Insurance News from August 07, 2023
National News
More Big Corporate Settlements Coming, Says Departing Justice Dept Official
As Kenneth Polite steps down this month as the head of the U.S. Department of Justice's...
International & Reinsurance News
Britain to Create New Regime to Deal With Big Insurance Company Failures
Britain said on Wednesday [Aug. 2] it would start work on setting up new rules...
Slovenia Suffers Its Worst-Ever Floods; Damage Could Top €500M, Prime Minister Says
Ukraine Black Sea Attacks Signal Expanding War; Russia Insurance Costs Likely to Rise
Sweden’s Ericsson Sued by 37 Shareholders for $170M: Media Report
Australia Cracks Down on Promoters of Dodgy Tax Schemes After PwC Leak Scandal
East News
NY Lawmakers Vow to Block Property Insurers from Asking About Subsidized Tenants
Three New York legislators said they plan on pushing bills next year that would bar...
West News
People Moves: Frank Joins the WCF Insurance Board in Utah
WCF Insurance appointed Jan Frank to the company's board of directors for a four-year...
Southeast News
AM Best Downgrades Alabama Muni Insurance Pool, Citing Law Enforcement Liability
The A.M. Best financial rating firm has downgraded the financial strength rating of the...
Texas / South Central News
Texas Court Rejects ‘Fishing Expedition’ Discovery Request to Home Depot
A Texas appellate court threw out a trial court order that approved a plaintiff's...
Midwest News
Wisconsin Teenager Charged After Throwing Gas on a Bonfire, Triggering Explosion
SHAWANO, Wis. (AP) __ A Wisconsin teenager has been charged with triggering a bonfire...