Yearly Archives: <span>2023</span>

Shelter-in-Place Order Lifted After Georgia Chemical Plant Fire Extinguished

Emergency crews extinguished a fire at a Georgia chemical plant shortly after 10 p.m. Saturday, allowing officials to lift a shelter-in-place order issued in the afternoon when the fire broke out for the second time in the day. The fire …

Breaking it Down: What Florida Insurers Need to Know about Bad Faith After Tort Reform

Bad-faith litigation is a hot topic in Florida following the passage of the new tort-reform measure known as House Bill 837. However, even in the face of reasonable legislative changes, it remains important for insurers and their adjusters to be …

Capitola in California Secures $15.6M in Funding Round Led by Munich Re Ventures

Capitola in California has raised $15.6 million in its Series A funding round led by Munich Re Ventures. The firm reports this round will be used to grow Capitola’s platform with an emphasis on its market intelligence capabilities and to …

A Look Back at Boston Marathon Bombing Insurance Claims

Ten years ago, on April 15, 2013, two brothers placed pressure cooker bombs near the finish line of the Boston Marathon. The devices detonated within seconds of each other, killing three people, injuring more than 260 others, and causing property …

California Workers’ Comp Fraud Task Force Uncovers $1.6M in Unreported Payroll

California private security company owner Luis Burgos, 50, and his former business partner, Sohan Singh, 57, were charged for their alleged involvement in a workers’ compensation insurance fraud scheme after an investigation by the Central Valley Workers’ Compensation Fraud Task …

Thieves Grab Hundreds of Thousands of Dimes From Parked Truck

A truck containing hundreds of thousands of dollars worth of dimes was broken into while it was parked overnight at a Philadelphia store, and authorities say the thieves apparently made off with at least $100,000. The theft was reported around …

Cleanup Underway After Freight Train Derailment, Fire in Maine

SANDWICH ACADEMY GRANT TOWNSHIP, Maine (AP) – Railway owner Canadian Pacific Kansas City is leading cleanup and track repairs following a freight train derailment and fire in Maine that sent three railway workers to the hospital for treatment, officials said …

People Moves: Sompo Int’l Promotes Hyland to President of North America Reinsurance, Succeeding Hanke; Kegel Appointed Managing Director, DUAL Benelux

Sompo Int’l Promotes Hyland to President of N. America Reinsurance, Succeeding Hanke Sompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced the promotion of Margaret Hyland to president of North America Reinsurance. Hyland takes over …

Kansas Steakhouse to Pay $55K Over Pregnancy Discrimination Suit

A.V.I. Sea Bar & Chophouse restaurant, a Wichita, Kansas steakhouse with an attached catering service known as Corporate Caterers of Wichita, has agreed to pay $55,000 to a former employee and furnish other relief to settle an employment discrimination lawsuit …

Insurers Balk at Coverage for Firm Accused of Delivering Damaging Biofuel to Customers

Two Crum & Forster subsidiaries have asked a federal court in Massachusetts to declare that they have no duty to provide coverage to an insured heating oil company over its delivery of oil diluted with high quantities of biodiesel that …