July 31, 2018
The U.S. Supreme Court refused to halt a novel and sweeping lawsuit pressed by children and teenagers seeking to force the federal government to take steps against climate change. Rejecting a Trump administration request, the high court let the case …
July 31, 2018
Uber will stop developing self-driving trucks that have been hauling cargo on U.S. highways, the ride-hailing company said on Monday, seeking to focus its autonomous-vehicle technology solely on cars. Through its acquisition of Otto in 2016, Uber had sought to …
July 31, 2018
Fraud investigators with the Georgia Department of Insurance have arrested a Columbus, Ga., roofing contractor and issued warrants on his employer for intentionally vandalizing the roofs of two homes in Muscogee County, according to a statement from Georgia Insurance Commissioner …
July 31, 2018
Arch Capital Group Ltd. (ACGL), a globally diversified financial services group providing insurance, reinsurance and mortgage insurance, will open an operational hub in Raleigh, N.C., and create 365 new jobs over four years, according to a statement from North Carolina …
July 31, 2018
Swiss Re Capital Markets has structured and placed the issuance of $350 million of insurance-linked securities by Frontline Re Ltd. on behalf of Frontline Insurance. The transaction is Frontline’s debut catastrophe bond and covers named storms in Alabama, Florida, North …
July 30, 2018
An insurance company for a Portland apartment complex has agreed to pay $100,000 to settle a lawsuit filed by the mother of a 2-year-old girl who died in her bedroom after a heater malfunctioned. In a lawsuit that had sought …
July 30, 2018
Michigan State University has filed suit against 13 insurance carriers over coverage of sexual assault claims by victims of now-imprisoned former sports doctor Larry Nassar. The lawsuit against the insurers was filed July 26 in Ingham County Circuit Court. Michigan …
July 30, 2018
Higginbotham and Sellers-Patterson Insurance have merged operations in Tyler, Texas. Sellers-Patterson, led by Linda Sellers, is Higginbotham’s second office in Tyler; the first established in 2014 when Higginbotham entered the market. The union gives the combined firm a local workforce …
July 30, 2018
Brian D. Lopata has been named president and chief executive officer for McPherson, Kansas-based Farmers Alliance Companies, effective Aug. 27, 2018. As president and CEO, Lopata will have day-to-day responsibility for all functional areas of the companies, working directly with …
July 30, 2018
Darrick Lee, a licensed attorney in both Louisiana and Texas, has been appointed fraud manager in the Office of Workers’ Compensation Administration (OWCA) at the Louisiana Workforce Commission. Lee has 13 years of civil service experience. Prior to this appointment, …