New Hampshire Won’t Reinstate License of Trucker Acquitted in Deadly Crash
New Hampshire safety officials last Thursday upheld the license suspension of a commercial truck driver who was acquitted in the 2019 deaths of seven motorcyclists but said another hearing will be held to determine how long the suspension will last. …
Oregon Utility Regulator Rejects PacifiCorp Request to Limit Liability in Wildfire Suits
Oregon utility regulators have rejected a request from PacifiCorp that sought to limit its liability in wildfire lawsuits. Under the proposal, PacifiCorp would only have been responsible for paying out actual economic damages in lawsuit awards. The company submitted the …
University to Pay $9 Million Over Campus Shooting That Killed 3, Wounded 2
The University of Virginia will pay $9 million in a settlement related to a 2022 campus shooting that killed three football players and wounded two students, a lawyer representing some of the victims and their families said last Friday. But …
People Moves: IMA Financial Group Adds Hennessey as EVP, Regional Sales Leader
IMA Financial Group, Inc. named Matt Hennessey executive vice president, Pacific Northwest region sales leader of Parker, Smith & Feek. Hennessey will be based in Seattle and work out of the Bellevue office. Hennessey has nearly 30 years of insurance …
AccuWeather: Year’s First Big Heatwave Raises Wildfire Risk in West
Severe heat will raise the risk of brush and grassfires from central and northern California, also bringing a moderate to and high risk of wildfires in parts of Arizona and New Mexico, a forecast out on Monday shows. The first …
Sentry Expands to Marine Cargo With Falvey Partnership
Sentry Insurance announced it has partnered with Falvey Insurance Group to offer admitted and non-admitted marine cargo capacity to Falvey’s broker partners. Falvey is a niche leading MGA offering several property and casualty solutions focused on the supply chain and …
Insurance Council of Texas Offers Tips for Hurricane Preparation
With June marking the start of 2024 Atlantic Hurricane Season, the Insurance Council of Texas (ICT) is reminding residents of steps to take to prepare for hurricanes. The National Oceanic and Atmosphere Administration (NOAA) has predicted an above-average hurricane season …
Louisiana Lawmakers Pass Auto Insurance Reform Bills to Boost Market Competition
Louisiana lawmakers passed a series of auto insurance reform bills that aim to bring availability and competition to the market by cutting down on excessive verdicts and settlements. Legislators passed four bills endorsed by Insurance Commissioner Tim Temple that he …
Tennessee, Kentucky Tobacco Farmer Sentenced for Second Crop Insurance Fraud
A Kentucky tobacco farmer has been sentenced to more than three years in prison after pleading guilty to crop insurance fraud, eight years after he was convicted of similar crimes. David Manion, 61, who resides in Lafayette, Tennessee, and owns …
Flight Attendants Accuse Jacksonville Jags Kicker of Sexual Assault on Plane
Two unnamed flight attendants have filed suit against the Jacksonville Jaguars NFL team and former placekicker Brandon McManus, accusing him of sexual assault during an 8-hour flight to London last fall. The women, referred to only as Jane Doe I …
Tesla to Recall 125,227 Vehicles Over Faulty Seat Belt Warning System
Tesla is recalling 125,227 vehicles in the U.S. due to a malfunction in its seat belt warning system that can increase the risk of injury in a collision, the National Highway Traffic Safety Administration said on Friday. The regulator said …
Nationwide Pet Shedding 100,000 Policies
The leading pet insurer in the U.S. said it is dropping about 100,000 policies starting this spring, citing inflation in the cost of veterinary care. Nationwide Pet, the leading provider of pet insurance for dogs, cats, birds and exotic animals, …
A 6th House Has Collapsed into Atlantic on North Carolina’s Outer Banks
RODANTHE, N.C. (AP) — Another house has collapsed into the Atlantic Ocean along North Carolina’s coast, the sixth to fall along the Cape Hatteras National Seashore’s beaches in the past four years, according to U.S. National Park Service officials. About …
California Supreme Court Resolves Question on Coverage for COVID Business Shutdowns
The California Supreme Court has resolved a question about insurance coverage for COVID-19 business shutdowns in the issue of a virus exclusion in a ruling that is consistent with the vast majority of courts nationwide: the presence of the virus …
Aon/NFP’s Lenox Advisors Acquires Maryland Benefits Firm Serving Medical Pros
Lenox Advisors, Inc., an affiliate of NFP, an Aon company, reports it has acquired Martin/Wight & Co., a Maryland-based insurance and financial services firm that specializes in serving medical professionals. Founders Brian Martin and Ted Wight will join Lenox as …
Building Explosion Kills Bank Employee, Injures 7 Others in Youngstown, Ohio
YOUNGSTOWN, Ohio (AP) — A massive explosion blew out much of the ground floor of an apartment building, killing a bank employee and injuring several other people. Police and emergency officials initially blamed natural gas, but the fire chief later …
Marsh McLennan Acquires Texas’ Perkins Insurance Agencies
Marsh McLennan Agency, a subsidiary of Marsh, announced the acquisition of Perkins Insurance Agencies, an Abilene, Texas-based independent agency. Terms of the acquisition were not disclosed. Founded in 1977, Perkins primarily provides commercial property and casualty and personal lines coverage …
American National Exiting Homeowners Insurance Market
Following its announcement several months ago to leave the homeowners insurance business in nine states including California and Louisiana, American National appears to be exiting the line in all states. According to a letter sent to employees and other stakeholders …
Michigan Willing to Repair Flint Homes Ripped Up by Pipe Replacement
DETROIT (AP) — The state of Michigan said it’s willing to step in and oversee property repairs at 1,900 homes in Flint where water pipes have been inspected or replaced but the grounds remain a mess. The city in March …
Inszone Acquires Texas’ T Blackwell Insurance Group
Inszone Insurance Services announced the acquisition of T Blackwell Insurance Group, an agency based in Garden Ridge, Texas. Founded by Tracey Blackwell in 2012, T Blackwell Insurance Group has carved a niche in personal lines insurance, offering a spectrum of …