INSURANCE NEWS
Supreme Court Won’t Take up Applied Suit Against California Department of Insurance
The U.S. Supreme Court will not take up a lawsuit from Applied Underwriters Inc. over a decision by the California Department of Insurance to put its affiliate into conservatorship. The court on Monday declined to hear the case. A CDI …
Texas to Receive $654M in Opioid Funds From CVS, Walgreens
Texas Attorney General Paxton announced that the state is joining finalized opioid agreements with CVS and Walgreens totaling $10.7 billion nationally, with CVS paying $5 billion and Walgreens paying $5.7 billion. Texas and its local governments are slated to receive …
People Moves: Myers Joins Alliant’s Texas Team; Goosehead Names CFO
Myers Joins Alliant’s Texas Team Mike Myers has joined Alliant Insurance Services as vice president within its employee benefits group. Based in Dallas, Texas, Myers will design and implement strategic employee benefits solutions that add value and provide long-term financial …
People Moves: Columbia Names Wharton CIO; Global Marine Hires Cochran
Columbia Insurance Group Names Wharton Chief Information Officer Columbia Insurance Group has named Lisa Wharton vice president and chief information officer. She will be responsible for planning, directing and coordinating the information technology department. Wharton is an accomplished technology leader …
Davenport, Iowa Flood Mitigation Projects Set to Start This Year
DAVENPORT, Iowa (AP) – In late 2023, residents and business owners will see some of the first projects of Davenport’s flood mitigation plan under construction. The first phase of Davenport’s $165 million plan aims to address floodwaters that surge up …
Hazing Lawsuit at Ohio’s Bowling Green Ends With $3M Settlement
The family of a student who died from alcohol poisoning while pledging a fraternity will receive nearly $3 million from Bowling Green State University to settle its lawsuit, according to an agreement announced Monday. As part of the settlement, the …
Auto Insurance Shopping – and Switching – Increases
Drivers are not only shopping around for auto insurance more than ever, they are switching carriers. According to a quarterly report from J.D. Power, in collaboration with TransUnion, the quote rate for auto insurance in the fourth quarter 2022 was …
Nevada Cannabis Regulators Issue Product Pesticide Advisory for Products
Nevada marijuana regulators have issued a health and safety advisory about widely available legal cannabis products produced in the Las Vegas area during the last 16 months using plants treated with an unapproved pesticide. The Nevada Cannabis Compliance Board bulletin …
At-Bay Acquires Licensed P&C Insurance Carrier
Managing general agent At-Bay said it has acquired an excess and surplus lines insurer licensed in 44 states from XL Insurance America to now become a full-stack carrier. “This milestone will allow us to accelerate the pace of our innovation …
North Carolina Lawmakers Propose Power Grid Protections After Attacks
When gunshots at two electrical substations cut power to thousands of central North Carolina homes for several days in early December, Republican state Rep. Ben Moss watched his vibrant district full of family farms, small businesses and sprawling golf courses …
Drive Free or Die? New Hampshire Bill to Restrict Pets in Cars Starts Dogfight
New Hampshire is the only state that allows adults to drive without wearing seatbelts. Want to use your dog instead? Go for it, for now. While the state currently has no lapdog-related laws, the Legislature is considering a bill that …
Well-known Injury Lawyer Alex Murdaugh Now on Trial for Murder in South Carolina
As his life unraveled over the past two years, disgraced South Carolina attorney Alex Murdaugh didn’t fight giving up his law license and said he made plenty of mistakes tied to missing client money and a financial mess that led …