INSURANCE NEWS
Senate Votes to Block California’s Rule to Ban Sale of New Gas-Powered Cars by 2035
The Senate voted on Thursday to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035, moving to kill the country’s most aggressive effort to transition toward electric vehicles as President Donald Trump’s administration has doubled …
D.A. Says Former California Police Officer on Workers’ Comp Went to Festival, Skied
A former Westminster, California, police officer and her stepfather were charged in a large-scale workers’ compensation fraud case after an investigation revealed the officer collected more than $600,000 in disability payments while reportedly engaging in physically strenuous activities. Nicole Brown, …
People Moves: Swingle Collins & Associates Names Curtis as President
Swingle Collins & Associates announced the appointment of Dan Curtis as President. Curtis will continue to foster a culture of growth and exceptional insurance services as he succeeds former president Mac Wesson, who will remain with the agency in a …
People Moves: Willis Promotes Williamson as Canada Leader; HDI Global Taps RSA’s McDowell as Sales & Distribution Lead for International Programs and Captives
This edition of International People Moves details appointments at Willis in Canada and HDI Global in London. A summary of these new hires follows here. Willis Promotes Williamson as Canada Leader Willis, a WTW business, announced the appointment of Grant …
New Orleans Archdiocese to Pay $179M to Victims of Clergy Sexual Abuse
The Archdiocese of New Orleans agreed to pay nearly $180 million to victims of clergy sexual abuse under a settlement announced Wednesday, the latest in a string of settlements by the Catholic Church. The archdiocese, its parishes and several insurers …
Man Who Burned Down a Missouri Church Sentenced, Ordered to Pay $7M
A man who admitted in federal court to setting the fire that destroyed an eastern Missouri church has been sentenced to more than nine years in prison and ordered to pay the church nearly $7 million. The sentence for Christopher …
FEMA Senior Officials Exit as Trump Targets Agency
The U.S. Federal Emergency Management Agency announced the departure of 16 senior executives on Wednesday, a significant shakeup of its leadership ranks less than two weeks before the start of what is expected to be a busy hurricane season. Those …
People Moves: Frankenmuth Insurance Appoints Ott Chief Legal Officer and Corporate Secretary; Brotherhood Mutual Announces VP Promotion, Addition and Transition
Frankenmuth Insurance Appoints Ott Chief Legal Officer and Corporate Secretary Frankenmuth Insurance, headquartered in Frankenmuth, Michigan, appointed Kelly Ott as chief legal officer and corporate secretary. Ott is the company’s top legal advisor, overseeing corporate legal matters, governance, and regulatory …
Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says
Nuclear verdicts against corporate defendants reached a record high in 2024, led by cases involving products liability and intellectual property, according to a new report from research firm Marathon Strategies. The number of nuclear verdicts—those that surpass $10 million—rose to …
NCDOI Fines Builders Mutual for Repeat Violations in Commercial Auto
Builders Mutual Insurance and its subsidiary, Builders Premier, have agreed to pay a $39,000 penalty after a North Carolina market conduct examination again found issues with producer licensing, nonrenewals and subrogation recoveries. The Raleigh-based Builders already has issued small refunds …
Markets/Coverages: CFC Adds Cyber Proactive Response to More Industry Products
CFC said it has extended the benefits of its new Cyber Proactive Response (CPR) coverage to existing policies tailored for the digital health, fintech, and technology sectors, effective immediately. “Each of these sectors is a prime target for cybercriminals due …
Plane Crashes into San Diego Neighborhood, Setting Homes And Vehicles on Fire
A small plane crashed into a San Diego neighborhood during foggy weather early Thursday, setting about 15 homes on fire as well as vehicles, and forcing evacuations along several blocks, authorities said. “We have jet fuel all over the place,” …