An Illinois freight broker has filed a lawsuit accusing Liberty Mutual of overcharging it by demanding payment of workers’ compensation premiums for independent contractors who are ineligible for benefits. Virnich Corp., which does business in West Chicago, says in a …
The lawyer who oversaw payments to victims of the Sept. 11 terrorist attacks will be appointed by a federal judge to estimate the total liability that Johnson & Johnson faces for claims that talc in its baby powder causes cancer. …
Did State Farm Insurance employ a clever device to reduce its payout – sometimes to zero – on thousands of property claims in Alabama? The insurance company has denied underpaying claims and other wrongdoing, but has agreed to settle a …
Massachusetts lawmakers approved a sweeping abortion bill Tuesday aimed in part at building a firewall to protect access to the procedure after the U.S. Supreme Court overturned Roe v. Wade last month. The bill would protect abortion providers and people …
A Baltimore family is suing a Sesame Street-themed amusement park for $25 million over claims of racial discrimination, alleging multiple costumed characters ignored a 5-year-old Black girl during a meet-and-greet event last month. The lawsuit comes in the wake of …
Risk Strategies named Patrick Roth senior vice president, growth leader for the Central and West regions. Roth is located in Colorado. He will be responsible for developing a sales culture, managing all levels of producers, driving organic growth strategies, and …
A Kennewick, Washington, business owner pleaded guilty to a felony for failing to provide workers’ compensation insurance for his employees for the second time. Benton-Franklin Superior Court Judge Norma Rodriguez sentenced Rodney Eugene Dietrich to 30 days of electronic home …
AM Best removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of Golden Bear Insurance Co. headquartered in Stockton, California. The …
Another property insurer has halted writing new policies in Florida. For homeowners, condominiums and rental properties, “new business will be paused temporarily until further notice,” American Traditions Insurance explained Thursday in a bulletin to agents around the state. “We will …
The Financial Stability Oversight Council convened on Thursday to identify and address climate-related financial risk. The FOC last year published an extensive report on climate-related financial risk and issued dozens of best-practices recommendations to U.S. financial regulators to identify and …
