A New Jersey man who owned moving companies has admitted cheating customers by low-balling estimates and then jacking up prices once the goods were on his trucks. Rami Zubidat of Clifton on Wednesday pleaded guilty in federal court to conspiracy …
The Geneva Association, the global organization of insurance and reinsurance chief executive officers (CEOs), announced the election of four new board members. They are: Yuansiong Lee, co-CEO, Ping An Insurance Co. of China; Charles F. Lowrey, CEO, Prudential Financial; Jianmin …
ACORD, the global standards body for the insurance industry, has announced that Riskbook was the winner of the London semi-final round of the ACORD InsurTech Innovation Challenge (AIIC), with RITA and Optimiz.Claims named as runners up. Riskbook is focusing on …
PURE Programs has expanded its coverage for high value homeowners into Texas, Louisiana, Mississippi, Alabama, and Georgia. Across the region, PURE Programs will offer coverage for homes with a rebuilding cost of $1 million to $50 million that do not …
The Kansas Supreme Court on Friday ruled that the state’s cap on damages for noneconomic injuries in personal injury lawsuits is unconstitutional. The court ruled 4-2 that capping damages an injured person is able to recover in a lawsuit violates …
U.S. drugmakers on Friday filed a lawsuit to prevent the companies from disclosing the list price of prescription drugs in direct-to-consumer television advertisements as per a newly proposed government regulation. The lawsuit was jointly filed by Amgen Inc, Merck & …
Early forecasts for the 2019 U.S. Atlantic hurricane season anticipate the period will be an “average” one. Hurricane season officially runs June 1 through November 30, however, the first named storm of the season — Andrea — formed in the …
Federal and state emergency management teams on June 5 began assessing damage in areas in the 10 Ohio counties impacted by late-May tornadoes. The Ohio Emergency Management Agency (Ohio EMA) joined the Federal Emergency Management Agency (FEMA) and the Small …
About 600 Tulsa County homes and business were inundated during recent historic flooding along the swollen Arkansas River, city officials said. Joe Kralicek, executive director of the Tulsa Area Emergency Management Agency (TAEMA), said roughly half of the swamped structures …
The U.S. Department of Agriculture is looking into ways to allow farmers who have been unable to plant crops due to rains and waterlogged fields to qualify for farm aid payments, Agriculture Secretary Sonny Perdue said. The government agency is …
