Monthly Archives: <span>August 2024</span>

Residents in Alaska Capital Clean up Swamped Homes After Ice Dam Burst and Unleashed a Flood

In her yard under the blazing sun, Debbie Penrose Fischer leafed through a water-logged cookbook with sentimental value that she hoped to salvage but doubted she could. Nearby, friends helped carry boxes out of her family’s garage, which was inundated …

J&J Gets Plaintiff Backing for $6.5 Billion Baby Powder Accord

Johnson & Johnson has cleared a key hurdle for advancing a $6.5 billion plan to resolve thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter. More than 75% of …

The Future is Uninsurable? Hardly

In recent months the dynamic markings for voices asserting the insurance industry is not up to challenges posed by climate change have gone from mezzo-piano to mezzo-forte. In his endorsement of a proposal by Representative Adam Schiff (D-Calif.) to create …

Become an Attractive Risk for Underwriters

This post is part of a series sponsored by TSIB. Insurance Carriers are reducing their appetite for risk and increasing premiums. This means they are being much more selective in what they are willing to insure. If they are going …

Illinois Company Fined $138K for Selling Unregistered Pesticide Product

The U.S. Environmental Protection Agency announced a settlement with Amerikal Products Corp. of Waukegan, Illinois, for allegedly selling and distributing an unregistered pesticide product in violation of the Federal Insecticide, Fungicide, and Rodenticide Act. Amerikal Products will stop producing and …

Kansas Commissioner: Add Insurance to Back-to-School Checklist

As students across Kansas prepare to return to the classroom, Kansas Insurance Commissioner Vicki Schmidt reminds students and parents to add insurance to their back-to-school checklist. “Many insurance companies offer products and discounts geared toward students and their particular needs,” …

Tesla Sued by Family of Electrician Who Died at Austin Facility

The family of a Texas man who died while working at Tesla’s Austin-area facility last week is suing the electric vehicle company and his employer. The lawsuit said the worker, Victor Joe Gomez Sr., was at the facility on Aug. …

Texas Attorney General Opens Probe Into CenterPoint Over Beryl

The Texas attorney general is investigating CenterPoint Energy Inc. citing potential violation of the state’s law in the utility’s response during Hurricane Beryl, when millions in the Houston area were left without power — some for days in the sweltering …

People Moves: Everest Launches Global Broker Management Team Led by Izzo; Evolin Broking Launches Casualty Division With 3 Senior Hires

This edition of International People Moves details appointments at re/insurer Everest Group and Evolin Broking. A summary of these new hires follows here. Everest Launches Global Broker Management Team Led by Izzo Everest Group Ltd., the Bermuda-based property, casualty, and …

Anti-DEI Shareholders Are Attacking Corporate America’s Diversity Programs

For conservative groups, losing big at company annual meetings is still winning. That’s because their growing presence at the shareholder gatherings is simultaneously disrupting management plans and generating headlines, even as their proposals to end corporate diversity programs attract scant …