Monthly Archives: <span>May 2023</span>

Fatal Blaze at Texas Refinery to Result in Lawsuits Against Oil Refiner Marathon

HOUSTON – Attorneys representing the family of a worker who was killed in a fire at a Texas City, Texas, refinery and another worker who was hospitalized said on Wednesday they have filed or would soon file injury claims against …

Florida DFS Charges Claims Adjuster with Submitting $24,000 in Fraudulent Auto Claims

Florida investigators have charged a former Progressive Insurance claims adjuster with fraud, alleging that she used claimants’ identities to submit fraudulent auto claims, then pocketed almost $24,000 in settlements. Kiyuana R. Pasley, 41, of Homestead, was an adjuster at Progressive …

Illinois Catholic Clergy Abuse Report Could Prompt Lawsuits, Changes to State Law

CHICAGO (AP) – Illinois’ attorney general has ended a five-year investigation into sexual abuse of children by Catholic clergy in the state, releasing a nearly 700-page report that revealed the problem was far worse than the church acknowledged in 2018 …

EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias

The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers can also run afoul of discrimination laws. Charlotte Burrows, chair of …

Fired Root CMO Accused of Stealing Millions Spends ‘Lavishly’; Judge Appoints Receiver

According to court records, Root Inc’s former chief marketing officer – accused of stealing about $10 million from the company – has not made court appearances, spent money in violation of court orders, and has a bench warrant out for …

Allianz’ PIMCO Weighs Joining Investors Suing Over Credit Suisse AT1 Bonds

Pacific Investment Management Co. is considering joining hundreds of investors in challenging the Swiss regulator’s decision to wipe out about $17 billion of Credit Suisse Group AG bonds following the bank’s takeover by UBS Group AG. PIMCO, which filed a …

Kin, Slide Say They’ve Completed Reinsurance Programs Ahead of June 1 Renewal

Two Florida-focused property insurers have announced they have completed their reinsurance programs, just days ahead of what some had warned would be a painful June 1 renewal deadline. Kin Insurance Inc., a tech and data-heavy, direct-to-consumer insurer with offices in …

People Moves: SiriusPoint Names Lopez as CTO, Succeeding Siry; IQUW Appoints MacDonald and Hennessey to Lead Property; Chaucer Promotes Tighe to Head of ESG

This edition of International People Moves details appointments at three re/insurers SiriusPoint, IQUW and Chaucer. A summary of these new hires follows here. SiriusPoint Names Lopez as CTO, Succeeding Siry SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced that …

Inszone Acquires Specialty Contractors Insurance Services California

Inszone Insurance Services acquired Specialty Contractors Insurance Services. Specialty Contractors Insurance Services has predominantly served business owners and contractors. It is headquartered in Sacramento, California. Inszone is a national provider of benefits, personal, and commercial lines insurance.

Housing Crisis Remains in East Kentucky Almost A Year After Flooding

Shirley Howard’s feet splashed into nearly a foot of water when she stepped out of bed on a summer morning last July amid a torrential rainfall. A devastating flood swallowing up Kentucky’s Appalachian region had reached her bedroom in the …