INSURANCE NEWS
Former Students Sue Insurers over Alleged Abuse at Georgia Boarding School
Twenty men who said they were sexually abused at a prestigious boarding school in Georgia are now suing the school’s insurance companies for $345 million. The insurers argue that their policies did not cover the alleged abuse and that the …
People Moves: Liberty Names Lopez Managing Partner in California; Montoya Made Strategic Partnership Advisor
The Liberty Company Insurance Brokers named Michael Lopez a managing partner in the firm’s Santa Rosa, California, office. Lopez has more than 20 years of leadership experience. The Liberty Company also added Michelle Montoya as a strategic partnership advisor in …
Gun Rights Groups Seek Injunction Against Delaware Gun Control Legislation
Delaware gun rights groups have filed a federal lawsuit seeking an injunction against recently passed gun control legislation. The Delaware State Sportsmen’s Association filed the lawsuit in U.S. District Court on Wednesday, The News Journal reported. Other groups involved in …
California Governor Signs Gun Law Enabling Citizens to Sue for Violations
California Gov. Gavin Newsom on Friday signed a controversial gun control bill that was modeled after Texas’ vigilante abortion law, which enables private citizens to file lawsuits against anyone who imports, distributes, manufactures or sells illegal firearms in the state. …
Europe Wildfire Damage Jumps 75%; Models Need More Development: Chaucer
Damage from large wildfires in Europe has jumped dramatically, with a 75% increase in the amount of land burned in the latest year, according to analysis by Chaucer, the specialty re/insurer, which warns that modeling for wildfire risk in Europe …
Texas DWC Seeks Comments on Benefits Forms Changes
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting public comments on revisions to two forms: DWC Form-046, Request to Accelerate Impairment Income Benefits. This form is necessary to allow injured employees with a hardship a way …
$6.3 Million Settlement Reached over Arkansas Dump Site Fire
A $6.3 million settlement has been reached in a lawsuit that claimed smoke from an underground fire at a dumping site in northwest Arkansas harmed nearby residents. An attorney in the case confirmed the settlement, which involves 85 households with …
Wildfire Burning in Southwest South Dakota 40% Contained
A wildfire that started earlier this week west of Oglala, South Dakota has burned about 11 square miles and is 40% contained, according to officials. The fire began near Prairie Wind Casino on Tuesday evening and moved southeast. Oglala Sioux …
North Dakota to Analyze Blockchain Use on Assessing Uninsured Drivers
The North Dakota Insurance Department (NDID), in conjunction with the North Dakota Department of Transportation (NDDOT), announced it is conducting a proof-of-concept (“POC”) leveraging blockchain technology to identify uninsured drivers. NDID has selected AAIS (American Association of Insurance Services) and …
Ukraine, Russia Sign Deal to Reopen Grain Export Ports While War Continues to Rage
Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased. The accord crowned two months of talks …
Environmental Group Plans Suit Over Coal Ash in Alabama River Delta
An environmental group took the first step Wednesday toward filing suit over plans by Alabama Power Co. to leave millions of pounds of coal ash near a riverside within the vast Mobile-Tensaw Delta, which activists say could be devastated by …
Ukraine’s Grain Challenge: Clearing Mines, Finding Ships and Insurance, Trusting Putin
Ukraine is about to finally secure a deal aimed at restarting crucial Black Sea grain exports that have been crippled by Russia’s invasion. But getting them going won’t be easy. A deal is expected to be signed Friday by representatives …