INSURANCE NEWS
California Department of Insurance Bans Sender of Misleading Wildfire Mailers
A California Department of Insurance investigation into misleading mailers on insurance claims following wildfires led to a ban of public adjuster and California Recovery Group owner Argen Youssefi of Glendale. The investigation reportedly found California Recovery Group and its owner, …
Microsoft Chief Says Deep Fakes Aare Biggest AI Concern
Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but false content. In a speech in Washington aimed at addressing the issue of how best to regulate AI, which went from …
People Moves: Aihara & Associates in California Names Kinoshita EVP
Aihara & Associates Insurance Services named Mike Kinoshita executive vice president. Kinoshita is a third-generation insurance agent and current senior client advisor at The J. Morey Company, an Ori-gen Family Company. Kinoshita’s appointment will succeed agency principal Douglas Aihara. Aihara …
People Moves: Cowbell Names CNA’s Bilbao as UK Director of Underwriting; Allianz Commercial Promotes Execs in Iberia, Latin America
This edition of International People Moves details appointments at Cowbell Cyber and Allianz Commercial. A summary of these new hires follows here. Cowbell Names CNA’s Bilbao as UK Director of Underwriting Cowbell, the Pleasanton, Calif.-based provider of cyber insurance for …
People Moves: Lockton Adds IP Experts Sandler and Taylor; Byrne Hired at Cowbell as VP Tech E&O Underwriting
Lockton Adds Intellectual Property Experts to Transaction Liability Practice Lockton has hired Jason Sandler and Craig Taylor to its intangible asset and contingent liability practice, a division within its broader transaction liability practice. Gaurav Sud, partner and co-practice leader said: …
Indiana Food Distributor Agrees to $709K Settlement Over Sex Discrimination Lawsuit
Kenneth O. Lester Company, Inc., doing business as PFG Customized Distribution – Indiana, will pay $709,971 in monetary relief and furnish significant equitable relief to settle a federal sex discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), …
2 Killed in Severe Storms North of Houston
CONROE, Texas (AP) – Two people were killed and several others were hurt Tuesday afternoon when a home that was under construction collapsed as strong storms hit north of Houston in the Conroe area. A home under construction in the …
Murdaugh Indicted for Defrauding Clients of Insurance Funds; Accomplice Attorney Pleads
Former South Carolina injury attorney Alex Murdaugh, convicted in March of murdering his wife and son, has been indicted on 22 federal counts of defrauding clients, laundering money, and diverting insurance proceeds into his personal account. Murdaugh set up a …
Do Not Call: States Sue Telecom Company Over Billions of Robocalls
Attorneys general across the U.S. joined in a lawsuit against a telecommunications company accused of making more than 7.5 billion robocalls to people on the national Do Not Call Registry. The 141-page lawsuit was filed Tuesday in U.S. District Court …
Mississippi Woman Pleads in Scheme to Steal Ownership of USDA-Mortgaged Homes
A Mississippi woman has pleaded guilty to conspiring to steal houses that were mortgaged by the U.S. Department of Agriculture, federal prosecutors said. Ella Martin, 69, of Jayess, pleaded guilty Thursday before U.S. District Judge David Bramlette in Natchez to …
Family of Suicidal Black Teen Killed in Nevada Agrees To $2M Settlement
The parents of a suicidal Black teenager who was fatally shot by police in 2020 in Nevada have agreed to a $2 million settlement with the city of Sparks that also includes more crisis intervention and mental health training for …
Walmart Paying California $500K in Settlement Over Sale of Brass Knuckles
Walmart will pay half a million dollars to settle allegations from California’s Department of Justice that it was selling brass knuckles on its website, state Attorney General Rob Bonta said. Brass knuckles are classified as deadly and illegal weapons in …