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

Appeals Court Revives Lawsuit Against Royal Caribbean Over Toddler’s Death

A federal appeals court on Tuesday revived a lawsuit against Royal Caribbean Cruises by the parents of an 18-month-old girl who died after slipping through her grandfather’s hands and falling through an open cruise ship window. The 11th U.S. Circuit …

Water Damage Exclusions, on the Rise, May Frustrate Insureds but Are OK, Court Says

A federal appeals court has affirmed a lower court ruling that a Scottsdale Insurance commercial policy for a community center excludes almost all non-weather water damage. It’s the type of “infuriating” exclusion that plaintiffs’ attorneys and some brokers have said …

$12M in Fines Isn’t Enough to Stop Jersey Shore Town From Bulldozing Its Beach

Not even $12 million worth of fines is enough to stop a Jersey Shore town from bulldozing sand on its beach to bolster eroded spots in defiance of state environmental officials. The New Jersey Department of Environmental Protection says North …

People Moves: LP Insurance Services in Nevada Names Steelman COO

LP Insurance Services, headquartered in Reno, Nev., promoted Trinity Steelman to chief operating officer. Founding COO, Joe Wyatt, retired on July 1. Steelman is responsible for the daily operations throughout the LP Insurance footprint. She continues to lead the employee …

Agent’s Failure to Disclose Dog Comes Back to Bite Homeowner

A Connecticut homeowner who is being sued by a woman who alleges his dog bit her in the face is not entitled to insurance coverage because his home insurance application, which was completed by his insurance agent, indicated he did …

Buggy Driver, 2 Teens Seriously Injured in Pennsylvania Crash Involving Minivan

A man and two teenagers riding in a buggy pulled by a horse were seriously injured in a crash with a minivan over the weekend, authorities said. State police in Centre County say the minivan struck the rear of the …

Farmers Insurance Further Reducing Florida Business

One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans to cut back further on its presence in the hurricane-prone state. The Florida Office of Insurance Regulation said Tuesday that …

Minor Quakes Rattle Parts of East Tennessee, Virginia

Multiple, minor earthquakes have been reported in western North Carolina in recent months but now they’re being felt in Tennessee and Virginia, the U.S. Geological Survey has reported. A 2.2-magnitude quake happened Friday evening near Sevierville, in eastern Tennessee, not …

Gensler Asserts SEC Authority Over Crypto as Opponents Waver

Gary Gensler’s Securities and Exchange Commission is filling the crypto regulatory void, and the industry and its backers on Capitol Hill have so far been unable to check him. The tide was supposed to turn when Republicans gained control over …

People Moves: Stephens Insurance Names Green SVP, Cyber Risk

Stephens Insurance announced Mark Green as a senior vice president, focused on cyber risk. Green brings more than 20 years of experience in the insurance industry, most recently with McGriff, Seibels & Williams. Prior to McGriff, Green was an executive …