INSURANCE NEWS
Michigan Golf Club Pays $440K Settlement for Alleged Fraudulent Pandemic Loan
RICHLAND, Mich. (AP) — A golf club in southwestern Michigan has agreed to pay $440,000 to settle allegations that it wrongly obtained a loan through a federal program during the COVID-19 pandemic, authorities said Monday. Gull Lake Country Club, near …
Missouri Football Field to Feature Shelter Insurance Logo in New Form of Advertisement
When the nationally ranked University of Missouri Tigers football team takes the field Thursday for its season opener against Murray State, fans will notice something unusual on the field: sponsored logos. A new rule change by the NCAA allows sponsorships …
Delaware Top Court Will Hear Drugmakers’ Appeal to End Zantac Lawsuits
Delaware’s highest court said on Tuesday it will hear an appeal by GSK and other drugmakers seeking to end more than 70,000 lawsuits claiming discontinued heartburn drug Zantac caused cancer. GSK, Pfizer, Sanofi and Boehringer Ingelheim are asking the court …
Wearable Sensors Can Predict Overheating but Is There Privacy Risk?
On a hot summer day in Oak Ridge, Tennessee, dozens of men removed pipes, asbestos and hazardous waste while working to decontaminate a nuclear facility and prepare it for demolition. Dressed in head-to-toe coveralls and fitted with respirators, the crew …
NC High Court Allows Liquidation of Lindberg Insurers; He Owes $524M in Fed Case
Greg Lindberg, the North Carolina insurance and business executive now awaiting sentencing on a bribery conviction, can’t escape a $524 million arbitration and civil judgment against him, a federal appeals court decided this week. Also this week, the state Supreme …
Ban on Switchblades Violates Second Amendment: Massachusetts High Court
A 1957 Massachusetts law banning the possession of certain switchblades violates the federal Second Amendment right to bear arms, the highest court in Massachusetts has ruled. The state court found that switchblades qualify as “arms” under the Second Amendment and …
Extreme Rain Is a Growing Climate Threat to the Northeastern US
As high temperatures break records around the US and wildfires rip through the West, another climate-driven weather hazard — extreme rainfall — is pummeling the country’s Northeast and scientists say it will get worse as the climate changes. That will …
Rare and Deadly Mosquito Virus Infection Has Massachusetts Towns on Alert
A rare but deadly disease spread by mosquitoes has one town in Massachusetts closing its parks and fields each evening. Four other towns are urging people to avoid going outdoors at night. They’re concerned about eastern equine encephalitis. State health …
Inszone Acquires Texas’ Keith Williams Insurance Agency
Inszone Insurance Services, a provider commercial, personal and benefits insurance, announced the acquisition of Keith Williams Insurance Agency, Inc. (KWI), a Victoria, Texas-based agency serving individuals and businesses throughout Texas. This strategic move underscores Inszone’s commitment to expanding its footprint …
Coney Island Roller Coaster Shut Down After Mid-Ride Malfunction
The famous Coney Island Cyclone roller coaster in New York City was shut down indefinitely after coming to a stop mid-ride last week. The 97-year-old wooden roller coaster at Luna Park was on its ascent on Thursday when ride operators …
Insurtech Root, Goosehead Partner on Tech Integration for Independent Agents
Root, Inc., parent company of Root Insurance Company, has partnered with personal lines insurance agency Goosehead Insurance, Inc. on a technology integration partnership they said will speed up Goosehead agents’ ability to sell Root insurance products. “Root and Goosehead identified …
Kansas Man Senteced for Securities Fraud
Kansas Insurance Commissioner Vicki Schmidt announced that a Wichita man has been sentenced to prison for securities fraud. Jesse Wayne Harris, age 36, was sentenced in Sedgwick County District Court on August 20 to 30 months in prison for three …