins
Three tropical storms are currently churning across the Atlantic Ocean in a dazzling start to the most active part of hurricane season. Traditionally, the basin starts to spin up its most powerful storm after Aug. 20 with the statistical peak …
Sweltering Heatwave Grips Central US, Record High Temperatures Recorded
HOUSTON (AP) – Sweltering temperatures lingered Sunday in a large swath of the central U.S., causing misery from the Gulf of Mexico almost to the Great Lakes. Record high temperatures were recorded in Texas and other states. People were told …
Tesla Data Breach Blamed on ‘Insider Wrongdoing’ Impacted 75,000
Tesla Inc.’s May data breach impacted more than 75,000 people, included employee-related records and was a result of “insider wrongdoing,” according to a notice posted by the office of the Maine Attorney General Friday. A total of 75,735 people were …