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Astroworld Task Force Presents Findings

The Texas Task Force on Concert Safety (TFCS) presented a report to Gov. Greg Abbott on April 19 detailing safety recommendations for future events in the wake of the November 2021 Astroworld Festival tragedy. Abbott formed the TFCS Nov. 10, …

SureTec Pays Bond on Atlanta Official Accused of $100,000 in Credit Card Charges

After the former chief financial officer for Atlanta, accused of racking up huge charges on his city credit card, lost his appeal at the Georgia Supreme Court, SureTec Insurance Co. has sent a check to the City of Atlanta for …

Innovation Boosts Carrier Top Lines: AM Best

Insurers with well-developed innovation initiatives have much higher levels of top-line growth than those who lag behind on the innovation curve, AM Best reported last month. In a special report titled “Insurers Leverage Innovation for Financial Strength,” published in mid-March, …

Higginbotham Buys Lyon Fry Cadden in Alabama

Lyon Fry Cadden Insurance, one of the oldest property and casualty brokers in Alabama, is now part of Higginbotham, one of the largest U.S. brokers and human resources and benefits firms. Higginbotham said in a press release that the acquisition …

Dairy Processor to Pay $79,000 Over Disability Discrimination Suit at Michigan Location

Agropur, Inc., a dairy processor and U.S. subsidiary of Canadian-based Agropur Cooperative, will pay $79,000 and provide other relief to settle a federal disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced today. The …

3 Louisiana Black Churches Rebuilding After 2019 Arson

Three years after an arsonist torched three small Black Baptist churches in rural Louisiana, rebuilding is well under way. Mount Pleasant Baptist Church in Opelousas is months from reopening, with visible progress at St. Mary Baptist Church in Port Barre …

California Trying to Reduce Flood Risk Along Rivers

Between vast almond orchards and dairy pastures in the heart of California’s farm country sits a property being redesigned to look like it did 150 years ago, before levees restricted the flow of rivers that weave across the landscape. The …

New Jersey Diocese Reaches $87.5M Settlement with Sex Abuse Claimants

The Catholic Diocese of Camden, New Jersey, and the committee representing about 300 survivors of clergy sexual abuse have reached an $87.5 million settlement that will establish a trust to compensate the survivors. The trust will be funded by the …

Reducing Inequality, Hiking Minimum Wage Could Boost U.S. Economy: White House

Boosting enforcement of antidiscrimination and antitrust laws, raising the federal minimum wage and higher unionization rates could substantially boost U.S. economic growth, a new report by President Joe Biden’s top economic advisers concludes. The annual Economic Report, prepared by the …

Insurtech Funding Levels Come Crashing Down in Q1

Funding for the insurtech sector plummeted 58% in the first quarter of 2022 compared to fourth-quarter 2021, according to data released Tuesday by CB Insights. The total funding amount of $2.2 billion across 143 deals, compares to $5.3 billion across …

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