The U.S. property/casualty market sustained an estimated $21.1 billion in underwriting losses in 2023, highlighting the challenges the industry faces as a result of natural catastrophes and inflation. According to joint analysis by global data analytics and technology provider Verisk …

The California Labor Commissioner’s Office reached a $658,948 settlement with a Los Angeles residential care facility. The settlement was to compensate 34 workers who were reportedly not paid for all hours worked. The LCO began investigating reports in 2023 that …

Improper maintenance and the pilot’s failure to abort takeoff likely caused a small plane to crash into a building in New Hampshire in 2022, killing both people on board and sparking a fire, the National Transportation Safety Board said in …

California Insurance Commissioner Ricardo Lara appointed Alycia Anderson, Kelly Huang and Marquita Thomas to the state’s Insurance Diversity Task Force. The task force oversees the department’s insurance diversity initiative, which encourages insurance companies to advance diversity of their corporate boards …

The Securities and Exchange Commission (SEC) this week charged Ilit Raz, CEO and founder of the failed artificial intelligence recruitment startup Joonko, with defrauding investors of at least $21 million. According to the SEC, Raz gave investors false and misleading …

Federal officials say a New Jersey construction contractor with a history of ignoring federal fall safety standards has again been found exposing employees to potentially deadly fall hazards in eight work site inspections. The federal Occupational Safety and Health Administration …

It’s that time again! We hope you will consider entering your agency for Insurance Journal’s 2024 Top 100 independent agencies listing and Top Agency Partnerships listing. There are four ways to qualify: Top 100 Independent P/C Agencies Top Commercial Lines …

A former Iowa insurance agent and annuity salesman was sentenced to 19 years in prison for defrauding elderly individuals out of their retirement savings. A federal judge on Wednesday sentenced Zach Flaherty, age 47, of Clive, to 222 months for …

NEW ORLEANS (AP) — Researchers using high-tech air monitoring equipment rolled through an industrialized stretch of southeast Louisiana in mobile labs and found levels of a carcinogen in concentrations as much as 20 times higher than previously estimated, according to …

In recent years, Schuyler Wight has noticed a growing number of abandoned oil wells coming back to life, gurgling fluids on the surface of his West Texas ranch. Last week he found the biggest one yet. Gassy water was gushing …

WARREN, Mich. (AP) — The lead singer of the Four Tops said a Detroit-area hospital restrained him and ordered a psychological exam after refusing to believe that he was part of the Motown music group. Alexander Morris, who is Black, …

This edition of International People Moves details appointments at Hamilton Insurance DAC, the Irish subsidiary of Hamilton Insurance Group, and Dale Underwriting Partners in London. A summary of these new hires follows here. Hamilton Insurance DAC Promotes Reynolds as CEO …

Sunstar Insurance Group, LLC announced a merger with First Arkansas Insurance in Pine Bluff, elevating Sunstar’s statewide presence to now include 14 independent insurance locations and over 120 employees generating almost $19 million in combined revenue. First Arkansas will continue …

The U.S. Department of Agriculture (USDA) is enhancing Federal crop insurance for blueberry producers in Michigan beginning in the 2025 crop year. This change will enable producers to receive different pricing and optional units for three seasonal types of blueberries …

OMAHA, Neb. (AP) — A Nebraska funeral home discovered that a 74-year-old hospice patient who was declared dead by her nursing home two hours earlier was actually still alive, so workers started CPR and she was rushed to a hospital, …

Artemis Risk Solutions, a recently formed insurance brokerage specializing in employee benefit solutions, property & casualty, and personal lines formally has announced its launch. Co-founded by industry veterans Clint Anderson, Chief Revenue Officer, and David Lamb, President, P&C, Artemis is …

WEST ALTON, Mo. (AP) — Commerce along the Mississippi River has evolved over the past century at the expense of many once-thriving river towns. But persistent and sometimes devastating flooding has added to the woes of some of those towns. …

A federal judge has upheld the Department of Labor’s finding that a Houston, Texas crane and rigging services provider violated federal law by firing a company truck driver on June 5, 2020, for refusing to exceed safe driving limits set …

US consumers, unaccustomed to falling prices for the past several years, were able to breathe a little bit easier last month as many necessities — from groceries to gasoline to car insurance — became cheaper. Even many discretionary goods and …

U.S. healthcare providers can ask UnitedHealth Group to notify people whose data was exposed during a hack on the company’s Change Healthcare unit in February, according to an update on the health department’s website. The news comes as a relief …