INSURANCE NEWS
California Lawsuit by Former Dancers Accuses Lizzo of Sexual Harassment, Hostile Work Environment
Lizzo has been sued by three former dancers who accuse the Grammy winner of sexual harassment and allege the singer and her production company created a hostile work environment. The civil lawsuit filed this Tuesday in Los Angeles County Superior …
Amwins Report Keys on Disruption in Cannabis Space
The disruption in the cannabis space is having an impact on that insurance specialty from coast to coast, a new report out from Amwins shows. The report, Amwins State of The Market Report 2023: A Focus on the Cannabis Market, …
People Moves: Ryan Specialty Appoints Cornelli to Board of Directors
Ryan Specialty Appoints Cornelli to Board of Directors Ryan Specialty Holdings, Inc., headquartered in Chicago, Ill., appointed Francesca Cornelli, dean of Northwestern University’s Kellogg School of Management, to its board of directors. She will serve as a member of its …
Progressive to Consolidate Corporate Headquarters in Ohio
Progressive Insurance said it will consolidate its corporate headquarters in Northeast Ohio as more employees opt to work from home. Progressive will consolidate Campus One (on Wilson Mills Rd.) location to Campus Two (on North Commons Blvd.) in Mayfield, Ohio. …
NR West Acquires Texas’ Foster Benefit Resources
NR West, the parent company of The Insurance Exchange, a premier Dallas-based General Agency, announced that it has completed its acquisition of Foster Benefit Resources, a full-service General Agency specializing in fully insured and self-funded employee benefits in the North …
Wisconsin Aircraft Crashes Kill 4
MADISON, Wis. (AP) – Devyn Reiley, the daughter of two-time Super Bowl winner Bruce Collie, was one of four people who died in two separate crashes at a Wisconsin aircraft convention over the weekend, event organizers say. Reiley, 30, was …
Marsh McLennan Agency Acquires Graham Company
Marsh McLennan Agency, a subsidiary of Marsh, announced Aug. 1 the acquisition of Graham Company, a leading risk management consultancy and one of the top independent insurance and employee benefits brokers in the U.S. Terms of the acquisition were not …
Connecticut High Court Denies Immunity for First Responder Causing Car Accident
The Connecticut Supreme Court has overturned a trial court and ruled that municipalities and government agencies are not entitled to qualified immunity for negligent operation of emergency vehicles. In a case involving a car accident caused by a Bloomfield police …
Baseball-Size Hail Makes Insuring Solar and Wind Farms Pricier
The Scottsbluff solar farm in western Nebraska was built to withstand most hailstones. But the icy pellets that rained down in late June were bigger than baseballs. The hail — part of a larger pattern of severe storms, heat and …
A Ray of Sunshine: Florida Insurers Show Quarterly Profit, S&P Reports
For the first time in three years, Florida’s struggling domestic residential property insurers have posted a quarterly profit, according to an analysis by S&P Global Market Intelligence. Excluding Citizens Property Insurance Corp., Florida property insurers reported $38.6 million in profit …
Judge Throws Out Lawsuit over Kraft Mac & Cheese Prep Time
A federal judge on Thursday dismissed a lawsuit accusing Kraft Heinz & Co KHC.O of misleading consumers by promising it takes only 3-1/2 minutes to prepare a cup of microwavable Velveeta macaroni and cheese. U.S. District Judge Beth Bloom in …
Churchill Downs to Improve Track, Vet Resources After Recent Horse Deaths
Churchill Downs will implement safety measures for its September meet including new track surface maintenance equipment and additional monitoring and equine care following 12 horse deaths before and after the Kentucky Derby that spurred suspension of its spring meet. Racing …