New Mexico Restaurant Settles Wage-Theft Complaint After Prolonged Legal Battle May 2, 2024 New Mexico labor announced a legal settlement that resolves longstanding accusations of unpaid wages against a restaurant business in northwestern...
California Contractor Pleads Guilty to Insurance Fraud After Underreporting Nearly $1M in Payroll May 2, 2024 Kent Bo Fridolfsson, 67, of Benicia, California, pleaded guilty to six charges of insurance fraud and grand theft after a...
Travelers to Open Technology Office in Atlanta May 1, 2024 Just as companies worldwide struggle with the office-versus-remote work question, Travelers has decided to open a 2,800-square-foot office site in...
Prudential to Wind Down Direct-to-Consumer Assurance Business May 1, 2024 Less than five years after acquiring online insurance startup Assurance IQ for $2.35 billion, Prudential is shutting it down. “Prudential...
Insurtechs Root, Lemonade Book Q1 Net Income Losses but Each Tout Progress May 1, 2024 Insurtech Root Inc. posted a net loss for the first quarter 2024 of $6.2 million but said it recorded operating...
Kansas Won’t Legalize Medical Marijuana for at Least a Year May 1, 2024 TOPEKA, Kan. (AP) — Kansas will remain among the handful of states that haven’t legalized the medical use of marijuana...
16 Nabbed in Florida Sting Operation for Failing to Get Workers’ Comp Coverage May 1, 2024 A sting operation in Manatee County, Florida, has led to the arrest of 16 men who were working without a...
Louisiana Lawmakers Repeal ‘Three-Year Rule’ that Barred Policy Cancellations May 1, 2024 Property insurers in storm-swept Louisiana could soon gain much more flexibility over policy cancellations if the governor signs House Bill...
Ryan Specialty Completes Acquisition of Castel Underwriting Agencies From Arch May 1, 2024 Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has completed the acquisition of Castel Underwriting Agencies from Arch...
Tornadoes Damaged 7,200 Residential Properties, Left $2B in Reconstruction Costs May 1, 2024 The tornadoes that ripped through parts of Nebraska, Iowa and Oklahoma late last week damaged some 7,200 homes, leaving a...