Liberty Mutual owes approximately $4 million to about 138,000 Louisiana policyholders after overcharging the Louisiana Property Insurance Corporation Emergency Assessment for the past four years, Insurance Commissioner Tim Temple said. Temple said the Louisiana Department of Insurance received a consumer …

A cybercrime crew stole then resold more than 900 digital tickets to Taylor Swift concerts and other pricey events on StubHub, according to prosecutors in New York. The international scam involved people working in Jamaica for a firm contracted by …

The interim chief of the US Securities and Exchange Commission says he expects a slowdown in the Wall Street regulator’s rulemaking after three-and-half “overly ambitious” years of pursuing market reforms. “The way I look at financial regulation is, we’re not …

New York State experienced 74 worker deaths in 2023, a 48% increase over 2022’s 50 deaths, according to an annual report by an occupational safety nonprofit. The report by the New York Committee for Occupational Safety and Health (NYCOSH) found …

A truck driver who killed seven farmworkers when he crashed into a parked van on Interstate 5 in Oregon was sentenced on Tuesday to nearly 50 years in prison. Marion County Circuit Court Judge Daniel Wren sentenced Lincoln Smith to …

The South Carolina House of Representatives voted 109-0 Thursday in favor of a bill that would end joint-and-several liability for bars and restaurants and would incentivize additional alcohol-server training, an effort to reduce liquor liability insurance costs in the state. …

Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co., announced it has launched a Cyber Risk Adjusted Rating (RAR) Index, which is designed to measure the change in reinsurance prices adjusted for expected changes to the underlying …

Zurich Insurance Group AG has amassed a substantial stake in Banco Sabadell SA, potentially giving it more influence over an important source of sales that’s facing a hostile takeover bid. The Swiss firm has increased its holding in Sabadell to …

This edition of International People Moves details appointments at the brokers Miller and Acrisure Re. A summary of these new hires follows here. Miller Taps SCOR’s Foucart as Managing Director in Reinsurance Practice Miller, the London-based independent specialist re/insurance broker, …

The world needs to prepare to fight global warming without the help of the US as the Trump administration pulls billions of dollars pledged to initiatives funding the green transition, the UK’s climate envoy said. This week, South Africa said …

A cyclone threatening Australia’s southeast coast has taken a long and meandering path over the past week, challenging forecasters seeking to provide residents in the storm’s path with certainty on its track. The issue stems from where the system has …

James G. Walker of Washington, D.C. was found guilty on two counts of second-degree murder, and 27 criminal building code violations, for the deaths of two tenants who were unable to exit when his building erupted in flames. According to …

Several U.S. retailers that publicly scrapped diversity, equity and inclusion programs – including Target, Amazon and Tractor Supply – are maintaining certain efforts behind the scenes. The three retailers, while they’ve ended DEI programs on paper, have told advocacy groups …

Standard market woes, captive growth and the increased importance of navigating relationships with third-party administrators — insurance experts in the commercial trucking arena have helped their clients traverse a challenging road in recent years. Earlier this month, a panel of …

Nationwide, headquartered in Columbus, Ohio, appointed Tonya Courtney to lead its new excess and surplus (E&S) brokerage property unit with the goal of opening for business in the second half of the year. Prior to joining Nationwide, Courtney served as …

Alliant Insurance Services announced two additions to the team in the Southeast. Sadler Norris was named vice president in the employee benefits group, based in Atlanta. His goal is to work with clients to develop benefits plans that reduce health …

The number of wildfires in Maryland during 2024 was much higher than the ten-year average, but acreage burned was significantly lower. In Maryland, 165 fires burned 953.4 acres during 2024, compared to 199 wildfires in 2023 that burned approximately 4,483 …

More insurers are paying contents coverage to California wildfire victims without requiring a detailed inventory, according to the California Department of Insurance. The CDI reported on responses from carriers following a notice issued by California Insurance Commissioner Ricardo Lara in …

A Southern California restaurant has been fined more than $1.1 million over wage theft and sick leave violations. The California Labor Commissioner’s Office took the action against Food Source LLC, a Buena Park restaurant, issuing penalties for wage theft and …

A construction company was fined more than $430,000 for California labor violations that resulted in unpaid wages, overtime and other violations. The state’s Labor Commissioner’s Office secured the settlement to return unpaid wages and damages to 86 carpenters employed by …