Yearly Archives: <span>2023</span>

Michigan Plastics Manufacturer to Pay $663K Over Forever Chemicals Violations

BRIGHTON, Mich. (AP) – A plastics manufacturer reached an agreement with the state to investigate and address hazardous substances known as “forever chemicals” at a former factory in Livingston County, Attorney General Dana Nessel said Monday. Asahi Kasei Plastics North …

$225K Settlement Ends Police Brutality Suit in Ohio’s Largest City

COLUMBUS, Ohio (AP) _ Officials in Ohio’s largest city have reached a $225,000 settlement with a man who said police officers used improper force during a 2017 arrest. The Columbus City Council voted unanimously Monday to approve the deal with …

Kansas High Court Reverses $3.4M Bad Faith Judgment Against Insurer

An insurer’s duty to act in good faith and with reasonable care does not necessarily include a requirement to begin settlement negotiations before a claim is filed, the Kansas Supreme Court ruled. The high court affirmed a panel decision by …

Florida Citizens Shucks Nationwide Search, Names Cerio New CEO

The Citizens Property Insurance Corp. Board of Governors, in a special meeting Tuesday, surprised some in the Florida insurance industry by naming its general counsel as CEO – without a nationwide search. The board voted unanimously to elevate Tim Cerio …

Chubb Q4 Net Income Down 39%

Fourth quarter 2022 net income at Chubb Ltd. was about $1.3 billion, nearly 39% lower than the same period the prior year, due to catastrophe losses and results in the company’s agriculture business from a below-average crop year. The P&C …

Attacks on U.S. Power Grids Rose to All-Time High in 2022

Attacks on US power grids rose to an all-time high last year, further straining the sprawling and aging network. The number of direct physical attacks, including acts of vandalism and other suspicious activity, that potentially threatened grid reliability rose 77% …

Slide Will Assume 91,000 Policies and Premium in United P&C Runoff in Florida

One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young company has done it again. The Florida Office of Insurance Regulation on Tuesday signed a consent order granting Tampa-based Slide …

Feds Grant $132M to Improve California Roads and Tackle Traffic Fatalities

U.S. Transportation Secretary Pete Buttigieg announced $800 million in grant awards through the new Safe Streets and Roads for All Grant Program includes 50 grants for communities in California. The competitive grant program, established by President Joe Biden’s infrastructure law, …

$32M Settlement in California Child Welfare Lawsuit

Central California’s Tulare County will pay $32 million to settle a lawsuit alleging its child welfare agency failed to respond to reports of abuse involving an infant boy who was hospitalized for malnutrition and suffered brain damage, plaintiffs’ attorneys said …

MPL Insurers Curi and Constellation Agree to Merge

Curi Holdings, Inc. and Constellation, Inc., two of the nation’s leading providers of medical professional liability (MPL) insurance, have signed an agreement to merge. Curi CEO Jason Sandner will remain CEO of Curi Holdings, Inc. Constellation President & CEO Ryan …