News

Jacksonville Jags Sue Financial Employee Convicted of Stealing $22M From Team

JACKSONVILLE, Fla. (AP) — The Jacksonville Jaguars have filed a lawsuit against a former employee who is serving prison time after pleading guilty to stealing $22 million from the NFL team’s virtual credit card program. The lawsuit, filed Thursday in …

After Crash Killed 6 Teens, NTSB Says Marijuana’s Impact on Drivers Underestimated

A horrific crash that killed six high school girls in Oklahoma two years ago has the head of the U.S. National Transportation Safety Board urging parents to warn teenagers about the risk of driving after using marijuana. Chairwoman Jennifer Homendy …

4 Dallas Firefighters Injured as Engine Crashes Off Bridge, Lands on Railway

DALLAS (AP) — A Dallas Fire-Rescue engine crashed off an expressway bridge on Sunday and landed on a railway track below, injuring four firefighters, officials said. The crash happened just after 6 a.m. on the I-345 Expressway, Dallas Fire-Rescue Capt. …

‘Surface Waters’ on Roof Are Not ‘Flood’ Waters, Massachusetts High Court Rules

The highest court in Massachusetts has ruled that rainwater accumulation on roofs of buildings does not constitute “surface waters” within the meaning of “flood” in property insurance policies. The court found that the term “surface waters” in policies is ambiguous …

Tropolis Acquires Three Insurance Agencies in Southeastern Michigan

Unity Partners, a principles-based private equity firm, and Tropolis, an Ann Arbor, Mich.-based insurance brokerage that provides property & casualty and employee benefits solutions, announced that Tropolis has completed the acquisitions of three insurance agencies in Southeastern Michigan. Terms of …

Louisiana Marine Electronic Services Provider Sued for Sexual Harassment

X-Treme Tech Services, LLC, a Thibodaux, Louisiana-based business which provides marine electronic services, violated federal law when a supervisor repeatedly sexually harassed a female employee and then fired her after she resisted his advances, the U.S. Equal Employment Opportunity Commission …

Heat-Related Texas Deaths Climb After Hurricane Beryl Power Outages

SPRING, Texas (AP) — As the temperature soared in the Houston-area home Janet Jarrett shared with her sister after losing electricity in Hurricane Beryl, she did everything she could to keep her 64-year-old sibling cool. But on their fourth day …

Personal Auto Driving P/C Insurers to 2024 Underwriting Profit

S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S. P/C insurance industry overall in 2024, signifying a return to underwriting profitability for the first time since 2021. According to the analysis, private passenger auto insurance …

Hub Acquires Wade Associates in North Carolina

Hub International Ltd., a global insurance brokerage and financial services firm, has acquired Wade Associates, an independent agency with offices in North Carolina. Wade has specialized in property/casualty insurance for construction, manufacturing, health care and technology sectors, Hub said in …

Oil Tanker Insurance Payouts at Risk After UK’s Russia Sanctions

Transfers of oil at sea that involve a recently sanctioned Russian insurer may prevent western firms from paying claims if something goes wrong, a key provider of cover said. Moscow-based Ingosstrakh PJSC has emerged of a major insurer to Russian …

News Archives by Month