INSURANCE NEWS
People Moves: Alliant Hires Jensen in St. Louis
Alliant Insurance Services, headquartered in Irvine, Calif., hired Morgan Jensen as vice president within its Alliant Americas division. Based in St. Louis, Missouri, Jensen has over 20 years of insurance experience. Before joining Alliant, Jensen served as area vice president …
Five Killed in Ohio Mobile Home Fire on Thanksgiving
ATHENS, Ohio (AP) – Five people, including two children, were killed in a mobile home fire in Ohio on Thanksgiving morning, authorities said. The Ohio Department of Commerce said volunteer firefighters in Athens County were called to a Rainbow Lake …
Murder, Arson Charges on Hold in Killing of Former Mississippi Legislator
JACKSON, Miss. (AP) — Mississippi prosecutors have dismissed indictments against a man in the shooting death of a former state lawmaker and the earlier burning of a building, saying they need more time to investigate. The murder and arson charges …
Chubb Launches Client Methane Resource Center
Chubb Limited recently announced the launch of the Chubb Methane Resource Hub, a digital resource offering clients information and insights for measuring and mitigating methane emissions. The initiative draws on technical expertise and guidance from Environmental Defense Fund. The hub …
MLB, Formula 1 Face Fraud Suits for Promoting FTX Cryptocurrency
FTX investors suing the cryptocurrency exchange’s celebrity promoters for allegedly helping to facilitate an $11 billion fraud have some new targets, including Major League Baseball, Formula 1 racing and Mercedes-Benz Group AG’s racing team. Investors’ lawyers sued MLB – the …
Former Allstate Agent in North Carolina Ordered to Abide by Non-Compete Agreement
A former Allstate insurance agent in North Carolina has until the end of February to stop selling competing products to her former clients and to return confidential client information to Allstate. A federal judge on Monday finalized an injunction and …
Title Insurer to Pay New York $1 Million Penalty Over 2019 Data Breach
The New York State Department of Financial Services (DFS) announced that First American Title Insurance Co. will pay a $1 million penalty to New York State for violations of DFS’s cybersecurity regulation stemming from a large-scale cybersecurity breach in May …
Probitas Ready to Launch Lloyd’s Special Purpose Arrangement for 2024 Year of Account
Lloyd’s syndicate Probitas 1492 announced that Lloyd’s has given formal approval for its special purpose arrangement (SPA), which will begin underwriting for the 2024 year of account. The SPA, called “AdA SPA 2024,” aims to develop a diverse portfolio of …
3M, DuPont Defeat Massive Class Action Over Forever Chemicals
A U.S. appeals court on Monday handed 3M, Corteva Inc subsidiary E.I. du Pont de Nemours and Co and other manufacturers of toxic so-called “forever chemicals” a big win in their fight against legal liability for the substances, rejecting a …
Maui Wildfire Survivors Camp Pushing Mayor to Convert Vacation Rentals into Housing
A group of Lahaina wildfire survivors is vowing to camp on a popular resort beach until the mayor uses his emergency powers to shut down unpermitted vacation rentals and make the properties available for residents in desperate need of housing. …
California Can Share Gun Owners’ Personal Information With Researchers, Court Rules
A state appeals court ruled that California can continue providing personal information of gun owners to researchers to study gun violence, reversing last year`s decision by a lower court judge who said such data sharing violates privacy rights. In 2021, …
$1.3 Billion Lottery Winner Sues for $100K Damages Over Identity Disclosure by Mom
A man who won one of the largest lottery payments in U.S. history has filed a federal lawsuit against the mother of his child in an attempt to keep his identity concealed. The man won a $1.35 billion Mega Millions …