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At Least 20 Louisiana Horse Deaths Related to Contaminated Feed

BATON ROUGE, La. (AP) – At least 20 horses in Louisiana have died after ingesting bacteria found in some alfalfa hay cubes from a manufacturer in Colorado, state agriculture officials said. The Louisiana Department of Agriculture and Forestry began notifying …

Class Action Suit Alleges Chubb Misleads Consumers With Home Premium Discounts

Insurer Chubb is being accused of misleading consumers in the way it offers insurance premium discounts to homeowners as percentages without specifying the actual dollar amounts that insureds can save, and allegedly not applying all of the promised discounts. A …

Morgan & Morgan Sues Trademark Office over Refusal to Register Phone Number

Florida-based Morgan & Morgan, which calls itself the largest injury law firm in the country, has become one of the property insurance industry’s chief adversaries, facing off with insurers over thousands of auto accidents, homeowner policies and workers’ compensation claims. …

Texas Lawmakers to Consider TWIA Funding, ESG This Legislative Session

Texas lawmakers returned to Austin this week for the start of the 88th Legislature, which portends to be a relatively quiet legislative session for hearing property and casualty concerns. “I think insurance is probably not a top priority,” said Albert …

Crypto Crime Hits Record $20B in 2022, Report Says

Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday. The cryptocurrency market floundered in 2022, as risk appetite diminished and …

W.R. Grace Offers $18.5M to Settle Montana Asbestos Claims

The owner of a former vermiculite mine in northwestern Montana that spread harmful asbestos in and around the town of Libby has offered $18.5 million to settle the last of the state’s claims for environmental damages, Gov. Greg Gianforte announced …

Howden Group Completes Buy of TigerRisk Partners

Howden Tiger is official. Howden Group Holdings yesterday said it has completed its acquisition of TigerRisk Partners to create the “world’s fourth largest global reinsurance broker.” “Together, we will be able to meet the rapidly changing demands of large global …

South Korean Firm Hanwha Plans $2.5B in Solar Panel Plants in Georgia

A South Korean solar panel maker will invest more than $2.5 billion to build factories in Georgia, hiring 2,500 new employees and making components usually manufactured outside the United States, the company announced Wednesday. Qcells, a unit of Hanwha Solutions, …

Geico Saves $5.2 Million as Award to Woman Who Contracted STD in Car Is Overturned

Geico is off the hook, at least for now, from paying a Missouri woman $5.2 million because she said she contracted a sexually transmitted disease in the car of a man who is insured by the company. The Missouri Supreme …

WTW Launches Online Platform for Aerospace Clients

Insurance broker WTW launched a customized online platform for the aerospace sector which enables access to WTW expertise across the globe on a 24/7 basis. The creation of an online knowledge platform will allow clients to access technical expertise, news …

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