INSURANCE NEWS
People Moves: Delos Names Schween CTO; Legner Joins Trucordia as Agriculture Platform Senior VP; XPT Specialty Names McEachern VP, Commercial Underwriter/Broker
Delos Appoints Schween CTO Delos Insurance Solutions has appointed Brian Schween to the role of chief technology officer. Schween has extensive technology experience in the insurance industry, having had several C-level roles in a variety of organizations. Currently operating in …
UK’s Betfair Fights Landmark Lawsuit on Duty of Care to Gamblers
British gambling company Betfair is fighting a landmark London lawsuit that could determine whether betting companies owe a duty of care to problem gamblers, in a case that opened on Thursday and is being closely watched by the industry. The …
After Multiple Settlements, Judge Delays Civil Trial Over Baltimore Bridge Collapse
A federal judge agreed Monday to postpone a civil trial over the 2024 collapse of Baltimore’s Francis Scott Key Bridge after a flurry of last-minute settlements resolved most of the remaining claims. U.S. District Judge James Bredar expressed frustration about …
Renner Wants to Drop Premium Taxes, Expand Florida Cat Fund Coverage
Florida gubernatorial candidate Paul Renner, a former speaker of the Florida House, wants to eliminate the premium tax on residential property, part of his plan to reduce homeowners’ insurance costs. The plan, which also includes tweaks to the Florida Hurricane …
Delaware Declares Drought Watch as Precipitation Levels Drop
Delaware is under a statewide drought watch for the second time in three years due to a steep decline in precipitation levels. Officials are most worried about Kent and Sussex Counties. Governor Matt Meyer declared the drought watch after receiving …
Ohio Sues Contractor for Incomplete Home Improvement
Ohio Attorney General Dave Yost is suing a Mahoning Valley contractor who allegedly performed substandard home-improvement work or failed to complete the upgrades after accepting large down payments from customers. “This contractor pocketed down payments only to abandon the projects,” …
Biggest Diesel Shock Since 2022 Deals Another Blow to US Farmers
While US farmers brace for higher fertilizer and chemical bills tied to turmoil in the Middle East, another expense is already taking a bite out of razor-thin margins: diesel fuel. Prices for the fuel that powers tractors, combines and grain …
Corpus Christi Delays Decision on Billion-Dollar Water Plant
A bitterly divided Corpus Christi City Council voted early Wednesday morning to delay a decision on reviving an almost billion-dollar water plant it had rejected nine months earlier. The 7-2 vote came at 2:20 a.m., almost 15 hours into a …
Southern Poverty Law Center Seeks Dismissal of ‘Vindictive’ Indictment
A Justice Department indictment against the Southern Poverty Law Center is part of a “top-down” campaign of retribution against President Donald Trump’s perceived political enemies and constitutes a vindictive prosecution that must be dismissed, lawyers for the nonprofit argued Tuesday …
Deadly Screwworm Parasite Found in US Threatens Cattle Herd
A deadly cattle parasite was confirmed in the US for the first time in nearly a decade, posing the latest threat to a US herd already at its lowest level in 75 years. The US Department of Agriculture confirmed late …
Beware Business IT Consultant Who Secretly Installs Remote Access to Network
A Connecticut information technology consultant has pleaded guilty to fraud stemming from a computer intrusion scheme that cost a small business, according to federal prosecutors. Billie Conley, Jr., formerly of Shelton, pleaded guilty in federal court in New Haven to …
Zurich Insurance Expands Data-Center Offering Beyond the US
Zurich Insurance Group Plc is widening its offering for data-center projects to Europe and South America as it seeks to profit from the global buildout of infrastructure linked to artificial intelligence. The Swiss firm will insure risks associated with the …