April 11, 2018
North Carolina residents whose community dam was damaged by Hurricane Matthew and later breached by the state have won a $162.5 million judgment against the corporation that owns it. The Fayetteville Observer reports that Woodlake residents released a statement last …
April 11, 2018
Three former Tennessee insurance producers who violated provisions of Tennessee’s insurance law have been hit with civil penalties totaling $12,000 and forced to surrender or have revoked their insurance licenses, according to a statement from the Tennessee Department of Commerce …
April 10, 2018
The Michigan Catastrophic Claims Association is once again raising its annual assessment to support the state’s no-fault auto insurance system, which uniquely guarantees unlimited lifetime medical benefits. And state Rep. Brett Roberts, R-Charlotte, wants to know why. “The fund has …
April 10, 2018
An Arkansas woman has been arrested on multiple felony charges related to arson and insurance fraud, the state department of insurance reported. The Arkansas Insurance Department said Kittie Louise Payton, 55, of Little Rock, was arrested by AID’s Criminal Investigation …
April 10, 2018
Federal authorities say an Ohio-based food company is recalling more than 14,000 pounds of pulled barbeque beef products that could be contaminated with rubber. The U.S. agriculture department’s Food Safety and Inspection Service reports that J.T.M. Provisions Co. of Harrison …
April 10, 2018
The Michigan Supreme Court has ruled in favor of a century-old inn in a lawsuit over hot coals on a Lake Michigan beach. The court says Watervale Inn is protected by a law that shields landowners from liability during recreational …
April 10, 2018
Global insured losses from natural catastrophes were US$144 billion in 2017, the highest-ever recorded in a single year, according to the latest sigma study from the Swiss Re Institute. The biggest losses came from Hurricanes Harvey, Irma and Maria (HIM), …
April 10, 2018
The Central Insurance Companies, headquartered in Van Wert, Ohio, has promoted Matt Korte to vice president of Information Technology for both Central Mutual Insurance Co. and All America Insurance Co. Korte succeeds John White, who has retired. Korte began his …
April 10, 2018
Arthur J. Gallagher & Co. has acquired Houston-based Integrity Transportation Insurance Agency LLC. Terms of the transaction were not disclosed. Integrity Transportation Insurance Agency is a retail property/casualty broker serving Texas-based transportation clients, primarily long-haul truckers. Hudson Knox III and …
April 10, 2018
The publisher of Consumer Reports magazine has reached a $16.375 million settlement of a lawsuit claiming it violated Michigan privacy law by selling readers’ subscription and personal data to third parties without their consent. A preliminary settlement of the proposed …