INSURANCE NEWS
Mississippi to Get $221M to Address Flood Risks
The U.S. Army Corps of Engineers said on Monday it will spend almost $800 million to address flood mitigation, coastal storm damage protection and address supply chain resilience. About $221 million will address flooding for the Pearl River in Jackson, …
Police Investigate Dallas House Fire After 3 Bodies Found
Police in suburban Dallas are investigating after three adult family members were found dead in house fire, one with a gunshot wound to the head and two with signs of trauma. Carrollton police said firefighters who responded to the Saturday …
Pay-As-You-Go Cargo MGA Closing Insurance Protection Gap for Shippers
After many years working as a freight and logistics broker in the London market, Johnny McCord understood where the freight industry’s “pain points” were and thought technology and artificial intelligence (AI) could solve some of the underinsurance problems facing SMBs. …
Florida Cities Crushed by Ian Face Highest Borrowing Costs in Decade
Florida cities looking to rebuild from the devastation of Hurricane Ian will be financing their efforts during the worst environment for municipal borrowing in more than a decade. Washed-out roads and bridges are only the most glaring examples of urgent …
Hurricane Ian, Anti-Concurrent Loss Language, and Ambiguities
On September 28, 2022, the nearly Category 5 Hurricane Ian made landfall in southwest Florida with maximum sustained winds clocked at approximately 150 MPH. Reports out of Lee County, Florida have been particularly devasting, with images of communities wiped out …
Global Claims Services Appoints Matthews as Chief Executive Officer
Global Claims Services, an insurance technology company, has appointed Brian Matthews as chief executive officer. Matthews will work out of the GCS headquarters in Jacksonville, Florida. Matthews has spent more than two decades in the technology and data industries and …
Claims Adjuster Indicted for Stealing $28K and IDs of Victims of Massachusetts Gas Explosion
A claims adjuster working for Columbia Gas has been indicted in connection with stealing more than $28,000 and the identities of four victims of a 2018 Merrimack Valley gas explosions, Massachusetts Attorney General Maura Healey announced. Lashaunda Studaway, of Jackson, …
Wrongful Death Lawsuit in New Mexico Veteran’s Death Settled for $300K
A wrongful death lawsuit filed against the New Mexico Department of Health after a Vietnam War veteran contracted COVID-19 at a veterans’ home has been settled for $300,000. The Santa Fe New Mexican reports that 75-year-old Rickey Lee Widener of …
Drag Performer Files Defamation Suit in Idaho for Edited Video
A drag performer has filed a defamation lawsuit against a far-right blogger he accuses of releasing a doctored video that falsely made it look as if he had exposed himself to children. Eric Posey filed the lawsuit in a court …
Virginia Police Deny Excessive Force Claim by Son of Man Who Died After Traffic Stop
FRONT ROYAL, Va. (AP) –The son of a 77-year-old man who died after sustaining injuries during a traffic stop in Virginia earlier this year has filed a $6 million lawsuit that alleges the deputies involved in his father’s arrest used …
Scottish American Acquires Hawkeye Wholesale in Washington
Scottish American acquired Hawkeye Wholesale Insurance Services Inc. in Liberty Lake, Washington. Hawkeye was founded in 2012. It has capabilities of underwriting in California, Idaho, Oregon, Texas and Washington. Scottish American was founded in 2009 and grew out of an …
Ex-Health Executives Plead Guilty in Arkansas Fraud Case
Two former executives of a Missouri health nonprofit have pleaded guilty to their roles in a corruption scheme that ensnared several Arkansas elected officials and lobbyists, federal prosecutors said. Bontiea Bernedette Goss, 63, and her husband, Tommy Ray Goss, 66, …