North Carolina’s 1930s Libel Law Likely Unconstitutional – Federal Appeals Court February 10, 2023 A federal appeals court sided again with North Carolina’s attorney general on Wednesday, saying a 1931 libel law is most...
Facebook Hit With $1 Million Fine Tied to User-Privacy Lawsuit February 10, 2023 By Joel Rosenblatt Facebook and its outside law firm were ordered to pay almost $1 million in sanctions for deceitfully denying that it...
NC House Passes Bill Raising Penalties for Violent Protests February 10, 2023 A bill increasing punishments for violent protests following the 2020 demonstrations over George Floyd’s murder passed the North Carolina House...
Public Adjusters Can’t Also Be Appraisers on the Claim, Florida Supreme Court Finds February 10, 2023 By Jim Sams A public adjuster cannot act as an appraiser for a homeowner they represent when the insurance policy specifies that the...
Industry Trailblazer, Former Chairman of AXIS Capital, Michael A. Butt, Dies February 10, 2023 Albert A. Benchimol, president and CEO, of AXIS Capital has issued a letter of remembrance to colleagues about Michael A....
UK Government Seeks to Speed Up Post-Brexit Insurance Reforms February 10, 2023 By Katherine Griffiths The UK government is in talks to speed the implementation of a flagship insurance reform to release £100 billion ($121...
Former Iowa Insurance Producer Sentenced for Fraud Scheme February 10, 2023 Former insurance producer Oscar Sanchez of Marshalltown was recently sentenced in Marshall County District Court after pleading guilty to his...
Texas DWC Taking Comments on Proposed Rule Change to Update Insurance Code February 10, 2023 The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting public comments on a proposed rule to amend...
Zurich Insurance Reports 12% Drop in Net Income to $4.6B, but Exceeds Targets February 10, 2023 By L.S. Howard Zurich Insurance Group reported net income attributable to shareholders of $4.6 billion in 2022, a 12% decrease from $5.2 billion...
Louisiana Opens Insurer Application Period for Incentive Program February 10, 2023 Louisiana Insurance Commissioner Jim Donelon announced that the 30-day application period for insurance companies to apply for Insure Louisiana Incentive...