Seven contractors were injured, four critically, when a storage tank at a petroleum facility in Texas exploded after catching fire on Dec. 5, according to fire officials. The fire began about 10 a.m. near a crude oil storage tank in …
Illinois Department of Insurance Director Robert Muriel is leaving his post on Dec. 11, 2020, the department reported. IDOI’s Chief Deputy Director of Product Lines Shannon Whalen will fill in as interim acting director. Muriel was appointed to the position …
A Buckeye, Ariz., woman who ran an insurance brokerage firm but kept premiums her clients intended to pay for their policies has been sentenced to 2 1/2 years in state prison. The Arizona Department of Insurance announced the sentence for …
The city of Tacoma, Wash., has agreed to an $8 million settlement for a man who was paralyzed and had his legs amputated after being shot by a police officer during a low-speed car chase in 2011. The settlement came …
Pacific Gas & Electric’s household customers will be hit with an average rate increase of 8% to help the once-bankrupt utility pay for improvements designed to reduce the risks that its outdated equipment will ignite deadly wildfires in its Northern …
Norway’s biggest bank has been warned that it may be fined 400 million kroner ($45 million) for failing to comply with anti-money laundering rules. The Financial Supervisory Authority in Oslo criticized DNB ASA’s inadequate compliance with the Norwegian Anti-Money Laundering …
There’s an unusual asset up for grabs in Century 21 Stores’ going-out-of-business sale: a stake in its long-shot legal fight against insurers. The New York department store company, which filed for bankruptcy in September, claims it’s owed more than $175 …
BRP Group Inc., an independent insurance distribution firm delivering tailored insurance solutions, has acquired all of the outstanding equity interests of Armfield, Harrison & Thomas Inc., which will be converted post-acquisition to a limited liability company with the name Armfield, …
Crawford & Company, a publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporates, has appointed Janis Hagenbucher as managing director for Crawford Forensic Accounting Services, U.S. In this role, Hagenbucher will report to Paul …
Virginia Governor Ralph Northam said Wednesday he will appoint an attorney and former member of his administration to a soon-to-be vacant spot on the powerful State Corporation Commission. Northam said he plans to name Angela Navarro to the post in …
