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PG&E: Some Fire Victim Claims, Including One for 500-Pound Emerald, Seem ‘Suspicious’

PG&E Corp. says it has found suspicious monetary claims by victims of California’s wildfires, including one from a man who says a 500-pound (227-kilogram) emerald worth $280 million was destroyed at his home a year ago in the most destructive …

U.S. Safety Agency Faults Uber, Driver in Probe of 2018 Autonomous Car Crash Death

A U.S. safety agency on Tuesday faulted Uber for inadequate attention to safety and decisions in the company’s autonomous vehicle development in an investigation into the first-ever death involving a self-driving vehicle, which also cited the vehicle’s distracted back-up driver. …

Florida Officials Unveil Website to Monitor Water Quality

Florida officials are rolling out a new online dashboard that allows the public to get a snapshot of water quality in the state’s major lakes and waterways. Gov. Ron DeSantis announced the new website, protectingfloridatogether.gov , during a visit to …

Mississippi Police Officer Sues Over Gender Bias

A woman is suing a Mississippi police department where she was the sole female officer. News outlets report Tiffany McClure sued the city of Lumberton for discrimination on Wednesday, saying she was fired last year as a result of her …

Citizens CEO Notes Impact of AOB Reforms as New Rates to Take Effect in Florida

The head of Citizens Property Insurance Corp. says it is already seeing a difference in assignment of benefits (AOB) litigation since reforms passed by the Florida Legislature took effect in July. Meanwhile, many Citizens policyholders may see premium relief from …

Federal Reserve Approves BB&T and SunTrust Banks Merger

The Federal Reserve Board on Tuesday approved the application by BB&T Corp. of Winston-Salem, North Carolina, to merge with SunTrust Banks, Inc. of Atlanta, Georgia. The merged entity will be called Truist Financial Corp. Upon completion of the merger, Truist …

Experts Say Oklahoma’s Insurance Business Transfer Law Will Boost Economy

An international forum of insurance experts meeting in Tulsa, Oklahoma, said the Insurance Business Transfer law expected to bring an economic boost to the state. The IBT law creates a way for insurers to transfer entire blocks of business to …

Texas On-Demand Delivery Service Now Providing Commercial Auto Insurance to Drivers

Favor, the Texas-based on-demand delivery service, is now providing its entire Runner community of over 80,000 contract delivery drivers with commercial automobile liability insurance coverage during every active delivery with Favor, at no cost to Runners. Founded in 2013 and …

Risk Strategies Acquires Thomas McGee Group in Missouri

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Thomas McGee Group (TMG), a Missouri-based full-service brokerage with specialty capabilities for large accounts, group and single parent captives, and focused risk management services. Terms of …

Despite Smart Cars, There’s Still Money to Be Made from Damaged Vehicles

The 2019 Ferrari 812 Superfast is a beast by any measure. With 789 horsepower and a top speed of 211 miles per hour, it retails new for about $363,000. It could be yours for a fraction of the price, if …

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