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News Archives - Insurance Journal

Texas Car Dealership Sued for Age and Disability Discrimination
DALLAS – Pete’s Car Smart Inc., a car dealership based in Amarillo, Texas, violated federal law by firing a long-time employee based on her age and cardiovascular-related disability, the federal agency announced today. According to the EEOC’s lawsuit, the employee …

POSTED JUNE 07, 2023 4:54 PM
Hub Acquires Illinois-Based E-Insurance Services
Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced that it has acquired the assets of E-Insure Services, Inc. (EINSURANCE). EINSURANCE is a web-based, direct-to-consumer lead generation platform leveraging its data-driven marketing techniques to power …

POSTED JUNE 07, 2023 4:43 PM
Plane had Mechanical Problems Before Crash That Killed Founder of Morgan White Insurance Group
WINSLOW, Ark. (AP) – A small plane had mechanical problems with its autopilot system before it crashed in Arkansas last month and killed a former Mississippi state senator who was flying it, according to a preliminary report by the National …

POSTED JUNE 07, 2023 4:34 PM
Week After Iowa Building Collapse, Minnesota Condo Evacuated Over Stability Concerns
ROCHESTER, Minn. (AP) – Less than a week after an apartment building partially collapsed in Iowa, more than 140 people were evacuated from a condominium in Minnesota after a structural engineer expressed concerns about its stability. Officials in Rochester, Minnesota, …

POSTED JUNE 07, 2023 4:30 PM
Republican Wisconsin Lawmakers Propose Plan to Combat PFAS Pollution
MADISON, Wis. (AP) – Republican legislators have proposed a sweeping new plan to address PFAS pollution that would create grants for local governments, limit regulators’ ability to delay projects on polluted property and mandate studies on how to treat contaminated …

POSTED JUNE 07, 2023 4:25 PM
Children Rescued from Burning Car While Florida Mom was Shoplifting, Police Say
Shoppers at a Florida mall managed to pull two children out of a burning car after their mother left them alone while she shoplifted, police said. The vehicle caught fire May 26 outside the Oviedo Mall, just northeast of Orlando, …

POSTED JUNE 07, 2023 3:11 PM
Appeals Court Upholds Jury’s $9M Irma Verdict That Went Beyond Experts’ Opinions
Juries that are asked to resolve hurricane-damage disputes often hear widely varying damage estimates from expert witnesses. A decision by a federal appellate court on Monday demonstrates that once a jury decides on a number, insurers may need more than …

POSTED JUNE 07, 2023 2:56 PM
New York City Files Suit Against Hyundai, Kia Over Thefts
New York City has joined other municipalities in suing carmakers Hyundai and Kia for not having immobilizer anti-theft technology in some of their vehicles, which the municipalities claim has resulted in record car thefts and created a public nuisance around …

POSTED JUNE 07, 2023 2:07 PM
Insurance Group Hamilton Mulls Potential IPO, Sale
Hamilton Insurance Group is considering strategic options amid growing momentum for deals involving insurance and reinsurance companies, people familiar with the matter told Reuters. The Bermuda-based group has been discussing options with potential advisers, including an initial public offering (IPO) …

POSTED JUNE 07, 2023 2:04 PM
California Insurers’ Inability to Price Risk Is Causing Headaches
California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate change — and that limitation is a factor pushing US insurers out of the state. State Farm General Insurance Co. announced at …

POSTED JUNE 07, 2023 1:07 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does RCG Insurance confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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