November 5, 2020
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, …
November 5, 2020
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 …
November 5, 2020
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 …
November 5, 2020
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 – …
November 5, 2020
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 …
November 5, 2020
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 …
November 5, 2020
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 …
November 5, 2020
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 …
November 5, 2020
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 …
November 5, 2020
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 …