Yearly Archives: <span>2023</span>

ONEOK, Insurers Agree to $930M Settlement Over Natural Gas Plant Explosion

Tulsa, Oklahoma-based natural gas provider ONEOK, Inc. (NYSE: OKE) announced that it has reached an agreement with its insurers to settle all claims for physical damage and business interruption related to an explosion at a natural gas plant in Medford, …

Nathan Houdek Reappointed as Wisconsin Insurance Commissioner

The Wisconsin Office of the Commissioner of Insurance (OCI) announced appointments to the agency leadership and senior management team. Governor Tony Evers has reappointed Nathan Houdek as commissioner of insurance. Commissioner Houdek has served as commissioner since January 2022, and …

Texas Fencing Contractor Fined $20K After 15-Year Old’s Death

A federal workplace safety investigation into how a 15-year-old worker tragically suffered fatal injuries while installing fencing in Guthrie has found the employer failed to follow required workplace safety standards. U.S. Department of Labor Occupational Safety and Health Administration inspectors …

U.S. Climate Disasters Racked Up $165 Billion in Damage in 2022

A massive hurricane, a historic drought, and 16 other major disasters across the US collectively racked up $165 billion in damages and killed at least 474 people in 2022, according to a National Oceanic and Atmospheric Administration analysis published Tuesday. …

How Millennials Are Changing the Insurance Industry

This post is part of a series sponsored by AgentSync. Generally tech-savvy and data-forward, millennials are shaking up the insurance industry both as consumers and insurance professionals. Defined as those born between 1981 and 1996 – ranging in ages from …

The Infrastructure Crisis: As Business Losses Mount, New Demand for Utility Coverage?

When aging water pumps in Jackson, Mississippi, were shut down by floodwaters last August, knocking out water service to most of the city, companies that depend on clean water saw many of their customers and their revenue disappear overnight. And …

Judge Puts New Jersey’s Stricter Gun Carry Law on Hold

Suggesting that New Jersey’s recent concealed carry law infringes on the public’s Second Amendment rights, a federal judge on Monday put a temporary hold on the legislation drafted after the U.S. Supreme Court expanded gun rights last year. A legal …

Inszone Insurance Acquires Vaught, Wright & Bond Insurance in California

Inszone Insurance Services acquired Vaught, Wright & Bond Insurance in Placerville, California. Vaught, Wright & Bond Insurance was originally founded in 1933 by Mance Vaught. They offered bonds in addition to personal and business insurance. Over the years, Mance Vaught …

Beach Town, State of New Jersey Exchange Lawsuits in Sand Dunes Battle

NORTH WILDWOOD, N.J. (AP) — A beach town that is defying New Jersey’s order not to shore up its eroding sand dunes is suing the state for $21 million. That’s how much North Wildwood says it spent over the past …

Trial Set for Black Army Officer Suing Police Over Violent Traffic Stop in Virginia

A U.S. Army lieutenant who was pepper sprayed, struck and handcuffed by police in rural Virginia, but never arrested, will argue to a jury that he was assaulted and falsely imprisoned and that his vehicle was illegally searched. Video of …