July 29, 2022
Thurston County Superior Court Judge Indu Thomas found that while Washington Insurance Commissioner Mike Kreidler’s rule temporarily banning credit scoring followed the Administrative Procedures Act, but he exceeded his statutory authority. In her ruling, Thomas said the record supplied by …
July 29, 2022
The organization aiming to set worldwide climate reporting requirements for decades to come is under fire for putting corporate interests ahead of the planet’s. In coming months, the International Sustainability Standards Board will publish rules for companies to disclose the …
July 29, 2022
This post is part of a series sponsored by Old Republic Surety. Large surety accounts aren’t handled as mere transactions. They require a relationship based on mutual trust in which the independent agent plays a critical role. Any definition of …
July 29, 2022
Twitter’s bid to hold Elon Musk to his $44 billion deal for the social media platform will head to a five-day trial beginning Oct. 17, and Musk must reveal by the end of Friday any legal claims he has against …
July 29, 2022
Investigators from the Office of Insurance Fraud and Enforcement at the Louisiana Department of Insurance on July 22 issued non-resident public adjuster Kade Austen Mitchell and his agency a cease-and-desist order and notice of suspension for improperly withholding, misappropriating, or …
July 29, 2022
Hilb Group Founder Takes Helm at Choice Financial Virginia insurance agency Choice Financial Group has appointed insurance veteran Robert J. Hilb as chief executive officer following the retirement of J. Richard Braun, founder and president of Choice. Prior to his …
July 29, 2022
The owner of an underwater oil pipeline that spilled some 25,000 gallons of crude into the ocean off Southern California last year will pay nearly $1 million in cleanup costs. The Orange County Board of Supervisors on Tuesday agreed to …
July 29, 2022
AXA XL promotes Chris Lee to Head of E&S property; Mathew Waters to Lead Middle Market AXA XL has promoted Christopher Lee to lead its excess & surplus property insurance business. Based in New York, he reports to Michele Sansone, …
July 29, 2022
Howden, the London-based international insurance broker, announced it had agreed to acquire C.R.F. Conseils (CRF), an independent broker that specializes in financial lines. Financial details of the deal were not disclosed. This is Howden’s first acquisition in France since appointing …
July 29, 2022
A disbarred New York lawyer was sentenced yesterday to 36 months in prison for defrauding investors in his now bankrupt litigation finance firm called Cash4Cases. According to the U.S. Attorney for the Southern District of New York, Jaeson Birnbaum previously …