Tue, 20 Aug 2019 05:57:32 +0000
The number of wildfires in Louisiana has dropped significantly over the past decade, agriculture and forestry officials say. According to records, Louisiana Department of Agriculture and Forestry (LDAF) firefighters battled and suppressed 1,638 wildfir...
Tue, 20 Aug 2019 05:41:37 +0000
U.S. Department of Agriculture numbers show Ohio farmers have been hit with the state’s worst weather-prevented planting season on record. The Columbus Dispatch reports the data released this week shows Ohio had the highest rate nationally of acreage o...
Tue, 20 Aug 2019 05:28:50 +0000
West Bend Mutual Insurance Co. in West Bend, Wisconsin, has promoted five company executives. Heather Dunn is now senior vice president, as well as chief financial officer, a position she’s held since 2017. Dunn joined West Bend in 2008 as …
Tue, 20 Aug 2019 05:22:57 +0000
A suburban Detroit manufacturing facility has been fined after the death of an employee who fell into vat of sulfuric acid. The Detroit News reports the $32,500 fine was issued by the Michigan Occupational Safety and Health Administration, which comple...
Tue, 20 Aug 2019 05:00:54 +0000
E-cigarette maker Juul Labs Inc. and Philip Morris USA Inc. were sued for illegally marketing nicotine-delivery devices to minors and deceiving consumers about the risks of vaping. The lawsuit was filed on behalf of a 19-year-old, Christian Foss, who s...
Tue, 20 Aug 2019 05:00:49 +0000
President Vladimir Putin said there’s no risk from the explosion at a Russian military facility that caused a radiation spike and killed at least five people. “There’s no threat there and no increase in the background” radiation following the blast, …
Tue, 20 Aug 2019 05:00:29 +0000
Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday. The group’s “statement of corporate purpose” was signed by the heads of more than 180 U.S. companies, includi...
Tue, 20 Aug 2019 05:00:07 +0000
Blank Rome LLP has added Mary Craig Calkins, a partner, Daniel H. Rylaarsdam, of counsel, and Sarah L. Edri as an associate along with additional professional staff to the firm’s insurance recovery group. Calkins, Rylaarsdam and Edri are based in …
Mon, 19 Aug 2019 20:45:15 +0000
The Insurance Industry Charitable Foundation’s Western Division presented a $50,000 grant to the California Fire Foundation’s Supplying Aid to Victims of Emergency program on Aug. 16. The grant is to support Californians in need in the immediate afterm...
Mon, 19 Aug 2019 17:13:35 +0000
Abry Partners has agreed to acquire Lake Forest, Calif.-based Portfolio Holding Inc. from Capital Z Partners LP. The deal is subject to normal and customary closing conditions. Terms were not disclosed. All of Portfolio’s current management team will r...
Mon, 19 Aug 2019 16:22:20 +0000
Do you love your agency? Is your agency a Best Place to Work? Then don’t wait – nominate your agency today as a “Best Agency to Work For” in 2019. You must be a current employee of the agency you …
Mon, 19 Aug 2019 16:12:15 +0000
PG&E Corp. shares plunged Monday after a judge ruled that a jury can determine whether it should pay as much as $18 billion in damages to wildfire victims. The California utility giant fell as much 28%, to $10.22, at 9:35 …
Mon, 19 Aug 2019 15:50:04 +0000
Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts. According to specialists interviewed by Insurance Journal for their assessment of the market, the boom in ...
Mon, 19 Aug 2019 14:53:25 +0000
The value of global insurance premiums underwritten by artificial intelligence will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019, according to new data from Juniper Research. This growth will be driven by streamlined underwriti...
Mon, 19 Aug 2019 14:28:52 +0000
Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics-driven managing general underwriter that specializes in providing coastal commercial property insurance solutions to small and mid-sized enterprises. ...
