May 18, 2023
A federal judge on Tuesday blocked part of New Jersey’s new handgun carry law that barred weapons from being carried in so-called sensitive places and halted a new insurance mandate the law sought to institute. Second Amendment rights groups that …
May 18, 2023
Illinois became the latest state to pass public adjuster reform legislation when the Illinois Public Adjuster bill (SB 1495) passed both houses of the legislature and will move on to the governor. Indiana Gov. Eric Holcomb recently signed HB 1329, …
May 18, 2023
The operator of a limousine company who has been accused of acting recklessly and causing the deaths of 20 people, is not to blame for the 2018 upstate New York crash, because he tried his best to repair and maintain …
May 18, 2023
AM Best downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” (Good) from “a-” (Excellent) of Farm Bureau Mutual Insurance Company of Arkansas Inc. The outlook of the FSR was …
May 18, 2023
A key element of the European Union’s Green Deal package has been delayed after France, the bloc’s biggest supporter of nuclear power, said it won’t back a law to scale up renewable energy. Member-state officials had been due to endorse …
May 18, 2023
Nevada and pharmacy chain CVS have reached a nearly $152 million settlement to be paid over the next decade to end a lawsuit over opioid claims, state Attorney General Aaron Ford announced. “CVS negotiated in good faith,” Ford said at …
May 18, 2023
The Department of Justice proposed an amended complaint and consent decree in the District of Maryland that would resolve claims that chicken producer George’s Inc. and George’s Foods conspired with other poultry processors for years to suppress workers’ wages by …
May 17, 2023
Nashville-based Davies Group, a rapidly growing professional services and technology firm serving the insurance industry, has named Jen Morrissey group chief operations officer. Morrissey was previously chief information officer with Unison Risk Advisors and was with Willis Towers Watson before …
May 17, 2023
Buyers of directors and officers liability may be getting a break from steep rate and price increases seen over the last several years, but insurance industry rating agency AM Best said it remains to seen how long the reprieve can …
May 17, 2023
Risk Strategies, a specialty insurance brokerage with national reach, has acquired Combined Underwriters of Miami, an independent agency that offers commercial and personal insurance and benefits products in south Florida. Combined Underwriters has been around for 30 years, specializing in …