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Shadow-Fleet Oil Tanker Damaged in Collision Near Denmark

A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark, casting fresh light on the risks vessels with unknown ownership pose to the world’s oceans. The incident, which involved the …

Markets/Coverages: CFC Introduces Carbon Delivery Insurance Policy

Specialty insurer CFC announced its entry in the carbon insurance market with the launch of a groundbreaking new product. CFC said its new carbon delivery insurance is the first to cover both the physical and political risks faced by businesses …

Expert: ‘Unceasing Onslaught’ of Legal Ads Worth Insurance Industry Attention

Often alarming, misleading or just plain annoying — when mass tort lawsuit advertisements pop on a TV screen, many consumers instinctually reach for the remote. An expert believes that the ads are worth your attention. “Especially for those in the …

Homeowners Insurance Customer Satisfaction at 7-Year Low

With 28 catastrophic weather events in 2023 causing nearly $93 billion in damage, customer service satisfaction plunged to a seven year low, according to the latest J.D. Power 2024 U.S. Property Claims Satisfaction Study released today. More extreme weather events …

Florida High Court Ruling Could Cut Damages for Bars Serving Booze to Minors

Insurers in Florida can can contemplate potentially lower loss costs on liquor liability policies after a recent state Supreme Court ruling that clarified when bars and restaurants can be held partially versus completely liable for some alcohol-related injuries. The court, …

Supreme Court Seems to Favor NRA in Free Speech Case Against Insurance Regulator

Supreme Court justices appeared receptive Monday to National Rifle Association claims that a former New York state official violated its free-speech rights by pressuring banks and insurance companies to blacklist the group after the deadly school shooting in Parkland, Florida. …

Member of Major Catalytic Converter Theft Crew Sentenced to More Than Three Years

A Springfield, Massachusetts man was sentenced last week in federal court in Boston for his role in a regional organized theft crew that stole catalytic converters from nearly 500 vehicles, robbed jewelry stores and stole banks automatic teller machines. Nicolas …

Armorer Challenges Conviction in Fatal Shooting on New Mexico Movie Set

A movie set armorer is challenging her conviction on an involuntary manslaughter charge in the fatal shooting of a cinematographer by Alec Baldwin on the set of the Western film “Rust,” court records show. Defense attorneys for “Rust” armorer Hannah …

Higginbotham Expands Oklahoma Presence With Glenn Harris & Associates

Higginbotham announced it has doubled its presence in Oklahoma’s by adding Glenn Harris & Associates. Glenn Harris & Associates of Oklahoma City was founded by Principal Glenn S. Harris in 1987. The firm provides customers with one-on-one service and education …

Midwest Tornado Outbreak Linked to Record Winter Warmth

This winter’s record warmth provided the key ingredient for a Midwest outbreak of deadly tornadoes and damaging gorilla hail that hit parts of the Midwest last Wednesday and Thursday, tornado experts said. At least three people were killed in Thursday’s …

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