Insurance News from July 18, 2023
National News
Tesla Directors Pay $735M to Settle Shareholder Lawsuit Over Excess Compensation
Tesla Inc.'s directors will return $735 million to the company to settle claims they...
International & Reinsurance News
AXA Fund to Invest $49 Million in Brazil Reforestation Projects
An alternative investment vehicle controlled by French insurer AXA said on Tuesday it...
East News
Freight Train Derails in Pennsylvania; No Injuries or Hazard Reported
A freight train derailment in southeast Pennsylvania early Monday spurred precautionary...
West News
Evertree Closes 3 Colorado Deals and Establishes Mountain Region
Evertree Insurance Services LLC has acquired 1st American Insurance in Longmont,...
Southeast News
Insurers to Pay $15M to Settle Murdaugh Fatal Boat Crash Claims
Insurers for the convenience store that sold beer to Paul Murdaugh have agreed to pay...
Texas / South Central News
Louisiana Policyholders Recover $4.2M in First Half of 2023
The Louisiana Department of Insurance (LDI) received 2,163 complaints and helped...
Midwest News
Salvation Army to Settle $25K Over ADA Suit in Michigan
The Salvation Army will pay $25,000 to settle a lawsuit filed by the U.S. Equal...