Farmers Insurance has filed a lawsuit in California against a pair of former employees and the Automobile Club of Michigan alleging the theft of trade secrets. The suit alleges violations of the California Trade Secrets Act, unfair competition, breach of …
The largest California insurers have so far reported more than $3.3 billion in insured losses from the October wildfire siege, now considered the most destructive fires in state history. Insurance Commissioner Dave Jones on Tuesday updated insured loss claims data …
American International Group (AIG) announced that Chris Townsend will join the company as chief executive officer, International General Insurance. In this newly created role, Townsend will lead the international operations of AIG’s General Insurance business, with responsibility for executing its …
Specialist insurer Beazley has unveiled a comprehensive suite of financial lines products in Spain, designed for the needs of a broad range of commercial and financial organizations. Led by Lorena Segovia, Beazley’s Spanish team of underwriters launch a set of …
Cayman Islands-based CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) announced that Trinidad & Tobago will receive a payout of US$7,007,886 (approximately TT$47.4 million) on an excess rainfall policy following a period of heavy rainfall between Oct. 18 and …
MJ Insurance has added Eric Spencer and Dennis Nash to the risk management and employee benefits teams as consultants in the company’s Indianapolis, Indiana, office. In their respective departments, Spencer and Nash will be responsible for proactively driving sales and …
Okemos, Michigan-based insurance industry software provider, NetRate Systems, has hired Jeff Lewis as director of Client Services. Lewis has more than 15 years of industry experience, which includes heading multiple software support groups. He has also served as head of …
The U.S. Supreme Court has refused to revive a Louisiana flood protection board’s lawsuit seeking to make oil, gas and pipeline companies pay for decades of damage to coastal wetlands. The suit drew fierce opposition from the energy industry and …
A Missouri educator awarded $500,000 over claims that she was sexually harassed by her superintendent is suing again, alleging that school board members poisoned her effort to find a new job. Jodi Heckler was principal of an intermediate school in …
The adjusted annual payroll requirement of an employer for the coverage of seasonal workers under the provisions of the Texas Labor Code, Section 406.162 is $55,922, the Texas Department of Insurance announced. This gross payroll amount will be used in …