Mon, 19 Aug 2019 14:24:25 +0000
A federal judge has allowed PG&E Corp. to retain the sole rights to propose a plan to exit bankruptcy, as he rejected efforts by investors to put forward competing plans, according to court documents. Judge Dennis Montali of the U.S. …
Mon, 19 Aug 2019 13:42:50 +0000
A vaping industry group sued the U.S. government last week to delay an upcoming review of thousands of e-cigarettes on the market. The legal challenge by the Vapor Technology Association is the latest hurdle in the Food and Drug Administration’s …
Mon, 19 Aug 2019 13:28:39 +0000
Eight students from a south Alabama high school are suffering elevated levels of carbon monoxide, and officials are trying to determine why. News outlets report that New Brockton High School canceled classes Friday after the students became ill on Thur...
Mon, 19 Aug 2019 13:24:25 +0000
A fire department in Kentucky says a collision between a commercial truck and a Greyhound bus has left at least 17 people injured. WKYT-TV reports Greyhound bus 1104 traveling from Atlanta to Cincinnati when it crashed Thursday afternoon around 4:30 …
Mon, 19 Aug 2019 13:20:24 +0000
A North Carolina woman has been sentenced to 18 months in prison for embezzling more than $330,000 from a man in her care. News outlets report 52-year-old Teresa Denise Schneider also was sentenced Thursday to five years’ supervised release and …
Mon, 19 Aug 2019 13:16:33 +0000
Eight years after shrinking its staff, Fort Lauderdale still doesn’t have the workers it needs to be sure a water line failure doesn’t leave the city dry the way it did last month. A contractor’s mistake July 18 ruptured a …
Mon, 19 Aug 2019 13:15:04 +0000
Britain will face shortages of fuel, food and medicine if it leaves the European Union without a transition deal, according to leaked official documents reported by the Sunday Times whose interpretation was immediately contested by ministers. Setting o...
Mon, 19 Aug 2019 13:05:27 +0000
New York state sent out dozens of subpoenas to entities linked to Purdue Pharma LP and its billionaire owners, the Sackler family, seeking documents that may show the movement of millions of dollars in profit from sales of the highly …
Mon, 19 Aug 2019 13:01:58 +0000
Hub International Limited, a global insurance brokerage, has hired disability insurance specialist Brian Allain and acquired his book of business. Based in Paramus, N.J., Allain provides group and executive disability product solutions to healthcare pr...
Mon, 19 Aug 2019 12:58:11 +0000
Finding a buyer for Philadelphia Energy Solutions’ oil refinery has grown urgent as the bankrupt company’s funds dwindle and no signs emerge that it is winning a fight for insurance payouts after a June blaze at the plant, according to …
Mon, 19 Aug 2019 12:45:25 +0000
Insurance broker Lockton announced the addition of Devin Beresheim as executive vice president for Lockton Specialty Practices. Beresheim replaces Brian Kawamoto who retired last year. Beresheim will lead Lockton Financial Services and will build growt...
Mon, 19 Aug 2019 12:10:53 +0000
The U.S. Centers for Disease Control and Prevention is investigating a “cluster” of lung illnesses that it believes may be linked to e-cigarette use after such cases were reported in 14 states. The CDC said there was no evidence that …
Mon, 19 Aug 2019 12:03:57 +0000
Yandex, a Russian equivalent to Google, said it is considering expanding its fleet of self-driving cars to up to 1,000 within the next two years in order to speed up tests on the fledgling technology. Yandex hopes to start testing …
Mon, 19 Aug 2019 11:52:38 +0000
Danish insulin-maker Novo Nordisk said it would fight a lawsuit filed in a Danish court on Friday which alleges the company made misleading statements about its insulin business in the United States, the company said in a statement. “Novo Nordisk …
Mon, 19 Aug 2019 11:50:51 +0000
Japanese property/casualty insurer Tokio Marine Holdings announced a partnership with Plug and Play’s Insurtech program in Singapore. With this new partnership in Singapore, Tokio Marine will now have access to Plug and Play’s network and the opportuni...