Insurance News from August 25, 2022
National News
State Farm to Pay $100 Million to Federal Government for Hurricane Katrina Claims
State Farm Fire and Casualty Co. and two former claims-adjuster sisters, who more than...
International & Reinsurance News
Russian Coal Exports Effectively Halted by EU Ban, With Re/Insurance as Key Factor
Russian coal exports were effectively halted by a European Union ban on entities within...
Europe’s Record-Breaking Summer Heat Wave Will Be the Norm by 2035: Report
Indian Ocean Off Coast of Somalia to Lose ‘High-Risk Area’ Designation as Piracy Drops
Gas Producer Santos Faces New Climate Claim in Landmark Greenwashing Case
People Moves: CNA Hardy Taps Zurich’s Crew, Chubb’s Devenish for Mgmt Liability; Aon Strengthens Capital Advisory Unit to Drive Legacy Reinsurance Growth
East News
Erie Insurance Launches Venture Capital Fund
Pennsylvania-based Erie Insurance has launched Erie Strategic Ventures to invest in...
Firefighter Sues Rochester Over Party Couple Defends as ‘Anti-Liberal’ Not Racist
OSHA Cites Maryland Contractor for 136 ‘Willful, Repeat, Serious’ Safety Violations
Gas Vapors Caused Cape Cod Marina Fire That Ruined 6 Buildings, 47 Vehicles, 14 Boats
Hub Acquires Winter Harbor Insurance Group in Massachusetts
West News
Lawsuit Says Electrical Equipment Sparked Deadly California Wildfire
The daughter of a 76-year-old man killed last month when California's deadliest...
Southeast News
NCCI Recommends 8.4% Cut in Florida Workers’ Comp Rates for 2023
The National Council on Compensation Insurance is recommending an average 8.4% cut in...
Texas / South Central News
Louisiana Dept. of Insurance Fines Public Adjuster Accused of Pocketing Insurer Payouts
The Louisiana Department of Insurance has ordered a Texas father-and-son public...
Midwest News
Highstreet Acquires Michigan’s Paragon Underwriters
Highstreet Insurance Partners has acquired Michigan-based Paragon Underwriters. Paragon...