Prime Insurance Co. is not liable for $60 million in damages after two patients died following liposuction at a Georgia clinic, thanks in part to the clear wording of the insurance policy and timely action by the insurer, a federal …

The American Property Casualty Insurance Association wants Utah senators to vote no on HB 144, a bill the APCIA says is confusing and could be interpreted as a drivers’ right of way on a green light is absolute. “Utah senators …

BenefitMall named Carmen Perea as sales executive for Northern California. Perea has more than two decades of industry experience. Before joining BenefitMall in December 2023, Carmen worked as an account executive at Dickerson Insurance Services, An Alera Group Company, and …

A seven-person jury in Syracuse, New York, returned a $1.675 million verdict last week in a disability discrimination lawsuit filed on behalf of a job candidate who is deaf. The U.S. Equal Employment Opportunity Commission (EEOC) brought the complaint against …

Ten cars of a cargo train carrying plastic pellets and cooking oil derailed in upstate New York, with two ending up in a river, authorities said. The cars, part of a 94-car train operated by Berkshire & Eastern Railroad, derailed …

Venbrook Group LLC and Student Insurance announced the expansion of their accident coverage program for student-athletes attending universities in California. The Student Athlete Insurance Network is a partnership with Anthem Blue Cross established in 1993, supplying coverage for all students …

A chicken processing plant – with a long history of violations ‒ continues to ignore federal safety regulations and expose workers to multiple hazards while they process chickens for commercial sale, federal inspectors found. Inspectors with the U.S. Department of …

A furniture retailer and lessor based in Louisiana has agreed to pay a former employee $105,000 to settle a race discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. Affordable Rent-to-Own, LLC, doing business …

A Texas public adjuster committed willful infringement when he formed a corporation and a limited liability company with the names “Certain Underwriters at Lloyds London, Inc.” and “Certain Underwriters of Lloyds London,” a U.S. district court ruled on Feb. 7. …

Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees. According to a complaint filed …

The economic losses from the latest round of California storms will be significant, with many of these losses may not be insured because only 2% of California residents have purchased flood insurance, David Blades, associate director, industry research and analytics, …

The top US artificial intelligence companies will participate in a government-led effort intended to craft federal standards on the technology to ensure that it’s deployed safely and responsibly, the Commerce Department said Thursday. OpenAI, Anthropic, Microsoft Corp., Meta Platforms Inc. …

(Reuters) – Owens Corning said on Friday it will buy door maker Masonite International for $3.9 billion in an all-cash deal, as it looks to beef up its home-building portfolio and expand its reach. Owens will acquire all outstanding shares …

MONTGOMERY, Ala. (AP) — A group of Alabama lawmakers unveiled a sweeping gambling bill Wednesday that could authorize a state lottery and 10 casinos across the conservative Deep South state as some Republicans look to get the question before voters …

This edition of International People Moves details appointments at Mitsui Sumitomo Insurance (Europe) and Gallagher Re. A summary of these new hires follows here. Mitsui Sumitomo (Europe) Appoints Rodden as Interim CEO, Rebrands as MSIG UK Mitsui Sumitomo Insurance Co. …

Two pieces of legislation that could help reduce losses and litigation costs for insurance carriers are moving in the Florida Legislature: Litigation funding restrictions and changes to the state’s home-hardening program. By a vote of 15-5, the Senate Fiscal Policy …

Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to the United Arab Emirates. US sanctions forbid Western companies from knowingly doing business with Iran. …

Britain’s financial watchdog said on Friday several insurers have agreed to suspend sales of policies that cover the depreciation of cars after it said it was worried the deals did not offer value for money. The suspension relates to so-called …

Along with hurricanes and litigation, Floridians and their insurers can now add another potential concern: earthquakes. The National Weather Service reported that a 4.0 magnitude temblor, one of the largest recorded in the state, was felt off Florida’s east coast …

Five of the largest publicly traded insurance brokers — Marsh & McLennan Cos., Aon, Arthur J. Gallagher, WTW and Brown & Brown – reported generally strong revenues in 2023, with annual increases ranging from 7% (Aon) to 18% (Arthur J. …