Insurance News from March 13, 2023
National News
U.S. Announces it Will Stem SVB Fallout, Customers to Have Deposit Access
Silicon Valley Bank customers will have access to their deposits starting on Monday,...
International & Reinsurance News
Insurers Successfully Merge Lawsuits Brought by Lessors for Jets Confiscated in Russia
Insurers led by AIG succeeded in their attempt to merge several lawsuits brought by...
East News
Virginia County Judge Uses Slavery Law to Rule Frozen Embryos Are Property
Frozen human embryos can legally be considered property, or "chattel," a Virginia judge...
West News
Georgia Business Owner Sentenced in $54M California Workers’ Comp Fraud
Wesley Owens, 54, of Atlanta, Georgia, and Beau Wilson, 38, also of Atlanta, pleaded no...
Southeast News
Florida Adjusters’ Charges of Doctored Damage Reports Get Wider Spotlight
Allegations that some insurance carriers have altered field adjusters' damage estimates...
Texas / South Central News
Louisiana UPC Policyholders Have 30 Additional Days to Secure Citizens Policy
Louisiana Insurance Commissioner Jim Donelon announced on March 13 that Louisiana...
Midwest News
Nebraska Company Fined $531K After Worker Engulfed in Corn Silo
A 34-year-old worker's attempt to clean out a Roseland grain silo, in preparation for...