INSURANCE NEWS

Calling All Top Agencies & Agency Partnerships: Enter to Be Recognized Now

It’s that time again! We hope you will consider entering your agency for Insurance Journal’s 2024 Top 100 independent agencies listing and Top Agency Partnerships listing. There are four ways to qualify: Top 100 Independent P/C Agencies Top Commercial Lines …
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Former Iowa Insurance Agent Sentenced 19 Years for Defrauding the Elderly

A former Iowa insurance agent and annuity salesman was sentenced to 19 years in prison for defrauding elderly individuals out of their retirement savings. A federal judge on Wednesday sentenced Zach Flaherty, age 47, of Clive, to 222 months for …
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Study Finds Higher Levels of Dangerous Chemical Than Expected in SE Louisiana

NEW ORLEANS (AP) — Researchers using high-tech air monitoring equipment rolled through an industrialized stretch of southeast Louisiana in mobile labs and found levels of a carcinogen in concentrations as much as 20 times higher than previously estimated, according to …
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Texas Ranchers Face Growing Risk as Abandoned Oil Wells Gush Gassy Water

In recent years, Schuyler Wight has noticed a growing number of abandoned oil wells coming back to life, gurgling fluids on the surface of his West Texas ranch. Last week he found the biggest one yet. Gassy water was gushing …
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Four Tops Singer Sues Detroit-Area Hospital for Racial Discrimination

WARREN, Mich. (AP) — The lead singer of the Four Tops said a Detroit-area hospital restrained him and ordered a psychological exam after refusing to believe that he was part of the Motown music group. Alexander Morris, who is Black, …
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People Moves: Hamilton Insurance DAC Promotes Reynolds as CEO; Dale Underwriting Partners Names Bridge as Active Underwriter, Succeeding Peters

This edition of International People Moves details appointments at Hamilton Insurance DAC, the Irish subsidiary of Hamilton Insurance Group, and Dale Underwriting Partners in London. A summary of these new hires follows here. Hamilton Insurance DAC Promotes Reynolds as CEO …
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Thousands of Amazon Drivers File Arbitration Claims for Unpaid Wages, Other Losses

Thousands of delivery drivers filed legal claims against Amazon, alleging the company’s classification of them as independent contractors instead of employees has led to unpaid wages and other financial losses. Two law firms spearheading the action said about 15,860 Amazon …
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UK Puts First Sanctions on Russia’s Shadow-Fleet Oil Tankers

The UK announced wide-ranging sanctions on Russia, including a first attempt to clamp down on a shadow-fleet of tankers transporting the Kremlin’s oil and a key Moscow-based insurance company.The measures target four oil tankers out of a fleet of hundreds …
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NC Bill to Make Manufacturers Pay for ‘Forever Chemicals’ Advances in House

RALEIGH, N.C. (AP) — North Carolina’s top environmental regulator could order manufacturers of “forever chemicals” to help pay for water system cleanup upgrades whenever they are found responsible for discharges that contaminate drinking water beyond acceptable levels, under legislation advanced …
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Overnight Fire Damaged or Destroyed 15 Boats at Nevada Marina

Authorities are trying to determine the cause of a fire that damaged or destroyed about 15 boats at a Lake Mead National Recreation Area marina in Nevada. National Park Service officials said the fire began around 12:30 a.m. on Sunday …
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Florida Jury Says Chiquita Brands Must Pay $38M for Colombia Deaths

Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia’s long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida decided. The verdict Monday by …
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R&Q Warns Its Financial Stresses Could Hit Business Stability and Lead to Liquidation

R&Q Insurance Holdings Ltd. warns it is facing growing financial difficulties, which could affect the “company’s stability as a business” and ultimately lead to liquidation. In a June 13 statement, R&Q acknowledges it has been struggling under the weight of …
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