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May 28, 2023State Farm to Cease Accepting New Applications for Business and Personal Lines P/C in California
An insurer group was quick to respond over the weekend after State Farm announced it will cease accepting new applications for business and personal lines property/casualty in California to deal with increased risks and higher construction costs. The …
May 26, 2023Midwest States Consider Relaxing Child Labor Laws to Address Worker Shortages
MADISON, Wis. (AP) – Lawmakers in several states are embracing legislation to let children work in more hazardous occupations, longer hours on school nights and in expanded roles including serving alcohol in bars and restaurants as young as 14. The … …
May 26, 2023New Orleans TV Station Airs MMA Partner’s Admissions During Staff Meeting
A New Orleans television station broadcast an audio recording of a founding partner of the McClenny Moseley & Associates law firm admitting that his law firm used a roofing company and a marketing firm to sign on clients. 4WWL’s Eyewitness …
May 26, 2023Fatal Blaze at Texas Refinery to Result in Lawsuits Against Oil Refiner Marathon
HOUSTON – Attorneys representing the family of a worker who was killed in a fire at a Texas City, Texas, refinery and another worker who was hospitalized said on Wednesday they have filed or would soon file injury claims against …
May 26, 2023Florida DFS Charges Claims Adjuster with Submitting $24,000 in Fraudulent Auto Claims
Florida investigators have charged a former Progressive Insurance claims adjuster with fraud, alleging that she used claimants’ identities to submit fraudulent auto claims, then pocketed almost $24,000 in settlements. Kiyuana R. Pasley, 41, of Homest …
May 26, 2023Illinois Catholic Clergy Abuse Report Could Prompt Lawsuits, Changes to State Law
CHICAGO (AP) – Illinois’ attorney general has ended a five-year investigation into sexual abuse of children by Catholic clergy in the state, releasing a nearly 700-page report that revealed the problem was far worse than the church acknowledged in 20 …
May 26, 2023EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias
The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers can also run afoul of discrimination laws …
May 26, 2023Fired Root CMO Accused of Stealing Millions Spends ‘Lavishly’; Judge Appoints Receiver
According to court records, Root Inc’s former chief marketing officer – accused of stealing about $10 million from the company – has not made court appearances, spent money in violation of court orders, and has a bench warrant out for …
May 26, 2023Allianz’ PIMCO Weighs Joining Investors Suing Over Credit Suisse AT1 Bonds
Pacific Investment Management Co. is considering joining hundreds of investors in challenging the Swiss regulator’s decision to wipe out about $17 billion of Credit Suisse Group AG bonds following the bank’s takeover by UBS Group AG. PIMCO, which fil …
May 26, 2023Kin, Slide Say They’ve Completed Reinsurance Programs Ahead of June 1 Renewal
Two Florida-focused property insurers have announced they have completed their reinsurance programs, just days ahead of what some had warned would be a painful June 1 renewal deadline. Kin Insurance Inc., a tech and data-heavy, direct-to-consumer ins …
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