January 20, 2022
Garner Insurance Agency, LLC.
Fri, 21 Jan 2022 00:01:38 +0000
A wildfire in a central Texas state park is no longer growing and no injuries were reported after the blaze, suspected to have been caused by a prescribed burn, charred 1.2 square miles (3.2 square kilometers), officials said. Texas A&M …
Thu, 20 Jan 2022 21:54:37 +0000
Two-thirds of executives say their companies are “very concerned” about climate change, and 79% believe the world is at “a climate change tipping point,” according to the recently released Deloitte 2022 CxO Sustainability Report. Deloitte polled more t...
Thu, 20 Jan 2022 17:48:01 +0000
Navigators Insurance, part of The Hartford, does not have to cover most medical and injury claims from 2,000 workers who cleaned beaches after the 2010 BP oil spill in the Gulf of Mexico, a federal appeals court decided Wednesday. In …
Thu, 20 Jan 2022 17:27:35 +0000
Alera Group, a national insurance and wealth services firm, has acquired Amarillo, Texas-based Heritage Risk Management, a network of independent risk management agencies which serve clients throughout Texas, Oklahoma, Colorado and New Mexico. Heritage...
Thu, 20 Jan 2022 17:18:52 +0000
A Congers, New York, contractor has been arrested after he was indicted on insurance fraud charges for allegedly underreporting his payroll by 89 workers. Anthony Frascone, 51, owner of Alpha-Omega, told his workers’ compensation insurance provider tha...
Thu, 20 Jan 2022 17:13:38 +0000
A food preparer and retailer in Scott and Carencro, Louisiana, has agreed to pay a former employee $67,500 to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission. The lawsuit was resolved through a consent decree, which U.S. …
Thu, 20 Jan 2022 17:07:25 +0000
New Jersey Gov. Phil Murphy has signed into law a bill that proponents have said makes the auto insurance claims process fairer for policyholders and businesses have warned will raise premiums. The New Jersey Insurance Fair Conduct Act gives motorists …
Thu, 20 Jan 2022 16:54:05 +0000
An advocacy group working to end clergy abuse in Wisconsin has delivered thousands of documents from Wisconsin’s five Catholic dioceses to the state attorney general, documents it says show a systemic coverup of abuse. The documents were provided to Na...
Thu, 20 Jan 2022 16:38:01 +0000
The University of Michigan has agreed to a $490 million settlement with more than 1,000 people who say they were sexually assaulted by a former sports doctor during his nearly four-decade career at the school, the university and those involved …
Thu, 20 Jan 2022 15:35:38 +0000
Insurer Travelers reported a quarterly profit of $1.3 billion, an increase of $23 million and a record for the fourth quarter that was achieved despite higher catastrophe claims. The Hartford-based insurer boosted net written premiums by 10% over last ...
Thu, 20 Jan 2022 15:21:47 +0000
Pinnacol Assurance named Jennifer Neppel chief investment officer. Neppel will succeed David Bomberger, who will retire on March 1 after nine years with Pinnacol. Neppel has a background in investment management, mostly for large healthcare organizatio...
Thu, 20 Jan 2022 15:20:06 +0000
This edition of International People Moves details appointments at Lloyd’s, Chubb and Willis Towers Watson (WTW). A summary of these new hires follows here. Lloyd’s Names Chubb’s Miller as Commercial Director Lloyd’s announced the appointment of Dawn M...
Thu, 20 Jan 2022 15:19:05 +0000
A Tennessee jury has awarded damages far above what the plaintiff asked for, after finding the Cracker Barrell restaurant company at fault for allowing a customer to accidentally drink a cleaning compound. The customer, William Cronnon, was having lunc...
Thu, 20 Jan 2022 14:43:40 +0000
The surprise rejection of Purdue Pharma LP’s sweeping opioid settlement is already reverberating through the rest of the bankruptcy system. Ascena Retail Group, the former owner of women’s fashion brands including Ann Taylor and Lane Bryant, is the lat...
