Omaha-based Insurate, a data science-based provider of workers’ compensation, announced a $4.5 million seed round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd. Joining the round are Foundation Capital, Revolution’s Rise of the Rest …
California Insurance Commissioner Ricardo Lara on Wednesday directed three auto insurance companies to reimburse California drivers the excess premiums they were charged from the start of the pandemic, or face legal action. The commissioner’s order is directed at Allstate Northbrook …
The U.S. Coast Guard received the first report of a possible oil spill off the Southern California coast more than 12 hours before a company reported the major leak in its pipeline and a cleanup effort was launched, records show. …
A federal jury in Los Angeles awarded $6.3 million to actor Shannen Doherty on Monday in a lawsuit alleging that State Farm failed to pay sufficiently for damage to her house in a 2018 California wildfire. The jury found that …
Inszone Insurance Services acquired Yuma Foothills Insurance in Yuma, Ariz. Yuma Foothills Insurance has provided insurance services to both businesses and residents of Yuma and surrounding areas for more than 25 years. Following the transition, Yuma Foothills Insurance employees will …
A Pennsylvania man was sentenced to 180 days in the Essex County Correctional Facility as a condition of probation for committing insurance fraud when he staged a motor vehicle accident in Newark, New Jersey. James E. Payne of Wilkes Barre, …
Syracuse University will pay $3.7 million to settle a lawsuit brought by five female faculty members who claimed they were paid less than their male counterparts who held equivalent positions. The settlement entered in state Supreme Court in Brooklyn will …
Flood insurance premiums figure to increase for thousands of Connecticut residents when the federal government implements a new rate system, some by as much as $100 per month – but most by up to $10 monthly. The Federal Emergency Management …
The Independent Insurance Agents & Brokers of America (the Big “I”) installed Kansas’ Bob Fee, president of Fee Insurance Group Inc. in Hutchinson, as 2021-22 Big “I” chair at the recent Big “I” Fall Leadership Conference in Kansas City. Fee …
A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in the Czech Republic but doesn’t appear to have an office there. It may be operating out of Moscow’s tallest skyscraper …
