INSURANCE NEWS
Cyclosporiasis Cases in Michigan Climb Above 6,000, State Health Officials Say
Michigan health officials reported 6,148 cases linked to an outbreak of cyclosporiasis on Monday, an increase of 1,146 cases since their last update on Friday. The outbreak in Michigan has resulted in 102 hospitalizations, according to the latest update from …
Texas Heat to Challenge State Grid’s Power Demand Record
A blast of intense heat across eastern Texas is set to challenge the state grid’s all-time power demand record. Preliminary estimates from the Electric Reliability Council of Texas, or Ercot, show demand late Monday afternoon neared the 85.508 gigawatts record …
Berry Producer Driscoll’s Sued Over Alleged Greenwashing, Use of Forever Chemicals
The world’s largest berry company will have to face a class-action lawsuit for supposed “greenwashing” after it allegedly failed to disclose the risk or use of pesticides containing what are known as “forever chemicals.” In a class-action lawsuit filed earlier …
Overlapping Disasters Challenge States Amid Trump Cuts
Across the US last week, different disasters — from Canadian wildfire smoke darkening the skies in the Midwest and Northeast to extreme heat along the East Coast to catastrophic flooding in Texas — disrupted daily life and put people’s health …
Another Sign of the Times: Security First Reduces Average Dwelling/Fire Rates
Ormond Beach-based Security First Insurance, with almost 50,000 dwelling/fire policies in Florida, announced it has cut average rates and is offering new discounts for DP policyholders. The carrier said it has reduced rates by an average of 5.6% for its …
People Moves: Mutual of Enumclaw Appoints Roddy as CFO; Vouch Expands Its Leadership Team
Mutual of Enumclaw Insurance Holding Company Appoints Roddy as CFO Mutual of Enumclaw (MOE), headquartered in Enumclaw, Washington, appointed Scott Roddy as chief financial officer (CFO) of the Mutual of Enumclaw Insurance Holding Company. Roddy brings more than 20 years …
LA Dodgers Owner’s Insurers Being Probed by Prosecutors
The billionaire Los Angeles Dodgers owner Mark Walter’s sprawling investment empire is facing scrutiny from U.S. prosecutors, who have been investigating potential financial improprieties at two of his insurance companies and at Guggenheim Partners LLC, according to people with knowledge …
New York City Braces for Heavy Rain Tuesday After Weekend Floods
Flooding rain is set to make a return to New York and New Jersey Tuesday, days after a weekend storm blocked city streets and forced pedestrians to wade through thigh-high water in some areas. Up to four inches (10 centimeters) …
Aon Ups Data Center Lifecycle Program Capacity Again: Now $5B
Aon plc is expanding its proprietary Data Center Lifecycle Insurance Program (DCLP) with an additional $1.5 billion, increasing the program’s first-party coverage capacity to $5.0 billion. In addition, Aon is offering integrated risk solutions that support digital infrastructure assets from …
Nominate Your Agency as a Best Agency to Work For
Once again, Insurance Journal is seeking the best retail insurance agencies to recognize for the annual Best Agencies to Work For awards. Does your retail insurance agency stand out as a great place to work? Does it foster a strong …
Former Italian Motorway Boss Among 32 Convicted Over 2018’s Genoa Bridge Tragedy
The former head of Italian motorway operator Autostrade per l’Italia was sentenced to 12 years in prison on Thursday [July 16] for his role in a disaster that killed 43 people when a bridge collapsed near the city of Genoa …
FDA Walks Back Positive Lab Test in Lettuce Cyclospora Outbreak
The Food and Drug Administration on Sunday withdrew an earlier positive test that had tied Taylor Farms’ lettuce to the cyclospora outbreak, even as health officials said the supplier remains a focus of their investigation. The false positive doesn’t change …