Thu, 20 Jan 2022 14:26:31 +0000
U.S. airlines said on Wednesday the rollout of new 5G services was having only a minor impact on air travel as the U.S. Federal Aviation Administration (FAA) said it has issued new approvals to allow more low-visibility landings. The increased …
Thu, 20 Jan 2022 13:58:10 +0000
An oil spill at a refinery in Peru during high waves caused by the explosion last weekend of a volcano in Tonga is an “ecological disaster,” the Peruvian government said on Wednesday. The foreign ministry said that the oil spill …
Thu, 20 Jan 2022 12:31:39 +0000
Zurich Insurance Group has worked hard to turn around its financial results over the past five years by bringing underwriting back to the organization, with a greater focus on selecting the right risks, pricing them accordingly, properly structuring pr...
Thu, 20 Jan 2022 10:09:41 +0000
Insurtech Reask, an Australian science and technology company that focuses on natural hazard modeling, announced it has closed its seed funding round, led by Tencent, the global technology giant headquartered in China. The funding will support the next...
Thu, 20 Jan 2022 09:21:22 +0000
Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France, while aiming to identify other target territories during 2022. The company, which became the UK’s first insurtech uni...
Thu, 20 Jan 2022 08:43:04 +0000
Resilience, the San Francisco-based cyber managing general agent, announced it has earned delegated authority as a coverholder at Lloyd’s. As a Lloyd’s coverholder, Resilience will be positioned to deliver its comprehensive cyber risk management and in...
Thu, 20 Jan 2022 08:28:59 +0000
Two oil and gas explor­ation companies — Vantage Energy Services, Inc. and Vantage International Management Company Pte. Ltd. — will pay $54,500 and provide training to its managers and human resources staff to resolve a disability discrimination laws...
Thu, 20 Jan 2022 08:22:33 +0000
Three people have died as a result of a fire at a senior apartment building in southeastern Wisconsin that also injured several others, officials said. Kenosha Fire Chief Christopher Bigley said in a statement Tuesday the entire building was filled …
Thu, 20 Jan 2022 08:17:42 +0000
Investors who lost money from investing in Wirecard AG shares can’t make Germany’s financial regulator Bafin compensate them, a Frankfurt court ruled. The tribunal on Wednesday threw out four suits by shareholders who claimed they lost between 3,000 eu...
Thu, 20 Jan 2022 06:30:29 +0000
Britain’s financial watchdog said on Wednesday it planned to curb the marketing of cryptoassets and other high-risk investments, a move that comes amid a boom in crypto ads and endorsements from celebrities. The changes would strengthen risk warnings o...
Thu, 20 Jan 2022 06:04:12 +0000
Florida regulators will hold hearings Friday, Jan. 21, on another round of hefty rate hikes requested by property insurers facing losses in the state’s distressed property insurance market. Southern Fidelity Insurance Co., which was approved for a 31% ...
Thu, 20 Jan 2022 06:00:57 +0000
The FBI and other federal agencies are increasingly looking to counter cyber threats through tools other than criminal indictments, the head of the bureau’s cyber division said in an interview with The Associated Press. Arrests and indictments of forei...
Thu, 20 Jan 2022 06:00:45 +0000
A New York Post editor whose departure was announced Tuesday alleged she was fired two months after revealing to an executive that former editor Col Allan had sexually harassed her. The Post said any suggestion of wrongdoing related to Editor-in-Chief …
Thu, 20 Jan 2022 06:00:16 +0000
Privilege Underwriters Reciprocal Exchange, a policyholder-owned property/casualty insurer, it is now serving Idaho. The move completes its national expansion into all 50 states. PURE offers specialty insurance products, including coverage for high val...
Thu, 20 Jan 2022 06:00:13 +0000
With traffic fatalities spiking higher, the nation’s top safety investigator says a widely cited government statistic that 94% of serious crashes are solely due to driver error is misleading and that the Transportation Department should stop using it. ...
Wed, 19 Jan 2022 20:47:48 +0000
The blast from the volcano could be heard in Alaska, and the waves crossed the ocean to cause an oil spill and two drownings in Peru. The startling satellite images resembled a massive nuclear explosion. And yet, despite sitting almost …