INSURANCE NEWS
SageSure and Markel Collaborate to Expand Capacity in Coastal States
Managing general underwriter SageSure announced it is collaborating with Markel to introduce new capacity to its expanded markets program, broadening underwriting eligibility in coastal states. SageSure Expanded Markets will distribute Markel’s insurance products first in Louisiana, South Carolina, and Texas, …
First MainStreet Insurance Adds Three Agencies
First MainStreet Insurance announced the addition of three new agencies to its platform. Pederson Insurance located in Nevada, Iowa joined FMSI on July 1. The insurance agency offers auto, commercial, farm, financial, home and powersports products. Jarod Pederson has owned …
Childcare Provider to Pay $43K in Back Wages After Retaliation Against Texas Worker
The U.S. Department of Labor has ordered the Southlake, Texas location of a national childcare provider to reinstate an employee and pay $43,295 in back wages and damages after the employer fired them for reporting concerns about unsanitary and unsafe …
Chicago Is About to Sizzle Under Hottest Days of the Summer
Chicago and the Midwest will swelter under the warmest days of summer as forecasters warn people to limit their outdoor activities. Temperatures in the Windy City are forecast to reach 96F (36C) on Monday and 98F on Tuesday, but with …
AT&T Paying to Resolve Investigation Into 911 Outage
AT&T has agreed to pay $950,000 after a Federal Communications Commission investigation found the company failed to deliver 911 calls to emergency call centers and did not notify officials during an August 2023 outage, the agency said on Monday. The …
The Murdaugh Drama in SC Continues: Store That Sold Beer Now Suing its Insurers
The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers for failing to defend it against a second lawsuit stemming from the sale of beer to an underage Paul Murdaugh …
Chinese Hackers Breach US Internet Firms Via Startup, Researcher Says
The state-sponsored Chinese hacking campaign known as Volt Typhoon is exploiting a bug in a California-based startup to hack American and Indian internet companies, according to security researchers. Volt Typhoon has breached four US firms, including internet service providers, and …
Climate Campaigners Take EU to Court Over 2030 Emissions-Cutting Rules
Environmental campaigners have taken the European Commission to court over its emissions rules for 2030, seeking a ruling from Europe’s second-highest court that would force the bloc to strengthen its climate policy, they said on Tuesday. In a case before …
Lowe’s Scraps Some DEI Policies as Activist Claims a New Win
Lowe’s Cos. is scaling back its diversity, equity and inclusion programs, the latest American company to end such initiatives following a series of activists attacks on firms that promote DEI. The home-improvement retailer will no longer participate in surveys for …
UK Broker Clear Group Acquires R T Waters Ltd.
Clear Group, the London-based independent insurance broker, announced it has acquired the share capital of UK-based R T Waters Ltd. Financial details of the deal were not disclosed. This latest deal adds to Clear’s presence in South East England as …
Hone Weakens to Tropical Storm and Sweeps Past Hawaii, Dumping Enough Rain to Ease Wildfire Fears
Hone passed south of Hawaii and weakened from a hurricane to a tropical storm on Sunday, dumping so much rain that the National Weather Service called off its red flag warnings that strong winds could lead to wildfires on the …
Fanatics Refiles Suit Against Cardinals’ Marvin Harrison Jr., Adds Father and Fraud Allegations
Apparel manufacturer Fanatics has refiled its lawsuit against Arizona Cardinals rookie receiver Marvin Harrison Jr., adding his father, former NFL star Marvin Harrison Sr., and fraud allegations in addition to breach of contract. The lawsuit was originally filed in New …