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Cincinnati Global Picks Hernandez, Seakens to Lead 2 New Business Lines

Cincinnati Financial Corp.’s London-based global specialty underwriting subsidiary, Cincinnati Global Underwriting Ltd., will begin writing two new lines of business: contingency and specie. Contingency insurance covers film and entertainment risks, such as: insuring film and TV production for their props, …

Michigan Insurance Agent Charged with $375K Client Theft

A Howell, Michigan, insurance agent has been charged with embezzlement and conducting a criminal enterprise, among other felonies, according to state Attorney General Dana Nessel. Alicia Holbrook-Bloink is accused of taking more than $375,000 of her clients’ money between 2015 …

Amini, General Counsel of Oklahoma Insurance Department to Retire

Gordon Amini, general counsel of the Oklahoma Insurance Department, will retire at the end of the year. During his 43-year career as corporate legal and regulatory counsel, Amini was a member of the Oklahoma Bar Association and admitted to practice …

Georgia Supreme Court Disputes Immunity Ruling in Stun Gun Death

Georgia’s highest court on Monday found that a lower court was wrong to grant immunity from prosecution to three sheriff’s deputies facing murder charges in a stun gun death dating to July 2017. The three white Washington County deputies – …

Chicago Scrap Shredder to Pay $18K Fine and Improve Safety, Pollution Prevention

A Chicago scrap shredder with a history of pollution problems has agreed to pay an $18,000 fine and make improvements intended to prevent explosions and stop metallic pollution from drifting into nearby neighborhoods. General Iron Industries agreed to the settlement …

Companies to Pay $70K to Settle Harassment, Retaliation Suit Filed in Texas

Federal officials in San Antonio say a pair of construction-related companies have agreed to pay $70,000 to settle a sexual harassment and retaliation lawsuit. The U.S. Equal Employment Opportunity Commission (EEOC) alleged that a female employee was repeatedly subjected to …

RMS: Total Onshore U.S. Insured Zeta Losses Could Rise to $5B

Catastrophe risk modeler RMS has estimated that insured on losses from Hurricane Zeta could rise to as high as $5 billion in the U.S. That figure is slightly higher than estimates announced by catastrophe modelers AIR Worldwide, CoreLogic and Karen …

Liability, Safety and Infrastructure Concerns Slow Development of Self-Driving Cars

Tesla recently made headlines with the beta launch of its Full Self-Driving system. That system comes with a disclaimer saying, “It may do the wrong thing at the worst time, so you must always keep your hands on the wheel …

Former Insurance Agent Charged, Has License Permanently Revoked in Wisconsin

A former insurance agent in Wisconsin charged with violations of insurance laws has had his license permanently revoked and must pay a penalty of more than $37,000, the state insurance commissioner’s office reported. The Office of the Commissioner of Insurance …

Causey Re-Elected as North Carolina Insurance Commissioner

Incumbent Mike Causey, a Republican, has defeated Democrat Wayne Goodwin in the third rematch between the two candidates for the position of North Carolina Insurance Commissioner. The Associated Press reported Wednesday night that Causey beat Goodwin with 52% of the …

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