Fri.Mar 07, 2025

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25 Pacific Palisades Fire Victims Sue LA and Water & Power

Insurance Journal

Twenty-five victims of the Palisades Fire victims filed an inverse condemnation lawsuit in the Los Angeles Superior Court against the City of Los Angeles and the Los Angeles Department of Water and Power, alleging the entities failed to maintain an …

Insurance 260
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State Farm Terminates Executive Dissing California Wildfire Victims

Property Insurance Coverage Law

State Farm is in the middle of a billion-dollar controversy in California. One of its executives went far off the reservation with private comments. To its credit, State Farm terminated the relationship with a person with seemingly little empathy for California wildfire victims. This story started with an investigative reporter catching State Farm Vice President … The post State Farm Terminates Executive Dissing California Wildfire Victims appeared first on Property Insurance Coverage Law

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Minnesota Bill Aims to Combat Sexually Explicit, AI-Generated Deepfakes

Insurance Journal

Molly Kelley was stunned to discover in June that someone she knew had used widely available “nudification” technology to create highly realistic and sexually explicit videos and images of her, using family photos that were posted on social media.

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State Farm Terminates Executive Dissing California Wildfire Victims

Property Insurance Coverage Law

State Farm is in the middle of a billion-dollar controversy in California. One of its executives went far off the reservation with private comments. To its credit, State Farm terminated the relationship with a person with seemingly little empathy for California wildfire victims. This story started with an investigative reporter catching State Farm Vice President … The post State Farm Terminates Executive Dissing California Wildfire Victims appeared first on Property Insurance Coverage Law

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Streamline Insurance Claims Management By Analyzing Legal Trends

Insurance professionals use Trellis to streamline claims management by analyzing legal trends, predicting outcomes, and strategizing effectively to serve clients better. Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and mor

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Trucker in Crash That Killed 7 Farmworkers in Oregon Sentenced to 48 Years

Insurance Journal

A truck driver who killed seven farmworkers when he crashed into a parked van on Interstate 5 in Oregon was sentenced on Tuesday to nearly 50 years in prison.

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Alactrity Solutions Acquires InspectionConnection

Insurance Journal

Alacrity Solutions Group announced the acquisition of InspectionConnection from Latitude Subrogation Services, LLC. The transaction marks Alacrity’s 16th acquisition since 2015.

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CHUBB RECREATIONAL MARINE INSURANCE

Boyle Agency Insurance

Superior Protection For Boaters Many of us enjoy boating on the ocean and waterways of NJ. Owning a boat is one of life’s real pleasures. Boat ownership comes with responsibility while on the water and protecting your boating experience is essential. Bogle Agency Insurance offers exceptional Chubb Masterpiece Recreational Marine Insurance to our clients who own boats.

Marine 52
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Prosecutors Say Taylor Swift Tickets Were Sold Then Resold in Cyber Scam

Insurance Journal

A cybercrime crew stole then resold more than 900 digital tickets to Taylor Swift concerts and other pricey events on StubHub, according to prosecutors in New York.

Cyber 165
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Blog Post: New Business Law in Connecticut Amends Tax Laws Governing Pass-through Entities

LexisNexis

By Eric Geringswald | CSC The 2024 legislative session of the Connecticut General Assembly produced numerous new statutes affecting corporations and other business entities. For example: Business entities, both domestic and foreign, must comply with new requirements when filing documents with the Secretary of the State. Registered agents in Connecticut must meet additional standards.

Agents 52
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Zurich Insurance Expands Stake in Banco Sabadell Amid BBVA Deal Bid

Insurance Journal

Zurich Insurance Group AG has amassed a substantial stake in Banco Sabadell SA, potentially giving it more influence over an important source of sales that’s facing a hostile takeover bid.

Insurance 165
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Landlord Who Ignored Safety Codes Convicted of Murder for Fatal Fire

Insurance Journal

James G. Walker of Washington, D.C. was found guilty on two counts of second-degree murder, and 27 criminal building code violations, for the deaths of two tenants who were unable to exit when his building erupted in flames.

Building 165
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Report Cites Increase in Worker Fatalities Across New York

Insurance Journal

New York State experienced 74 worker deaths in 2023, a 48% increase over 2022’s 50 deaths, according to an annual report by an occupational safety nonprofit.

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Labor Department Investigating Nvidia, Amazon-Backed Startup Scale AI

Insurance Journal

The U.S. Department of Labor is investigating Scale AI, a data labeling startup backed by tech giants Nvidia, Amazon and Meta, for its compliance with the Fair Labor Standards Act, the California-based firm said on Thursday.

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Gallagher Re Launches Cyber Risk Adjusted Rating Index to Track Reinsurance Rates

Insurance Journal

Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co.

Cyber 147
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iHeartMedia Reveals No Payments Made to Drake in ‘Not Like Us’ Settlement

Insurance Journal

Texas-based iHeartMedia said it settled its legal dispute with Drake over Kendrick Lamar’s dis track “Not Like Us” after demonstrating that it “did nothing wrong.

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FTP, INC. Announces Strategic Acquisition of Coastal Flood Underwriters

Insurance Journal

Old Bridge, NJ March 07, 2025 FTP, INC. announced today its acquisition of Coastal Flood Underwriters, LLC, a premier provider of flood insurance solutions.

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Cyclone Alfred’s Slow and Erratic Path Challenges Forecasters

Insurance Journal

A cyclone threatening Australia’s southeast coast has taken a long and meandering path over the past week, challenging forecasters seeking to provide residents in the storm’s path with certainty on its track.

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Canada Court Approves $23 Billion Settlement to End Big Tobacco Lawsuits

Insurance Journal

A Canadian court approved a plan to settle long-running tobacco lawsuits in the country as part of which the units of three Big Tobacco companies will pay C$32.5 billion ($22.67 billion), Philip Morris and British American Tobacco said on Friday.

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SEC’s Uyeda Expects Slowdown in Rulemaking After ‘Ambitious’ Biden Era

Insurance Journal

The interim chief of the US Securities and Exchange Commission says he expects a slowdown in the Wall Street regulator’s rulemaking after three-and-half “overly ambitious” years of pursuing market reforms.

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Liberty Mutual Owes $4M Refund After Overcharging Louisiana Citizens Assessments

Insurance Journal

Liberty Mutual owes approximately $4 million to about 138,000 Louisiana policyholders after overcharging the Louisiana Property Insurance Corporation Emergency Assessment for the past four years, Insurance Commissioner Tim Temple said.

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SC House Approves Liquor Liability Bill But Broader Tort Reform May Be Dead

Insurance Journal

The South Carolina House of Representatives voted 109-0 Thursday in favor of a bill that would end joint-and-several liability for bars and restaurants and would incentivize additional alcohol-server training, an effort to reduce liquor liability insurance costs in the state.

Liability 242
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UK Court Blocks Class Action Lawsuit Against Water Companies Over Sewage Leaks

Insurance Journal

A UK court blocked a class action lawsuit over allegations of the under reporting of sewage leaks by six water companies including the debt-laden Thames Water Ltd.

Liability 147
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People Moves: Miller Taps SCOR’s Foucart as Managing Director in Reinsurance Practice; Acrisure Re Corporate Advisory & Solutions Appoints 4 Senior Hires

Insurance Journal

This edition of International People Moves details appointments at the brokers Miller and Acrisure Re. A summary of these new hires follows here.

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World Must Prepare to Fight Climate Change Without US, UK Says

Insurance Journal

The world needs to prepare to fight global warming without the help of the US as the Trump administration pulls billions of dollars pledged to initiatives funding the green transition, the UK’s climate envoy said.

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