INSURANCE NEWS
Historic Indiana Building Collapses Amid Renovation
A nearly 150-year-old building that was in the midst of a renovation collapsed in a northwestern Indiana city, scattering bricks and debris onto a street but causing no injuries, officials said. No one was inside the three-story building when a …
World Insurance Associates Acquires Clinard Group in North Carolina
World Insurance Associates, one of the larger brokerage firms in the country, has acquired North Carolina-based Clinard Insurance Group. WIA, headquartered in Iselin, New Jersey, announced that it had purchased Clinard on Oct. 1. Terms were not disclosed. Clinard, or …
Man Pleads Guilty to $2M Fraud in Prudential-Administered Military Injury Program
A former U.S. Navy chief petty officer, now living in Georgia, has pleaded guilty to being the ringleader in a $2 million scheme that claimed unusual injuries to defraud a disability program, administered by The Prudential, that was designed for …
Can More Rigorous Accounting Lead to Fewer Workplace Injuries?
Businesses wanting to make their workplaces safer might try adopting a more rigorous accounting system. A new study finds a link between a firm’s workplace injuries and the information quality in its accounting statements. Danye Wang, assistant professor of accounting …
Prosecutors Probing New Mexico Movie Set Shooting
A sheriff’s department submitted its investigative findings to prosecutors in the death of a cinematographer shot and killed by Alec Baldwin on a film set in New Mexico in October 2021. Santa Fe Sheriff’s Office spokesman Juan Rios said that …
Alaska Village Resists Despite Climate, Flooding Threats
Search online for the little town of Shishmaref and you’ll see homes perilously close to the ocean, and headlines that warn this Native community in western Alaska is on the verge of disappearing. Climate change is partially to blame for …
New Jersey Lawmakers Advance Bill Limiting Gun Carry, Requiring Liability Insurance
A New Jersey legislative committee voted to require liability insurance for gun owners and restrict where they could carry their weapons, moving what would be some of the strictest US firearms limits closer to becoming law. The vote by the …
Cleanup After Five Tornadoes Touched Down in South Alabama, Mississippi
Residents and businesses are cleaning up after at least five tornadoes touched down in a severe weather outbreak along the Mississippi and Alabama Gulf Coast. No injuries or deaths were reported after the Saturday twisters. The National Weather Service said …
New York City Pay Disclosure, In Effect Today, Escalates Raise Frenzy
Most New York City businesses on Tuesday will be required by law to add salary ranges to job ads, escalating a frenzy among employees and job seekers asking for pay increases in line with new postings. Nearly a third of …
Independence Pet Group (IPG) Completes Purchase of Fairfax’s Pet Insurance Units
Independence Pet Group (IPG), the full-stack pet insurance platform, announced the completion of its acquisition of Fairfax Financial Holdings Ltd.’s U.S. and Canadian interests in the Crum & Forster Pet Insurance Group (C&F Pet) and Pethealth Inc. IPG purchased the …
19th Person Indicted in Scheme Using Stolen IDs to Defraud Rideshare Companies
A nineteenth co-conspirator was indicted by a federal grand jury in Boston this week in connection with a nationwide conspiracy to open fraudulent driver accounts with rideshare and delivery service companies, law enforcement officials reported. Officials said Caio Felipe Oliveira …
Tesla Manslaughter Trial Hinges on Question of ‘Man vs Machine’
A manslaughter trial set to begin in Los Angeles for a fatal crash caused by a Tesla operating on Autopilot presents a first-of-its kind test for the legal responsibility of a human driver in a car that was partly driving …