INSURANCE NEWS
Woman Used Photos from Another Person in State Farm Claim, NCDOI Says
North Carolina authorities have charged one woman and are on the lookout for another in connection with a scheme to defraud a State Farm insurance company of more than $195,000. India Ayesha Wilkerson, 25, of Greensboro, was charged with insurance …
No Shops, No Gas: Large Swaths of Houston Are Still in the Dark
Days after Hurricane Beryl crashed through the city, Houston is still grappling with the aftershocks. Large swaths of America’s fourth-largest city are still without power, shutting stores and snarling traffic at non-functioning lights. Gas stations are either closed or swamped …
NRA’s Ex-CFO Agrees to Nonprofit Ban; Avoids Second Trial; Still Owes $2 Million
The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for any nonprofit company in New York, the state’s attorney general said Tuesday. Phillips agreed to the ban in May, three …
Judge: Protestors Can’t March Through Security Zone at Republican National Convention
MADISON, Wis . (AP) — A federal judge ruled Monday that protesters can’t march through a security zone at the Republican National Convention, handing a defeat to liberals who had pushed to have closer access to where delegates will be …
Texas Tank Cleaning Company Faces $800K Fine After Worker’s Fatal Injury
A La Porte, Texas tank cleaning company faces over $800,000 in fines after the company allegedly disregarded federal safety standards that may have protected their employees from hazardous working conditions and prevented another employee from suffering a fatal injury. In …
NYU Settles Suit by Jewish Students Who Complained of Antisemitism
New York University has settled a lawsuit filed last November by three Jewish students who said they had been subjected to “pervasive acts of hatred, discrimination, harassment, and intimidation” since the start of the Israel-Hamas war. NYU and the plaintiffs’ …
SageSure Secures $60M Cat Bond Ahead of Busy Hurricane Season
SageSure, a managing general agent specializing in catastrophe-exposed markets in the Southeast and other states, along with its affiliated Anchor Re captive reinsurer and SURE reciprocal, announced they have secured a $60 million catastrophe bond, three months after SageSure closed …
People: Stacks Brokerage in Florida Names Bordman Commercial President
Stacks Insurance Brokerage in Lighthouse Point, Florida, has named Kenny Bordman partner and president of commercial insurance. Bordman has more than a decade in commercial insurance, preceded by years in the U.S. Army and law enforcement, Stacks said in a …
Wildfire Risk Rises as Western States Dry Out Amid Ongoing Heat Wave
Authorities in Western states warned of the rising risk of wildfires as hot conditions and low humidity dry out the landscape amid a protracted heat wave that is expected to bake much of the U.S. again Thursday. California’s top fire …
Favre Wants Appeals Court to Reinstate Defamation Suit vs. Shannon Sharpe
NEW ORLEANS (AP) — Lawyers for retired NFL quarterback Brett Favre asked a federal appeals court Tuesday to revive a defamation lawsuit Favre filed against a fellow Pro Football Hall of Fame member, former tight end Shannon Sharpe, amid the …
Florida, Environmental Groups Settle Lawsuit Over Massive Phosphate Leak
ST. PETERSBURG, Fla. (AP) — Environmental groups and Florida regulators have settled a lawsuit over the 2021 leak of millions of gallons of polluted water from a phosphate plant reservoir into Tampa Bay, which triggered major fish kills and the …
French Shipping Company CMA CGM Loses 44 Containers in Tough Weather
French shipping and logistics company CMA CGM said on Thursday that its ship “Benjamin Franklin” had lost 44 containers in difficult weather conditions off the coast of South Africa on Tuesday. “No injury to the crew has been reported, no …