CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) made a pay-out of US$261,073 to the government of Belize as a result of heavy rains from Hurricane Earl on Aug. 4-5. Rainfall from the hurricane caused widespread flood damage to …
A Connecticut man has been awarded $10,000 in damages after a federal judge ruled that he had been beaten by a police officer after a drug fueled car chase. Donato Rinaldi, of Watertown, Conn., filed the suit in 2014 against …
A 10 year old girl who was bitten by a camel at a safari park in Virginia will get a $155,000 settlement. Citing court documents, local media outlets report that Madison Holland’s family has reached a settlement with the Virginia …
Wells Fargo Insurance, a subsidiary of San Francisco, Calif., headquartered Wells Fargo & Company, has hired Mary-Beth Hahn as head of its national risk management practice. In her new role, Hahn will be based in Summit, N.J., and will report …
Beyond knowing where employees regularly work, agents must know where employees might work during the policy period – even temporarily. Workers’ compensation coverage gaps or the complete loss of protection are possible if employees are conducting operations on behalf of …
Citigroup Inc. and AT&T Inc. have ended their litigation over the latter’s use of the phrase “AT&T thanks” on a customer loyalty program, which the bank said was too similar to its trademarked “thankyou.” In a joint court filing, the …
A U.S. appeals court refused on Monday to reconsider its decision to overturn a $1.27 billion penalty against Bank of America Corp. and a jury verdict finding it liable for mortgage fraud leading up to the 2008 financial crisis. The …
It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could move the industry into …
Do you work in a great independent agency? Do you think it’s the best place to work? If so, don’t miss this opportunity to nominate your agency to be named as one of Insurance Journal’s Best Agencies to Work in …
A $6 million settlement has been reached in federal court that will restore damage from West Virginia mountaintop removal mines. The Sierra Club, Ohio Valley Environmental Coalition and West Virginia Highlands Conservancy announced the settlement with the Virginia Conservation Legacy …
