December 21, 2022
OBERLIN. Ohio (AP) – Oberlin College has completed paying out a $25 million judgment to an Ohio bakery that won a libel lawsuit against the school after a shoplifting incident involving three Black students. The store’s owners, Allyn Gibson and …
December 21, 2022
Ohio Department of Insurance Office of Legal Services Restructured, Fitch Named Chief Legal Officer Ohio Department of Insurance has promoted several employees in the department’s Office of Legal Services, including naming Whitney Fitch as chief legal officer. Fitch, who joined …
December 21, 2022
HOUSTON (AP) – Cases can move forward against Alex Jones regarding the nearly $1.5 billion he’s ordered to pay families of Sandy Hook victims over his conspiracy theories about the 2012 school massacre, a federal bankruptcy judge ruled Monday, but …
December 21, 2022
Cadence Insurance, Inc. announced the acquisition of certain assets of Houston, Texas-based Warriner & Associates Insurance Services, Inc. and Warriner Solutions, LLC effective December 1, 2022. With roots tracing back to 1992, Warriner & Associates has specialized in insurance coverage …
December 21, 2022
Tennessee’s insurance commissioner has approved a 10.2% average decrease in workers’ compensation loss costs for the voluntary market, marking the 10th-straight reduction for the state. The Dec. 14 order from Commissioner Carter Lawrence approved a recommendation from the National Council …
December 21, 2022
Arthur J. Gallagher & Co. announced the acquisition of São Paulo, Brazil-based Interbrok Group. Financial terms of the deal were not disclosed. In a media statement, J. Patrick Gallagher Jr., chairman, president and chief executive officer of Arthur J. Gallagher, …
December 21, 2022
The upstate New York city of Buffalo on Tuesday filed a lawsuit in state court accusing major gun manufacturers of fueling violence through irresponsible marketing and sales practices. Defendants in the lawsuit include Smith & Wesson Brands Inc., Beretta USA …
December 21, 2022
White Mountains Insurance Group, Ltd. announced today that Ark Insurance Holdings Limited, its specialty property/casualty reinsurance and insurance subsidiary, has sponsored the formation of a reinsurance sidecar to provide collateralized reinsurance capacity for its global property catastrophe portfolio. Outrigger Re …
December 21, 2022
A Georgia Court of Appeals judge and former attorney for the state Department of Insurance has died at age 64. Judge Clyde Reese died on Saturday, the court announced, saying he died unexpectedly after a short hospital stay. No cause …
December 21, 2022
Customer satisfaction with insurers’ digital claims systems declined for the second consecutive year, according to a J.D. Power survey of auto and home policyholders. Mark Garrett, director of P/C insurance intelligence for the consumer research company, said that challenges such …