Electrical Equipment Damaged in Carolina Shooting Attack Has Been Repaired December 8, 2022 Duke Energy said Wednesday that it has completed repairs on substation equipment damaged when it was shot up last weekend....
People Moves: UFG Names Hirtz as Houston Branch Manager; McGriff Promotes Mitcham to Lead Arkansas Operations December 8, 2022 UFG Insurance Names Hirtz Houston Branch Manager United Fire Group Inc. (UFG), based in Cedar Rapids, Iowa, has named Diane...
Latest Twitter Lawsuit Says Company Targeted Women for Layoffs December 8, 2022 By Daniel Wiessner Twitter Inc has been hit with another lawsuit stemming from the recent purging of half its workforce, this one accusing...
Unlicensed Contractor, Deputy Sheriff in Florida Charged in Insurance Fraud Cases December 8, 2022 An unlicensed contractor and a deputy sheriff in Florida have been charged in separate incidents of contracting fraud and insurance...
Florida Ratings Crisis: Fannie and Freddie Agree to Accept Citizens-as-Backstop Plan December 8, 2022 By William Rabb It took more than four months, but Fannie Mae and Freddie Mac have now agreed to accept an innovative but...
Judge Dismisses 1,000 Shingles Vaccine Claims Against Merck for Lack of Evidence December 8, 2022 By Andrew G. Simpson After four years of multidistrict litigation, a federal judge in Pennsylvania has dismissed 1,189 lawsuits claiming the Zostavax shingles vaccine...
AM Best: Commercial Lines ‘Stable’ With a Close Eye on Inflation December 8, 2022 As a whole, the outlook for the U.S. commercial lines segment continues to be stable, according to AM Best, but...
Collapse of FTX Provides ‘Sobering Warning’ for Insurers About Governance Failings December 8, 2022 The collapse of the cryptocurrency exchange FTX demonstrates the dangers of failures of corporate governance, according to a commentary published...
Credit Suisse Clears 1st Hurdle Toward $440M Greensill Lawsuit Against SoftBank December 8, 2022 By Jonathan Browning Credit Suisse Group AG cleared the first hurdle toward kick-starting a long-awaited $440 million lawsuit against SoftBank Group Corp. stemming...
AM Best Revises Outlooks to Negative for Wisconsin’s Badger Mutual December 8, 2022 AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and...