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

High-Profile Forensic Scientist Lee Liable for Fabricating Evidence in Murder Case

Famed forensic scientist Henry Lee was found liable for fabricating evidence in a murder case that sent two Connecticut men to prison for decades for a crime they did not commit, a federal judge ruled Friday. Ralph “Ricky” Birch and …

Wildfires Rage Across Greece With Record Heat Forecast for Italy

Wildfires are raging across Greece after about 19,000 people were evacuated from the island of Rhodes over the weekend, while record temperatures are forecast for Sardinia. Over the past 24 hours, 162 fires have been reported across Greece amid high …

Arkansas Schools Face 130% Increase in Property Premiums, Seek Financial Assistance

An Arkansas subcommittee last week approved Gov. Sarah Huckabee Sanders’ request for close to $11 million from the state’s restricted reserve fund to offset costs for school districts facing soaring property insurance costs. Arkansas school districts are facing an average …

Reinsurance Execs From Convex, Swiss Re Set Pacific Record in World’s Toughest Row

Reinsurance executives from Convex Group Ltd. and Swiss Re completed The World’s Toughest Row, a race from California to Hawaii, breaking a world record as the fastest mixed-gender crew in history to complete the trip in 34 days, 8 hours …

Over 17,000 Policies Written Through Insure Louisiana Incentive Program

Insurance companies have written more than 17,000 policies through the Insure Louisiana Incentive Program as of May 31, Commission Jim Donelon announced last week. SafePoint Insurance and its affiliate Cajun Underwriters (CURE) have been approved to take another 20,000 policies …

NTSB Looking at Risk Parked Semis Posed to Greyhound Bus in Fatal Illinois Accident

ST. LOUIS (AP) – Big rig driver David Cherno was hauling Jimmy Dean sausages on Interstate 70 when he had to stop for the night or risk violating federal regulations limiting driving time for truckers. An Illinois rest area was …

Typhoon Doksuri Gains Power as It Threatens Philippines, Taiwan

Doksuri has strengthened further and may intensify into a super typhoon before a possible landfall in northern Philippines en route to Taiwan. The typhoon is moving westward “slowly” with maximum winds of 150 kilometers (93 miles) per hour and gusts …

People Moves: Embroker Names Jennings CEO

Embroker said it promoted Ben Jennings, the company’s chief revenue officer for the last four years, to chief executive officer. The digital business insurance platform said it conducted an extensive search for a new CEO. Founding CEO Matt Miller stepped …

Booz Allen Pays $377.5 Million to Settle US Civil Probe

Booz Allen Hamilton Holding Corp. said it will pay $377.5 million under a settlement agreement with the US Department of Justice to settle a civil investigation related to its cost accounting. The case is “one of the largest procurement fraud …

Auto Claims Inflation Speeds Ahead of Premium Increases

Insurance claims inflation has risen faster than the underlying consumer price index (CPI), outpacing auto insurance premium increases, according to a new study, Auto Insurance: The Uncertain Road Ahead, by the American Property Casualty Insurance Association (APCIA). The national trade …