INSURANCE NEWS
SC DOI Ups Grant Size for Wind Mitigation Program
The South Carolina Safe Home wind mitigation program has been revised to allow higher grant awards. The South Carolina Department of Insurance said in a bulletin this week that the program, which helps homeowners fortify their homes to better resist …
Appeals Panel Says CCC Software Does Not Violate Florida Law in Auto Claims
An insurer that used CCC Intelligent Solutions software to determine the payout for a claimant’s vehicle did not violate a Florida law that sets forth only three methods that auto insurers may use to determine actual cash value, a divided …
Massachusetts High Court Affirms Limit on Wrongful Death Suits in Tobacco Cases
If a person’s right to bring a personal injury lawsuit has expired by the time of his or her death, the person’s estate is barred from bringing a wrongful death suit in Massachusetts for the benefit of the beneficiaries. The …
Maryland Man Wrongly Imprisoned for 32 Years Gets $2.9M
A Maryland board approved $2.9 million in compensation Wednesday for a man who was wrongly imprisoned for 32 years, including a decade on death row, for two murders he did not commit. John Huffington was pardoned by former Gov. Larry …
US Labor Agency Sues Starbucks Over Treatment of Seattle Workers
The National Labor Relations Board on Thursday sued Starbucks SBUX.O over the coffee chain’s refusal to rehire 33 workers as it reorganized three downtown Seattle stores, including its flagship store in Pike Place Market. In a petition filed in Seattle …
Oklahoma Insurance Commissioner Offers Recovery Tips After Severe Storms
Oklahoma Insurance Commissioner Gled Mulready offered recovery tips following the severe storms that hit Tulsa over Father’s Day weekend, causing extensive damage, including fallen trees and widespread power outages. The storm has been far-reaching, leading to heat advisories, limited access …
Court: Tulsa Can’t Give a Choctaw Man Ticket Because City is on Reservation Land
OKLAHOMA CITY (AP) – Tulsa lacks the jurisdiction to prosecute a Native American man cited by police for speeding because the city is located within the boundaries of an Indian reservation, a federal appeals court ruled. The 10th U.S. Circuit …
People Moves: Harter joins Iroquois in Ohio; Donaldson Named Account Administrator at RT Specialty
Harter joins Iroquois in Ohio Andy Harter joined Iroquois Mid-Atlantic, headquartered in Midlothian, Va., as regional manager, servicing agents in Ohio. Harter most recently served as a marketing rep for Grange Insurance from his home in Gahanna, Ohio. Harter most …
Train derails Outside Rural Wisconsin Village, Authorities Say No Hazardous Materials Leaked
REESEVILLE, Wis. (AP) __ Investigators are looking into what caused a freight train to derail outside a small village in south-central Wisconsin. The train derailed just west of the village of Reeseville in Dodge County around 2 p.m. Tuesday. the …
Chicago Flooding a Reminder of Vulnerability of Major Cities During Extreme Weather
Heavy rains that flooded Chicago neighborhoods, rendered freeways impassable and wreaked havoc on NASCAR street races downtown Sunday are serving as stark reminders of urban centers’ vulnerability during extreme weather events. After a historic deluge in April in Fort Lauderdale, …
Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures?
On March 10, 2023, while the majority of Americans were diligently toiling away in their jobs, very few people likely understood the silently ticking time-bomb sitting inside the balance sheets of many of our bank-brethren in our important banking industry. …
A.J. Gallagher Acquires The Andersen Group in Virginia
Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Chantilly, Virginia-based The Andersen Group. The Andersen Group is a retail insurance agency serving non-profit trade associations, government contractors and engineering services companies in the greater Washington, D.C. …