P/C Insurers Face Challenging Claims Dynamics as Frequency, Severity Rise: Swiss Re November 28, 2023 By L.S. Howard The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic...
Authorities Estimate Up to 1.1 million Gallons of Oil Discharged Into Gulf of Mexico From Louisiana Pipeline November 28, 2023 NEW ORLEANS (AP) – As much as 1.1 million gallons of oil may have been discharged into the Gulf of...
Texas Judge Orders Houston Attorney to Reimburse Insurer $137,000 for “Frivolous” Lawsuit November 28, 2023 By Jim Sams A Texas judge has ordered a Houston plaintiffs’ attorney to reimburse an insurer $137,000 for the legal fees it expended...
People Moves: Alliant Hires Jensen in St. Louis November 28, 2023 Alliant Insurance Services, headquartered in Irvine, Calif., hired Morgan Jensen as vice president within its Alliant Americas division. Based in...
Five Killed in Ohio Mobile Home Fire on Thanksgiving November 28, 2023 ATHENS, Ohio (AP) – Five people, including two children, were killed in a mobile home fire in Ohio on Thanksgiving...
Shipping Container Explosion in Nebraska Railyard Raises Questions About Loading Procedures for Hazardous Materials November 28, 2023 By Josh Funk OMAHA, Neb. (AP) – Federal inspectors have twice found hundreds of defects in the locomotives and railcars Union Pacific uses...
Murder, Arson Charges on Hold in Killing of Former Mississippi Legislator November 28, 2023 JACKSON, Miss. (AP) — Mississippi prosecutors have dismissed indictments against a man in the shooting death of a former state...
Chubb Launches Client Methane Resource Center November 28, 2023 Chubb Limited recently announced the launch of the Chubb Methane Resource Hub, a digital resource offering clients information and insights...
MLB, Formula 1 Face Fraud Suits for Promoting FTX Cryptocurrency November 28, 2023 By Jef Feeley FTX investors suing the cryptocurrency exchange’s celebrity promoters for allegedly helping to facilitate an $11 billion fraud have some new...
Former Allstate Agent in North Carolina Agrees to Abide by Non-Compete Agreement November 28, 2023 By William Rabb A former Allstate insurance agent in North Carolina has agreed to stop selling competing products to her former clients and...