INSURANCE NEWS
Alaska Volcano Eruption Eases After Massive Ash Cloud
An ongoing eruption of a remote volcano in Alaska’s Aleutian Islands produced an ash cloud so large this week that warnings were sent to pilots about potentially dangerous conditions. An ash cloud with an initial height of around 5.5 miles …
European Heat Wave Sees Temperatures Reaching 115F in Sardinia as Greece Burns
Europe baked in intense heat, with temperatures reaching almost 46C (115F) on the Italian island of Sardinia on Wednesday, as wildfires continued to rage in Greece. Authorities warned lives were in danger after the latest blast of Saharan heat saw …
Cancer Clusters Prompt Houston’s Multi-Million Dollar Plan to Relocate Affected Residents
HOUSTON (AP) – Houston plans to spend millions of dollars to relocate residents from neighborhoods located near a rail yard polluted by a cancer-linked wood preservative that has been blamed for an increase in cancer cases, the city’s mayor announced …
People Moves: E&S Casualty at Ascot Group U.S. Names Keller Senior Lead Underwriter
E&S Casualty at Ascot Group U.S. Names Keller Senior Lead Underwriter Ron Keller has been named senior lead underwriter, E&S Casualty at Ascot Group U.S. Keller is based in the Chicago, Ill., office and is responsible for the central region. …
Texas Mutual Insurance Company Awards Over $4 Million in Grants to Nonprofits
Texas Mutual Insurance Company has awarded more than $4 million in grants to several Texas nonprofits, part of its commitment in community funding to nonprofit organizations. Texas Mutual has committed funding to nonprofit organizations in two categories—generational learning to support …
No Injuries or Hazardous Spills in Minnesota Train Derailment, Officials Say
COOK, Minn. (AP) – No one was injured and no hazardous material spilled when nine Canadian National Railway cars derailed in northern Minnesota, officials there said. The derailment happened just before 8:30 p.m. Monday in a rural, unpopulated area about …
Rain Insurance Payout Helps DICK’S Sporting Goods Open Recover Lost Revenue
When a rainstorm hit Endicott, New York this past weekend, the organizers of the DICK’S Sporting Goods Open PGA TOUR Champions event at En-Joie Golf Course were shielded with a rain insurance policy provided by Vortex Weather Insurance. The DICK’S …
Lawsuit Filed Against Northwestern Leaders Stemming From Football Hazing Scandal
A former Northwestern football player filed the first lawsuit against Pat Fitzgerald and members of the school`s leadership, seeking damages stemming from a hazing scandal that cost the former football coach his job. The player, identified in the lawsuit as …
Young Agency Group of Virginia Joins World Insurance
Insurance broker World Insurance Associates acquired the business of Young Insurance Agency Group, Inc. of Portsmouth, Virginia on July 1, 2023. Young Insurance, founded in 1973, offers business, personal and life and health insurance, as well as security services. William …
Georgia Woman Sues State Farm Claiming Disability and Racial Discrimination
A Georgia woman who was employed by State Farm Automobile Insurance Co. for 20 years is suing the insurer alleging she was discriminated and retaliated against because of her bladder disability. The employee, Elisa Brown, was diagnosed with overactive bladder …
District of Columbia Sues Manufacturers for ‘Forever Chemical’ Contamination
District of Columbia Attorney General Brian L. Schwalb has filed a lawsuit against more than 25 chemical companies for manufacturing, marketing, distributing, and selling products containing dangerous PFAS chemicals, which the suit claims now pollute the District’s natural resources including …
Tokio Marine HCC Acquires Mississippi-Based Medical Plan Administrator
Tokio Marine HCC today announced it has agree to acquire Gulf Guaranty Employee Benefit Services, Inc., a Jackson, Mississippi-based third-party administrator and managing general underwriter that designs, underwrites and administers group gap medical plans for small and mid-sized businesses. Tokio …