February 27, 2020
In a world facing a climate crisis, investors need to start taking account of carbon emissions and rising temperatures in their decisions, according to Bank of England Governor Mark Carney. The shift in thinking will be key to the industry’s …
February 27, 2020
AXIS Capital Holdings Ltd. announced that Michael Butt, chairman of the board of directors, will retire from the company, effective Sept. 16, 2020. A co-founder of AXIS and member of the Insurance Hall of Fame, Butt is a recognized industry …
February 27, 2020
The Oklahoma Senate has passed legislation that would require any child under the age of 17 to wear a seat belt while riding in the back seat of a vehicle. Current Oklahoma law only requires children under the age of …
February 27, 2020
J.M. Wilson has added Kim Pov as an assistant property/casualty underwriter in its Madison, Wisconsin, office. Pov is responsible for assisting underwriters on a wide variety of property and casualty risks, as well as quoting new and renewal business and …
February 27, 2020
A group of 39 state attorneys general on Tuesday announced an investigation into Juul Labs Inc.’s marketing practices, adding to mounting legal and regulatory problems for the e-cigarette maker over its role in the nation’s youth vaping epidemic. The probe, …
February 27, 2020
Time Warner Cable will pay $18.8 million to settle a lawsuit that claimed it misled more than 170,000 California customers who paid for high-speed internet service that they didn’t receive, prosecutors said. Eligible customers will receive about $16.9 million in …
February 27, 2020
Persistent rains have been pounding the Southeast, and a week ago, the Pearl River in Jackson, Mississippi, spilled over its banks, submerging a dozen city blocks in several feet of water. The river had crested at 36.7 feet—its third-highest level …
February 27, 2020
Arizona’s attorney general has obtained an injunction against a New Jersey-based vaping company he recently sued that bars the company from marketing or selling any of its products in the state. The injunction against Eonsmoke was announced by Attorney General …
February 27, 2020
An operation by a crime task force in Northern California targeting auto body repair facilities resulted in eight felony counts of insurance fraud against four individuals The California Department of Insurance, Contra Costa County District Attorney’s Office and the National …
February 27, 2020
An Idaho man was sentenced for insurance fraud in violation of Idaho code after reportedly purchasing a 1992 Mercedes for $700 and then adding the vehicle to an existing policy with GEICO. Hester then filed a claim for damages done …