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$25M for Girl Who Suffered Brain Damage in California Crash

Sacramento County will pay more than $25 million to the family of a 12-year-old girl who was left with brain damage after her family car was struck by a sheriff’s patrol car vehicle. The settlement last week is the largest …

Bank of England Enhances Scrutiny of Lloyd’s Whistleblower Systems

The Bank of England has stepped up its monitoring of Lloyd’s of London’s whistleblowing systems, the central bank said on Monday, after reports this year about sexual harassment and bullying at the 330-year old insurance market. The Prudential Regulation Authority …

Guy Carpenter Appoints Schepens from Allianz as Benelux CEO

Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the appointment of Patrick Schepens as CEO of the Benelux region, effective April 2020. Schepens will be responsible for all of Guy Carpenter’s activities in …

Venice Hotels Suffer Nearly $34M in Damages from November’s Floods

Venice’s hoteliers association estimates that the city’s hotels suffered about 30 million euros ($34 million) worth of structural damage during November’s floods. The overall losses, though, are higher after adding in the lower revenues that local hotels have reported in …

Jimcor Agency Hires Emanuel as Brokerage Specialist in Pennsylvania

Jimcor Agency Inc., an independent managing general agency and insurance wholesaler, has hired Ed Emanuel as a property and casualty brokerage specialist for the Western Pennsylvania office located in Pittsburgh, Penn. Emanuel is an insurance professional with a background over …

Retrial Decision Due Next Year in Triple-Fatal 1995 Pittsburgh Arson

A federal judge is slated to decide next year on a second trial in the case of a man accused of having set a Pittsburgh fire that killed three firefighters almost a quarter of a century ago. Gregory Brown, 42, …

Tennessee Approves 7% Decrease for Workers’ Comp Rates

Workers’ compensation rates in Tennessee will go down again next year, marking the seventh consecutive year of decreases, according to the Tennessee Department of Commerce and Insurance. Commissioner Hodgen Mainda approved a 7.1 percent overall loss cost decrease for 2020 …

BRP Group to Acquire Lanier Upshaw of Florida

BRP Group, Inc., an independent insurance distribution firm based in Florida, announced that Baldwin Krystyn Sherman Partners, LLC, a subsidiary of BRP Group, has entered into an agreement to acquire substantially all assets of Lanier Upshaw, Inc, a Lakeland, Florida-based …

Transgender Woman in Oregon Sues Miss United States of America Pageant

An Oregon transgender woman is suing Miss United States of America pageants, saying its rule that limits competition to “natural born female” is a form of gender discrimination. The Oregonian/OregonLive reports Anita Green of Clackamas, Oregon, holds the title of …

Insurance Protections Expanded in California Wildfire Areas

More than a million California homes are now protected under a new state order that temporarily bans insurance companies from dropping customers in areas affected by recent wildfires, officials announced this week. Insurance Commissioner Ricardo Lara issued a moratorium earlier …