American Airlines must face a lawsuit claiming it failed to prudently oversee employee retirement funds because it used asset managers that pursued sustainable investment strategies, a federal judge in Fort Worth, Texas ruled. U.S. District Judge Reed O’Connor said pilot …

In the glittering world of high-end south Florida real estate, One Sotheby’s International Realty is known as one of the biggest players in the market. This month, the firm is handling the rental of NBA superstar Kevin Durant’s penthouse in …

ALKEME acquired Ferrante Insurance Services in Concord, California. Ferrante Insurance Services specializes in providing commercial risk services to contractors throughout California including general liability, workers’ compensation, business auto and bonds. ALKEME is an insurance agency providing businesses and individuals commercial …

A Framingham, Massachusetts roofing contractor with a history of fall-related safety violations again exposed its employees to potentially fatal falls, this time to falls of up to 20 feet at a residential worksite in Boston’s Hyde Park neighborhood, according to …

The Workers’ Compensation Insurance Rating Bureau plans to submit to the National Association of Insurance Commissioners (NAIC) insurer-specific California workers’ comp terrorism exposure data, including policy counts, payroll and terrorism premium information, by March 1. The data from the WCIRB, …

The U.S. Chemical Safety and Hazard Investigation Board released an update on the agency’s investigation of a Nov. 19, 2023, fire at the Martinez Renewables facility in Martinez, California, finding that a metal tube ruptured within a reactor charge furnace …

Texas-based internet dating service provider Bumble, Inc. will pay $315,000 and change its business practices to settle allegations it violated New Jersey’s consumer protection and internet dating safety laws by misrepresenting or failing to disclose its criminal background screening policies …

Texas Governor Greg Abbott has appointed Jeffrey Houston to the Risk Management Board for a term set to expire on February 1, 2025. Additionally, the Governor named Gerald Ladner, Sr. chair of the board. The Board coordinates, monitors, and directs …

BATON ROUGE, La. (AP) — In the moments before Linda Frickey was dragged to her death during a fatal carjacking, the 73-year-old had been sitting in her parked vehicle in New Orleans when she was surrounded by four teenagers. The …

VIAA Names Drda Alliance Coordinator Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois, hired David Drda as an alliance coordinator. Drda has 12 years of insurance industry experience, previously …

A North Carolina insurance agent has pleaded guilty to tax evasion and could face up to five years in prison and a $250,000 fine, a federal prosecutor said Wednesday. Arturo Barcenas Gonzalez, is owner of Barcenas Insurance Agency and Barcenas …

Oklahoma’s captive insurance program reported a 31% net gain in 2023, the Oklahoma Insurance Department said. OID issued 20 new licenses in 2023 with six dissolutions, resulting in a net gain of 14 new captive insurers. Oklahoma’s total number of …

The City of Chicago is suing six oil and gas corporations and their largest trade association for deceiving Chicago consumers about the climate change dangers associated with their products, mayor Brandon Johnson announced this week. The city filed a nearly …

ATLANTA (AP) — When she was behind bars in Georgia, Nia Thomas would use toothpaste to stick handwritten flyers to the wall and spread the word about community bail funds that could pay inmates’ bonds, no strings attached. “I was …

BISMARCK, N.D. (AP) — President Joe Biden has approved North Dakota Gov. Doug Burgum’s request for a major disaster declaration related to a Christmastime ice storm that toppled power lines and left thousands of people without power. Burgum’s office announced …

A gang member who ran a fire restoration company has been convicted of using violence, threats of violence, and extortion to terrorize and dominate the fire restoration industry in New York City. After presiding over a two-week bench trial in …

Nevada regulators have issued the first license to operate a lounge where cannabis can be consumed recreationally, marking the first of what are expected to be dozens of such operations. The state Cannabis Compliance Board announced that the license was …

Insurtech Root Inc. posted a net loss for the fourth quarter 2023 of $24 million and a net loss for the year of $147.4 million. Results were improvements from net losses of about $58.3 million for fourth quarter 2022 and …

Hail of two inches or greater struck the United States on 141 days last year — the highest number of annual days in two decades, according to a new CoreLogic report. Severe convective storms generated “an unprecedented amount of insured …

Vermont Gov. Phil Scott has requested a federal major disaster declaration to help communities hit by severe rainfall and flooding in December. Such a declaration would allow municipalities to be reimbursed for 75% of eligible costs, such as debris removal, …