Pimco Warns LA City Utility Faces Steep Liabilities After Fires January 30, 2025 The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the...
Maryland Regulator Resolved $33 Million in Insurance Complaints in 2024 January 30, 2025 The Maryland Insurance Administration reports that it recovered nearly $33.3 million in 2024 for Marylanders by helping resolve insurance-related issues...
Claims Exec Who Defrauded Allied World Insurance Ordered to Prison, Pay $1.2M January 30, 2025 James Keating of Paoli, Pennsylvania, has been sentenced to 20 months of imprisonment, followed by three years of supervised release,...
Judge Extends Ban on Alliant Employees Soliciting Marsh Agency’s Customers January 29, 2025 By Andrew G. Simpson A federal judge in Manhattan has extended an order blocking three Alliant Insurance Services employees from soliciting or contacting any...
Oklahoma Issues Cease-And-Desist Against Unlicensed Auto Warranty Company January 29, 2025 The Oklahoma Insurance Department (OID) has issued a Cease-and-Desist Order against Select Auto Inc., doing business as Select Auto Protect,...
East Palestine and Norfolk Southern Reach $22M Settlement for Train Derailment January 29, 2025 By Josh Funk East Palestine and Norfolk Southern have announced a $22 million settlement resolving all of the village’s claims arising from the...
Michigan Joins Multistate Enforcement Action Against Block, Inc. January 29, 2025 Michigan joined 47 state financial regulatory agencies in a coordinated enforcement action against Block, Inc., for violations of the Bank...
Less Methane Leaked in West Texas, Report Says; Environmentalists Are Skeptical January 29, 2025 By Carlos Nogueras Ramos, The Texas Tribune Less methane escaped into the atmosphere from certain oil and gas equipment and oil wells in 2023, according to a...
People Moves: Patel Named Chair of Canopius Managing Agents, Succeeding Meader; Evolin Broking Taps Downing From Miller to Launch Construction Division January 29, 2025 This edition of International People Moves details appointments at the re/insurer Canopius Group and the broker Evolin. A summary of...
US, UK Ships Return to Red Sea After Houthis Vow to Hold Fire January 29, 2025 By Patrick Sykes British and American ships are tentatively returning to the Red Sea after Yemen’s Houthi rebels vowed to hold off attacks...