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Canada’s Desjardins Is Seeking Property/Casualty Insurance Acquisitions

Canada’s Desjardins Group is seeking acquisitions in the property and casualty (P/C) insurance space as it seeks to boost its presence across the country, CEO Guy Cormier told Reuters on Tuesday. Cormier said the Quebec-based cooperative financial group is mainly …

As NCCI Turns 100, a Look at What’s Now, What’s Next for Workers’ Comp

Editor’s note: This article first ran in Insurance Journal’s sister publication, Carrier Management, earlier this month. It was written by CM Editor Susanne Sclafane. The National Council on Compensation Insurance, which turns 100 years old this year, is headquartered in …

Only 3 Insurers Sign Up for Florida Re Plan and Hopes for a New Plan Are Fading Fast

After five years of tweaks to Florida’s insurance and tort laws, all designed to reduce the vast amount of claims litigation and – eventually – bring down property rates, many in the industry argue that there’s still one big piece …

Judge Says Baldwin Settlement in Fatal Nex Mexico Movie Set Shooting Sealed

A judge has agreed to seal from public view the terms of a proposed settlement agreement that benefits the son of slain cinematographer Halyna Hutchins, in a wrongful death lawsuit against actor Alec Baldwin and an array of producers and …

4 Penobscot Indians Accuse Maine Priests of Sexual Abuse

Four Native Americans who say they were abused by three Roman Catholic priests on their reservation in Maine are the latest to bring lawsuits since the state fully lifted the statute of limitations for child sex crimes. The Penobscot Nation …

Hackers Stole Arizona School Data; Teachers Left in the Dark

Classrooms across Tucson, Arizona, were ravaged by ransomware in January that locked up computer systems and forced teachers to revamp lesson plans. Officials in southern Arizona’s largest school district tried assuring students and staff for weeks that, despite the cyberattack, …

Judge Allows Roberto Clemente Jr. Agency Fraud Claim Against Allstate

The son of the late Major League Baseball Hall of Famer Roberto Clemente alleges that Allstate Insurance Co. committed fraud when it cancelled his family agency’s agreement after accusing them of fraud for using auto insurance discounts that the insurer …

Families Displaced from California Neighborhood Seeking $2B

As a child, Lawrance W. McFarland lived on a small piece of land on a Native American reservation in Palm Springs he described as a “little world of its own,” surrounded by the parts of the city that were tourist …

People Moves: Ryan Specialty Promotes RT Specialty Leaders Austenfeld and Houska

Ryan Specialty Promotes RT Specialty Leaders Austenfeld and Houska Ryan Specialty Holdings, Inc. has promoted Brenda (Ballard) Austenfeld and Chris Houska to CEO and president of their respective RT Specialty practices, the wholesale brokerage specialty within Ryan Specialty. Austenfeld, CEO …

SEC Sees Decentralized Crypto Platforms as Exchanges, Seeks Public Input

The U.S. Securities and Exchange Commission met on Friday to open public comment again on its proposal to expand the definition of an “exchange,” clarifying that its existing rules on exchanges also apply to decentralized cryptocurrency platforms. The SEC voted …

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